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Cattle Industry News By Category: Economics

01 November 2021
Europe's agri-food trade shows solid growth in first half of 2021
Despite a slow start to the year, EU agri-food trade (exports plus imports) for January to July of 2021 came in at €183 billion, a 3.2% increase on the same period in 2020. ...
30 October 2021
Dutch researchers note marked decline in meat consumption in 2020
Emerging data from Wageningen University & Research and Wakker Dier show that per capita meat consumption in the Netherlands fell during the first year of the COVID-19 pandemic. ...
29 October 2021
Weekly beef and dairy digest: Australia's meat exports repeatedly fail safety inspections
The US FSIS has rejected 10 meat shipments from Australia last year due to contamination, and economic forecasts predict inflating food prices. ...
US sees spike in contaminated Australian meat shipments
US food safety officials have blocked a rising number of meat shipments from Australia since 2019 due to fecal contamination, straining trade relations between the two countries, according to documents reviewed by Reuters....
Profits for Brazil’s Marfrig more than double in Q3 2021
Marfrig Global Foods has reported a net income of 1.67 billion reais for the third quarter, an increase of 148.7% on the same period last year....
28 October 2021
Brazil’s beef shipments to China after embargo were blocked on arrival
Shipments of Brazilian beef have been stopped from entering China due to an embargo in place since two cases of mad cow disease were reported in the South American nation in early September....
UK farmers call for additional investment in ag sector ahead of government budget
The UK's National Farmers Union (NFU) has made a pre-budget submission to Chancellor Rishi Sunak, highlighting the wide-ranging economic benefits of investing in the UK food production system....
ADM’s profits more than double on strong crush margins and demand for vegetable oil
Grain trading giant Archer-Daniels-Midland Co (ADM) says its third-quarter profit more than doubled, as strong oilseed crushing margins and rising vegetable oil demand boosted its core agricultural services and oilseeds unit....
UK beef exports shine at Anuga trade show
The AHDB stand at this year’s Anuga generated a great deal of interest from red meat buyers – marking a successful return to the world’s largest trade fair for food and drink....
27 October 2021
China greenlights beef imports from Italy
China’s Customs Administration has approved beef imports from Italy from 26 October....
WTO panel examines Chinese import duties on Australian beef and wine as relations sour
The World Trade Organization has agreed to set up a panel to examine China's imposition of duties on imported Australian wine and beef, two of several disputes souring relations between the two countries....
US beef production challenges: past, present and future
The beef and cattle market has been hit hard with production cost increases, on top of drought conditions that have increased feed costs, writes Timothy Wier for The Cattle Site. ...
Australian farmers respond to government commitment to net zero carbon emissions
Australia's National Farmers Federation (NFF) welcomes the government's strategy for delivering net zero carbon emissions....
26 October 2021
UK's new Trade and Agriculture Commission hopes to boost farm exports
UK ministers are building on the recommendations made by the first Agriculture Mission, takings steps to safeguard animal welfare and address antimicrobial resistance in trade agreements. ...
25 October 2021
What will the UK-NZ trade deal mean for the UK beef and dairy sector?
The UK and New Zealand recently announced an "agreement in principle" for a future trade deal, but UK cattle farmers fear that they could be undercut by food imports....
20 October 2021
CIPD urges UK to provide more temporary visas to EU workers as “safety valve”
The Chartered Institute of Personnel and Development (CIPD), a human resources trade body, says that the UK should temporarily allow more young people from the EU to participate in its labor markets to fix staffing shortages....
MLA: red meat industry's state of play
The Australian red meat industry demonstrated its strength and resilience in 2020. ...
US farm assistance hopes to reach historically underserved communities
The USDA is investing $4.7 million in 56 different organizations as it shores up its outreach and technical assistance to farmers and ranchers who have been historically underserved. ...
19 October 2021
Major UK food systems report reveals lack of trust in global food
The UK recently published its first ever "Trust in Food" index, launched by farming standards agency Red Tractor and pollster YouGov, capturing the UK public's attitudes to food and drink. ...
US farmer sentiment declines in September while inflation worries rise
Perdue University's Ag Economy Barometer shows US lower farmer sentiment for September 2021, recording its weakest reading since July 2020....
Opinion - "despite its commitment to gender equality, not enough has been done to mainstream gender across the EU’s policy making"
Lotte Folkesson, Chairwoman of Copa and Cogeca's women's committee celebrated, Rural Women's Day on 15 October and is calling on the European agriculture community to celebrate the role women play in sustainable farming....
18 October 2021
USDA unveils new online tool to help drought-stricken ranches estimate compensation costs
An online tool is now available to help ranchers document and estimate payments to cover feed transportation costs and water hauling expenses caused by drought, which are now covered by the Emergency Assistance for Livestock, Honeybees and Farm-raised...
New research shows that sustainable food is gaining more traction with consumers
The latest report from the Dutch Agrifood Monitor indicates that environmental and social sustainability will become more important for consumers. ...
"No checks on imports from the continent has handed the EU a nice Brexit dividend", says BMPA
The latest opinion piece from the British Meat Processors Association (BMPA) notes postponing import checks from the EU leaves UK meat exporters at a significant disadvantage....
16 October 2021
How can we ensure that everyone has enough healthy food?
Researchers at Wageningen University are identifying ways for the global community to ensure that everyone has sufficient and healthy food in every corner of the world. ...
15 October 2021
Weekly beef and dairy digest: China continues to drive global meat consumption as global beef production expands
China's appetite for beef keeps the industry on track, and the USDA publishes its analysis of Spain's cattle sector. ...
What are the next steps in the US ag trade agenda?
American Farm Bureau Federation President Zippy Duvall gives his take on the Biden Administration's approach to international trade and what it means for the US farm sector....
"We can’t afford to get this wrong," Aussie farmers say about climate goals
The bright and prosperous future of farmers and regional Australians depends on the Government getting its climate change commitments right, says Australia's National Farmers Federation (NFF). ...
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