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Cattle Industry News By Category: Economics

14 October 2021
New study suggests that the EU Green deal could have uncertain impacts on farm net income
A qualitative assessment carried out by Wageningen University Research (WUR) has found that the European Green Deal and Farm-to-Fork strategies have diverse and uncertain impacts on farm income. ...
US WASDE report predicts higher beef output and lower dairy production in final quarter
The World Ag Supply and Demand Estimates (WASDE) forecast for 2021 has beef production rising as slaughter numbers slow...
EU to propose easing checks on British trade to Northern Ireland
The European Commission will put to Britain a package of measures to ease the transit of goods to Northern Ireland, while stopping short of the overhaul London is demanding of post-Brexit trading rules for the province....
"It's time to listen to the data on the Farm-to-Fork strategy," say EU farm groups
Farming groups across the European Union have signed a joint declaration saying that the European Commission must acknowledge the significant trade-offs in the Farm-to-Fork strategy. ...
13 October 2021
China’s meat imports fall 17% from September 2020
China’s meat imports in September fell sharply from a year ago to their lowest in 19 months, customs data showed on 13 October....
Consumer prices remain the biggest obstacle for transition to sustainable agriculture
New research from the Netherlands Authority for Consumers and Markets shows that the price premium on sustainably-produced goods remains the biggest challenge in transitioning to sustainable agriculture. ...
12 October 2021
"Farmers want Kyoto ledger squared," says Australia's NFF
National Farmers Federation President Fiona Simson says while Australian farmers continue to lead the world in improved sustainability and emissions reduction it is time to address the inequities of the past....
A closer look at the EU's reforms to the Common Agricultural Policy
New policy analysis from AHDB looks at how the CAP is changing and how it compares with the UK's agriculture strategy....
UK reaches agreement with CO2 industry to ensure supplies
The carbon dioxide industry in Britain has struck an agreement to ensure businesses have a sustainable supply until the end of the year, even as energy prices spike, the government said on 11 October....
11 October 2021
Ireland and UK trade barbs on Twitter over Brexit border checks
Britain and Ireland argued on Twitter on 10 October after British Brexit negotiator David Frost restated his view that the EU must agree “significant change” to the Northern Ireland protocol that governs trade and border rules in the province....
EU farmers remain concerned over Farm-to-Fork policy
EU farming union Copa and Cogeca says that the EU is deliberately delaying the publication of a technical report from the Joint Research Council on the Farm-to-Fork strategy and side-lining farmers in policy discussions....
09 October 2021
Opinion - Like butchers, UK government pragmatism is in short supply
The British Meat Processors Association (BMPA) writes that the UK's supply chain woes and labor crisis cannot be addressed with existing government strategy....
08 October 2021
Why grazing and grass make economic sense
The case for making milk and meat from grass could scarcely be stronger, according to dairy consultant, Tony Evans, from Andersons Farm Business Consultancy....
Weekly beef and dairy digest: US cattle market goes under the microscope
US Congress reviews recent disruptions in the cattle market as global food prices reach 10-year high. ...
US Congress Democrats target palm oil, beef trade in deforestation bill
Democrats in the US Congress are set to unveil legislation to reduce illegal deforestation globally by restricting the trade of certain agricultural commodities, such as palm oil and cattle, produced with those methods....
US invests over $146 million in sustainable ag research
USDA Secretary Tom Vilsack has announced an investment of more than $146 million in sustainable agriculture research projects that will make the American farm and food system more resilient to climate challenges....
07 October 2021
USMEF: August beef exports top $1 billion; pork exports remain on record pace
U.S. beef exports soared to another new value record in August, topping the $1 billion mark for the first time, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). ...
UK labor crisis sours the dairy sector
Some British dairy farmers have been forced to destroy tens of thousands of litres of milk due to rising costs, labour shortages and an acute deficit of truck drivers which has strained supply chains to breaking point, farmers said....
Danish farmers required to halve greenhouse gas emissions by 2030
Denmark's agricultural and forestry sector must reduce greenhouse gas emissions by 55% and 65% by 2030 compared with 1990 levels, a majority in parliament agreed....
06 October 2021
New Zealand’s a2 Milk faces lawsuit over misleading forecasts
a2 Milk Co Ltd said on Wednesday 6 October that Australian law firm Slater and Gordon has filed a class action lawsuit against the dairy firm on behalf of investors that alleges that a2 issued misleading production forecasts....
UK farmers call for urgent review of government's Future Farming program
The UK National Farmers Union (NFU) is calling for a review of Defra's future farming program for England as recent labor and supply chain shocks make reductions in the Basic Payment Scheme (BPS) more daunting....
USDA makes moves to expand meat industry capacity
Secretary Tom Vilsack has earmarked $100 million from the American Rescue Plan to establish loan guarantees to create more competition in the meat supply chain....
04 October 2021
Australian farmers welcome dedicated ag-worker visa
Australia's National Farmers Federation is celebrating the Governor General signing legislation that creates a dedicated agriculture visa....
01 October 2021
US trade chief Katharine Tai to unveil Biden's China trade strategy on 4 October
US Trade Representative (USTR) Katherine Tai will unveil the Biden administration's long-awaited strategy for the troubled US-China trade relationship in a speech on Monday at a Washington think tank, her office said....
China gorges on American grain-fed beef amid shrinking supplies from Australia
As Australian beef exports to China wither amid diplomatic tensions, demand there for US grain-fed beef has soared, fuelled by the appetites of a growing Chinese middle class....
China's farmers face more pain as power crunch drives up feed costs
China's huge livestock sector is facing a hike in feed costs as the country's worst power outages in years forces soybean crushing plants to close, diving down supplies and sending prices higher, analysts and industry participants said....
30 September 2021
UK government will not issue any additional visas for agri-food sector
The UK will not introduce any new visa schemes for agriculture and food businesses that are facing acute staff shortages, say government sources....
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