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Cattle Industry News By Category: Processing

10 December 2020
UK meat companies raise concerns about customs certifications ahead of Brexit deadline
The UK's largest meat companies have penned a letter to cabinet officials saying that they fear a drop in exports due to costly and cumbersome customs certification once the UK leaves the EU. ...
09 December 2020
CME update: live cattle futures sink on lower cash prices and decreasing beef values
US live cattle futures fell for a fourth straight session on 8 December as cash cattle traded lower at the southern US Plains feedlot markets....
08 December 2020
CME update: cattle futures fall as pandemic accelerates across the US
US cattle futures fell on 7 December as cash beef prices weakened and increased COVID-19 infections sparked concerns about demand for meat....
07 December 2020
CME update: cattle futures step back as demand outlook becomes cloudy
Three days of soft wholesale beef prices brought retail demand for beef into question, making live cattle futures fall....
03 December 2020
UK Government considers ending live animal exports for slaughter
Environment Secretary George Eustice unveils plans to end excessively long journeys for animals exported for slaughter and fattening....
CME update: cattle futures make further gains on strong cash trade
US live cattle futures gained on 2 December, finding support in a firming cash cattle market as traders weighed consumer demand prospects....
02 December 2020
New study outlines the link between Brazilian beef exports and deforestation
Researchers have outlined the link between Brazil's beef industry and deforestation by examining slaughterhouse export licenses, customs records, and slaughterhouse cattle origins for more than 3,000 companies who handl Brazil’s beef trade....
CME update: live cattle futures strengthen alongside beef demand
US live cattle futures rose on 1 December, supported by strengthening US consumer demand and high wholesale beef prices....
01 December 2020
CME update: cattle futures slip as exports weaken
US live cattle futures lost ground on 30 November as traders weighed weak beef exports against increasing beef production and climbing boxed beef prices....
Coronavirus continues to roil UK meat supply chain
The COVID-19 pandemic can still disrupt abattoirs at short notice, illustrating the continued influence the disease has on the red meat supply chain. ...
30 November 2020
CME update: live cattle futures lose ground as exports appear weak
US live cattle futures trimmed on 27 November on profit-taking during a shortened holiday-trading day....
26 November 2020
CME update: live cattle futures climb as cash markets and beef demand become more optimistic
US live cattle futures rose on 25 November for a fourth straight session, climbing ahead of the US Thanksgiving holiday on 26 November....
25 November 2020
CME update: cattle futures inch up alongside beef prices
Cattle futures closed higher on 24 November for a third straight session, lifted by surging wholesale beef prices and optimism surrounding the COVID-19 vaccine....
24 November 2020
CME update: live cattle futures rise 2 percent on feedlot data and beef prices
US cattle futures closed higher on 23 November, bolstered by a supportive monthly cattle-on-feed report issued on 20 November....
BMPA urges UK government to prioritise meat plant workers as early recipients of COVID-19 vaccine
News of a new COVID-19 vaccine immediately raises the question of how best to allocate the first batches of doses when they become available....
23 November 2020
CME update: cattle futures rebound on technical, short-covering after a steep drop
US cattle futures rebounded on 20 November from steep losses in the 19 November session in an end-of-week short-covering and technical bounce....
20 November 2020
CME update: cattle futures tumble as surge in coronavirus sparks demand worries
US cattle futures plummeted on 19 November on worries about demand for beef as soaring COVID-19 infections across the country threatened more restaurant and food service closures and forced more Americans to shelter at home....
Virtual tool launched by QMS to help farmers ‘Meat the Grade’
Livestock farmers will now have access to a free online tool which will help them to boost their bottom line by improving livestock selection and management for slaughter. ...
18 November 2020
CME update: cattle futures rise on firm cash market and higher beef prices
US live cattle futures rose for a second straight session on 17 November, lifted by higher cash beef prices and signs that cash cattle at feedlot auctions would trade at steady to higher prices this week....
17 November 2020
CME update: cattle futures bounce back as Wall Street rallies, but worries remain
US cattle futures ended mostly higher on 16 November on spill-over support from soaring equities markets....
Tyson beats profit estimates and sees lower COVID-19 costs for 2021
Tyson Foods beat Wall Street’s estimates for its fourth-quarter profit on 16 November, but faces rising costs for animal feed and increasing uncertainty over labour as COVID-19 cases surge in the US....
England updates rules for seasonal farm workers
Seasonal workers arriving in England to carry out essential work on farms ahead of the Christmas season are now able to begin working as soon as they arrive in the country. ...
16 November 2020
New COVID-19 controls in China could put frozen food importers on ice
Though the WHO and USDA say that the risk of catching COVID-19 from frozen food is low, China has repeatedly sounded alarms after detecting the virus on product packaging....
Major meat companies need to address environmental negligence claims before it harms the bottom line
Consultancy firm GlobalData says that JBS, BRF and other meat manufacturers need to address environmental negligence claims before retailers cut ties altogether. ...
13 November 2020
JBS eyes further expansion after strong third-quarter profits
Brazil’s JBS SA reiterated its plans to grow production capacity in Brazil and the US after posting robust third-quarter results....
12 November 2020
CME update: live cattle futures rise on boxed beef strength
US live cattle futures gained ground on 11 November as strength in the cash market and firm beef cut-out prices offered on-going support....
JBS posts higher than expected quarterly profit, defying estimates
Brazilian meat packing giant JBS SA reported a near nine-times increase in third-quarter net profit, beating market expectations....
US meat company fights state order to close after coronavirus outbreak
A US meat company that supplies Walmart and Costco is suing the state of New Mexico to fight an order that seeks to close a production facility where more than 100 workers have tested positive for COVID-19....
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