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Cattle Industry News By Category: Economics

06 March 2021
New web series from UK's AHDB explores the realities of post-Brexit trade
AHDB is hosting a series of digital events during March looking at what leaving the EU has meant in practice for the UK's agricultural and horticultural sectors....
05 March 2021
Weekly beef and dairy digest: US meat industry moves to vaccinate workers against COVID-19
The US is considering updates to its abattoir infrastructure, and global food prices increase for the ninth consecutive month. ...
FAO’s world food price index rises in February for ninth consecutive month
World food prices have been rising for nine months straight, with February’s index hitting the highest level since July 2014....
UK meat and dairy sector shows continued growth in January 2021
Data from UK retailers for January 2021 shows increases in overall sales of red meat and dairy compared to the same period last year. ...
US takes action to address food insecurity amid the COVID-19 crisis
The Biden-Harris administration is taking action to increase support for families struggling to put food on the table....
04 March 2021
Indigenous groups in the Amazon sue retailer Casino over rainforest destruction
Indigenous people from Brazil and Colombia have sued retailer Casino in a French court on 3 March over the selling of beef linked to land grabbing and deforestation in the Amazon....
Ireland may need 140 extra vets to certify beef exports to UK
Ireland’s Department of Agriculture estimates that an additional 130 to 140 vets are needed to handle the extra herd health certificates on beef exports to the United Kingdom from 1 April....
Australia's NFF says that farmgate output of $100 billion by 2030 is possible
As the Australian government forecasts the best year on record for the agriculture sector, the National Farmers Federation says that farmgate output could rise to $100 billion by 2030....
03 March 2021
American Farm Bureau voices support for cattle market transparency
The American Farm Bureau Federation (AFB) is calling on lawmakers to require increased transparency in US cattle markets. ...
UK farming and animal welfare organisations react to Trade and Agriculture Commission report
The Trade and Agriculture Commission has issued an interim report as UK agriculture begins its post-Brexit restructuring....
02 March 2021
CME update: live cattle futures hit five-week low on technical selling and weak beef prices
Technical selling on 1 March drove CME live cattle futures to their lowest prices in more than five weeks....
Canada's annual farm income on track for record year
Agriculture continues to be a strong driver of Canada’s economy, with farmers playing a key role in ensuring Canadians have access to affordable, high-quality food....
Weak US dollar benefits some farm commodities, but not all
Fluctuating currency values can boost export opportunities for many agricultural commodities, but they can create headwinds for others - new CoBank report. ...
UK ranks sixth in the world for food security - new report
The 2020 Global Food Security Index (GFSI) has found that the UK ranked sixth out of 113 countries in food security and the overall strength of its food system....
01 March 2021
Chinese investment in Australia plummets amid tensions
Chinese investment in Australia fell by 61% in 2020 to the lowest level recorded by the Australian National University in six years, coinciding with a worsening diplomatic dispute....
EuroTier 2021: Strong future ahead for Russian dairy industry
FOREIGN investors looking for good returns on their capital should look closely at the Russian dairy industry as the future holds very strong growth potential there, writes Chris McCullough with live coverage from EuroTier 2021....
27 February 2021
What impact does the Brexit trade agreement have on Agriculture?
Analysis from Bidwell's Environment Partner Ian Ashbridge outlines the impact that the UK's Free Trade Agreement with the EU has on agriculture. ...
26 February 2021
Weekly beef and dairy digest: US beef exports slip and dairy volumes falter
The US beef and dairy industry begins to regain its footing after devastating winter storms last week. ...
22 February 2021
China redoubles focus on food security in newly released policy document
China will put greater pressure on its regions to boost grain yields and step-up support for its domestic seed industry as it strengthens its focus on food security after the COVID-19 pandemic, a major policy document issued late Sunday showed....
USDA Ag Outlook Forum: US dairy industry still facing uncertainties
The US dairy sector entered 2021 still in flux following the unprecedented disruptions brought about by COVID-19 in 2020, USDA said Friday in its closely watched annual Ag Outlook Forum. ...
20 February 2021
USDA updates its COVID-19 strategy
The USDA has deployed 127 disaster, public health specialists to assist with federal COVID-19 response. ...
19 February 2021
Weekly beef and dairy digest: CEOs warn of food inflation as crop prices rise
As the US embarks on its economic recovery from COVID-19, food companies warn that skyrocketing grain prices could inflate food prices for consumers. ...
18 February 2021
CME update: cattle futures sag as US cold snap stalls slaughter operations
US cattle futures dropped on 17 February as wintry weather and power outages hampered meat-packing operations, slowing the pace of slaughter and reducing demand for market-ready animals....
“Brexit” companies continue to shift to the Netherlands as uncertainty persists
A flow of businesses moving to the Netherlands because of Brexit remained strong in 2020, even though foreign investment fell by a quarter as the COVID-19 pandemic hit....
Biden Administration extends foreclosure moratorium and mortgage forbearance
The USDA has extended the evictions and foreclosure moratorium to 30 June 2021 and issues additional guidance for servicing loans impacted by COVID-19, bringing relief to rural residents....
17 February 2021
Canada receives hundreds of applications for Food Waste Reduction Challenge
Canada's Agriculture Ministry welcomes the "big and diverse" turnout of Food Waste Reduction Challenge applications, saying that the applicants' innovations are ready to tackle the issue. ...
Lawsuits likely in Mexico over proposed corn import, glyphosate bans
The Mexican government's plan to stop importing genetically modified (GMO) corn as well as the widely-used herbicide glyphosate will likely face legal challenges this month to reverse the proposal, according to the new head of Mexico's top farm lobby....
16 February 2021
US dairy exports volume sets all-time high mark in 2020
Despite significant disruptions in trade throughout 2020, the United States exported nearly 2.4 million metric tons of dairy goods last year–a record-setting mark, according to data released today by USDA’s Foreign Agricultural Service (FAS). ...
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