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Cattle Industry News By Category: Processing

31 March 2020
JBS cuts production at US facility as precaution
JBS will reduce beef production for two weeks at a Pennsylvania plant after managers displayed flu-like symptoms. ...
CME update: cattle futures ease on concerns of slaughterhouse closures
US cattle futures weakened on 30 March as concerns mounted over slaughterhouses closures due to coronavirus....
US Senators question meat packers’ surging profits during COVID-19
US Senators are calling for investigations of beef processors’ record profit margins after market shake up....
27 March 2020
Despite steady trade flows, JBS anticipates a drop in exports as coronavirus worsens
Meat packing giant JBS has said that the current pandemic could lead to container shortages, port disruptions and other logistical challenges....
US cattle futures tumble as panic buying slows
CME traders report that the daily limit falls signal that consumers are no longer stockpiling meat....
26 March 2020
CME update: cattle futures end mostly lower, signalling an end to the surge
Benchmark June live cattle futures on the Chicago Mercantile Exchange closed lower on 25 March for the first time in five sessions....
JBS quarterly net income skyrockets by over 300 percent
Meat packing giant JBS SA reports quarterly net profit of 332 percent over the prior-year period, citing surging sales to China....
24 March 2020
As coronavirus bolsters meat demand, processors approve pay raise for North American farmers and workers
On 23 March, North American meat processors agreed to pay extra money to farmers and slaughterhouse workers as companies struggle to meet surging demand from consumers who are stockpiling meat....
23 March 2020
Increasing UK milk price gap indicates a broken market
The widening gap between the highest and lowest milk prices was highlighted as competing brands announce opposing price points....
20 March 2020
Fonterra reports interim results, prioritises NZ milk and focuses on farmer owners
NEW ZEALAND - Fonterra Co-operative Group Limited this week announced its 2020 Interim Results, which show the Co-operative’s financial performance has improved with increased underlying earnings and reduced debt....
FrieslandCampina joins forces to reduce emission from cows
NETHERLANDS - From cow feed to chocolate, the chain of companies in that process want to reduce greenhouse gases. Chocolate and cocoa products manufacturer Barry Callebaut and dairy company FrieslandCampina both strive to be carbon neutral and team up...
Farming priority must be to keep industry operating, good moving, says IFA
IRELAND - IFA President Tim Cullinan said that farmers and everybody involved in the sector needs to fully observe all HSE protocols and do everything they can to minimise risk, so processors, co-op stores and marts can be kept operating....
Cattle futures rebound as grocery demand intensifies
US livestock futures rose on Thursday as part of a broad recovery in the agriculture markets stemming from oil gains and export hopes....
19 March 2020
“Misled” shareholders of Brazil’s JBS seek over $270 million in damages
A group of shareholders in JBS SA began arbitration proceedings against the company, stating they were misled after the company’s IPE in Brazil back in 2007....
18 March 2020
Brazilian meatpacker Minerva SA suspends production at four facilities in response to coronavirus outbreak
Minerva SA will place workers on paid leave at four processing plants in Brazil....
17 March 2020
US under pressure to keep slaughterhouses open amid pandemic
The USDA hopes to reassure meat producers that it will keep slaughterhouses staffed with federal inspectors as fears of potential shutdowns due to the novel coronavirus mount....
16 March 2020
Belarus, Russia to develop new equipment for dairy industry
BELARUS - Belarus and Russia intend to develop automated and robotized technological processes and equipment to manufacture dairy products, BelTA learned from the press service of the Belarusian Agriculture and Food Ministry following a joint meeting...
13 March 2020
Belarus ready to supply meat, dairy products to Mozambique
BELARUS - Belarusian companies are ready to supply meat and dairy products, as well as other farm produce to Mozambique....
Arla prioritises business continuity, health & safety of employees amidst COVID-19 spread
DENMARK - On 11 March, the Danish Government announced special measures to limit the spread of COVID-19. The measures focus predominantly on the closure of a range of public institutions, instructions for many public sector workers to work from home and...
12 March 2020
Beef farmers criticise calls to slash red meat, dairy Intake
UK - According to a report released by the government-funded research group Energy Systems Catapult, the only way the UK can reach its net zero target by 2050 is by cutting down on consumption of red meat....
11 March 2020
Beefing up efficiency
There is "considerable opportunity" to improve the efficiency of the beef sector in Scotland, according to new research published by Scotland’s Rural College....
10 March 2020
First Milk announces April milk price hold
UK - First Milk has announced that its milk price from 1 April 2020 will be held at the current level....
Tunisian dairy company confirms Kenitra cheese factory plans
MOROCCO - Morocco’s Minister of Industry, Moulay Hafid Elalamy, signed an investment contract laste last week with the president of Tunisian dairy firm Land’Or, Hatem Denguizli, to open a plant in Kenitra....
09 March 2020
Arla introduces new brand, plant-based products
UK - The farmer owned dairy cooperative Arla Foods enters plant-based drinks sector to offer oat-based options made only from natural ingredients....
06 March 2020
Union calls for govt to drop tariff proposals
SCOTLAND, UK - NFU Scotland submitted its response to the UK Government’s consultation on the future of UK tariffs yesterday (Thursday, 5 March), in which it reinforced the message that any compromise on standards for products being imported would have...
04 March 2020
EDS seeks funding for HC case on Mackenzie Country dairy conversion
NEW ZEALAND - The Environmental Defence Society (EDS) is fighting a High Court appeal by Simons Pass Station Ltd regarding the consenting pathway for further expansion of intensive dairying in the Mackenzie Country....
02 March 2020
NZ trade ministry allays India’s dairy import fears
INDIA - New Zealand has said there is no prospect of New Zealand flooding the Indian market with or without a trade agreement, seeking to allay New Delhi’s fears on dairy imports....
Dairy Board to launch revised milk laws; processors step up milk tests to cut antibiotic residues
KENYA - Exactly one year after the controversial draft dairy regulations were rejected by milk producers, the Kenya Dairy Board (KDB) will undertake a fresh public participation across the country to convince producers to support the new rules....
 
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