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Market News:
Latest Cattle Industry News:
US - The Canadian "Cattle on Feed" report was released last week, covering the month of March, reports Steiner Consulting Group, DLR Division, Inc.
AUSTRALIA - AgForce has welcomed the $1.5 million funding promise from the Federal Labor Party for the Beef Central Queensland Livestock Centre of Excellence, a producer-led research programme co-developed with Central Queensland University and the Department of Agriculture and Fisheries.
CZECH REPUBLIC - The Czech Republic is becoming less competitive in livestock production and increasingly dependent on imports of livestock and meat and dairy products from abroad despite the growing amount of state support channelled into this sphere, the Supreme Audit Office said in a report released on Monday.
KENYA - Farmers contracted to supply milk to Fresh Dairy have benefitted from a benchmarking visit to Kenya where they learned ways of growing milk production through investing in animal feed preparation and conservation.
NEW ZEALAND - A South Island mayor is questioning why ratepayers and taxpayers are footing the bill to clean up industrial waste.
CHINA & JAPAN - China and Japan have reached a substantial consensus on an animal health quarantine agreement, which is one of the conditions for lifting a ban on China's imports of Japanese beef, news site kyodonews.net reported on Monday.
NETHERLANDS - FrieslandCampina has risen from fourth to third place in the prestigious reputation ranking of the Reputation Institute, a leading international research platform. Philips ranked first for the twelfth time in a row, followed by ASML. Heineken dropped two places to the fourth position.
IRELAND - Speaking at a large IFA meeting of cattle farmers in Portlaoise last night, IFA National Livestock Chairman Angus Woods said beef farmers have been savaged financially over the last year by Brexit related price cuts.
US - According to Steiner Consulting Group, DLR Division, Inc., beef and pork retail feature activity so far this year has been lower than the previous year, at least based on the data tracked and reported by USDA.
OMAN - Mazoon Dairy Company, the flagship dairy project in Oman, which recently unveiled its brand identity, is planning to launch a number of milk-based products in the sultanate during upcoming Ramadan.
KENYA - Processors have reduced the prices of raw milk despite a high demand for the commodity, which is in short supply because of the prolonged drought, leaving farmers angry and analysts puzzled.
JAPAN - Japan and China agreed during their high-level economic dialogue Sunday on steps that could pave the way for the lifting of a prolonged ban on Japanese beef by Beijing, in the latest sign of a recent improvement in ties between the Asian powers.
IRELAND - Speaking on Friday (12 April), IFA’s Dairy Chairman Tom Phelan said the decision by Glanbia and Lakeland to cut their respective milk price was a big blow for farmers.
US - Last week, USDA released the much anticipated results of the 2017 Census of Agriculture. The census is conducted every five years and it is the most comprehensive accounting of US agriculture, according to Steiner Consulting Group, DLR Division, Inc.
INDIA - Shares of Prabhat Dairy jumped 5 per cent in Friday's session after it said it successfully completed the sale of its subsidiary Sunfresh Agro Industries.
MALAYSIA - Etika Holdings will initiate commercial processing of fresh milk with a foreign direct investment (FDI) of more than RM100mil in a move to drive the dairy industry.
PAKISTAN - The Sindh government has rejected the new offer of the dairy farmers’ association to sell milk at Rs116 per litre.
SOUTH KOREA - Positioning US beef to capitalise on rapidly growing demand for convenience foods in South Korea, USMEF partnered with the country’s second-largest retailer to launch a pair of home meal replacement (HMR) kits that feature chop steak and short plate as centerpieces.
SOUTH AFRICA - The vital work carried out by the Society for the Prevention of Cruelty to Animals (SPCA) in rural areas has been highlighted by the Inkatha Freedom Party.
PAKISTAN - Dairy farmers in Karachi announced the milk price hiked by Rs23 per litre on Wednesday.
US - Latin America is a rapidly growing region for US pork and beef exports but labeling, documentation and other technical issues still present significant obstacles in some individual markets.
IRELAND - Launching the IFA Manifesto for the European Parliament & Local Government Elections in Dublin, IFA President Joe Healy said those elected as MEPs for Ireland next month will have some far-reaching decisions to make about the future of Irish agriculture.
US - Cattle are a mainstay for many smallholders but their farms are often on degraded lands, which increases cattle's impact on the environment and lowers their production of milk and meat.
GLOBAL - Humans' love for meat could be hurting the planet. Many of the steps involved in the meat supply chain result in greenhouse gas emissions.
US - The latest USDA WASDE report offered updated supply/demand projections for grain, livestock and dairy commodities in 2019. The report was viewed as somewhat bearish for grains, especially corn, according to Steiner Consulting Group, DLR Division, Inc.

 

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