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Monday, March 30, 2020
China imports additional Brazilian beef in March
Industry sources said China, the biggest purchaser of Brazilian beef, is buying more after low purchase numbers in January and February 2020 because of COVID-19, reported Reuters.
Friday, March 27, 2020
US beef prices hike as cattle futures soar
On 23 March, US live cattle futures rose to their daily limit as strong packer margins, thereby increasing wholesale beef prices and expectations of higher cash cattle prices emerge this week.
Friday, March 27, 2020
Alabama cattlemen group face concern on beef supply chain flow
The Alabama Cattlemen's Association is concerned in keeping the beef supply chain flowing and making sure that shelves continue to be restocked with beef.
Wednesday, March 25, 2020
US meat group expands access for US pork, beef in China
Among the provisions negotiated in the US-China "Phase One" trade deal, the USDA Food Safety and Inspection Service (FSIS) has included expanded access for US beef and pork in its Export Library for China.
Tuesday, March 24, 2020
McDonald's closure to have huge blow on beef sector
The decision by fast food outlet McDonald's, the biggest buyer of Irish beef, to close all its Irish restaurants will have a big impact on an already struggling beef industry.
Friday, March 20, 2020
Canada maintains beef production amid COVID-19 pandemic
JBS Canada said it is running at full capacity, while the Canadian Cattlemen's Association (CCA) is ensuring beef production is sustained through discussions with the federal government, reported CTV News Canada.
Friday, March 20, 2020
China's beef imports soars as US beef producers await trade deal
The Office of the US Trade Representative (USTR) announced in mid-December that the US and China reached a "Phase One" trade deal that could significantly improve access for US beef in the latter.
Friday, March 20, 2020
Canada's beef production remains top priority amid pandemic
Beef production in Alberta, Canada is running at 100% capacity at some facilities.
Thursday, March 19, 2020
Brazil beef company JBS shareholders seek US$271 million in damages
Arbitration proceedings have begun against JBS over claims the company misled shareholders after its initial public offering (IPO) in Brazil in 2017, reported Reuters.
Tuesday, March 17, 2020
US pork, beef exports rise higher in 2020
Following a record-breaking performance in 2019, US pork and beef exports maintained a torrid pace in January, according to data released by USDA and compiled by the US Meat Export Federation.
Friday, March 13, 2020
China draws up food safety standards on beef growth hormones
The proposed standards to limit growth hormone residues in beef could be a sign that China will open its market to US beef imports, reported Reuters.
Friday, March 13, 2020
UK Defra reported high UK beef production in February 2020
The UK Department for Environment, Food and Rural Affairs (Defra) said UK beef production hit 74,900 tonnes last month, 1.5% higher than in 2019, reported the UK Agriculture and Horticulture Development Board (AHDB).
Friday, March 13, 2020
British beef exports inch closer to US market
British beef could soon be shipping to the US after government officials agreed to UK standards for an export deal worth GBP66 million over the first five years.
Friday, March 13, 2020
US beef prices seen to plummet due to coronavirus
Officially reaching pandemic levels, the social and economic consequences of COVID-19 is piling up including a possible drop in beef prices.
Tuesday, March 10, 2020
UK beef set to be exported to the US
The United States has approved the United Kingdom's disease control standards, meaning UK beef can be exported to the US following final administrative work, reported the Agriculture and Horticulture Development Board (AHDB).
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