Russian beef from cattle under 30 months permitted China’s customs office will allow the import of some beef and beef by-products from Russia with immediate effect, Reuters reported, citing a notice on its official WeChat media account on Thursday. It will allow imports of Russian beef from cattle under 30 months...
China has vowed to retaliate against steep tariffs imposed by US US farmers have asked policymakers not to involve food in a trade war with China, the American Soybean Association told Reuters on Friday, amid growing concerns that tensions between the two nations will dent already faltering agriculture trade, Reuters...
Hogs rise on strong pork exports Chicago Mercantile Exchange (CME) live cattle futures ended mixed on Friday as wholesale beef price firmed and packer margins improved, but traders remain concerned that cash market values may be near a seasonal peak, Reuters reported, citing analysts. The spread of bird flu in dairy...
Prices up 0.9% from its revised April level The United Nations world food price index rose for a third consecutive month in May, as higher cereals and dairy product prices outweighed drops in prices for sugar and vegetable oils, reported Reuters. The UN Food and Agriculture Organization’s price index, which...
Hog futures gain on a technical bounce Live cattle and feeder cattle futures closed mostly lower at the Chicago Mercantile Exchange (CME) on Thursday as slow sales of beef products such as hamburgers and steak weighed on prices, Reuters reported, citing Altin Kalo, an economist at Steiner Group. “Cash (cattle) prices...
The outlook for EU compound feed production in 2024 presents a mixed picture, reflecting varying trends across livestock sectors and influenced by economic, regulatory, and environmental factors, according to a recent press release from FEFAC. The main market drivers for 2024 include economic uncertainty, regulatory changes, and ongoing environmental and...
Farmers protesting unfair competition from outside the EU Spanish and French farmers blocked roads along the border through the Pyrenees mountains on Monday ahead of European Parliament elections to protest against what they say is unfair competition from outside the European Union, reported Reuters. Earlier this year, farmers obstructed roads for weeks...
Farmers from Netherlands, Belgium, Poland and Germany protesting Farmers drove hundreds of tractors into Brussels on Tuesday to protest against the European Union’s environmental policies, but the action was shunned by mainstream farming groups who said it did not reflect their members’ concerns, reported Reuters. A few days before the...
Trades in the Brazil’s fed cattle domestic market continued to move at a slow pace in late May, according to a recent market report from Cepea. Prices, in turn, remained decreasing in most regions surveyed by Cepea. Some farmers were more flexible regarding values. Between April 30 and May 31, the CEPEA/B3...
U.S. nears deal to fund Moderna’s H5N1 vaccine trial The U.S. government is nearing an agreement to fund a late-stage trial of Moderna’s mRNA H5N1 vaccine, the Financial Timesreported, as the outbreak spreads. Federal funding from the Biomedical Advanced Research and Development Authority (BARDA) could come as soon as next...