Crackdowns on unlicensed abattoirs (slaughterhouses) that had been slaughtering cattle have caused a widespread shortage of meat in several Indian states. Consumer reaction will likely drive up soymeal demand, impacting export capacity. Indian Soymeal Demand May Get Boost from Crackdown on Beef Slaughter Crackdowns on unlicensed abattoirs (slaughterhouses) that had been slaughtering cattle have caused a widespread shortage of meat in several Indian states. They began in the state of Utter Pradesh where a conservative Hindu, Yogi Adityanath, was appointed chief minister by Indian Prime Minister Modi after his party won a landslide election there. Devout Hindus worship cattle and are opposed to the slaughter and consumption of beef. Authori...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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