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Presume for a moment that all of this optimism turns out to be wrong and market performance does not deliver as analysts forecast. How will this affect your business going forward?
Auction markets across the country saw some sizzling prices last week as demand was called moderate to good for all weights of steers and heifers.
For Texas livestock owners, the registration of brands, earmarks, tattoos and other forms of animal identification expire every ten years at the end of August.
USDA is out with its new ag export forecast for both this year and next, and it’s showing exports could hit $173.5 billion in 2021, $4 billion more than 2020, due to higher livestock, poultry and dairy exports.
China’s pork production is expected to decline 14% in 2022, while pork imports are expected to climb 5.1 MT with consumer demand exceeding domestic production, according to a USDA attaché report released last week.
Ongoing tensions between Australia and China have opened the door for increased shipments of beef and other commodities to China.