USDA reports are not an exact science of data collection and should not be treated as such. We have to take the information from all reports, reported and/or surveyed, and use it accordingly in our analysis.
It is disconcerting to watch as a few become disruptive at a time when the beef industry is realizing very positive progress in moving to satisfy the most important aspect of any business – the customer.
Congress passed the Wild Horse and Burro Act in 1971, and the law and its stated objectives led to controversy that is as heated today as it was a half century ago.
USDA's first estimate of the annual calf crop, released in its mid-year inventory report, may be the most important survey number for cattle producers, says John Nalivka.
Market fundamentals are dynamic and how these fundamentals affect different people in the supply chain and their reaction is the foundation of market analysis.
A U.S. District judge issued a 28-day temporary restraining order that will stop Steven and Dwight Hammond from using their federal grazing permit near their ranch in Diamond, Oregon.
Beef demand is supported by strong U.S. export sales and U.S. consumer purchasing has been well balanced with beef supplies as we head into the 2nd quarter.
While the release of USDA reports ceased for a month it does not spell disaster and certainly, the markets continue to roll along in pretty good shape.