Trade talk is a big issue for everyone here at the convention and the focus isn’t just on China. For another year, the priority remains the same, the cattle industry vocal they want a free trade deal with Japan.
AgDay national reporter Betsy Jibben talked with buyers and sellers at a feeder cattle auction in Northern Indiana. She traveled to Shipshewana, Indiana.
The dangerous cold temperatures that blanketed the Midwest this week also impacted meat processors and grain elevator operations, as companies worked to protect employees.
The U.S. will see a shift away from El Niño conditions in 2019, Art Douglas said during the 2019 CattleFax Outlook Seminar, held as part of the 2019 Cattle Industry Convention and NCBA Trade Show.
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.
Meat cases are getting fuller, with livestock and poultry production continuing to expand. And all those extra animals mean there’s continued demand for feed supplies in 2019.
Placements of calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 head or more totaled 11.7 million head, as of Nov. 1, 2018. The inventory was 3% above the Nov. 1, 2017 report.
