Cattle feeding margins were unchanged from the previous week, which means the train wreck continues. Despite modest gains in the cash market, cattle feeders lost an average of $206 per head, just $1 better than the previous week.
Beef imports totaled 263 million pounds in August, down 16.0% compared to a year ago, and down 2.2% compared to the month before. Reduced shipments from Australia accounted for all of the decline. Improved pasture condi
U.S. beef exports opened the new year on a positive note, but market conditions suggest that 2014 could be a challenging year, according to statistics released by the USDA and compiled by USMEF, a contractor to the Beef Checkoff Program.