BEEF
Brazil was plunged back into a political crisis reminiscent of last year’s impeachment saga following reports that President Michel Temer was embroiled in an alleged cover-up scheme involving the jailed former speaker of the lower house of Congress.
Demand is leading the charge in livestock markets, says Naomi Blohm of Stewart-Peterson.
A public hearing on imposing potential 100 percent import tariffs on some 90 European products -- particularly targeting agricultural products from France, Germany and Italy -- will be held February 15 in Washington, DC by the Office of the US Trade Representative (USTR).
The U.S. Department of Agriculture has notified livestock industry groups that it will move forward with proposed Grain Inspection, Packers and Stockyards Act (GIPSA) rules proposed in 2010.
Proposed all-Australian bid won’t need government approval.
Volatile cattle markets have impacted the industry over the past year. To help the situation, industry leaders have tried to shorten the trading hours and address high frequency trading. A group of cattle operators are doing business a different way in an open cash market with an online live auction.
Fed cattle led the parade with cash prices $3 to $4 per cwt higher.
Feedlot marketings were up 16.6% in November, while placements rose 15%.
Without a surge of beef moving off shelves in the retail sector, prices will have a hard time rebounding in 2017.
Only minor changes are projected by the latest WASDE report for beef production and cattle prices.
Commodities dropped 40-60% in value the past few years. How much longer will the slide continue?
Cattle prices went from record highs to record lows in just two years, and it has cattle producers searching for answers.
A lawsuit over the beef checkoff is being heard in the U.S. District Court of Montana.
Develop a target income for your operation and make adjustments as your operation changes.
Quickest buildup in 30 years ‘snuck up’ on beef industry.
The first shipment of Brazilian beef has now arrived at a U.S. port, according to Brazilian Agriculture Minister Blairo Maggi.
This month’s numbers continue the trend of increasing heavy placements, with cattle larger than 800 pounds seeing a 21.2% year-over-year increase while cattle less than 600 pounds saw an 8.9% year-over-year decrease in placements.
After a few weeks of positive price movements in the feeder cattle business, there was a small relapse this week.
The goal is to produce beef at a cost that will provide a profit.
August WASDE feeds the bears on crop markets, could it also feed the bulls (and steers) this fall?
South Dakota feedlots with capacities of 1,000 or more animals reported 220,000 cattle on feed on Aug. 1, up 5 percent from last year.
The CME Group announced more changes that include discounting live cattle futures at a delivery location and revising quality grade specifications.
Until the market gains some consistency with what is happening in the country then the futures market is about as risky as playing croquet in the alligator pit.
While marketings were largely in line with the pre-report estimates, June placements were the big surprise, only up 3 percent compared to last year.
USDA’s monthly Cattle on Feed report was pegged at 10.4 million head on July 1, 1% above last year’s total.
Cattle feeders are walking a tight rope as fed cattle prices continue to decline.
Missing from the slate of late July USDA cattle reports was the July Cattle report which would have provided an indication of continued herd rebuilding, heifer retention and the size of the 2016 calf crop.
A 1,200 mile drive by an agriculture economist reveals crop and pasture conditions are doing well.