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Shipping Container Rates Down 63%, But We're a Long Way From Back to Normal Operations
Shipping Container Rates Down 63%, But We're a Long Way From Back to Normal Operations

Have the Pacific Coast port bottleneck issues been resolved, or moved somewhere else? The East Coast may now be carrying the burden.

U.S. Beef and Pork Export Values Near $150 Million to Colombia
U.S. Beef and Pork Export Values Near $150 Million to Colombia

Demand for U.S. pork and beef exports in Colombia soar in 2022 with pork ahead of last year’s record pace by 10% and beef up 55% in volume and 78% in value over 2021, USMEF reports.

Packs of beef imported from Australia at an Aeon supermarket in Chiba, Japan.
Emerging Post-Pandemic, Consumers in Japan Remain Cautious

One of the largest export markets for U.S. pork and beef, Japan, emerges from its post-pandemic restrictions. USMEF Dan Halstrom explains his experience visiting the country for the first time in over two years.

Unlimited Groundwater In the Desert Pads Pockets of Saudi Corporation
Unlimited Groundwater In the Desert Pads Pockets of Saudi Corporation

What’s the cost of unlimited groundwater usage in a desert? For a Saudi corporation, it’s essentially a steal.

John Phipps: Are Tariffs Part Of The Problem With Inflation?
John Phipps: Are Tariffs Part Of The Problem With Inflation?

Do tariffs fuel inflation? John Phipps's Customer Support segment explains why economists have struggled to come up with estimates of economic effects due to lingering COVID influence on world business.

China's Latest Land Purchase Could Pose Major U.S. Security Risk
China's Latest Land Purchase Could Pose Major U.S. Security Risk

Fufeng Group recently bought 300 acres of land in North Dakota and the proximity to a U.S. military base has many concerned. But this isn’t the first time questions have been raised about China’s stake in the U.S.

USMCA Disputes Run Ramped Again, This Time with Mexico
USMCA Disputes Run Ramped Again, This Time with Mexico

“We have tried to work constructively with the Mexican government to address these concerns, but, unfortunately, U.S. companies continue to face unfair treatment in Mexico," said Ambassador Tai.

Don't Call it Meat if it's Made with Plants, France Decides
Don't Call it Meat if it's Made with Plants, France Decides

Starting in October, France will ban the use of meat names like "steak" and "sausage" on plant-based protein food in an effort to avoid confusion over the trendy meat alternatives.

Farmers Are Now Paying Above $5 For Off-Road Diesel, And It's More Than Just Russia to Blame
Farmers Are Now Paying Above $5 For Off-Road Diesel, And It's More Than Just Russia to Blame

Diesel prices are causing sticker shock, as fears of a possible diesel shortage are growing. It’s not just retail diesel prices that are rapidly rising. Some farmers report booking off-road diesel for above $5.

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Japan's Growing Demand for Quality U.S. Beef is Officially Safeguarded

According to the Office of the USTR, the safeguard will allow U.S. exporters to meet Japan’s growing demand for high-quality beef while minimizing the odds that Japan will increase tariffs.

Who Actually Won the U.S., China Trade War?
Who Actually Won the U.S., China Trade War?

The U.S.-China trade war began in July 2018 when the Trump administration imposed tariffs on $550 billion worth of Chinese goods. Nearly four years later, the debate remains as to which country actually won.

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Alberta Man Linked To Multi-Million-Dollar Hay ‘Scam’

A Canadian man alleged to be linked to multi-million-dollar hay fraud schemes in Montana, has been charged with similar crimes in Alberta.

‘Born, Raised, and Harvested’ South American Beef Containing Hard Plastic Found in U.S. Markets
‘Born, Raised, and Harvested’ South American Beef Containing Hard Plastic Found in U.S. Markets

South American imported beef containing hard plastic is found in U.S. Whole Foods stores across the country.

Biden: Double Crop Because 'We Can't Take Any Chances'
Biden: Double Crop Because 'We Can't Take Any Chances'

Biden says Ukraine has 20 million tons of stored grain awaiting export to various countries. He says lack of port movement coupled with halted planting in Ukraine will ignite a global food crisis unless action is taken.

 Diesel Prices Just Hit a New Record High, Here's Why a Diesel Shortage May Be Next
Diesel Prices Just Hit a New Record High, Here's Why a Diesel Shortage May Be Next

Diesel prices hit historic highs this week. Due to increased demand and a drop in production, a diesel shortage may be looming as the largest diesel distribution hub in the U.S. is sitting on supplies at a 30-year low.

Canada Beef Announces Global Marketing Plans
Canada Beef Announces Global Marketing Plans

Canada Beef will spend $3.6 million to promote Canadian beef and veal exports globally and enhance awareness of the value proposition created by farmers and other participants within the beef and cattle supply chain.

Packs of beef imported from Australia at an Aeon supermarket in Chiba, Japan.
Extreme Growth Potential with Indo-Pacific Economic Framework for U.S. Red Meat Exports

Recognized as one of the greatest opportunities of U.S. red meat exports, trade talks gear up to address the Indo-Pacific Economic Framework. USMEF shares its comments on the pillar of resilient trade.

The Butcher Shop, Colombia’s Essential Meat Market Asset
The Butcher Shop, Colombia’s Essential Meat Market Asset

Colombia is a robust market for U.S. pork and beef imports. USMEF’s Don Mason describes how butcher shops have been instrumental in providing high quality meat to consumers.

NCBA Renews Call for Suspension of Brazilian Beef Imports
NCBA Renews Call for Suspension of Brazilian Beef Imports

Renewing its call for the immediate suspension of fresh beef imports from Brazil, NCBA also asks for a thorough audit of Brazil’s animal health and food safety system, to ensure the safety of the U.S. cattle herd.

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Imported Meat Faces Lockdown Hurdles in China’s Largest City

What happens to meat imports when the largest city in China is under lockdown? USMEF’s Joel Haggard explains.

John Phipps: Is the U.S. Already Energy Independent?
John Phipps: Is the U.S. Already Energy Independent?

With the ongoing war in Ukraine, a recent U.S. Farm Report viewer asked about the U.S. and energy independence. John Phipps provides a reality check of the current situation when it comes to crude oil and petroleum.

Grain and Livestock Markets Just Saw Another Crazy and Volatile Week, So What's Driving it All?
Grain and Livestock Markets Just Saw Another Crazy and Volatile Week, So What's Driving it All?

The fundamentals in both the grain and livestock markets didn't change this week. So, why did prices see such a volatile trading week? Joe Vaclavik and Don Close break down this week's market action on U.S. Farm Report.

If low-magnesium soil needs lime, you can fix the magnesium deficiency by applying the dolomitic form of limestone. Do not apply calcitic lime because that might aggravate the magnesium deficiency.
If You Think Fertilizer Prices are Bad Now, Here's Why China Could Make the Situation Even Worse

Even with Russia removed from the global fertilizer market, it still doesn’t create worst-case scenario. StoneX Group says China could make the situation worse, as China and Russia account for 40% of global phosphate.

Markets Make Historic Open Sunday as Wheat Tops $13, Soybeans Soar Past $17, Corn Closes in on $8
Markets Make Historic Open Sunday as Wheat Tops $13, Soybeans Soar Past $17, Corn Closes in on $8

Crude oil hit a 13-year high and wheat topped $13. With front-month soybeans soaring past $17, and corn nearing the $8 mark, the crisis in Ukraine means food and fuel inflation fears are also heating up. 

Wheat Price Whiplash to End Week Leaves Producers with One Burning Question
Wheat Price Whiplash to End Week Leaves Producers with One Burning Question

Just as wheat prices hit a new all-time high, the March contract was spooked, as profit taking caused the front-month contract to drop more than 80 cents in minutes. Despite that, the fundamental story hasn't changed.

Soaring SRW Wheat Futures Shatter All-Time High as Crisis in Ukraine Continues
Soaring SRW Wheat Futures Shatter All-Time High as Crisis in Ukraine Continues

Soft Red Winter (SRW) futures hit an all-time high Friday, as consecutive limit up trading days meant wheat prices topped a previous high set in 2008.

U.S. Trade Tactics to Evolve with China's Infrastructure Plan
U.S. Trade Tactics to Evolve with China's Infrastructure Plan

With the U.S. on the back end of COVID-19 and the conflict between Russia and Ukraine unraveling, USTR Katherine Tai says her office is currently focused on three themes: resilience, sustainability and competition.

Russian Invasion of Ukraine Overtakes Other Washington Issues as Congress Returns this Week
Russian Invasion of Ukraine Overtakes Other Washington Issues as Congress Returns this Week

Congress returns Monday, but to a very different situation due to Russia’s invasion of Ukraine, which is expected to be one of the key issues President Biden talks about during his State of the Union address.

Cargill Confirms Chartered Vessel Hit by Attack in Black Sea as Ukraine-Russia Crisis Continues
Cargill Confirms Chartered Vessel Hit by Attack in Black Sea as Ukraine-Russia Crisis Continues

Despite signs Russian President Vladimir Putin may be ready to talk with representatives from Ukraine, Cargill confirmed a ship it chartered was hit in the Black Sea on Thursday. The vessel was empty at the time.

Here's Why the Russia-Ukraine Crisis Creates a Realignment of World Trade
Here's Why the Russia-Ukraine Crisis Creates a Realignment of World Trade

The Russia-Ukraine crisis sent wheat prices skyrocketing 50 cents higher, with corn up 30 cents at one point Thursday. Crude oil also soared above $100 per barrel, hitting the highest level since 2014. 

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Putin Just Cost You $35 Per Head

Cattle markets were hit hard Thursday on news of Russia's invasion of Ukraine. Higher grain prices drove feeder cattle prices as much as $5 lower on CME feeder cattle futures and more than $2 lower for CME Live cattle.

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Russian Invasion is Bad News for U.S. Meat Consumers, Steiner Says

Will the expected sanctions on Russia impact global meat trade and demand? Len Steiner of Steiner Consulting Group posed this question in the Feb. 24 Daily Livestock Report. 

Record-Breaking Year for Red Meat Exports Spurred on by Trade Agreements
Record-Breaking Year for Red Meat Exports Spurred on by Trade Agreements

Multiple trade agreements aided in reaching unprecedented levels of red meat exports for 2021. USMEF Economist Erin Borror weighed in on the recent report during the Weekly USMEF Audio Report.

Will The USDA Pop-Up Site Solve The Clogged Ports Issue?
Will The USDA Pop-Up Site Solve The Clogged Ports Issue?

Rep. Garamendi says the USDA partnership with the Port of Oakland “isn’t going to solve the problem” because shippers deliver product to the U.S. and leave ports with empty containers.

Oatly Ads Banned in UK for ‘Misleading’ Environmental Claims
Oatly Ads Banned in UK for ‘Misleading’ Environmental Claims

The popular plant-based beverage, Oatly, has recently been told to not repeat some of its 'misleading' advertisements in the United Kingdom.

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China’s Central Bank Cut Rates for First Time in Two Years

On Monday the People’s Bank of China also announced a 0.1 percentage point cut to two of its key policy rates. It acted after GDP grew by more than 8% in 2021, but slowed down in the fourth quarter.

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Canada Reports First BSE Case In Six Years

Canadian officials reported the first case of BSE in six years. South Korea has suspended all beef imports from Canada as a precaution until it can gather more information about the case.

Meat production in Brazil.
China Lifts Embargo of Brazilian Beef

China has agreed to resume imports of Brazilian beef following more than three months of suspension due to two atypical cases of Bovine Spongiform Encephalopathy (BSE) were discovered in Brazil.

Disruption at High River Beef Plant Would Affect U.S. Market
Disruption at High River Beef Plant Would Affect U.S. Market

While Cargill and the United Food and Commercial Workers Union appear to have avoided a labor strike at the High River, Alberta, beef plant, a shut-down could produce significant disruptions to the U.S. cattle market.

Cargill, Union Reach Agreement at High River
Cargill, Union Reach Agreement at High River

A tentative agreement between Cargill and its unionized workers at the High River, Alberta, beef processing plant has been reached, avoiding a possible strike on December 6, 2021.

Sen. Tester Proposes Bill to Stop Brazilian Beef Imports
Sen. Tester Proposes Bill to Stop Brazilian Beef Imports

Montana Senator Jon Tester introduced a bill that would halt imports of beef from Brazil after repeated issues with delayed reporting of BSE. The bill has support from U.S. cattle organizations.

Brazil Rejects BSE Risk, But NCBA Asks Vilsack To Stop Imports To U.S.
Brazil Rejects BSE Risk, But NCBA Asks Vilsack To Stop Imports To U.S.

Brazilian authorities said two reported cases of a neurodegenerative disorder in Rio de Janeiro were not related to BSE, but NCBA calls on Secretary Vilsack to immediately suspend all imports of fresh beef from Brazil.

China's New Pig Farmers Aim to Ride Out Boom-Bust Cycle
China's New Pig Farmers Aim to Ride Out Boom-Bust Cycle

China's huge hog sector is struggling with excess production after millions of small, often first-time, pig farmers entered the industry to capitalise on record profits during a swine-fever related shortage.

BSE Confirmed in German Cow, OIE Says
BSE Confirmed in German Cow, OIE Says

Germany has reported a single case of atypical bovine spongiform encephalopathy (BSE) in a cow, the World Organization for Animal Health (OIE) announced.

China Presses U.S. to Cancel Tariffs in Test of Bilateral Engagement
China Presses U.S. to Cancel Tariffs in Test of Bilateral Engagement

China said on Saturday it pressed the United States to eliminate tariffs in talks between the countries' top trade officials that Washington saw as a test of bilateral engagement between the world's biggest economies.

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Brazilian Cases of BSE Halt Beef Exports To China

Brazil has suspended beef exports to China after confirming two cases of “atypical” bovine spongiform encephalopathy (BSE) in two separate domestic meat plants, the agriculture ministry said on Saturday.

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U.S. Frozen Beef Exports To China Growing

Ongoing tensions between Australia and China have opened the door for increased shipments of beef and other commodities to China.

Canada's Beef Cow Herd Declines
Canada's Beef Cow Herd Declines

Even as beef cow numbers declined, Canada’s total cattle inventory increased slightly for the first time in four years on July 1. Like their American counterparts, western Canadian ranchers are struggling with drought.

'Once in 100 Years' Drought Seen Affecting Argentine Grains Exports Into 2022
'Once in 100 Years' Drought Seen Affecting Argentine Grains Exports Into 2022

A once-a-century drought has lowered the water level of Argentina's main grains transport river, reducing farm exports and boosting logistics costs in a trend that meteorologists said will likely continue into 2022.

New Zealand Importer Will Launch Zero Carbon Beef
New Zealand Importer Will Launch Zero Carbon Beef

Silver Fern Farms, the New Zealand grass-fed red meat company, said it will introduce its first range of Toitu Net Carbon Zero Certified Beef in the United States late this year.