Hog Prices-Markets
Profit margins for cattle feeders increased as cash prices moved higher last week. Pork producers continue operating with negative margins.
Cattle feeders experience largest average profits in seven years as packer margins dip into the red.
Profit margins for cattle feeders and packers continue pacing in opposite directions as shrinking supplies of market-ready cattle drive negotiated cash prices higher.
The tentative agreement that’s been reached with the West Coast longshoremen is of paramount importance for U.S. red meat, says USMEF President and CEO Dan Halstrom. Here’s why.
USDA announced on June 14 that it is implementing a multi-step effort aimed at strengthening the substantiation of animal-raising claims.
Thom Petersen says he wasn’t a ‘“feed-the-world’ type of person” when he started as commissioner. “But as you get out on trade missions...you realize there’s a lot of people that just need to be fed.”
USMEF Spring Conference guest speaker Kenneth Smith Ramos, a former chief NAFTA negotiator for Mexico, says ag trade has thrived under NAFTA and its successor pact, USMCA, bolstering food security across the continent.
Tyson Foods Inc posted a surprise second-quarter loss on Monday and cut its full-year revenue forecast on falling beef and pork prices, sending the U.S. meat packer’s shares tumbling 9% before the bell.
What is the state of the U.S. economy? How will these macro factors impact the agricultural economy? John Deere’s Kanlaya Barr provides a guide to a few risks you should monitor in the next year.
Market participants seem to be more focused on the day-to-day trading in the spot meat/livestock markets, and the short-term impact from weather events, Steiner Consulting says.
For the third straight year, agricultural exports from the U.S. to the Dominican Republic have reached an all-time record with pork leading the way in 2022.
U.S. pork exports saw continued growth in November, posting the largest volume and value numbers of 2022. Despite a November slowdown, beef export value sets records in key markets. Here’s a look at what’s happening.
The Biden administration is awarding an additional $9.6 million in grants and loans to expand meat processing across the country, it announced on Thursday as the government tries to diversify the industry.
Has the hype cooled for plant-based meat alternatives? Purdue economist Jayson Lusk thinks so. Here’s why.
Although China imported more than $205 billion worth of agricultural products in 2021, including more than $37 billion from the U.S., trade barriers deterred China’s imports from reaching even higher levels.
McDonald’s Corp. is accusing leading suppliers of pork of conspiring to fix pork prices over the past 14 years in a lawsuit filed Nov. 25.
There’s no question the pork and beef markets indicate consumers want more pork and beef. Scott Brown of the University of Missouri weighs in on what this could mean for 2023.
U.S. pork exports topped year-ago totals for the second consecutive month in September, while beef exports dipped below the $1-billion mark but remain on a record pace.
Global diesel and distillate fuel stocks have fallen to dangerous levels and the U.S. has been exporting a lot of diesel to Europe and Latin America, but now things are changing.
The editors at AgWeb.com are looking at experts’ projections for commodities in 2021 to help you succeed in the coming year. Here’s a look at what analysts expect for the upcoming year in the protein segments.
U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump inked with China, the New York Times reported on Wednesday.
No one denies the pandemic ramped up changes that needed to be made in the food supply chain. Will past hesitations be set aside as the industry seeks to find ways to be more resilient to avoid a repeat of the spring?
Smithfield Packaged Meats Corp. will assemble a team of company and third-party experts to develop an infectious disease preparedness plan that the company will implement at all of its processing facilities nationwide.
Whole Foods Market was sued on Tuesday by three consumers and an animal welfare nonprofit, in a lawsuit accusing the Amazon.com Inc unit of falsely marketing beef with the slogan “No Antibiotics, Ever.”
Australia and New Zealand said they were aware of Chinese media reports of a ban on meat imports from both countries by Beijing but had not received any official notice and shipments had been clearing as normal.
China is on track to be the leading international buyer of U.S. ag products for a third consecutive year. Much of the boost can be attributed to significantly higher prices this year versus last.
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.
Gross incomes for both cattle and hog producers were up double digits from 2020 to 2021, according to a recent report from USDA’s National Agricultural Statistics Service.
Canada has approved the importation of beef and pork from Brazil, which had been blocked over health concerns, authorities from both countries said.
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.