Total red meat supplies in freezers at the end of January were up about 5% from the previous month and up about 9% from last year, according to the USDA’s monthly Cold Storage report Friday. Total frozen poultry supplies on Jan. 31, were up about 3% from the previous month and up about 13% from … Read More

The COVID-19 pandemic shifted expectations of work from home for employees and employers, said Jason Brown and Colton Tousey, economists with the Federal Reserve Bank of Kansas City, in a report Thursday. Prior to the pandemic, only about 15% of employees over the course of a year performed any full workdays from home, Brown and … Read More

If USDA Foreign Agricultural Service estimates are correct, Mexico may have more cattle to ship to the US over the next couple of years. A semi-annual report from the Mexico City FAS office said in 2023, Mexico’s beef production was forecast to rise slightly but faces slower consumption growth on a year-to-year basis as food … Read More

Retail egg prices per gram of protein shot higher last year, diverging from the gentle rise recorded over the previous three years, according to February’s USDA Livestock, Dairy and Poultry Outlook report. The pace of retail egg price gains last year also was in marked contrast to the continued gentle gains of beef, pork or … Read More

Industrial production across the G.17 was unchanged in January after falling 0.6% and 1.0% in November and December, respectively, the Federal Reserve Bank of Kansas City said in a publication.   SUMMARY   In January, manufacturing output moved up 1.0%, and mining output rose 2.0% following two months with substantial decreases for each sector, the … Read More

Beef packers may be rolling into a tough position that could last for a long while. Market analysts are saying fed cattle supplies are apt to decline from last year, especially in the second quarter, likely forcing cattle prices higher.  However, wholesale beef price gains to compensate may be stymied by consumer resistance.   FEEDLOT … Read More

Cattle herd rebuilding could begin quickly if profit potential sends cow/calf producers into the bred cow and heifer market, said Elliott Dennis, Extension livestock economist at the University of Nebraska – Lincoln, in a Livestock Marketing Information Center newsletter called In The Cattle Markets. The USDA Cattle report showed a 4% reduction in beef cows, … Read More