The USDA’s Economic Research Service forecast total fourth-quarter US red meat and poultry exports to raise full-year exports of these products by more than 3% from 2018. The projection came in the ERS’ monthly Livestock, Dairy, and Poultry Outlook, which also said US trade data through September indicated that total red meat and poultry exports … Read More

The Federal Reserve Bank of Kansas City said many consumers are responding to weakness in manufacturing by pulling back from purchases, which a market analyst said could have bearish implications for meat purchases. While the consumer activity currently is concentrated in manufacturing-heavy states, it could spill over into other states and sectors if trade tensions … Read More

Heifer slaughter patterns this year have suggested strongly that the current cattle cycle peaked late last year, and cow slaughter since September basically has confirmed it, a market analyst said. The result now is that the cattle markets can anticipate fewer calves being born next year and in years following, resulting in a gradual tightening … Read More

The fall run of feeder cattle coming to market is in full swing and may even be at or near its peak, said Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist in a letter to Extension agents called Cow/Calf Corner. USDA’s Agricultural Marketing Service reported that combined feeder cattle volumes for seven Oklahoma auctions … Read More

Moving into 2020, US corn exports remain dependent on South American production and the competitiveness of US prices, said Todd Hubbs, of the University of Illinois’ Department of Agricultural and Consumer Economics, in an Extension letter called farmdoc daily. However, a slow harvest combined with abundant crops in major exporting countries foretells a continuation of … Read More

Wholesale choice beef prices are up, and have been since the Aug. 8 fire at Tyson Foods’ Finney County, KS, beef plant, but the whole-carcass gains don’t show the whole picture. Some cuts are up sharply from last year amid seasonal and changing consumer desires while others either lag or remain within the confines of … Read More

The USDA’s World Agricultural Outlook Board raised its forecast for 2019 total red meat and poultry production from October on higher beef, pork, broiler and turkey production. The new figures came in the monthly World Agricultural Supply and Demand Estimates report Friday.   2019 PRODUCTION ESTIMATE UP   In the report, the 2019 beef production … Read More