Heading into the Labor Day holiday weekend, the USDA said all retail meat prices continued to climb, the Livestock Marketing Information Center reported. All fresh beef prices averaged $9.18 a pound, pork was $5.00 a pound, and the broiler composite was $2.49 a pound, corresponding to year-over-year increases of 12.6%, 2.2% and 1.9%, respectively. … Read More
USDA Has “Aggressive” Plan For Ag Exports
Last week, Secretary of Agriculture, Brooke Rollins and Under Secretary for Trade and Foreign Agricultural Affairs, Luke Lindberg, announced an aggressive three-point plan that is intended to support American agricultural producers and exporters, a USDA release said Tuesday. “President (Donald) Trump is putting American agriculture first by negotiating fair, reciprocal deals that benefit US producers, … Read More
FAS: China Chicken Production, Consumption Growing
In an annual report, the USDA’s Foreign Agricultural Service in Beijing, China, forecast 2025 and 2026 chicken production to be up from previous estimates. 2025 PRODUCTION UP For this year, the difference is a revision upward as higher-than-anticipated supply in the first half of the year reflected producer optimism for expanded consumer demand, … Read More
Funds, Commercials Cut Net Long, Short Cattle Positions
Managed money and commercial traders cut their respective net long and net short positions in the week ending Tuesday, according to the weekly Commitments of Traders report Friday. The weekly Commitments of Traders report is published by the Commodity Futures Trading Commission weekly listing the respective commitments of different types of futures traders on the … Read More
Choice Boxed Beef Prices Still Higher Than Year Ago, Average
Weekly USDA choice boxed beef prices fell this week, but remain much higher than a year ago and the 2019-2023 average. The USDA’s choice boxed beef price also is near the top of this year’s weekly averages, according to USDA data compiled and published by the Livestock Marketing Information Center in Denver. So, things aren’t … Read More
Raising Or Buying Heifers? Time To Push Pencils
With current inventory levels and producers beginning to think about expansion, the value of young cows and heifers is increasing as demand for breeding stock increases, said Hannah Baker, University of Florida Extension economist, in a Livestock Marketing Information Center letter called In The Cattle Markets. As discussed yesterday, pastures in the majority of the … Read More
Wheat Pasture Conditions Improve, Offer Options
Unseasonably cool, wet weather in late August resulted in the best prospects for early planted wheat in several years, said Derrell Peel, Oklahoma State University livestock marketing specialist, in a letter called Cow-Calf Corner. Rain across much of Oklahoma, especially in major wheat production areas, provided the moisture and cool soil temperatures necessary for wheat … Read More