What do you do when feeder calf and calf markets have been strong and you look at the technicals and see a different message? “Very clearly sell,” says Stephen R. Koontz, agricultural economist at Colorado State University. Why? Koontz said feeder cattle futures exhibited weakness early this week after holding fast last week, and rallying … Read More
Stockers Find Favor as Cattle Inventories Grow
Stockers are stalking out of the fields to the feedlots, making an impact on the feeder cattle market this fall. Darrell S. Peel, livestock marketing specialist at the Oklahoma State University Extension, said there is a reason. Peel said feeder cattle prices typically decline seasonally in the fall. In Oklahoma, he said, stocker and … Read More
China Beef, Poultry Imports Grow in 2018: FAS
China’s beef and broiler meat imports should rise 11% and 7% in 2018 but despite being a key global trader, the United States won’t immediately realize full potential from the growth. The forecast is part of the USDA’s Foreign Agriculture Service’s twice-annual report “Livestock and Poultry: World Markets and Trade.” Demand is robust in China … Read More
Exports Key To U.S. Pork Growth To 2025: Rabobank
The U.S. pork industry will continue to grow steadily through 2025 with increased exports determining the extent of the expansion according to a report from Rabobank. The report, by the bank’s RaboResearch Food and & Agribusiness group, also said growth should be boosted by increased production efficiency, through carcass weights and by the number of … Read More
Whose Water Will Feed World’s Population Growth?
As the Earth’s population grows, determining how to feed the increased masses becomes more of a perplexing question each year. The number of people increased by more than 12% in the last 10 years from 6.71 billion to 7.55 billion, according to the United Nations Department of Economic and Social Affairs. Their projection is for … Read More
Japan Eyes Changes On U.S. Frozen Beef Imports
Japan hopes to avoid conflict with the United States by modifications to its safeguard mechanism on frozen U.S. beef imports. The proposal would shorten review periods and allow importers to lower voluntarily import volumes to keep tariffs from going into effect automatically. The proposal comes as the U.S. is making continuous noise about lowering trade … Read More
Irma Smacks Florida Beef Cattle Industry Hard
Florida agriculture officials have completed a survey of cattle ranches hit by Hurricane Irma last month and the damages add up to as much as $237.476 million. The Florida Department of Agriculture and Consumer Services said beef cattle provide sales of $549.1 million and the sector is one of the state’s most important land uses. … Read More