US beef and pork exports trended lower in May, primarily because of steep declines in shipments to China, according to data released by USDA and compiled by the US Meat Export Federation. In April and the first half of May, China’s total tariff rate on US pork peaked at 172%, while the rate for U. … Read More
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Kansas Steer Closeouts Drop In May
7-7-25 – Feedlot closeouts of fed steers from the average Kansas feedlot plummeted in May while their average exit weight rose seasonally, according to data from the Kansas State University Extension service. Closeouts of fed heifers also declined sharply, but the drop was less notable on yearly graphs. The KSU Extension service collects performance and … Read More
Beef Production Takes Unusual Slide
Weekly beef production took an unusual downturn in June, according to data from the USDA’s Agricultural Marketing Service and its National Agricultural Statistics Service. The data, which was compiled by the Livestock Marketing Information Center in Denver, showed a drop in production for the Memorial Day week and a recovery the following week. However, weekly … Read More
Q1 Farm Debt Growth Rises
Growth in farm debt at commercial agricultural banks remained elevated in the first quarter of this year, and loan delinquency rates increased modestly, said a report Tuesday from the Kansas City Federal Reserve Bank. According to Reports of condition and income, outstanding agricultural loan balances at commercial banks increased 3% from a year ago, said … Read More
USDA Phasing In Mexican Border Reopening
The US Department of Agriculture Monday announced a phased reopening of the southern border for cattle, bison and equines from Mexico, starting as early as July 7, with Douglas, AZ, the first port, a Google AI release said. The decision follows a period of closure after the detection of New World Screwworm in Mexico. The … Read More
Hogs And Pigs Report: Inventory Up Despite Fewer Sows
The US inventory of all hogs and pigs on June 1 was 75.1 million head, said the USDA’s National Agricultural Statistics Service in its Quarterly Hogs and Pigs report. The breeding inventory was down slightly from last year and down slightly from the previous quarter. The market hog inventory was up slightly from last year … Read More
USDA: US Corn Exports Show Strength
It may not last if Brazil’s corn production lives up to expectations, but the USDA World Markets and Trade report said in the first seven months of 2024/25 crop year, Japan, South Korea and Taiwan imported 10 million tonnes of US corn, a large gain from the 5.8 million in the same period last year. … Read More