Data from the US Bureau of Labor Statistics showed that retail prices for meats were 69.07% higher in 2019 than in 2000, a $13.81 difference in value, but no one in the production and distribution chain got all of that. However, it’s clear that growth in livestock producers’ portion of the pie grew much more … Read More

Cow/calf producers can increase the health and value of their calves by being diligent with their health procedures, overcoming obstacles to increase returns at the time of sale, said a prominent university agricultural economist in a letter to Extension Agents. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, said in the Cow/Calf Corner lifetime … Read More

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