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July meat export volumes lower; values remain on pace

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Tuesday, 09 September 2014 16:39

U.S. red meat exports slowed in July, the first time this year that year-over-year export volumes were lower for both beef and pork. But 2014 exports remain on a strong pace, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (USMEF).

 

Cattle and beef trade reacts to U.S. market situation

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Written by Derrell S. Peel   
Monday, 08 September 2014 09:04

International cattle and beef markets are reacting as expected to record U.S. market prices. The latest monthly trade data for July confirms that beef exports are declining; and beef and cattle imports are increasing as markets adjust to shrinking U.S. beef and cattle supplies.

 

On the plains: Trains and $2 corn

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Written by Miranda Reiman   
Friday, 05 September 2014 13:06

090414 speaking

Consider $3,300 railcar cost a crystal ball for the corn and cattle feeding industries.

“The grain farmer is absolutely going to get hammered to move his grain,” said Dan Basse, president of AgResource Company. “All of this passes back to you,” the analyst told cattle feeders and other attendees at last month’s Feeding Quality Forum in Kearney, Nebraska, and Amarillo, Texas.

 

Rain and disease reduce red meat production outlook

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Written by Kenneth Mathews   
Tuesday, 26 August 2014 08:48

Production forecasts for the corn and soybean crops to be harvested this fall indicate the potential for ample feed supplies. As a result, corn prices are declining. The recent rains have also improved pasture conditions in most of the northern half of the U.S. Despite recent improvements, most of the Southern Plains, Southwest and West remain under serious drought conditions.

 

U.S. pork, beef exports on record pace through June

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Monday, 11 August 2014 12:27

U.S. pork and beef exports remained strong in June, pushing export value for both products to a record first-half pace according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

 

Recent rains could further boost feeder cattle prices

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Written by Kenneth Mathews   
Wednesday, 23 July 2014 15:43

Precipitation in the Southern Plains recently could lead to reduced cow slaughter for the remainder of the second quarter and beyond if there is sufficient follow-up precipitation. However, as welcome as was the precipitation, it was well short of that needed to break the drought in the Southern Plains, Southwest and West.

 
 


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