A farmer in southern Minnesota expects much higher operating costs in 2024. Rochelle Krusemark tells Brownfield a big reason is higher interest rates. “The operating (cost) is obviously quite a bit, about double actually what it was last year (and) two years ago (so we’re) trying not to borrow...
AUSTIN, Texas – The Texas Parks & Wildlife Department says highly pathogenic avian influenza (HPAI) has been detected on the Texas coast. The National Veterinary Services Laboratories (NVSL) confirmed the presence in domesticated swans in Nueces County. HPAI is circulating among Texas wild birds as fall migration begins for waterbirds and waterfowl, says TPWD. Detected...
Lean hogs set contract lows Chicago | Reuters — Chicago Mercantile Exchange cattle futures plunged to four-month lows on Monday under pressure from bigger-than-expected placements into U.S. feedlots last month. Lean hog futures set contract lows. The U.S. Department of Agriculture, in a monthly report issued after trading ended on Friday,...
CANBERRA, Oct 23 (Reuters) – Australian farm industry groups on Monday called on the government to not sign a trade deal with the European Union unless it offered much greater market access for Australian agricultural products. Australia, one of the world’s biggest exporters of farm goods from wheat and...
Drought-stricken West Australian beef producers say they are considering giving away or shooting cattle as a persistent drought and depressed national market ratchet up pressure on operators. Ashley and Debbie Dowden have had just 76 millimetres of rain at their Mount Magnet property so far this year. The couple can not find buyers for their...
Beef production is a huge climate crisis driver, and a new study says only a small percentage of the country does most of the eating. One of the biggest drivers of the climate crisis, accounting for a third of the planet’s greenhouse gas emissions, is food production, with meat...
Australian Prime Minister Anthony Albanese said he will visit China in early November to meet President Xi Jinping, making the announcement Sunday hours before he departed for the United States to meet with President Joe Biden. The Chinese visit dates were confirmed a day after Beijing agreed to review...
Key points: Production The USDA’s latest forecasting predicts China’s beef production will grow by 2.7% in 2024 to total 7.7 million tonnes, a historically high level. This is mainly driven by a large live cattle inventory, following a period of expansion of the domestic beef herd. However, the rate...
Australia has said that a group of Middle Eastern countries had extended the maximum shelf life they will accept on imported chilled red meat, making it easier and cheaper for Australia to ship beef and lamb to the region. The Gulf Cooperation Council (GCC) – a group comprising Bahrain, Kuwait, Oman,...
DENVER — US pork exports in August were steady year-over-year with the help of another tremendous performance in the Mexican market, according to data collected by the US Meat Export Federation (USMEF) from the US Department of Agriculture. Pork export volume in August totaled 226,519 tonnes, steady compared with...