Strong starts for the ports on East and West coasts The past few years have brought plenty of questions as to whether the COVID-19 pandemic changed supply chains permanently or, once constraints eased, if supply chains would return to pre-pandemic patterns. Those answers are starting to reveal themselves as...
A beef specialist says cattle producers need to closely monitor cattle with this week’s wide swings in temperatures. Travis Meteer tells Brownfield… “Making sure that animals don’t have increased respiration rates,” he says, “Make sure we don’t have nasal discharge. Make sure the animals aren’t lethargic. It’s a good...
Traders weigh potential impacts of Texas Panhandle wildfire’s effects on cattle supply. Chicago Mercantile Exchange feeder cattle futures fell again on Thursday, amid ongoing profit-taking as some market participants sought cover as cash prices continue to stay firm, traders said. Pricing pressure in the cattle markets also came as...
This week’s factory quotes for beef see some level of pressure applied to the higher cow prices, as the quotes for prime cattle appear to have remained steady overall. While cow prices have come under some pressure, it appears price quotes have fallen for O and P grade cows...
The live cattle market ended the last trade day of the month with 60 to 95 cent losses. Despite that, April was still up by a net $4.65 for the month’s move. Feb cattle expired at $184 flat. Feeder cattle were down by triple digits on the last trade...
After looking at the major sources and exporters of beef and veal, we’re turning the lens the other way around to look at the biggest importers: i.e. who is driving this demand? In the following chart, data from Brazil is used specifically, as the world’s biggest exporter of beef. Statistics published...
With China projected to be the global leader in foodservice growth through at least 2026, the U.S. Meat Export Federation (USMEF) is accelerating efforts to expand U.S. beef utilization in targeted restaurant segments and markets in China. With funding support provided by the Beef Checkoff Program and USDA’s Market...
Sen. Mike Rounds is leading an effort to overturn a decision by the Biden administration allowing beef imports from Paraguay. Rounds is joining Democratic Sen. Jon Tester of Montana in filing a Congressional Review Act resolution to halt the action. The U.S. implemented a ban of beef imports from Paraguay in 1997 due...
AUSTRALIAN beef exporters have started loading frozen beef and offal consignments for Indonesia this week, following the issuance of 2024 import permits by the Indonesian Government on Thursday. There have been lengthy delays in permit access for agricultural trade into Indonesia this year, for a range of commodities. Live...
April lean hogs settle down Chicago Mercantile Exchange (CME) live cattle futures crept higher on Monday on expectations that US supplies will continue to tighten, Reuters reported, citing analysts. The country had 11.8 million cattle on feed for the slaughter market on Feb. 1, down from 11.9 million a month ago but up...