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TheBeefSite Latest News: United States

21 July 2017

CME: Beef, Dairy Cow Slaughter Up 9% Compared Last Year
US - Some of you may have noticed that there have been no preliminary estimates of the upcoming USDA "Cattle Inventory" report. While analysts have a fairly good process for estimating the cattle on feed numbers, it is quite difficult to come up with...

20 July 2017

CME: July COF Numbers Expected to be Up 2.8%
US - Before we go over the estimates of the cattle on feed inventory, just a very brief update on the case of atypical BSE that USDA announced. You can read all the details from the link below but our opinion is that this should have very little material...

Coalition Urges Vaccine Bank to Protect Food, National Security
US - Citing economic and food and national security concerns, an ad hoc coalition of more than 100 agricultural organisations and allied industries groups urged Congress to include in the next Farm Bill language establishing and funding a Foot-and-Mouth...

Study Reveals Health Insurance Costs Threaten Farm Viability
US - According to a new US Department of Agriculture (USDA)-funded study, lack of access to affordable health insurance is one of the most significant concerns facing American farmers, an overlooked risk factor that affects their ability to run a successful...

China, US Applaud Comprehensive Economic Dialogue
US - Senior Chinese and US government officials spoke positively of their first Comprehensive Economic Dialogue (CED) in Washington on Wednesday after they reached a wide consensus....

19 July 2017

US Beef Producers Welcome Renewal of Exports to China
US - With the market reopening of US beef exports to China, cattle sales are expected to go from good to better....

18 July 2017

CME: USDA Raises Beef Import, Export Forecast for 2018
US - In the cash market, as reported by USDA-Agricultural Marketing Service (AMS), fed steer prices were higher week-over-week, writes Steiner Consulting Group, DLR Division, Inc....

Cattle Industry Leaders Establish Direction for Policy, Checkoff Programmes
US - More than 700 cattle industry leaders gathered at the Cattle Industry Summer Business Meeting in Denver last week to help create direction for industry programmes. The meeting ran from 13-15 July. ...

US: Trade Deficits Key to Renegotiating NAFTA
US - The United States on Monday launched the first salvo in the renegotiation of the 23-year-old North American Free Trade Agreement (NAFTA), saying its top priority for the talks was shrinking the US trade deficit with Canada and Mexico....

US-China Beef Deal Benefits Nebraska Corn Crop
US - As US beef exports to China resume, Nebraska, the No 1 exporter of beef and beef products in the US, is optimistic that its biggest crop export - corn - will also benefit....

17 July 2017

CME: Q2 US Beef Production Up 3.4%
US - In last week’s prior issues, we did short reviews of 2017’s first six months on the hog/pork and the poultry (broiler and turkey) sectors. Today we turn to fed cattle, which are represented on the CME futures by the Live Cattle contracts, reports...

Nebraska Has Stake in Beef Exports
US - Nebraska Governor Pete Ricketts has seen off the first shipment of US beef products on a flight to a client in Shanghai on 14 June. It came after a 14-year absence in the market, and Governor Ricketts realised that it signaled a new era for his state's...

Zoetis Announces NCBA Trade Show Sweepstakes Winner
Tennessee cattleman, ag educator wins $5,000 toward WW Livestock Equipment....

14 July 2017

Q4 Results Show Cargill on Path Toward Higher Performance
US - Cargill has reported strong financial results for the fourth quarter and fiscal year ended 31 May 2017. In the second year of an ongoing transformation, Cargill raised earnings across all four business segments in both periods. It also advanced the...

13 July 2017

Ag Groups Worried About Import Restrictions
US - The National Pork Producers Council and 17 other food and agriculture organisations, representing the vast majority of production agriculture, sent a letter to the Trump administration this week, urging it to refrain from placing restrictions on...

CME: Strong Demand for Meat Products Feeds Back Into Wholesale Prices
US - In yesterday’s Daily Livestock Report we stated: "With production increasing, foreign demand for pork items will likely remain a key to hog prices," writes Steiner Consulting Group, DLR Division, Inc....

12 July 2017

Vets Urge Establishment of Offshore FMD Vaccine Bank
US - Warning of the dire economic consequences of an outbreak of Foot-and-Mouth Disease (FMD), swine veterinarians from around the country during Capitol Hill visits yesterday and today will urge congressional lawmakers to establish an offshore vaccine...

11 July 2017

CME: Total Beef Exports in May Up 3.8% Higher Than a Year Ago
US - While overall red meat and poultry exports were higher in May, pork exports were particularly strong, driven by robust demand from Mexico and a number of Asian markets, reports Steiner Consulting Group, DLR Division, Inc....

10 July 2017

CME: Japan-EU EPA Could Affect US Beef, Pork Markets
US - In the weekend DLR issue we gave an update on the status of US beef, pork and chicken exports in May (they were up) and what the latest weekly export data implies for the volume of trade in June and July, writes Steiner Consulting Group, DLR Division,...

Strong Momentum Continues for US Beef Exports
US - US pork and beef exports posted a strong May performance, increasing significantly from the previous month and from year-ago levels, according to statistics released by USDA and compiled by USMEF....

05 July 2017

FMD Vaccine Bank Receives Broad Support, Says NPPC
US - The Vice President of the National Pork Producers Council reports broad support for the creation of a Foot and Mouth Disease Vaccine Bank, Bruce Cochrane writes....

30 June 2017

Livestock Industry Supports WGA
US - The Western Governors’ Species Conservation and Endangered Species Act Initiative was launched by WGA Chairman and Wyoming Governor Matt Mead to create a mechanism for states and stakeholders to share best practices in species management, to promote...

US Officials, Meat Exporters Applaud US Beef's Return to China
US - Visiting officials and representatives of meat exporters from the United States celebrated the return of US beef to China in Beijing on Friday, 30 June, as suppliers in both countries race to be first to fill the tables of local customers....

CME: Beef Production During W25 Up 1% from Year Ago
US - Economic gravity is exerting a downward force on Choice Beef Cutout values during the last week, reports Steiner Consulting Group, DLR Division, Inc....

29 June 2017

Controlling Anaplasmosis with medicated mineral supplementation
By Daniel Scruggs, managing veterinarian, Zoetis Beef Technical Services ...

28 June 2017

CME: August Cattle on Feed Inventory Expected to Rise; Decline in Spring Pasture, Range Conditions
US - As of 1 June, the total inventory of cattle on feed in feedlots with +1000 head capacity was estimated at 11.096 million head, almost 300,000 head (+2.7 per cent) larger than a year ago, reports Steiner Consulting Group, DLR Division, Inc....

Farmers, Livestock Producers Applaud Withdrawal of WOTUS Rule
US - The US Environmental Protection Agency yesterday made an announcement that it will propose a rule to rescind a controversial Clean Water Act regulation that gave the government broad jurisdiction over land and water....

27 June 2017

Better Beef Leads Value Gain
US - When cattle gain or lose $150 in per-head value in a week, it’s easy to lose sight of what lifts that value trend over the years. A University of Missouri (MU) study of 2003-’16 boxed-beef cutout values isolates the contribution of branded...

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