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TheBeefSite Latest News: United States

06 September 2019
View news from United States CME: July Beef Exports Lower Than a Year Ago
US - Beef exports in July were 89,712 MT, 2.9 percent lower than a year ago, reports Steiner Consulting Group, DLR Division, Inc. ...
04 September 2019
View news from United States CME: Futures Price Significant Discount for Cattle for Remainder of 2019
US - Despite the disruptions caused by the closure (temporary) of a 5000 head capacity plant in mid-August, fed cattle slaughter has so far managed to stay near year ago levels, reports Steiner Consulting Group, DLR Division, Inc....
02 September 2019
View news from United States CME: October Feeder Cattle Futures Contract Trading at Discount
US - Feeder cattle markets have been buffeted from the wake created by the slaughter plant fire in Holcomb, Kansas two weeks ago, but there is some evidence that some order is taking hold in the market, reports Steiner Consulting Group, DLR Division,...
30 August 2019
View news from United States CME: Combined US, Canada Cattle Inventories Slightly Lower in 2019
US - USDA NASS released the US and Canada cattle and hog inventory data on 27 August. The report gives a mid-year snapshot of both cattle and hog inventories in Canada and the US, according to Steiner Consulting Group, DLR Division, Inc....
29 August 2019
View news from United States CME: Boxed Beef Values Skyrocket Following Tyson Fire
US - With the fire at the Tyson plant, boxed beef values have skyrocketed in the last couple of weeks, reports Steiner Consulting Group, DLR Division, Inc....
View news from United States Positives of Climate Change? Research Shows Ag, Economic Possibilities
US - Depending on your side of the aisle, climate change either elicits doomsday anxiety or unabashed skepticism. Jason Hubbart, director of Institute of Water Security and Science at West Virginia University, takes a more centered approach....
28 August 2019
View news from United States CME: US-Japan Agreement to Lend Itself to More Favorable Access on Ag Front
US - Trade once again splashed the headlines last weekend. The US and Japan agreed in principle to key pieces of a trade deal which is expected to boost agriculture exports to Japan. Japan purchases about $14 billion in US agricultural products and this...
27 August 2019
View news from United States CME: Inventory of COF in Feedlots Close to Analysts' Expectations
US - The inventory of cattle on feed in feedlots with +1000 head capacity as of 1 August was estimated at 11.112 million head, 0.2 percent higher than a year ago. Analysts expected the total on feed number to be up 0.6 percent, according to Steiner...
26 August 2019
View news from United States CME: July Red Meat, Poultry Supply Up from June Levels
US - The combined inventory of beef, pork, chicken and turkey in cold storage at the end of July was estimated at 2.464 billion pounds, 1.8 percent lower than a year ago but still 5.4 percent higher than the five year average, reports Steiner Consulting...
View news from United States Favourable Access for US Beef, Pork a Major Win, Says USMEF
US - On Sunday (25 August), President Trump announced an agreement in principle that will greatly improve access for US red meat in Japan – the largest value destination for US pork and beef exports....
23 August 2019
View news from United States Mexico Media Team Visits Colorado to Learn About US Pork, Beef
US - Journalists and bloggers from Mexico’s largest cities were given a firsthand look at US red meat production and learned about trends in the retail and foodservice sectors during a visit organized and led by USMEF. ...
22 August 2019
View news from United States CME: Increase in Supply of Forward Contracted Cattle
US - Different from the hog industry where packers own about a third of all the hogs coming to market, the supply of packer owned cattle is quite small. And that supply has gotten smaller following the sale of some company assets in late 2017 and early...
View news from United States Meat Allergy: Researcher IDs Biological Changes Triggered by Tick Bites
US - A University of Virginia School of Medicine scientist has identified key immunological changes in people who abruptly develop an allergic reaction to mammalian meat, such as beef. His work also provides an important framework for other scientists...
21 August 2019
View news from United States CME: Good Pasture Conditions, Higher Feed Costs Help Cattle Producers
US - USDA will issue on Friday (3PM ET) the results of its monthly survey of feedlots with +1000 head capacity, reports Steiner Consulting Group, DLR Division, Inc....
19 August 2019
View news from United States CME: Bearish News for Cattle Market
US - Slaughter and feeder cattle prices have been under steep pressure this week, reports Steiner Consulting Group, DLR Division, Inc....
16 August 2019
View news from United States CME: CPI for All Meat Items Up in July
US - The Department of Labor reported on Tuesday that consumer price inflation was perking up in July after being close to unchanged in June, according to Steiner Consulting Group, DLR Division, Inc....
13 August 2019
View news from United States CME: Damaged Tyson Plant Represents About 6% of Overall US Fed Cattle Packing Capacity
US - On Friday one of the largest beef packing plants in the US was damaged by fire and the event has the potential to cause significant disruptions to both beef and cattle markets, reports Steiner Consulting Group, DLR Division, Inc....
View news from United States Tyson to Rebuild Kansas Beef Plant, Pay Workers Following Fire
US - A fire partly destroyed the Tyson Foods beef plant in Holcomb, Kansas on Friday, 9 August. The plant will be down indefinitely. ...
12 August 2019
View news from United States CME: Steady Increase in Fed Cattle Weights in Early-June
US - According to Steiner Consulting Group, DLR Division, Inc, fed cattle weights have been steadily increasing since early June but the rate of gain has been in line with normal seasonal patterns and overall carcass weights remain modestly under year...
View news from United States US Beef Producers Expect Closer Collaboration with China
US - US beef producers are looking forward to gaining a larger share in China, one of the fastest-growing beef markets in the world, an industry expert has said....
08 August 2019
View news from United States Strong Finish to First Half for US Beef Exports
US - US pork and beef exports were above year-ago levels in both volume and value in June, according to data released by USDA and compiled by the US Meat Export Federation (USMEF). Strong results in South Korea and Taiwan pushed beef export value to the...
07 August 2019
View news from United States CME: June Beef Exports Slightly Lower Than a Year Ago
US - Official June trade data was released at the end of last week and in this update we plan to offer a recap of the latest information but also how the monthly statistics compare with the weekly data we currently get on Thursdays, according to Steiner...
View news from United States US-EU Beef Agreement Provides More Reliable, Consistent Access to EU Market, Says USMEF
US - On 2 August, at the White House, US Trade Representative Robert Lighthizer signed an agreement granting the United States a country-specific share of the European Union’s duty-free high-quality beef quota. ...
06 August 2019
View news from United States CME: Wholesale Lean Beef Prices Hold Stable This Summer
US - Wholesale lean beef prices have held stable this summer, reports Steiner Consulting Group, DLR Division, Inc....
02 August 2019
View news from United States CME: Toll Taken by Wet Weather, Muddy Conditions in Feedlots
US - Metrics on cattle feeding operations performance for June has been published by Kansas State University in recent days. The overriding theme continues to be the toll taken by wet weather and muddy conditions in feedlots during the winter and spring,...
01 August 2019
View news from United States CME: Range, Pasture Conditions Best in Years at July-end
US - Range and pasture conditions as July comes to an end continue to be the best in many years, although normal seasonal deterioration is underway, reports Steiner Consulting Group, DLR Division, Inc....
31 July 2019
View news from United States Taco Bell to Reduce Antibiotics in Beef Supply
US - Taco bell is changing up its meat – the fast food chain says it plans to reduce the antibiotics in its beef....
30 July 2019
View news from United States CME: Total Cattle Slaughter During W30 Higher Than Previous Week
US - Steer and heifer slaughter has been running above year ago since early June but lighter carcass weights and robust demand have managed to support overall wholesale beef values, according to Steiner Consulting Group, DLR Division, Inc....
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