Sustainability in agriculture is a topic we continue to hear more and more about, and it’s one the cattle industry has been discussing for years. Mary-Thomas Hart, Chief Council with the National Cattlemen’s Beef Association (NCBA), looks at how the cattle industry continues to be sustainable. She explains how sustainability in the cattle industry is actually measured. NCBA notes that thanks …
Thanksgiving Meal Costs Down
Results are out for the American Farm Bureau Federation‘s annual survey for Thanksgiving meal costs, so what might consumers on average pay at the grocery stores this year? Rod Bain has more coming up on This Land of Ours. Are you still doing your Thanksgiving meal shopping? If so, you may be pleased to find that prices are a little …
Alabama Cattlemen Discuss Drought, LFP
The Alabama Cattlemen’s Association (ACA) held their fall quarterly board meeting last week at the ACA office in Montgomery. A variety of Association business took place, along with the discussion of a few topics, one of those being the current drought. ACA Executive Vice President, Erin Beasley gave those in attendance an update about the counties who are now eligible to sign …
Trade Volumes Lower This Week
With this being a holiday week, trade volumes are quite a bit lower than normal. Mark Oppold has more on that along with a few numbers from a recent video cattle auction.
Nominations Open for Animal Agriculture Water Quality Committee
The Environmental Protection Agency (EPA) published a Federal Register Notice on November 16 establishing the Animal Agriculture Water Quality Subcommittee. It’s under the umbrella of the Farm, Ranch, and Rural Communities Federal Advisory Committee. Nominations are open for members who want to serve on the subcommittee. The primary subcommittee goal will be to develop recommendations that will inform the Agency’s …
U.S. Cattle on Feed Up 2 Percent
The USDA released their November Cattle on Feed Report, which shows the number of cattle and calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 or more head totaled 11.9 million head on November 1, 2023. That is 2 percent above November 1, 2022, and as Gary Crawford reports, indicates the beef cattle herd …
Looking at the Energy Market
Energy markets are something traders are still watching as we near the end of another year. And as Mark Oppold reports, a holiday weekend approaching is another reason why.
Paraguay Beef Imports Won’t Boost Tight U.S. Supplies
USDA’s decision to accept beef imports from Paraguay for the first time in 25 years will likely not change the overall volume of U.S. imports, even during tight supplies and high prices. U.S. meat importers tell Reuters that’s due to a quota on shipments. American beef prices set records this year because of herd contraction to its smallest level in …
U.S. Reducing Beef Exports as Herd Shrinks
The nation’s ranchers slashed the U.S. cattle herd to its lowest level in decades, and as a result, the U.S. is importing record amounts of beef this year and exporting much less. The steep drop in cattle numbers has led to significantly higher beef prices. Reuters says those high prices make companies look to import cheaper beef and discourage American …
Various Factors Affecting the Gran Trade
Various factors are being looked at when it comes to both the corn and soybean trade right now. Mark Oppold runs through some of the things traders are watching.