Dairy checkoff initiatives of 2024 successfully increased dairy access in schools, expanded market share for U.S. dairy products domestically and internationally and supported the industry’s commitment to sustainability. Dairy Management Inc. (DMI) President and CEO Barbara O’Brien says the checkoff is working and achieving a lot in building its next chapter. She outlined the “Now, Next, and Future” checkoff strategies at …
Bracing for a Potential Work Stoppage at Ports
As we kick off the New Year, many are bracing for a potential work stoppage at various ports around the country. Rusty Halvorson has the story. U.S. agriculture is bracing for a potential work stoppage at East and Gulf Coast ports that could greatly disrupt U.S. exports. Contract negotiations between the International Longshoremen’s Association and the U.S. Maritime Alliance broke …
Looking Back at 2024 Cattle Prices
One economist looks back at how cattle prices fared past year, and what the outlook for the year ahead looks like. Rusty Halvorson has the story. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Meat Supplies in Cold Storage Drop in November
The USDA says red meat in cold storage declined in November. Meat supplies in freezers on November 30 fell three percent month over month and five percent year over year to 7.41 billion pounds. In a report this week, USDA said that beef in storage totaled 440.5 million pounds, a two percent increase from October but down four percent from …
Dairy Market Trends
A recent report on dairy market trends is giving a hint of strong exports for the year ahead. Rusty Halvorson has the story. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Slight Drop in December Cattle on Feed
The December Cattle on Feed Report from USDA does show a slight drop compared to the November report. The number of cattle and calves on feed for the slaughter market in the U.S. for was 12 million head on December 1st, slightly below December 1, 2023. Placements in feedlots during November totaled 1.8 million head, four percent below the same time in …
Burdensome EU Deforestation Rule Delayed for a Year
Last week, the European Parliament voted to delay implementation of a deforestation regulation for a year, providing a reprieve for U.S. cattlemen. Rusty Halvorson has the story. According to U.S. Meat Export Federation, the rule will require imports of beef and other goods to include documentation showing they did not come from areas impacted by deforestation. In the case of beef, …
Couple of Surprises in the Year’s Cattle Market
Looking back over the year, there are a couple of surprises when it comes to the cattle markets in 2024. Rusty Halvorson has more details. Many factors can affect agricultural prices, including weather, global events and sometimes simple supply and demand. StoneX Chief Commodities Economist Arlan Suderman says there were a couple of surprises in the year’s cattle market. “The …
Alabama 2025 Beef Checkoff Marketing Plan Approved
Last week the Alabama Beef Checkoff Council met and approved plans for next year. Alabama Cattlemen’s Association Executive Vice President, Erin Beasley, has more information about the budget put together for 2025. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Tracking Agricultural Commodities after 11 Months
Eleven months of 2024 are now under our belt, and it’s time for Mark Oppold to look at where certain agricultural commodities currently stand with one month to go. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024