Last Friday, a ruling was made by a U.S-Mexico-Canada Agreement (USMCA) dispute panel allowing Canada to restrict the dairy access that the U.S. negotiated for in the USMCA pact. And according to the National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC), the ruling weakens the agreement’s value to the US dairy industry. An earlier panel ruled in January 2022 that Canada had improperly restricted …
Prices Show Heat as Temperatures Cool
As cattle supplies appear to remain tight, prices look to retain heat. Anticipated precipitation from weather patterns across the Wheat Belt could signal a shift in markets and encourage prices. Southeast AgNet’s Will Jordan spoke with Holden Ramey, market analyst for CattleFax, who shares more. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: …
CattleCon24 Registration Still Underway
Registration and housing continues for the 2024 Cattle Industry Convention and NCBA Trade Show being held January 31-February 2, 2024 in Orlando, Florida. CattleCon24 is where cattle producers from across the country will gather for business meetings, educational sessions, engaging speakers, and family fun. Attendees can take part in a variety of educational opportunities including the CattleFax Outlook Seminar, weather and industry …
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. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
NMPF’s Mooney Highlights Dairy’s Persistent Strength at Annual Meeting
The joint annual meeting of the National Milk Producers Federation (NMPF) and its checkoff group partners, National Milk and Dairy Management Inc. (DMI), was held this week in Orlando, Florida. At that event, NMPF Chairman Randy Mooney commended U.S. dairy farmers for their persistence in supporting positive change for their industry, noting that challenges are nothing new to producers and that their …
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. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024