The dairy industry has a few of its own laws of supply and demand, one of which will likely be operating next year. Gary Crawford has more details. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USMEF Attending Cattle Industry Summer Business Meetings
Cattle producers from across the nation are in San Diego this week for the Cattle Industry Summer Business Meetings. One key focus of the conference will be industry efforts to bolster global demand for U.S. beef, which these efforts are funded in part by the Beef Checkoff Program and USDA market development programs. U.S. Meat Export Federation (USMEF) President and CEO …
U.S. Cattle Inventory Down 3 Percent, Cattle on Feed Down 2 Percent
Two big reports were released this past Friday afternoon by USDA Economics, Statistics and Market Information System. One was the bi-annual Cattle Inventory Report, where USDA says all cows and heifers that have calved totaled 38.8 million head. That is down 3 percent compared to July 1, 2022. The other was the monthly Cattle on Feed Report which shows the number of cattle …
Beef Cattle Prices Rising and Expected to Keep Rising in 2024
Steer prices are rising higher than expected this year, but will they cool off in 2024? Gary Crawford has a story helping to answer that question. USDA Outlook Chairman Mark Jekanowski has the latest forecast for this year’s beef production. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
United States Again a Top Beef Supplier to Japan
The United States is again a top supplier of beef to Japan, according to USDA’s Economic Research Service. U.S. market share collapsed in 2004 after a single case of bovine spongiform encephalopathy, commonly referred to as “mad cow disease,” was detected in a cow shipped from Canada to the United States. In response, Japan placed an embargo on all U.S. …
ASI Applauds Support for Checkoffs
The American Sheep Industry Association (ASI) welcomed last week’s news that Rep. Barry Moore of Alabama introduced a resolution in support of checkoff funds, such as the American Lamb Board. “Checkoff programs have made significant, measurable strides in raising the level of demand and awareness for our farmers, ranchers and foresters’ products,” said Moore. “This resolution expresses congressional support for checkoffs due …
NMPF on Lab Based Milk Imposters
We told you late last month that the National Milk Producers Federation (NMPF) had sent a letter to the U.S. Food and Drug Administration (FDA) noting they must end dairy product mislabeling by manufacturers of synthetic, cell-based “dairy” ingredients that are in violation of federal dairy Standards of Identity. The letter concerns a product made by a company called Bored Cow. In …
Cattle Producers Praise Congressional Resolution Supporting Beef Checkoff
This week, cattle industry leaders praised the introduction of a bipartisan congressional resolution recognizing the importance of commodity checkoff programs, including the Beef Checkoff. “As a cattle producer who invests in the Beef Checkoff, I know how important this program is to the continued success of America’s cattlemen and cattlewomen. The Beef Checkoff was created by cattle producers, is run …
Weekly Livestock Market Report Week Ending 07-14-2023
Here are the weekly livestock market reports for Alabama, Florida, and Georgia, for the week ended July 14, 2023, compiled by the Livestock Market News Service for all three states. AL Livestock Market Report: At Alabama Livestock Auctions, for the week ended-July 14, 2023, receipts at 21 markets totaled an estimated 13,072 head compared to 0 last week due to …
May Pork Exports Highest in Two Years; Beef Exports Below Year-Ago Totals
Led by another outstanding month in Mexico, exports of U.S. pork continued to gain momentum in May, according to new data released by the U.S. Department of Agriculture (USDA) and compiled by the U.S. Meat Export Federation (USMEF). As for beef exports for that same month, while well below the record-large volume and value posted in May 2022, they improved from April …