According to the latest Dairy Market Report, provided by the National Milk Producers Federation (NMPF), milk prices are under pressure. It’s noted the current extended period of milk production growth has so far been the weakest of all such periods since 1996, but downward pressure on prices continues even as inflation ebbs and consumer demand for dairy products recovers. Production of most …
Lab-Grown Meat Carbon Footprint Potentially Greater than Retail Beef
Is lab-grown meat worse for the environment? That’s coming up on This Land of Ours. A new report suggests lab-grown meat may have a larger carbon footprint than retail beef. Researchers at the University of California-Davis found that lab-grown or “cultivated” meat’s environmental impact is likely to be “orders of magnitude” higher than retail beef based. Researchers conducted a life-cycle …
May Beef Month Continues in Georgia
May Beef Month in Georgia continues as various promotions have been leading up to the Memorial Day holiday coming up this weekend. Georgia Beef Board (GBB) Director of Public Relations, Taylor Evans, looks at what has transpired and what they have planned for this summer. To learn more about May Beef Month in Georgia, contact the GBB office in Macon at 478-474-1815. Sponsored …
Looking for a Rebound in the Cattle Trade
When it comes to the cattle trade, Mark Oppold notes many are looking for a rebound heading into the holiday weekend. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Lower Beef Production Expected to Be a Market Factor
When it comes to the livestock markets, Mark Oppold notes that beef production is expected to be down which could be a factor in the trade. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Smaller U.S. Cattle Herd Squeezing Meatpacker Profits
America’s beef cow herd hasn’t been this small since 1962. Drought and the high cost of feed forced producers to cut their herd sizes instead of keeping animals for breeding. Livestock producers who fatten cattle suddenly have leverage over meatpackers as they negotiate cattle prices with organizations like Tyson Foods, JBS, and Cargill. U.S. News says meat processors are assessing …
March Pork Exports Strong, Beef Shows Signs of Rebound
According to new data released by USDA and compiled by the U.S. Meat Export Federation (USMEF), March exports of U.S. pork were the largest since May 2021. And while below last year’s high volume, March beef exports were the largest since October. March pork exports totaled 260,195 metric tons (mt), up 17% year-over-year and the ninth largest volume on record. Export value …
Looking at Cattle Markets
While May is Beef Month, there are a variety of things traders are watching when it comes to the cattle markets. Mark Oppold has more details. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Latest Steps in Input for Cattle Contracts Library Pilot
In March of 2022, cattle producers across the country welcomed the new Contract Library Pilot Program. The National Cattlemen’s Beef Association (NCBA) called the pilot program a critical tool, saying it marked a win for the U.S. cattle industry. The program is designed to equip producers with the market data needed to make informed business decisions and work to capture more value for producing the …
Strong Rebound in Demand for U.S. Beef in Mexico
U.S. beef exports to Mexico are off to a strong start in 2023, with shipments through February climbing 15% from a year ago in volume at just over 33,000 metric tons, and 13% higher in value at $186.3 million. U.S. Meat Export Federation (USMEF) President and CEO, Dan Halstrom, says this is partly driven by the post-COVID recovery in Mexico’s restaurant and …