We told you earlier this week that after the U.S. Department of Agriculture released their October Cattle on Feed Report, the new numbers added more evidence to the fact that the U.S. beef herd is shrinking. Gary Crawford has more details on the latest numbers and what it means for cattle prices going forward. Sponsored ContentFlorida Cattle Enhancement Board Provides Critical Funding …
Florida Beef Council Attends National Meeting
The Beef Checkoff was the main topic during recent meetings held in Denver, Colorado. Florida Beef Council (FBC) Director of Marketing and Promotion, DeAnne Maples, says the event was beneficial for them to attend to gain information about implementing programs here. For more information, contact the Florida beef Council office in Kissimmee. Sponsored ContentFlorida Cattle Enhancement Board Provides Critical Funding To Enhance …
Georgia Beef Board Promoting Macon Burger Week
A big Beef Checkoff event is taking place next week in Georgia, as Macon Burger week will be held November 1-7. Taylor Evans, director of public relations for the Georgia Beef Board (GBB), says some favorites will participate again this year along with some new restaurants. More information can be found at maconburgerweek.com. Sponsored ContentFlorida Cattle Enhancement Board Provides Critical Funding To Enhance …
Alabama Agriculture Keeping an Eye on Special Legislative Session
Alabama lawmakers will be back in Montgomery this week, as Gov. Kay Ivey called a special session to address redistricting. Alabama Cattlemen’s Association (ACA) Executive Vice President, Erin Beasley, says they will be keeping an eye on things to make sure agriculture is well represented. For more information contact the ACA office in Montgomery. Sponsored ContentFlorida Cattle Enhancement Board Provides Critical Funding To Enhance …
New Cattle Feedlot Report Points to Shrinking Beef Cattle Herd
The U.S. Department of Agriculture (USDA) has released the October Cattle on Feed Report, and it indicates 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 11.6 million head on October 1, 2021. That is 1 percent below October 1, 2020, but is the second highest …
Livestock Market Reports for Week Ended 10-22-2021
Here are the weekly livestock market reports for Alabama, Florida, and Georgia for the week ended October 22, 2021, compiled by the Livestock Market News Service for all three states. AL Livestock Market Report: At Alabama Livestock Auctions, for the week ending October 22, 2021, receipts at 21 markets totaled an estimated 14,300 head compared to 17,454 last week and …
Increase Expected for Beef and Poultry Production, Decrease for Pork
USDA’s latest forecast shows production of two major meat types moving in opposite directions. According to World Agricultural Outlook Board Chair Mark Jekanowski, beef production is expected to increase. But, he says they reduced the pork production forecast. And when it comes to poultry production, Jekanowski says USDA is forecasting year-over-year growth. Sponsored ContentFlorida Cattle Enhancement Board Provides Critical Funding …
Larger Livestock Loans Boost Farm Lending
Demand for livestock loans grew in the third quarter, boosting agricultural lending activity. However, demand for operating loans was more subdued, and total non-real estate lending remained near its average of the past decade. The Kansas City Federal Reserve Bank Wednesday said the average size of loans for some livestock categories reached an all-time high and contributed to the increased …
Legislation Introduced to Provide Pricing Leverage for Cattle Producers
Wednesday, Ranking Member of the Livestock & Foreign Agriculture Subcommittee Dusty Johnson (R-S.D) and Representative Henry Cuellar (D-TX-28) introduced the bipartisan Cattle Contract Library Act of 2021 (H.R. 5609), which would create a library for cattle contracts within the USDA’s Agriculture Marketing Service. Currently, USDA maintains a pork contract library, and following significant volatility in the cattle market and the release of the …
Georgia Cattlemen’s Convention Set for Savannah in 2022
By Clint Thompson The stage is set for the 2022 Georgia Cattlemen’s Convention, which will be held on Feb. 16-18 in Savannah, Georgia. Dale Sandlin, executive vice president of the Georgia Cattlemen’s Association, discussed what producers can expect during next year’s convention. “Our convention planning committee has been working very hard to make sure we have our plans set up …