A new report from the RaboResearch Food and Agribusiness Group looks at the growth of the U.S. Pork industry and the factors that could influence continued growth. Rabobank analysis shows the pork sector could grow 11 percent between 2017 and 2025. That growth will be supported by increasing production efficiency and adding additional processing capacity. These are the two most …
Beef Exports Remain Strong, Pork Slightly Lower
A monthly measure of meat exports shows U.S. beef posted another outstanding performance in August, remaining well above last year’s pace, and August pork exports increased from the previous month but were down slightly year-over-year. The U.S. Meat Export Federation reports that August beef exports totaled 112,000 metric tons, up five percent from a year ago and the largest of …
Exports are Critically Important to the Pork Industry
Exports are critically important to the swine industry. With large hog supplies, National Pork Board CEO Bill Even believes the significance of foreign demand will only grow. U.S. pork is known for its quality. Even as part of a National Pork Board trade mission to Japan and China. These markets are very different. The Japanese market is a …
Higher Supplies Keeping Consumer Meat Prices Lower
Higher supplies of meat will continue to pressure consumer prices lower, according to a forecast by the Department of Agriculture. The USDA Economic Research Service Food Price Outlook predicts beef and veal prices to decrease one to two percent in 2017 but increase the same amount in 2018. That’s because, in August, the U.S. cattle herd was at its highest …
Retail Meat Prices Slip Lower in August
Consumer prices for meat decline 0.4 percent in August, compared to figures compiled in July. A monthly report by the Bureau of Labor Statistics shows overall U.S. meat prices for consumers were lower on softer prices for beef roasts and ham. August prices fell 2.1 percent on beef roasts, 1.5 percent on beef steaks and 0.1 percent on ground beef. …
UF Researchers to Use Grant to Help Stop Influenza
University of Florida researchers will use a $2.7 million National Institutes of Health grant to study whether they can harness an unusual type of immune cell in pigs to treat and prevent influenza viruses in animals and humans. Although “natural killer T” – or NKT cells — are very rare, they can be very powerful and can stimulate immune responses …
NPPC Seeking ELD Waiver
The National Pork Producers Council Tuesday petitioned the Department of Transportation for a waiver and exemption for livestock haulers from regulations that NPPC says could harm animal well-being. The petition was filed on behalf of the pork industry and other livestock sectors and requests the waiver and exemption because of concerns about the Electronic Logging Device Rule. The petition also …
KORUS Withdraw Would Harm Pork Producers
Iowa State University says pork prices could fall by nearly five dollars per-animal if the U.S. withdraws from the U.S.-Korea Free Trade Agreement, known as KORUS. President Donald Trump suggested the action over the weekend, but the administration has backed away from those claims this week. National Hog Farmer magazine reports that if KORUS is terminated, the United States likely …
Pork Industry Pressing for FMD Vaccine Bank in 2018 Farm Bill
The pork industry is pressing for a Foot-and-Mouth Disease vaccine bank in the 2018 farm bill. The price tag would be high, but the industry argues the cost of an FMD outbreak would be even higher. Farm bill writers will already be under huge pressure to keep costs down in the 2018 bill. But the National Pork Producers Council wants …
Swine Disease Monitoring System in Development
Farm Journal’s Pork Network Dot Com reports the Swine Health Information Center has funded a nearly real-time monitoring system for swine disease across the globe. The system will include the capability for identifying potential hazards due to new diseases or potential changes in current diseases. It will also be able to screen the information collected and regularly report it to …