Industry
Sends baseline report to Congress.
Farmers are anxious to begin spring planting, but “hope” is now the predominant emotion driving grain marketing plans.
Brian Grete and Julianne Johnston discuss demand concerns in the meat markets on this week’s Pro Farmer Profit Briefing.
Recent developments from Russia and China raise questions about ractopamine’s use.
Says will be able to meet the March 1 deadline.
Cattle futures climbed on concern that a second snowstorm in the U.S. Great Plains will disrupt movement of animals and beef supplies.
Cattle futures declined for the second straight day on speculation that higher prices for U.S. beef are slowing consumer purchases of the meat.
Says its reviewing changes to meet customers’ needs.
Group outlines top five opportunities for 2013.
Editor Chip Flory and Senior Market Analyst Brian Grete discuss 13 things to watch in 2013.
It’s no surprise the 2012 drought left pork producers with short, and expensive, feed supplies. The pork sector will not see much relief until mid-2013.
But the index improved slightly from the previous month.
Beef stocks topped expectations.
United States inventory of all hogs and pigs on December 1, 2012 was 66.3 million head.
Through August 2012 domestic pork demand was down 1.3%, export demand was up 3.3%, and live hog demand was down 0.2%.
The National Pork Producers respond to a Consumers Union “Study” finding bacteria in pork.
But index remains above important 100-point level.
Both beef and pork exports in the third quarter remain ahead of last year’s record-setting pace.
FFA kids in Streator, Ill., are raising pigs to help feed people in their community who would otherwise not be able to afford protein in their diets.
Index signals expansion in industry, which is good for red meat demand.
U.S. inventory of all hogs and pigs on Sept. 1, 2012 was 67.5 million head; up slightly from same time last year and up 3 percent from June.
Pork producers are expected to continue to suffer very large losses after already operating in the red for the last six months.
Rising feed costs are increasing herd liquidation, raising pork production to levels that is stressing pork cutout values.
Beef exports in July largest of the year.
Also notes that drought has impacted conditions in the Midwest.
Specialist answers questions re: testing corn for feed.
United States inventory of all hogs and pigs on June 1, 2012 was 65.8 million head.