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If a seasonal price decline develops as anticipated, this year’s starting point for cattle feeders is the best in a decade. Pork producers notch their second week of modest profits.

Wholesale beef prices continue to support packer margins even as negotiated cash cattle trade well-above the five-year average. Pork producers enjoy a market rally that has lifted margins out of the red.

During a bilateral meeting on Thursday, U.S. Trade Representative Katherine Tai discussed with Mexico’s Secretary of Economy Tatiana Clouthier various issues concerning energy and biotech corn.

Erik Lichtenberg, University of Maryland professor, says Congress could reorient farm bill conservation funds for climate change, but it could cut into their support.

“Pork producers need the freedom to operate without worrying about excessive government regulation tripping them up, and that’s exactly what this bill will do,” says Rep. Zach Nunn (R-Iowa).

This year, U.S. pork exports to Chile have rebounded, increasing 30% through April year over year, reports the U.S. Meat Export Federation, fueled by retail and foodservice features.

Bridging the gap between the youth show ring experience and production ag is crucial for creating a pipeline of skilled and knowledgeable individuals who can contribute to the ag industry, says Rebecca Keel Stack.

Representatives from the U.S., Mexico and Canada will meet in Cancun, Mexico this week to discuss a series of disputes, including Mexican energy and biotech policies and Canadian dairy barriers.

Two new board members began their service with SHIC, including Joseph Dykhuis, a Michigan pork producer representing the NPPC on the SHIC Board, and Pete Thomas, DVM, with Iowa Select Farms, in an at-large position.

The National Drought Mitigation Center estimates 67% of corn and 60% of soybeans are still considered to be in drought, a slight improvement from last week when drought covered 70% of corn and 63% of soybeans.