100-Dollar-Ideas
Cattle feeding margins increased $50 per head last week as cash cattle prices improved $5 per cwt.
Last week’s $2.50 rally in the cash market was another step in the right direction, but closeouts remain $26.46 per cwt. short of break even.
Cattle feeders hope the cash market found its bottom last week.
Uncharted territory. That’s where America’s cattle feeding industry finds itself as fed cattle lose $611 per head.
The march toward break even for cattle feeders stumbled last week as average losses increased $36 per head, leaving closeouts $113 in the red, according to the Sterling Beef Profit Tracker.
A cash market rally helped add $62 per head to feedyard margins last week, ending with total average profits of $212 per head, according to the Sterling Beef Profit Tracker.
Producers may be eligible for payments for livestock losses in bad weather and wildfires.
House Agriculture Committee Chairman Michael Conaway said he’s delaying the release of a draft version of the 2018 Farm Bill as he seeks bipartisan support.
After remaining fairly steady from 2008 to 2014, total U.S. meat production began to sharply increase in 2015—and consumers have responded by increasing annual meat consumption by 20 lb. in recent years. Cheaper feed and growing domestic and international demand have factored into growth. With relatively stable feed costs projected for the next couple of years, meat supplies will continue to increase faster than the rate of population growth in the U.S. through 2018, according to the Food and Agricultural Policy Research Institute.
Russia banned pork from Brazil at a time that imports from the Latin American country, the biggest foreign supplier of the meat, have been rising
The Trump administration’s decision to withdraw proposed GIPSA rule upsets Republican Iowa lawmaker
Beef, pork and chicken producers could add another 3 billion pounds of meat in the coming year.
China’s second-largest online mall to buy more than $1.2 billion of U.S. beef & pork over next three years.
A report last week from Mighty Earth, a campaign of the Center for International Policy, took a break from criticizing farmers and ranchers that raise livestock for meat, and instead turned their attention to the meat companies and feed suppliers (ie. crop farmers), asking them to provide “pollution-free” feed.
Early in March, a massive wildfire swept across the Southern Plains states, burning 1.5 million acres of grassland, and affecting farmers and ranchers in three states--Texas, Oklahoma, and Kansas. The human cost was significant--the rapidly moving fire killed seven people, either trying to save cattle or flee their homes. While the economic cost is still being tallied, we do know that at least 20,000 head of cattle and hogs were killed and an estimated 18,000 miles of fencing was destroyed.
Sustainability, consumer perceptions and building consumer trust discussed during first day of the 2015 Animal Agriculture Alliance Stakeholders Summit.
Eight associations seek to delay the implementation of the proposed country-of-origin labeling rule until the WTO determines compliance.
The new video Is part of continuing Glass Walls Project to increase transparency in the meat and poultry industry.
The American Society of Animal Science says a recent report blaming antibiotic use in food animals for the presence of antibiotic resistant bacteria overlooks important facts.
Japan opens beef trade; conversely, trade barriers and other obstacles seem to be emerging at a rather alarming rate in 2013.
Labeling would require the origin designations to include information about where each of the production steps occurred.
The first month of 2013 offered a mix of good news and challenges for exports of U.S. beef and pork during January
The cuts could impact the physical delivery and cash settlement mechanisms of certain CME livestock and dairy products.
National Cattlemen’s Beef Association issues a statement regarding the possible 15 day furlough of all FSIS employees.
Higher feed costs and lower herd numbers are primary factors.
U.S. pork exports for the first 11 months of 2012 continued to exceed the record-setting pace of 2011.
For drought-forced livestock income, there is help in the form of income deferment and averaging.