Feedlot
APHIS confirms a New World screwworm case in a 22-month-old bovine transported from Veracruz to a feedlot in Nuevo León.
Margins widened this week this week for pork and beef producers while packer margins remain in the red for beef at -$34.67 and decreased for pork to $8.65.
While feedlot margins are declining in the beef industry, hog margins are increasing for U.S. pork producers. Here’s a look at the latest Profit Tracker from Sterling Marketing.
Beef packers were forced to pay up to acquire inventory last week and the result was a boost to feedyard profits and increasing packer losses. Pork prices and margins saw little change.
The summer slump has cut average industry cattle feeding margins by a third yet profits remain historically large. Pork margins also retreat from recent highs.
Cattle feeding margins remain near historic levels but the cost of replacements continue pushing breakevens to all-time highs. Pork producer profits hold above $50 per head.
Feedyard margins improved last week despite a $3 per cwt. decline in cash cattle prices.
Cattle feeders turned a tidy profit for the second consecutive week.
Beef production is slated to slow globally compared to pork and chicken.
A coalition of environmental, animal rights and citizen action groups filed two lawsuits Wednesday alleging the U.S. Environmental Protection Agency is failing to address air pollution problems from large-scale livestock farms.
Millions of cattle and hogs fatten up at Kansas’ more than 1,750 large-scale livestock feedlots, yet the state regulatory agency entrusted with overseeing those confined feeding operations has no full-time professional environmental engineers at the moment.
Resources have been created to help livestock producers develop plans for the continuity of business, movement and marketing of livestock, milk and wool in the unfortunate event of a foreign disease outbreak.