Livestock Markets
Secretary Rollins takes decisive action and shuts down cattle, bison and equine trade due to further northward spread of the devastating pest in Mexico.
Check out Sterling Marketing’s Pork Profit Tracker Ending the Week of April 5.
Check out the Sterling Marketing Pork Profit Tracker ending March 22.
Farrow-to-finish margin $47.33, up from a week ago.
USDA report estimates cattle and hog prices forecasted for rest of 2024 and into 2025 raised based on recent prices and the continued strength in beef and pork demand.
U.S. Meat Export Federation announces new records for volume and value for pork exports will be achieved in 2024. While not as strong, beef exports are holding their own, led by Mexico purchases.
EU’s pork production hit the lowest level in nearly 25 years. So, what’s causing pork production to take such a drastic drop? One reason is EU environmental regulations that have forced producers to cut back production.
Pork export value in March was the highest in three years and the fifth highest on record. Beef exports in March highest in 2024.
Global meat consumption will decline as inflation squeezes consumer spending because of the Ukraine-Russian War, says Rupert Claxton, livestock and met director at Gira.
Colin Woodall, NCBA CEO, says the DOJ has an “obligation” to provide full transparency and finish the investigation to give cattle producers the full scope of the issue.
A new USDA Market News Mobile Application will provide the supply chain with instant access to current and historical market information, including over 800 livestock, poultry, and grain reports.
Dr. Pat Westhoff joins AgriTalk’s Chip Flory to share his spin on the latest trends in crop markets, livestock outlooks and projections for net farm income.
The Chinese pork industry has been transforming — with the shift from backyard farms to megafarms — ASF accelerated the change.
Smithfield Foods said on Wednesday it will pay $83 million to settle litigation that accused several companies of conspiring to limit supply in the U.S. pork market to inflate prices and their own profits.
Although the rising price of U.S. hogs is impacted by the African swine fever setbacks China is experiencing in their hog herd, experts say it’s not the primary driver why prices are soaring in the U.S.
Cash traded weaner pig volume was above average this week with 40,500 head being reported which is 103 percent of the 52-week average. Feeder pig reported volume was below average for the week, with 7,705 head reported.
Looking at hog sales in December 2019 using December 2019 futures the weaner breakeven was $58.60, up $0.76 for the week.
The profit potential decreased $3.77 this week to a projected gain of $8.86 per head.
Cash-traded weaner pig reported volume was above average this past week, with 53,200 head reported.
Driven by higher estimates for pork, the China total meat import forecasts were revised up for both 2020 and 2021, according to the USDA Livestock and Poultry World Markets and Trade report.
Several plants have been suspended in Brazil but only one has in the U.S., where more than 16,000 meatpacking workers in dozens of plants have been infected with coronavirus.
As crop farmers debated the July World Agricultural Supply and Demands Estimates (WASDE) report, livestock producers anxiously watched for changes in the 2019 red meat and poultry production forecast.
Shares in meat companies like Tyson Foods Inc. and Pilgrim’s Pride Corp. have been rallying. Now a spike in corn and soybean prices is fueling the biggest selloff of the year.
Livestock farmers are facing a combination of headwinds and tailwinds—as well as a lot of unknowns.
While there are many factors at play, improving exports and packer competition are driving prices higher.
The 2018 Winter Olympics will begin February 9 in Pyeongchang, South Korea and athletes are preparing to be on the global stage.
China made its second-largest purchase of U.S. pork this week. Rabobank says China will need to continue to source protein from the U.S., as the list of countries able to export is short.