Marketing-Communications
Total U.S. red meat and poultry production in 2014 is projected to be above 2013, while milk production is also forecast higher thanks to lower feed costs and relatively strong prices.
Cattle futures gained for the sixth time in seven sessions on signs of increasing demand for beef in the U.S. as meatpacking plants process fewer animals.
But beef export results were mixed with beef export volume down but beef values up.
While milk production forecast is slightly reduced.
Total beef exports were up 47.2% in value and 25% in volume, while total pork exports jumped 15% in value and 8 % in volume.
The Department of Justice and USDA team up to find out where enforcement efforts need to focus.
The reauthorization extends mandatory price reporting for five years.
President’s grades are mixed on four major agricultural issues, says ag policy expert.
Lower prices for corn, wheat, and soybeans will push down the value of American exports in 2015, according to the quarterly forecast released Thursday by the USDA.
World food costs fell for the first time in three months in April as dairy, sugar and vegetable oil costs declined, the Food & Agriculture Organization said.
The forecast for 2011 total meat production is lowered from last month as lower beef production more than offsets higher expected pork and turkey production.
The forecast for 2011 total meat production is raised from last month reflecting higher beef production.
Total U.S. meat production in 2012 is projected to be about unchanged from 2011 as lower beef production largely offsets higher pork and poultry production.
Dramatic price moves have many in the industry wondering when rationing will begin and which sector of the industry is most vulnerable.
Hook space is growing along with the current pork herd, and pork prices have been feeling pressure.
The U.S. dollar has been losing some strength, which is making the U.S. more competitive in the export market with Brazil and Argentina.
Two new pork processing plants came online the beginning of the month in Coldwater, Mich. and Sioux City, Ia. That relieved some of the pressure on the producer end, but now the question is if there’s enough demand on the processed side.
New pork processing plants in Coldwater, Mich. and Sioux City, Ia. is changing the supply side of the hog market.
Hog prices in 2017 have been fairly impressive, and strong consumer demand is keeping the lean hog market strong.
Overall meat demand continues to uphold breakout prices for pork packers and finishers.
Talks of pulling out of the North American Free Trade Agreement (NAFTA) is sending ripples through the pork industry, which has seen impressive demand so far this year.
Last month, the USDA released its first quarterly Hogs and Pigs report in 2017, breaking four records in the first quarter of the year.
The USDA’s quarterly Hogs and Pigs report is due out Thursday.
From the Renewable Fuels Standard to risk management, it’s time to get serious about developing a marketing strategy for this year.
As grillers welcome cheaper pork now, money managers are betting that costs will climb again as demand strengthens.
Bacon is having its moment. It’s always been popular, but now, driven by reduced cost, that popularity has exploded.
Cotton, grains and oilseeds are the worst-performing commodities this year in the Bloomberg index.
Also, breeding inventory was up slightly from last year and up slightly from the previous quarter.