Markets

June beef exports steady

Most of the focus on international trade last week, though, was on Russia’s announcement to prohibit imports of several food products from countries that imposed economic sanctions on Russia due to its involvement in Ukraine. U.S. beef was included on that list of banned products. FULL STORY »

Schwieterman: Feeder cattle futures settled sharply lower Tues.

Feeder cattle futures settled sharply lower on Tuesday, with more than 2.50 losses in most contracts. FULL STORY »

5 Area Daily Wtd Avg Direct Slaughter Cattle - Negotiated

LM_CT100 St Joseph, MO Wed Aug 13, 2014 USDA Market News Service 5 AREA DAILY WEIGHTED AVERAGE DIRECT SLAUGHTER CATTLE - NEGOTIATED Texas/Oklahoma/New Mexico; Kansas; Nebraska; Colorado; Iowa/Minnesota feedlots (Includes all transactions regardless of delivery day) Recap for: Tuesday, 8/12 FULL STORY »

Texas to Mexico Daily Livestock Exports

AL_LS600 Las Cruces, NM Wed Aug 13, 2014 USDA Market News Texas to Mexico Daily Livestock Exports FULL STORY »

Total meat production up due to heavier weight cattle

Total meat production for 2014 has increased since last month, says the latest USDA World Agricultural Supply and Demand Estimates report. FULL STORY »

Corn was the exception to the bearish ag market rule Tuesday

Corn futures bounced on Tuesday’s production data. Today’s USDA Crop Production report stated the forthcoming corn crop at 14.032 billion bushels, which fell moderately below the average of analyst estimates. FULL STORY »

Just how big is the 2014 corn crop? USDA sees record harvest

Cool, ideal summer weather set high expectations for the country’s corn crop, and the USDA’s latest World Agricultural Supply and Demand Estimates report shows just how much the crop benefited. FULL STORY »

Ag markets moved mostly lower after Tuesday's USDA reports

Corn futures bounced on Tuesday’s production data. Today’s USDA Crop Production report stated the forthcoming corn crop at 14.032 billion bushels, which fell moderately below the average of analyst estimates. FULL STORY »

Monday Market Sentiment: Fed cattle prices continue two-week fall

After tipping record highs, fed cattle prices have continued a two-week fall, dropping the 5-area cash price from $162.79 to $159.94. Speculations attribute this to Russia’s announcement of banning beef trade and other agricultural commodities with the U.S. for one year. However, if that is the case, the ban is projected to have little lasting impact to the market. FULL STORY »

In the Cattle Markets: Feedlot profitability

Substantial discussion within the industry and corresponding media coverage has focused on “sticker shock” some consumers may have at the beef retail counter as well as profitability of cow-calf producers and corresponding prospects for herd expansion. FULL STORY »

USMEF Audio Report: Hosting Congressional delegation from Mexico

This week the U.S. Meat Export Federation is hosting a Congressional delegation from Mexico for a firsthand look at U.S. meat production. Also included in the delegation is the coordinator of livestock development for Mexico’s Department of Agriculture, Livestock, Rural Development, Fisheries and Food. FULL STORY »

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