Grimes and Plain
Cattle Outlook: U.S. beef exports up 10.7% from 2010
U.S. beef exports during October were up 10.7% compared to a year ago and beef imports were down 4.4%. During the month, we exported 70 million pounds more beef than we imported
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Cattle Outlook: USDA says 2012 U.S. beef down 4.6 percent
USDA is now predicting that 2012 U.S. beef production will be down 4.6% compared to this year. They also predict 2012 broiler production to be down 2.1%, but pork production is expected to be up 1.7% and turkey production up 0.7%.
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Cattle Outlook: Beef exports up 27% in first 3 quarters of 2011
The World Trade Organization has determined that the U.S. Country of Origin Labeling rules (COOL) are "inconsistent with the United States' WTO obligations" in part because they afford less favorable treatment to imported Canadian cattle and hogs. I assume this means the COOL regulations will change, eventually.
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Cattle Outlook: USDA reduces 2012 meat production by 5 percent
USDA's November crop report lowered their estimate of the 2011 corn crop yield by 1.4 bushels to 146.7 bushels per acre.
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Cattle Outlook: Fed cattle prices higher this week
Japan is moving to increase from 20 months or younger to 30 months or younger the allowable slaughter age of U.S. and Canadian cattle that can supply beef to Japan.
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Cattle Outlook: Placements of cattle under 600 lbs up 34% in Sept
USDA's October cattle on feed report said that the number of cattle on feed on October 1 was up 4.9% compared to a year earlier and above year-ago for the 17th consecutive month. This year's October 1 on feed number is the highest for that date since 2006.
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Cattle Outlook: Cattle on feed report slightly bearish
USDA's October cattle on feed report was slightly bearish. It said that the number of cattle placed on feed during September was up 0.2% and marketings were up 0.6%, leaving the number on feed October 1 up 4.9% compared to a year earlier.
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Cattle Outlook: Fed cattle futures move higher, Corn futures lower
USDA’s latest corn stocks report came in well above trade expectations, pushing corn prices still lower. USDA says September 1 corn stocks totaled 1.128 billion bushels, down 34% from a year earlier, but up 17% compared to trade forecasts. That’s good news for livestock producers.
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Cattle Outlook: August beef in cold storage, steer slaughter higher
USDA says that 0.8% fewer cattle were placed on feed this August than last. They report that August marketings of fed cattle were up 6.5%, in part due to one extra slaughter day.
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Cattle Outlook: 2012 red meat production to be lowest since 2009
The average price of choice beef at retail during August was $4.872 per pound, up 9.1 cents from the month before, up 49.8 cents from August 2010, and tied with the record set in May.
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Cattle Outlook: July beef exports 33 percent higher than a year ago
Beef exports during July totaled 272 million pounds, up 33.3% compared to a year ago and quite likely the largest monthly beef exports ever.
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- Cow slaughter through May likely to exceed same period in 2012
- Beef Quiz: Growing beef demand
- AFBF president issues statement on U.S.-EU trade negotiations
- E. coli test leads to National Beef recall
- Buckle your seatbelt for the House consideration of the farm bill
- Schwieterman: Higher new crop corn pressures cattle futures
- Will Smith dethroned in latest Peterson Farm Bros. parody
- 3,000 pounds of copper wire stolen from Oklahoma ranch
- Changes in U.S.-Mexican cattle and beef trade
- Crude oil expected to peak and cost of electricity to go down
- Peterson Brothers: What summer vacation?
- Experts weigh in on lowest beef supply in 60 years
