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Industry

Cattle Outlook: U.S. cattle herd rose from 2014

The inventory data on the number of cattle in Canada at the start of 2015 were released this week. Although the U.S. cattle herd is larger than a year ago, the Canadian herd is smaller. Canada started the year with 11.915 million cattle and calves. That is down 2.5% from a year ago. Their inventory of beef cows was down 2.0% and their milk cow number was 0.3% smaller than a year earlier. The number of replacement beef heifers in Canada was down 1.5% at the start of 2015.

The U.S. cattle herd was 1.4% larger on January 1 and our beef cow herd was 2.1% larger than last year.

Industry

USMEF Market Expo Offers Firsthand Look at Abundant Opportunities in Japan

The U.S. Meat Export Federation (USMEF) Market Expo, a market education program that allows producers and other USMEF members to observe international market development activities for U.S. pork and beef, concluded Friday, March 6, in Tokyo. The delegation also traveled to Shanghai, China, earlier in the week, as detailed in this USMEF news release.

Cattle Feeding

Tips to maximize forage yields when establishing perennial forages

To maximize forage production in the year that you are establishing perennial forage consider these management strategies. First consider a late summer to early fall seeding for establishment of your cool season grass pasture and/or hay ground. Research in Nebraska has shown that by planting in the fall one can expect 85% to 90% production the following year either by grazing and/or hay yields compared to 50% production the first year with a spring seeding.

Cow/Calf Producer

Cattle Inventory for Tennessee: Is the beef herd growing?

The January 1 Cattle Inventory Report was released at the end of January and the report shows the first increase in all cattle and calves since 2007. Total inventory in the United States is still at its lowest point since 1952 except for 2014.

Industry

Iowa beef producers see value and stability on trade mission to Japan

The largest importer of U.S. beef told Iowa producers that they expect reliable access to a steady supply of high quality U.S. beef. The issue came up at every importer meeting held during a recent Iowa Meat Trade Mission to Japan. Iowa beef producers Steve Rehder, Hawarden, and Connie Richards, Tingley, were on the mission, Feb. 14-20, 2015.

Markets

Natural gas prices mixed to start March

Most natural gas prices in the East, Midwest, and South rose moderately over the week. The Henry Hub spot price rose from $3.17/MMBtu last week to $3.26/MMBtu yesterday. However, midweek, Henry Hub spot prices reached a weekly low on Friday, February 27 of $2.77/MMBtu before bouncing back by the end of the week.

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