Cattle and beef prices continue to set new records, and not by small margins. This week both slaughter steer prices and beef carcass cutout values blew away last week's record highs. Through Thursday, the 5-area average price for slaughter ...
Tags: Agriculture, Food, Cattle, beef
The recent USDA report on hog and pig numbers shows tighter supplies coming into 2014. Jim Robb of the Livestock Market Information Center says that report will impact beef prices a lot more than an average hog and pigs count. "We've had ...
Tags: Hog, Hog Supplies, Beef Producers
Soybeans were higher on fund and commercial buying, along with spillover from corn. 2013 soybean production was up on the year and larger than expected at 3.29 billion bushels, while quarterly stocks were up on the year, but ending stocks ...
Tags: Corn, Corn Futures Prices, Prices Jump
Soybeans were mixed ahead of Friday's USDA numbers. USDA's expected to report a big crop Friday, but that may be moderated by an increase in their export estimate, with the reports out at Noon Eastern/11 AM Central. China bought more U.S. ...
Tags: Grain, Grain Futures, USDA Reports
For the first time in nearly 10 years, the nation's beef herd may be poised for growth, which could mean relief from rising meat prices. But with the fewest cattle in the beef supply since the 1960s, slow growth won't cut prices anytime ...
Tags: Beef, Beef Herd, Growth of US Beef Herd
Last week, USDA Economic Research Service (ERS) released their estimates of monthly average retail meat prices for November. According to this data, beef prices continue to edge higher. Both average Choice and All Fresh retail beef prices ...
Tags: Meat, Agriculture, Food
As we enter the year 2014, I am sure many of you have established personal or business-related goals for the coming year. I know the whole New Year's Resolutions issue can be very exciting to some as we set such lofty goals as weight loss, ...
Tags: Beef Industry, Food
Retail beef prices are at record-high levels as 2013 comes to a close, which, normally, might be a signal that demand for beef is headed (or will soon be) south. However, there's great encouragement in the latest beef demand index put ...
Tags: beef, Agriculture, Food
The December Cattle on Feed report said the number of cattle in large feedlots was down 5.5% at the start of the month. November placements were down 3.1% and November marketings were down 4.5%, largely due to one fewer slaughter day. The ...
Tags: Beef Prices, Food
The USDA Economic Research Service (ERS) and Foreign Agriculture Service (FAS) released the latest beef trade data last week. The data for October, the latest month available, showed beef and veal exports up 5.4% over last year with the ...
Tags: Cattle Markets, Beef Exports
The Rabobank Global Cattle Price Index has risen by 6 percent since June, driven by lower-than-expected beef supply in the main exporting countries and strong Asian demand, according to a new report from the Rabobank Food & Agribusiness ...
Tags: Agriculture, Food
Texas A&M AgriLife Extension Service economists recently provided 2014 projections for major commodities produced in Texas, with many pointing to past drought conditions as a key factor in making or breaking a crop. The Plains region of ...
Tags: Agriculture, Food
It is within IT's power to ensure horse meat can never again contaminate products marketed as "beef". This is the view of Sarah Leslie, CIO of Iglo Foods Group, which operates the Birds Eye brand in the UK. "With all manufacturing, IT is ...
Tags: horse meat, Birds Eye, food safety