U.S. beef, pork and lamb exports all opened the new year on a positive note, although market conditions suggest 2014 could be a challenging year for U.S. red meat exports, according to statistics released by the USDA and compiled by the ...
Tags: beef, Agriculture, Food, Red Meat
USDA's February WASDE increased their forecast of slaughter steer prices in 2014 by $2.50/cwt. They now expect the 5 area average for slaughter steers this year will be between $132/cwt and $140/cwt. USDA is predicting 2014 beef production ...
Tags: Agriculture, Food
German officials have identified one beef cow with a case of bovine spongiform encephalitis (BSE), the fatal neurological disorder also known as “Mad Cow Disease.” This is Germany’s first reported case since 2009. The ...
Tags: Mad Cow, neurological disorder
A combination of long-term feed price movement and recent stormy winter weather have combined to ignite record-high cattle and beef prices, and between those factors, a lag in cow slaughter and a strong export market have the market on ...
Tags: Beef Prices, long-term feed price
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 forecasts for total red meat and poultry production for both 2013 and 2014 are lowered from December. For 2013, beef production is raised, but pork, broiler, and turkey production are reduced. The forecast for 2014 is reduced as lower ...
Tags: Hog, USDA Wasde, US Hog Prices
The ban on U.S. pork and beef exports to Russia over ractopamine is costly for American producers, but not as much as was recently reported by the U.S. Ambassador. U.S. Ambassador to Russia Michael McFaul told a Moscow business newspaper ...
Tags: Agriculture, 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
A new trade agreement has opened the door to UK exports of beef to Singapore worth an estimated £10 million a year to the UK economy. Singapore's ban on UK beef, put in place following the identification of BSE, has been lifted ...
Tags: Beef Exports, Food
JBS, a Brazilian meat manufacturer, has completed the acquisition of beef processor Independencia for BRL268m ($142.8m). JBS had announced its intention to acquire Independencia's beef business in April 2012. The company funded the ...
Japan is set to lift the restrictions on beef imports from Canada by allowing beef from animals aged up to 30 months from 1 February. The new regulation expands the current requirement, which only allows beef exports from animals aged 21 ...
Tags: Japan, beef imports, Canada
Canadian beef exports to China are set to rise following certification for a further four of Canada's processing plants. Chinese officials have given the green light to the beef processors as part of a 2011 trade agreement that saw ...
Tags: Canadian Beef, Beef, beef exports
The US government has again cut its forecast for corn yields as the impact of the worst drought in the country for 50 years becomes clearer. Washington said the US corn yield is set to be the lowest since 1995-96, sending futures to a ...
Tags: US government, corn yields, drought, food industry
WHEAT:The 2012/13 U.S.wheat balance sheet is unchanged this month;however,small by-class adjustments are made to projected exports and stocks.Projected exports for Hard Red Winter wheat are lowered 25 million bushels with Hard Red Spring ...
The US has lifted the ban on beef exports from Japan,which was imposed in April 2010 after foot-and-mouth disease was found in Japanese cows. This move comes after a review of Japan's food safety measures revealed that the beef posed no ...
Tags: ban, beef, foot-and-mouth disease