USMEF Talks Trade at #Classic16

Lizzy SchultzAg Group, Audio, economics, Export, International, Trade, USMEF

While the educational sessions and programs at Commodity Classic are heavily focused on crop farming and its related industry partners, several organizations from the animal agricultural sector made a presence at the 2016 event, showing the integration that exists among the different sectors of U.S. agriculture. The U.S. Meat Export Federation (USMEF) was one animal agriculture group with a presence … Read More

NMPF Releases Latest Dairy Market Report

Lizzy SchultzAg Group, Dairy, Dairy Management Inc., economics, Markets, National Milk

The National Milk Producers Federation (NMPF) has released the Dairy Market Report for February 2016. The report shows that U.S. milk production continues to grow at an annual rate of less than 1 percent, while domestic commercial use of cheese and butter continues to increase somewhat faster than production. Despite these trends, milk prices are weakening going into the first … Read More

Low Corn Prices Offer Benefits for Dairymen

Lizzy SchultzAg Group, corn, economics, ethanol, Markets, Price

While the decreasing price of corn has sparked concern throughout the agriculture industry, the resulting low feed prices do offer several benefits to livestock producers and the dairy industry. Low feed prices can help to soften the blow from the continued decrease in global price and demand for milk. Many factors seem to demonstrate that the new long-term “normal” for … Read More

UW-Extension Hosting Cattle Feeders Workshops

Lizzy SchultzAg Group, Animal Health, Cattle, economics, Events, Markets, Research, University

The University of Wisconsin-Cooperative Extension will be hosting seven Cattle Feeders workshops at locations throughout Wisconsin from February 22 through February 25, 2016. The forums will discuss the new Veterinary Feed Directive requirements, a market outlook, results of recent feeding trials, and overhead cost survey highlights. Adam Hady, UW-Extension Richland County agriculture agent, will present a discussion on the upcoming … Read More

Major Changes To Livestock Trading Announced

Lizzy SchultzAg Group, Cattle, economics, Finance, Livestock, Markets, NCBA

CME Group and the National Cattlemen’s Beef Association (NCBA) have made several announcements regarding the design of a number of steps that intend to help further enhance US livestock markets, which have become increasingly volatile. “Nothing is more important to us than the integrity of our markets, which help farmers and ranchers to discover prices and transfer risk,” said Tim … Read More

CattleFax Gives 2016 Market Outlook

Lizzy SchultzAg Group, Cattle, economics, NCBA

Recent price shock in the market and insights about the turbulence ahead were explained today to more than 2,000 beef producers at the CattleFax Outlook Session held during the 2016 Cattle Industry Convention and NCBA Trade Show. Many business have struggled with the downward spiral in price from record high cattle prices, but CattleFax CEO Randy Blach said the market … Read More

CWAS Offers 2016 Economic Outlook

Lizzy SchultzAg Group, Dairy, economics, Export, Export, International, Trade, Veterinary

Many dairy producers across the nation are struggling with low milk prices, and that trend isn’t looking to change anytime soon. Cody Heller, CEO/CFO of Central Wisconsin Ag Services, has broken down exactly what is happening on both the supply and demand sides of the dairy industry, and offers some advice for producers to make the most of the economy’s … Read More

Global Beef Report from Rabobank

Lizzy SchultzAg Group, Beef, economics, Export, Export, Imports, International, Policy, Trade

According to a new report from the Rabobank Food & Agribusiness Research and Advisory group, U.S. beef producers are seeing the nature of beef trade evolving as other countries have begun to produce beef under favorable export agreements. The new trade dynamics have resulted in the gaining value of the U.S. dollar, and domestic markets are making demands producers haven’t … Read More

Virginia Governor Proposes New Equine Facilities at Virginia Tech

Lizzy SchultzAg Group, economics, Equine, Government, Livestock, University

A recent announcement by Virginia Governor Terry McAuliffe included plans surrounding the funding for new and renovated livestock, poultry, and equine facilities at Virginia Tech University as one part of a proposed $2.43 billion bond package. The proposed facilities are part of several proposed capital improvement projects around the state, all of which are aimed at strengthening the commonwealth’s research … Read More

#WDE15 Focused on Global Dairy Policy

Lizzy SchultzAg Group, Agribusiness, Dairy, economics, Policy, Trade, World Dairy Expo

Mark Stephenson, Director of Dairy Policy Analysis for the University of Wisconsin College of Agriculture and Life Sciences, was one of many exceptional dairy professionals who spoke in front of international audiences during the 2015 World Dairy Expo. “Policy has been pretty important for us in the last couple of years as we had a Farm Bill approaching,” he said … Read More