NCBA Hosting Webinar on Beef Trade

Lizzy SchultzAg Group, Beef, Cattle, economics, International, Markets, NCBA, Trade

As trade issues become increasingly prevalent in headlines throughout both the agricultural media and the popular press’ coverage of the current election season, the National Cattlemen’s Beef Association (NCBA) will be hosting a webinar on international trade beef trade. The webinar will take place May 12, 2016, at 7:00 pm CST. Trade has long been an important component of the … Read More

NMPF Economist Talks Impact of Declining Milk Prices

Lizzy SchultzAg Group, Audio, Dairy, economics, Export, Export, International, Markets, Milk, National Milk, Trade

Since the record highs of 2014, when milk was priced at well above 25 dollars per cwt, U.S. milk production has continued to grow at record numbers, and the USDA has projected that a record 212 billion pounds of milk will be produced in the U.S. in 2016. The demand, however, has begun to slow, and this new dynamic of … Read More

NMPF March Dairy Market Report

Lizzy SchultzAg Group, Agribusiness, Dairy, economics, Export, Export, Markets, National Milk

The National Milk Producer’s Federation (NMPF) March Dairy Market Report notes that while domestic use of milk continues to outpace production, prolonged weakness in world dairy markets is weighing more heavily on U.S. milk prices, particularly the price of skim solids. Production of the major dairy commodities is continuing to increase faster than milk output, with the exception of the … Read More

WI Dairy Farmers Question Trump On #FarmLabor

Lizzy SchultzAg Group, Agribusiness, Dairy, Dairy Business, dairy farming, economics, Farming, Labor, Policy, politics

Many Presidential candidates are spending a significant amount of time in Wisconsin this week in anticipation of the state’s presidential primary next week, including Republican presidential candidate Donald Trump, and the Wisconsin dairy community used the many political events as an opportunity to help the candidate understand the incredibly important role that immigrant labor plays in the Wisconsin agricultural sector … Read More

Animal Ag Supports National Economy

Lizzy SchultzAg Group, economics, Farming, Livestock, Production, Research, soybeans

A new soy-checkoff-funded study has found that animal agriculture plays a signifiant role in the support of the nation’s economy. The analysis shows animal ag, U.S. soy’s top end user, increased gross national product by $123 billion in economic output, improved household earnings by over $21 billion and added 645,629 jobs from 2004-2014. According to the Economic Analysis of Animal … Read More

Rabobank Quarterly Report on South American Beef Exports

Jamie JohansenAgribusiness, Beef, economics, Export, Markets, Price

Rabobank Food and Agribusiness Research (FAR) and Advisory group have released a new report on their “Beef Quarterly Q1 2016: South American Exports to Rise.” The report finds South America’s beef exporters are set to increase exports by an estimated 11% in 2016. This increase is supported by favorable currency values, improved access to importing countries and increased availability of … Read More

USMEF Reports on Peruvian Exports

Lizzy SchultzAg Group, Audio, Beef, economics, Export, Export, International, Meat, Trade, usda, USMEF

This week’s Weekly Audio Report from the U.S. Meat Export Federation (USMEF) discusses the recent announcement from USDA that Peru has lifted all remaining BSE-related restrictions and granted full market access for U.S. beef. In the Report, Senior Vice President for Global Marketing Dan Halstrom explains that Peru is already a well-established destination for U.S. beef exports, and that allowing … Read More

DFA Reports 2015 Financial Results

Lizzy SchultzAg Group, Agribusiness, Dairy, Dairy Business, DFA, economics, Finance, Marketing

At the Annual Meeting held this week, Dairy Farmers of America (DFA) officials reported a net income of $94.1 million. The value is a significant increase from the Cooperative’s $43.1 million income in 2014, and is attributable to strong performances from DFA’s commercial operations and affiliates. DFA’s 2015 net sales totaled $13.8 billion, compared to $17.9 billion in 2014. Low … Read More

Pork Checkoff Presser on Hog and Pig Report

Lizzy SchultzAg Group, Audio, economics, Markets, Pork, Pork Checkoff, Swine, usda

The Pork Checkoff hosted a news media conference call following the USDA’s Quarterly Hogs and Pigs Report on Friday, March 25, 2016. Three distinguished agricultural economists: Dr. Scott Brown, Extension Livestock Economist, the University of Missouri, Dr. Lee Schultz, Livestock Economist, Iowa State University, and Altin Kalo, Senior Analyst, Steiner Consulting Group, were on hand to give their reactions to … Read More

Alltech Helping Growers Meet Goals

Lizzy SchultzAg Group, Alltech, Audio, economics, Health, Markets

Alltech Crop Science was working hard during the 2016 Commodity Classic, talking with growers about new ways to help them raise their bottom line during the tough growing season and sharing their latest yield-boosting technologies with attendees. “With commodity prices down, we have got to increase yield to make sure growers are making money at the end of the season,” … Read More