A new report, “Prices Under Pressure in a Supply-Driven Market: Global Outlook for Animal Protein in 2017” from the Rabobank Food & Agribusiness Research and Advisory group finds: • High supply and competitive market expected to push down current prices • China forecast to maintain record levels of pork imports into 2017 • More complex production market forecast, with pressure … Read More
CattleFax Webinar on Cow-Calf Market in 2017
An upcoming free CattleFax webinar will address if the lows have been established for the cattle industry as well as provide an outlook for the cow-calf and entire beef industry for 2017. The CattleFax Trends+ Cow-Calf Webinar will be Jan. 25, 2017, at 5:30 p.m. MT. To participate in the webinar and access program details, producers and industry leaders simply … Read More
Pork Board Discusses Industry Trends
The National Pork Board hosted a media teleconference this morning to address the current state of U.S. pork production, highlight current market trends, and define the impact these trends are having on America’s 60,000 pork producers. Speaking on the call were Jan Archer, National Pork Board president, Len Steiner, Steiner Consulting Group, Patrick Fleming, Director, Market Intelligence and Innovation for … Read More
USMEF Bullish on TPP & Meat Exports
The U.S. Meat Export Federation’s (USMEF) latest stats are out on U.S. pork, beef and lamb. Thad Lively, Senior Vice President, USMEF, was onsite at NAFB’s Trade Talk to highlight those export numbers along with trade and the new presidential administration going forward. “The numbers are very encouraging. Beef exports are up 8%, pork exports are up 5%. That’s from … Read More
NCBA Talks Trade, New Administration & Markets
Agricultural policies are the name of the game for the National Cattlemen’s Beef Association (NCBA) when representing our nation’s beef producers in Washington D.C. As farm broadcasters gathered for this year’s NAFB Trade Talk, they were again on-hand to talk key issues as we prepare for new leadership. Colin Woodall, Vice President of Governmental Affairs, NCBA, said “I think when … Read More
October Dairy Market Report
The October issue of the National Milk Producers Federation and Dairy Management Inc. Dairy Market Report shows milk prices continued a generally solid recovery from their late-spring low through August, but subsequent changes in Class III and Class IV prices and increased milk production suggest milk prices may have reached a ceiling for the time being. Milk prices continued a … Read More
NFU Thanks Lawmaker Support for Direct Dairy Assistance
National Farmers Union (NFU) praise several lawmakers for their support of critically needed assistance for the nation’s dairy sector. Two letters, championed by Sens. Patrick Leahy (D-Vt.) and Jeanne Shaheen (D-N.H.), were sent to the Office of Management and Budget (OMB) Director Shaun Donovan and Senate Appropriations Committee leadership, respectively, requesting direct financial aid to farmers and broader authority for … Read More
Senate Passes Modernized Livestock Rule
U.S. Senator Pat Roberts, R-Kan., Chairman of the Senate Committee on Agriculture, Nutrition, and Forestry, applauds unanimous Senate passage of H.R. 5883, the Clarification of Treatment of Electronic Sales of Livestock Act of 2016. H.R. 5883 passed the House of Representatives earlier this week and is identical to S. 3350, introduced by Agriculture Committee Member Sen. Thad Cochran, R-Miss. H.R. … Read More
CattleFax Announces Outlook & Strategies Seminar
The cattle industry is facing larger domestic supplies for 2017 and 2018, and pork and poultry production will be record large as well says CattleFax. Beef industry participants will feel the far-reaching influence of livestock expansion well beyond 2016. CattleFax will discuss those implications in detail during its Outlook & Strategies 2017 Seminar on Tuesday, Nov. 29, 2016 in Littleton, … Read More
Farm Bureau Fall Harvest Marketbasket Survey
The American Farm Bureau Federation’s (AFBF) Fall Harvest Marketbasket Survey indicates lower retail prices for several foods, including eggs, whole milk, cheddar cheese, chicken breast, sirloin tip roast and ground chuck. The informal survey shows the total cost of 16 food items that can be used to prepare one or more meals was $49.70, down $4.40 or 8 percent compared … Read More