The 11 remaining members of the Trans-Pacific Partnership (TPP)* recently announced plans to move forward with a modified trade agreement. U.S. Meat Exporter Federation (USMEF) Economist Erin Borror explains that if the agreement, now known as the Comprehensive and Progressive…
Body: Cash fed cattle prices declined more than $4 per cwt. last week, fueling a $28 per head decline in cattle feeding margins. The cost of feeder cattle calculated against last week's marketings declined $3 per cwt., softening the hit…
Body: Cash fed cattle prices declined more than $4 per cwt. last week, fueling a $28 per head decline in cattle feeding margins. The cost of feeder cattle calculated against last week's marketings declined $3 per cwt., softening the hit…
FED CATTLE: Fed cattle traded $3 to $4 lower compared to last week on a live basis. Prices on a live basis were mainly $118 to $120 while dressed prices were mainly $188 to $190. The 5-area weighted average prices…
The 14th largest cow-calf operation is getting out of the cattle business to concentrate on citrus growing. Alico Inc., a large agribusiness company in Florida, announced on Nov. 16 the company plans to cease its direct cattle operations at Alico…
The latest Rural Mainstreet Index (RMI) continues to be a broken record for ag bankers. The November reading fell below growth neutral, a sign of the stress in farm country. Professor Ernie Goss of Creighton University helps author the survey.…
Pork producers are optimistic about the future and for good reason. In a short one-and-a-half years, the industry has increased harvesting and processing capacity from 116.2 million hogs annually to almost 130.4 million head, according to USDA. A full 6%…
Cattle prices during the fourth quarter of 2017 were significantly stronger than expected. Higher prices caused 2017's calculated cow-calf return over cash costs plus pasture rent to be revised up. In fact, earlier in 2017, the forecast was for returns…
Barring a delay from a federal court, between 60,000 and 100,000 livestock and poultry operations will be mandated to file a report regarding on-farm air emissions beginning Wednesday, Nov. 15. The reporting is mandatory for farms that exceed the reporting…