U.S. Beef Exports Fell in 2020, Rebound Expected
In 2020, the value of U.S. beef & beef product exports contracted 5.5 percent year-over-year, largely due to supply chain constraints and food service struggles in the wake of the COVID-19 pandemic.
Category: American Cattle News
American Cattle News 3/29 – 4/2
American Cattle News for week of March 29, 2021
Legislation Filed Mandating Packer Transparency in Cattle Trade
Two farm-state Senators have introduced a bill that requires meat processing facilities to purchase fifty percent of their weekly volume of beef slaughter on the open market.
American Cattle News 3/22- 3/26
American Cattle News for week of March 22, 2021
Import Prices Increasing, Led by Meat and Petroleum
U.S. import prices rose 3 percent in February from the same time last year, the largest 12-month advance since October 2018.
U.S. Beef Exports to Japan Face Increased Tariffs
According to the U.S.-Japan Trade Agreement, Japan has raised tariffs on U.S. beef imports to 38.5 percent for 30 days.
March 1 Cattle Inventory Second Highest on Record
Cattle and calves on feed for the slaughter market in the United States for feedlots with a capacity of 1,000 or more head totaled 12.0 million head on March 1.
American Cattle News 3/15 – 3/19
American Cattle News for week of March 15, 2021
Strong Beef Demand Propels Launch of Beef Index
With demand for beef growing around the globe, the CME Group is announcing the rollout of their Boxed Beef Index which reflects the prices paid for Choice and Select beef using the daily cutout values, as defined and reported by USDA.
Beef/Veal Demand Lifting Producer Price Index Higher
The Producer Price Index for final demand increased one-half of one percent in February according to the U.S. Bureau of Labor Statistics.
Declining Dollar and Fewer Cattle Imports Benefiting Beef
The decline in the value of the dollar has made the U.S. a less desirable target for beef from other beef producing countries.
American Cattle News 3/8 – 3/12
American Cattle News for week of March 8, 2021
U.S. Red Meat Exports Struggle to Find Traction
U.S. beef and pork exports opened 2021 below the large volumes posted a year ago, according to January data released by USDA and compiled by the U.S. Meat Export Federation.
Brazil and European Union Poised to Expand Exports
While the volume of agricultural exports is projected to expand over the next ten years, U.S. exports of major crop and livestock commodities are also expected to face stiff competition from Brazil and the European Union.
American Cattle News 3/1 – 3/5
American Cattle News for week of March 1, 2021
Caprock Cattle Educational Series: Global Exports
Floyd and Hale County’s Texas A&M AgriLife Extension Agents are your hosts for a series of talks with experts for the 2020 Caprock Cattle Educational Series.
Supply Chain, Fake Meat Top 2021 NCBA Priorities
Members of the National Cattleman’s Beef Association have set their priorities for 2021, and it’s no surprise that strengthening the beef supply chain is near the top of the list.
American Cattle News 2/22 – 2/26
American Cattle News for week of February 22, 2021
Changes Announced Relating to Mexico’s Cattle Export Program
USDA Veterinary Services recently announced changes to the bovine tuberculosis testing requirements for certain imported cattle from Mexico, which went into effect last Monday.
USDA Releases Latest Monthly Cattle on Feed Estimates
According to USDA feedlots have their second-highest inventory in 25 years.
New Legislation Protects Livestock Sellers From Fraudulent Buyers
USDA’s Agricultural Marketing Service recently announced a new Dealer Statutory Trust for livestock sellers.
American Cattle News 2/15 – 2/19
American Cattle News for week of February 15, 2021
Long Road to Rebuilding Restaurant Demand for Protein
For the animal protein industry, 2020 was the most volatile and for many, the most challenging year in history
American Cattle News 2/8 – 2/12
American Cattle News for week of February 8, 2021
American Cattle News 2/1 – 2/5
American Cattle News for week of February 1, 2021
Caprock Cattle Educational Series: Herd Health
Floyd and Hale County’s Texas A&M AgriLife Extension Agents are your hosts for a series of talks with experts for the 2020 Caprock Cattle Educational Series.
Disconnect Remains Between Fed Cattle and Boxed Beef
According to The Cattle Report boxed beef prices have been signaling the need for more cattle each week but processors are running at full capacity and unable to service the demand for beef.
U.S. Cattle Herd Slightly Smaller One Year Later
According to the National Agriculture Statistics Service biannual report on the U.S. cattle herd the domestic herd, as of January 1, 2021, totaled 93.6 million head, slightly below the same time one year ago.
American Cattle News 1/25 – 1/29
American Cattle News for week of January 25, 2021
USDA Institues Changes to LRP Insurance for 2021
According to the Risk Management Agency, the changes include increasing livestock head limits for feeder and fed cattle to 6,000 per endorsement, or 12,000 annually.
Despite Challenges Presented by Pandemic, Dairy Sales Impressive
How has the ongoing COVID-19 pandemic affected the dairy industry? According to the National Milk Producers Federation, retail dairy purchases that jumped at the beginning of the pandemic, have remained elevated since then.
American Cattle News 1/18 – 1/22
American Cattle News for week of January 18, 2021
Monthly Cattle on Feed Report Falls Within Expectations
Traders walked away from Friday afternoon’s monthly Cattle on Feed Report from USDA unfazed by the latest numbers.
Chinese Beef Production Slipping, Pork Production is Rising
Global beef production for 2021 is fractionally lower at 61.2 million tons primarily due to declines in China and the United States.
American Cattle News 1/11 – 1/15
American Cattle News for week of January 11, 2021
Feedlots Could Find Path to Profitability in 2021
COVID-19 and fluctuating fed cattle and feed prices resulted in another challenging year for cattle finishers. But current breakeven and fed cattle price projections suggest that net returns may close in on breakeven prices by July.
Plant-based, Meat-substitute Producer Aiming at Animal Agriculture Extinction
Whether the announcement by Impossible Foods represents demand growth or a lack thereof, the company making plant-based meat substitutes is dropping prices.
Record Beef Exports in November, Annual Exports Lower
U.S. beef exports posted one of the best months on record in November, according to data released by USDA and compiled by the U.S. Meat Export Federation.
American Cattle News 1/4 – 1/8
American Cattle News for week of January 4, 2021
Caprock Cattle Educational Series: Supplemental Feeding
Floyd and Hale County’s Texas A&M AgriLife Extension Agents are your hosts for a series of talks with experts for the 2020 Caprock Cattle Educational Series.
Cattlemen Meeting Virtually Prior to In-Person Industry Convention
Late last year, the National Cattleman’s Beef Association announced a postponement of the annual Cattle Industry Convention & NCBA Trade Show originally scheduled for early February in Nashville, TN until mid-August.
American Cattle News 12/28 – 1/1
American Cattle News for week of December 28, 2020
Dairy Producers Experiencing Higher Prices Fueled By Exports
According to the National Milk Producers Federation, the industry survived with government support and robust export markets.
USDA Announces First Significant Purchase of FMD Vaccine
The USDA has been working to develop a Foot and Mouth vaccine bank, and last week announced their first significant purchase.
Program Developed to Aid in On-Farm Biosecurity Plans
In collaboration with USDA and its Secure Beef Supply plan, the Beef Checkoff-funded Beef Quality Assurance program recently developed a Daily Biosecurity Plan for Disease Prevention.
American Cattle News 12/21 – 12/25
American Cattle News for week of December 21, 2020
American Cattle News 12/14 – 12/18
American Cattle News for week of December 14, 2020
Caprock Cattle Educational Series: Drought Risk Management
Floyd and Hale County’s Texas A&M AgriLife Extension Agents are your hosts for a series of talks with experts for the 2020 Caprock Cattle Educational Series.
American Cattle News 12/7 – 12/11
American Cattle News for week of December 7, 2020
Despite Record Exports to China, Beef Exports Lower
U.S. beef muscle cut exports were higher in October, though lower variety meat volumes pushed total beef exports slightly below last year.