Rising feeder pig prices could be signaling optimism in the market. Prices reached nearly $64 per head last week and should continue to move seasonally higher, according to an analysis from the Livestock Marketing Information Center (LMIC).
The latest USDA Cattle on Feed report showed numbers continue to decline.
November pork exports were the biggest of 2022, both in volume and value, according to an analysis from the U.S. Meat Export Federation.
Beef prices remain robust to start the new year, supported by strong demand. University of Tennessee ag economist Andrew Griffith says it has been an eventful run for beef prices.
Higher feeder cattle prices could have producers looking at replacement heifers.
Numbers suggest the cattle herd inventory will continue shrinking in 2023.
The latest information showed a slight easing in inflation, but levels still remain well above target levels. The Livestock Marketing Information Center said inflation can have impacts for meat prices and livestock markets.
Analysts are watching the Choice-Select spread and what it means for consumer demand trends. University of Tennessee ag economist Andrew Griffith says while the current situation is not setting records, it still merits watching.
Pork cutout values continue their seasonal decline.
The latest Cattle on Feed report showed placements and on-feed totals even lower than expectations. South Dakota State University risk and business management specialist Matthew Diersen analyzed the numbers in his latest “In the Cattle Markets” column.
Feeder cattle have been showing strength this fall. University of Tennessee ag economist Andrew Griffith says this is running counter to the usual trends.
Livestock market analysts have been watching trends in meat exports, including beef exports on pace to set a record.
Analysts are watching meat-buying habits as the holidays draw closer. University of Tennessee ag economist Andrew Griffith said retailers and the food service industry are seeking to get beef for the holidays as consumers start to make Thanksgiving purchases.
The USDA’s most recent Cattle on Feed report indicated smaller inventory numbers are on the horizon.
Female beef slaughter has been running at a historic pace, the Livestock Marketing Information Center said.
The combination of drought and high feed costs continue to impact the cattle market.
Ag economists have been watching trends in beef production this year and what types of cattle are going to market. Brenda Boetel, ag economist for the University of Wisconsin-River Falls, said total production has been running higher this year. She wrote about production trends in her “In th…
Hog numbers as of Sept. 1 were down from a year ago, according to last week’s USDA Hogs and Pigs report. The data shows the inventory of all hogs and pigs at 73.8 million head, up about 1.8% from last quarter but down 1.4% from last year.
Cattle markets and livestock economists are parsing through the latest cold storage numbers. University of Tennessee ag economist Andrew Griffith says there is some nuance needed when comparing the situation to last year.
Recent data continues to indicate any expansion in the cattle industry is months away.
Beef exports continue to run higher than a year ago, based on the latest data. University of Tennessee ag economist Andrew Griffith says a variety of factors are driving this.
After a midsummer rally, pork cutout values continue their seasonal decline.
The livestock industry continues to watch U.S. and China relations, and what it could mean for beef exports to China. In his “In the Cattle Markets” column for the Livestock Marketing Information Center, University of Nebraska Extension livestock economist Elliott Dennis says the issue has b…
Cattle markets continue to position themselves ahead of the expected decline in the number of cattle. Persistent drought in parts of the country is pushing cattle to market, and this will mean less available cattle down the line.
Hog prices continue to be strong.