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Ag Market Prices and News

Beef, pork exports still face COVID obstacles

Beef, pork exports still face COVID obstacles

  • j.deyoung

Beef and pork exports both opened 2021 below last year’s large numbers.

Variety meats play key role in beef export market

Variety meats play key role in beef export market

  • j.deyoung

Muscle cuts may garner the headlines, but variety meat exports remain a key component in U.S. meat exports.

Pork exports break records, beef numbers down

Pork exports break records, beef numbers down

  • j.deyoung

Pork exports shattered records in 2020.

Heavier placements in areas impacted by drought

Heavier placements in areas impacted by drought

  • j.deyoung

Last week’s USDA Cattle on Feed report caught most analysts by surprise, with placements up 0.7% from a year ago at 1.842 million head.

Beef and pork export demand strong

Beef and pork export demand strong

  • j.deyoung

November beef demand resulted in one of the best months for exports on record, according to an analysis from the U.S. Meat Export Federation.

Several factors could be slowing pork production

Several factors could be slowing pork production

  • j.deyoung

U.S. hog numbers were down in last week’s USDA Hogs and Pigs report, but it’s probably too early to call this a trend.

Optimism around COVID could boost meat markets

Optimism around COVID could boost meat markets

  • j.deyoung

Beef and pork processors performed better than expected through the fall.

Beef demand expected to surge after holiday

Beef demand expected to surge after holiday

  • j.deyoung

A few analysts believed fed cattle prices could reach $115 by the end of the year, but work remains to be done to hit that target.

Slaughter weights indicate current marketing

Slaughter weights indicate current marketing

  • j.deyoung

Cattle marketing is staying fairly current, while hog marketing may be lagging.

Pork maintains record while COVID trims beef

Pork maintains record while COVID trims beef

  • j.deyoung

Pork exports continue on a record pace after a 10% increase in September.

Analyst: How much higher can soybeans go?

Analyst: How much higher can soybeans go?

  • Aaron Viner

A harvest season rally has been a pleasant surprise, but as with most rallies, watching for the right opportunity to sell is important.

Hog markets rebound from COVID disruptions

Hog markets rebound from COVID disruptions

  • Benjamin Herrold

Iowa State University Extension livestock marketing economist Lee Schulz provided an update on hog markets during the National Pork Board’s October webinar on Oct. 27.

Producers see slight rebound in beef exports

Producers see slight rebound in beef exports

  • j.deyoung

Pork exports continued on a record pace in July, while beef exports rebounded some but remain below 2019 numbers, according to an analysis from the U.S. Meat Export Federation.

Exports will be ‘wild card’ for soybeans

Exports will be ‘wild card’ for soybeans

  • Gene Lucht

Now that the Sept. 11 USDA World Agricultural Supply and Demand Estimates (WASDE) report is history, the trade is turning its attention to the fall harvest.

Reduced production affects cattle markets

Reduced production affects cattle markets

  • Benjamin Herrold

Cattle markets are seeing mostly light cash trade as some processing facilities have slowed production. Andrew Griffith, University of Tennessee ag economist, says it has meant less need for cash cattle purchases.

Analysts watch trends in boxed beef, feeder cattle

Analysts watch trends in boxed beef, feeder cattle

  • Benjamin Herrold

Cattle markets continue to see a lot of volatility as analysts try to figure out demand trends during a period when much of the country is staying home.

Pork supply could rely on exports for demand

Pork supply could rely on exports for demand

  • j.deyoung

Large supplies of pork will be coming down the pipeline in the coming months. The USDA released its quarterly Hogs and Pigs report last week, which included an overall inventory that was up 4% from a year ago, although down slightly from December 2019.

Cattle markets deal with large supply, uncertainty

Cattle markets deal with large supply, uncertainty

  • Benjamin Herrold

Cattle markets began the year dealing with large beef supplies, and now they are trying to sort out the impacts of the coronavirus outbreak.

Demand remains strong amid price volatility

Demand remains strong amid price volatility

  • j.deyoung

Roger Zylstra says there is only one word to describe the impact of COVID-19 on the ag community.

Exports break records ahead of virus impact

Exports break records ahead of virus impact

  • j.deyoung

Pork exports continued to break records in January, according to an analysis from the U.S. Meat Export Federation. January beef exports were also higher year-over-year.

Cattle industry works through declining futures

Cattle industry works through declining futures

  • Benjamin Herrold

After weeks of volatile and declining cattle markets, feeders have been looking to make deals, University of Tennessee ag economist Andrew Griffith says.

Grain-fed Australian beef forecast to set new records

Grain-fed Australian beef forecast to set new records

  • j.deyoung

The North American fed cattle industry continues to face increased competition from Australia, according to an analysis from the Livestock Marketing Information Center.

Livestock markets watch supply and demand trends

Livestock markets watch supply and demand trends

  • Benjamin Herrold

Analysts have been trying to sort out the cause of recent movement in cattle markets. As part of that, University of Tennessee ag economist Andrew Griffith has been watching beef demand trends.

Pork sets record while beef looks for growth areas

Pork sets record while beef looks for growth areas

  • j.deyoung

Pork exports set records in 2019, according to the USDA and an analysis from the U.S. Meat Export Federation.

Trade stats show record U.S. pork exports

Trade stats show record U.S. pork exports

  • Benjamin Herrold

The recently released December trade statistics finalized 2019, giving analysts a look at the export trends for the year, which saw pork set records.

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