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Economics

Anaplasmosis in southern IL - need beef producers help

Hello all, It has been a while since I have posted anything but I have been on the road quite extensively the last two months in southern IL.  The reason I have been on the road so much is the grant that I received from the IL Beef Association.  I have had the opportunity to meet new cattlemen through out the 27 southern county region and am grateful for them allowing me to take blood s...

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USDA forecasts 2.3% growth in 2018 beef production

This article was published by Feedstuffs and can be found here .   The...

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Pink slime development

Does anyone remember the pink slime issue that occurred around 2011-2012?  I had completely forgotten about it.  However, I just read that the suit brought against American Broadcasting Companies Inc. (ABC) by Beef Products Inc. (BPI) will proceed to trial.  South Dakota circuit court Judge Cheryle Gering of the Union County Circuit Court in Elk Point, S.D., advanced a potential $5.7...

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Farmland prices slide in Illinois

Survey finds 5-14 percent decline last year Tom C. Doran AgriNews Publications Mar 27, 201...

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Another big meat processor invests in plant-based proteins

I find this to be an interesting concept for the protein based companies.  I originally found the article on MeatingPlace. Canadian meat processor Maple Leaf Foods announced it has signed a definitive agreement with Brynwood Partners VI L.P. to acquire Lightlife Foods, a leading manufacturer and brand of refrigerated plant-based protein foods in the United States, for $140 milli...

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Cattle industry still in expansion mode

With all the information out there and lack of key data, especially from the USDA, makes forecasting the cattle industry very daunting.  The USDA released its comprehensive Cattle report, which includes survey-based estimates of the all cattle and calves inventory, the calf crop, beef and dairy cow inventories, and a variety of other inventory estimates. James Minert, Purdue Extension, has used...

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CattleFax will expand online resources for non-members

Beginning Feb. 1, all cattle producers will have easy access to industry updates and management information on their mobile devices or desktops. The redesigned CattleFax.com and free CattleFax mobile application will become one-stop destinations for daily weather, futures markets, industry news, management tools and U.S. Department of Agriculture data. Traditionally, CattleFax market info...

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World beef markets and trade expected to grow in 2017

this article waws published on the Meatingplace website by Rita Jane Gabbett on 10/24/2016 by Derrell Peel, Oklahoma State University extension livestock marketing specialist The latest global...

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JBS and Marfrig send first batches of fresh beef to U.S.

By  Meatingplace on 9/20/2016 The three main beef producing companies in Brazil -- JBS, Marfrig and Minerva – have received authorization to start exporting fresh beef to the United States this m...

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USDA predicts net farm cash and income will drop in 2015

The nation's farms should prepare to see lower net cash and net income for 2015 if projections from USDA's Economic Research Service (ERS) prove true. ERS is forecasting that net cash income for U.S. farms is expected to fall by 27.7 percent in 2015 while net farm income is expected to drop by 38.2 percent in he largest single-year decline since 1983. This would be the second conse...

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Analyst dissects latest world beef trade data

By Derrell Peel, Oklahoma State University extension livestock marketing specialist Among top global beef exporters, the 2016 market situation is quite variable according to the latest USDA World Markets and Trade report for livestock and poultry. India passed Brazil in 2014 to become the No. 1 beef exporter in the world. India, which exports mostly meat from water buffalo, (...

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Meat label preferences explored

WHILE Congress considers repealing a law requiring country-of-origin labeling (COOL) on packages of beef, pork and poultry, marketing researchers at the University of Arkansas have found that such labels influence consumer perceptions about food safety and quality. Researchers found that consumers preferred meat from the U.S. when provided with information only about where the anim...

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Beef industry roadmap presented

I enjoy reading Feedstuffs articles and came across this one that you might be interested in.  It was originally published on line here . DURING the recent Cattle Industry Summer Conference in Denver, Colo., 16 beef industry leaders on a task force representing every link in the beef value chain...

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BMC: Cattle prices lowered for 2015 and 2016 in WASDE report

Cattlemen recently have seen prices decrease, especially for feeders.  I found this article and think it is relevant.  Hope you find it helpful.   Cattle prices for 2015 and 2016 are reduced from last month on weaker demand and larger supplies of competing meats. Ho...

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COOL report shows producer, consumer losses

Hello all, I was reading Feedstuffs and came across this article.  Thus the following information is taken from their site. " The mandatory country-of-origin labeling rule for meat has yet to provide observed demand increases, but has resulted in increased costs which have had an adverse economic impact on the entire beef and pork industry, according to new research fr...

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