July 20 saw an unusual cosmic alignment in the world of USDA reports; the July Cattle on Feed (COF) report, the Mid-Year Cattle Inventory report, and the monthly Cold Storage report all came out on the same day.
Feeders, knowing show lists were small last week and on rumor that at least one of the major packers was short bought, held staunchly to asking prices of $116- 118 live in the South and $187-188 dressed in the Corn Belt. Regional packers in the North reportedly were bidding up to $183 dressed, but all expectations were of trade being forced Friday.
The Environmental Protection Agency (EPA) released a preliminary report on Thursday, July 12, outlining several deficiencies in the Iowa Department of Natural Resources’ (IDNR) dealings with confined animal feeding operations (CAFOs).
As always, California is speeding along, this time on the issue of fast trains. Whether it’s blazing the trail to the future of transportation in America or speeding to its own fiscal demise and taking its agricultural sector along for the ride is up for debate.
The July World Agricultural Supply and Demand Estimate (WASDE) report, released Wednesday, July 11, bespoke the weather woes faced in much of the growing areas of the U.S. Drought and back-to-back days of record heat have cut yield estimates for corn and soybeans significantly, with expectations of further reductions in the months to come.
During its 35th session, held in Rome from July 2 to July 7, the Codex Alimentarius Commission (Codex) voted on and adopted standards for maximum residue levels (MRLs) of ractopamine in beef and pork. The decision has the potential to settle long-standing trade disagreements with major export markets like China and the European Union (EU).
As of July 10’s U.S. Drought Monitor, 82 percent of Missouri is laboring under severe drought conditions. In its July 8 “Crop Progress and Conditions” report, the Missouri Field Office of USDA’s National Agriculture Statistics Service (NASS) found pasture, stock water and hay conditions have suffered extensively from the drought.
As the country moves ever closer to election season, the herd of proposed bills, acts, measures, amendments and other legislative suggestions grows ever larger. Though many will be culled from the choices early on in the season, here are some to set your sights on early.
USDA last week released its monthly World Agricultural Supply and Demand Estimates report. Overall, projections contained few surprises in crop commodities. Beef production was down despite overall meat and poultry projections being adjusted up from May’s expectations.
Last week’s cash fed cattle markets saw light demand and trade throughout the week, but with the majority of trade put off until Thursday and Friday. Trade in Kansas started with some takers at $118-119 live and in the Corn Belt, cattle were bought lightly at $190-193 dressed.
The titans are clashing in the realm of beef and environmentalism. JBS, the world’s largest meat processing company, has been called out by environmental giant Greenpeace. The battle lines in this fight lie in the Amazon rainforest, or in the accuracy of the claims, depending on who’s doing the talking.
According to the U.S. Energy Information Administration, the national average for both regular gas and on-highway diesel are down from week-to-week and year-to-year levels. This downtrend could be a litmus test for slowing domestic and global economic growth and reduced consumer confidence.
USDA released its midyear Outlook for U.S. Agricultural Trade report at the end of May. The report upped export expectations for the 2012 fiscal year (FY12) by $3.5 billion relative to the earlier February forecast. Even at $134.5 billion, this year’s projected exports are $2.
It seems the effort to legislate agriculture pleases no one. Non-ag consumers see a war of two equally oversimplified and unrealistic media characters. Ag producers see government attack on their freedom to conduct business as they see fit. Even animal rights groups are seeing red as they are entertainingly at each others’ throats for once.
New developments have arisen in the ongoing investigation into MF Global’s collapse. Among them, MF Global trustee James Giddens released his investigative report, the Commodity Futures Trading Commission (CFTC) has taken some action, and some...
The Humane Society of the United States (HSUS) has been in the news lately for its videos. But some less-publicized activities should raise some interested eyebrows. Recently announced additions to the HSUS board of directors include a marketing vice president of HBO and a beauty product CEO with a marketing background.
At its 80th General Session, OIE adopted new welfare standards for livestock production systems. The new standards were approved by OIE’s 178 members, other than South Africa, and address welfare measurements, nutrition and housing details.
This month’s USDA cattle on feed report defied projections for a bullish result. Pre-report estimates placed the cattle on feed on May 1 at 100.5 percent of last year’s numbers, placements at 88.5 percent, and marketings at 98.5 percent. Actual reported numbers for cattle on feed and placements were below estimates, and marketings exceeded expectations.
The report also showed most issues modern food production practices face from consumers stem from a lack of knowledge rather than active negative opinions. This suggests ample room for improvement in communication between consumers and those involved with food production.
The face of human hunger sparks strong emotions. Often they are negative— sometimes despair at the state of our fellow man, other times rage strong enough to topple governments—but at the recent G8 Summit on African food security, there was only enthusiasm and passion.