Drovers - Beef Industry News, Markets and Production
WEBIndustry. Reopening of East and Gulf Ports Brings Relief to U.S. Pork and Beef Industry. The end of the strike is terrific news for U.S. livestock producers and exporters who ship more than $100 million of U.S. pork and beef through those ports each week, says U.S. Meat Export Federation president and CEO Dan Halstrom. Jennifer Shike.
Profit Tracker: Beef and Pork Margins Improve, Beef Packer Losses …
WEB1 day ago · Negotiated cash cattle increased an average of $0.71 per cwt. the week ending Oct. 5 and profit margins increased $24.82 per head to an industry average of $89.68 per head, according to the Sterling Beef Profit Tracker. Meanwhile, beef packers saw profits drop $42 per head to a loss of $111 per head ...
August Pork Exports Above Year-Ago; Beef Exports Trend Lower
WEB21 hours ago · Beef exports totaled 102,682 mt in August, down 6% from a year ago and the lowest since January. Export value fell 4% to $845.9 million. Mexico’s demand for U.S. beef remained robust in August, while exports also trended higher to Taiwan, the Middle East and the ASEAN region. But these results were …
Fall Cattle Market Update for Midwest | Drovers
WEB3 days ago · The fall run of feeder cattle has started in Oklahoma. While the total auction volume of feeder cattle is down 9.2 percent year over year thus far in 2024, the auction volume of feeder cattle has been larger by 12.9 percent year over year since Labor Day. In early October, the auction volume included calves as well as big feeder cattle from ...
The Future of the Beef Industry: New Survey Data Shows …
WEB6 days ago · Looking to the Future. Producers are thinking to the future with plans to add a family member. In the 2024 Drovers State of the Beef Industry survey, 59% indicate they plan to add a family member to the operation in the next five years. That number was 54% in 2023. The question that often follows next when adding a family member is herd size.
Yes, the Farmland Market is Shifting, But That Doesn’t Necessarily …
WEBOct 1, 2024 · “As we are coming out of the pandemic highs with high government payments no longer there, with high farm income no longer supporting the land value, the market began to soften in 2023,” says Chandio, who is also the lead researcher of the ISU Land Value Survey. "What we've already experienced is a whole year of softening and then maybe slight falling of land values in certain parts of the ...
Issue Archive - Drovers
WEBIssue Archive. Drovers provides solutions for the stakeholders within the beef production system so they can enhance animal production and management, operations and overall market performance while addressing social issues and consumer needs. As the nation's oldest livestock publication, Drovers provides useful business management and ...
Markets - Drovers
WEBNegotiated cash cattle increased an average of $1.18 per cwt. the week ending Sept. 14 and profit margins dropped by $13 per head to an industry average of $130.66 per head, according to Sterling Marketing. Farrow-to-finish hog producers found positive margins of $16 per head last week, down $2.91 from the previous week.
Market Reports - Drovers
WEBThe inventory of all cattle and calves in the U.S. was 93.6 million head on January 1, 2021, down fractionally from 93.8 million head one year ago. Cash cattle traded mostly $3 higher on the week, despite light volumes and varied interest from packers.
Cattle Market Reports and Analysis | Drovers
WEBSep 5, 2024 · Cattle Market Reports and Analysis. Harvested fed steer and heifer head counts outpaced the same weeks in 2023, with 501K and 492K in the past two weeks. Annual five-state beef conference hosted by beef extension teams from Oklahoma, Kansas, Colorado, New Mexico, and Texas will be held Sept. 30 and Oct. 1.