By : Stephen R. Koontz, Professor & Extension Economist, Department of Agricultural and Resource Economics, Colorado State University The fall run of feeder cattle is set to be essentially complete. The market will receive information on October placements and marketings this Wednesday. USDA AMS reports suggest the volumes of feeder cattle were slightly above the prior year. Likewise, weekly slaughter volumes suggest the total of steers…Read More
By : Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist Continued growth in U.S. beef production will keep the focus on beef demand in 2019. Beef production is slowing but is forecast to increase 1.5-2.0 percent year over year in 2019 to 27.5 billion pounds. This follows a projected 3.3 percent year over year increase in 2018 beef production to a record level…Read More
By : Stephen R. Koontz, Professor & Extension Economist, Department of Agricultural and Resource Economics, Colorado State University Week of Week of Week of Data Source: USDA-AMS Market News 11/16/2018 11/9/2018 11/17/2017 $/cwt 5-Area all grades, live weight $113.00 $113.70 $119.35 Fed Steer all grades, dressed weight $177.38 $179.16 $189.31 Boxed Beef Choice Price, 600-900 lb. $213.85 $217.37 $210.22 …Read More
Courtesy of beefusa.org WASHINGTON (November 16, 2018) – Today the Public Lands Council (PLC), National Cattlemen’s Beef Association (NCBA), and American Sheep Industry Association (ASI) praised the passage of H.R. 6784, the Manage our Wolves Act. The Act requires the U.S. Fish and Wildlife Service (FWS) to remove the gray wolf from federal protections under the Endangered Species Act (ESA). Similar action was initially proposed…Read More
Courtesy of beefusa.org WASHINGTON (Nov. 16, 2018) – Colin Woodall, Senior Vice President of Government Affairs, today issued the following statement regarding the announced plan regarding how USDA and FDA would regulate lab-produced fake meat: “This announcement that USDA would have primary jurisdiction over the most important facets of lab-produced fake meat is a step in the right direction, but there is still a lot…Read More
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