Industry News

Cattle and beef trade: 2018 summary, part 2

By : Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist   Total U.S. beef imports were 3.0 billion pounds in 2018, up 0.2 percent year over year and essentially unchanged for the last three years.  Table 1 summarizes the 2018 rank and share of countries from which the U.S. imports beef. Canada was the largest source of U.S. beef imports for the second consecutive…

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Cold Spring

By : Grant Dewell, ISU Extension beef veterinarian The Polar Vortex that hit Iowa in January and then persisted through February was hard on cattle. Thin cows had a hard time because they did not have enough body reserves to maintain heat during a long cold spell. If your cows and calves survived the brutal cold they may have some long term effects. CalvingCold winters generally lead…

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2018 Beef Exports Record-Large; Pork Export Volume Just Short of 2017 Record

Last year U.S. beef exports shattered the previous value record and achieved a new high for volume, according to year-end 2018 statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork export volume came up just short of the record set in 2017 while value slipped 1 percent year-over-year. U.S. lamb exports rebounded from a down year in 2017, largely due to…

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Producers With Cattle Losses Should Immediately Check LIP Eligibility

Courtesy of   Cattle producers who have experienced death losses or disease due to adverse winter weather could be eligible for compensation through the USDA Livestock Indemnity Program (LIP). An owner or contract grower must file a notice of loss with their local county Farm Service Agency (FSA) office within 30 calendar days of when the livestock loss was first apparent. A separate application for…

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Does 2019 Mark the End of Beef Herd Expansion?

By : Dr. Kenny Burdine, Livestock Marketing Specialist, University of Kentucky   After some delay due to the federal government shutdown, USDA released their January 1 estimates for cattle inventory on February 28th. At the national level, beef cow numbers were estimated to have grown by 1% from 2018. This is a lower rate than was seen last year, but growth nonetheless. Going back to 2014,…

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