Source : David P. Anderson, Professor and Extension EconomistTexas A&M AgriLife Extension ServiceCourtesy of Livestock Marketing Information Center Imports of feeder cattle from Mexico usually are reported with interest because ranchers and feeders in the U.S. import more than 1 million head per year, on average. The U.S. also exports cattle to Mexico, but in much smaller numbers. In recent weeks cattle exports have surged to…Read More
Texas A&M-coordinated study expects COVID-19 economic impacts of $2.5 trillion loss in goods, services nationwide
Written by Kay Ledbetter, Texas A&M AgriLife Three universities analyze pandemic’s short-, long-term impacts on U.S. agriculture sectors COVID-19 is expected to reduce the U.S. gross domestic product, GDP, by $2.5 trillion and employment by 19 million full-time equivalent jobs over the next year, according to a Texas A&M AgriLife coordinated study. This spring Texas A&M’s Department of Homeland Security, DHS, Center of Excellence Cross-Border Threat Screening and Supply Chain…Read More
Source : Texas Cattle Feeders Association The Foundation for Food and Agriculture Research (FFAR) has awarded a $748,545 Seeding Solutions research grant to Acceligen to examine how genetic alterations can improve heat resistance in cattle. Most research to reduce heat stress in cattle has focused on improving housing conditions, using feed additives and other non-genetic interventions, FFAR said. The new grant will explore genetic approaches to reduce heat…Read More
Courtesy of Livestock Marketing Information Center For the last full week of August, as reported by USDA’s Agricultural Marketing Service, the national price of live cull cows sold directly to packers was $57.65 per cwt., which was about $2.00 per cwt. above 2019’s. That price was more than $15.00 per cwt. below the prior 5-yar average (2014-18). Prices in some areas of the U.S. have moved…Read More
Source : Kay Ledbetter, Associate Editor/Communication Specialist Texas A&M AgriLife Research Agriculture industry working to meet, adjust to consumer needs Links of the food supply chain, especially the meat supply, are regaining strength after periods of uncertainty during the early months of the COVID-19 pandemic, once again instilling consumer confidence, according to Texas A&M AgriLife experts. As supplies strengthen, however, the purchasing practices of consumers could be changing…Read More
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