Chickens are flying up the food chain, but for them it's nothing to crow about
As consumers trade in red meat for white, producers are battling to keep up and their methods are not sustainable
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As consumers trade in red meat for white, producers are battling to keep up and their methods are not sustainable
News, researches & events on global feed & livestock industry
Cold weather pushes prices higher at auction markets Jeff Swenson Prepared and written by Jeff Swenson, DATCP Livestock and Meat Specialist. The Market Update draws information from several sources, including trade publications, radio broadcasts, agricultural news services, individuals involved in the industry as well as USDA NASS and AMS reports. Cattle at Wisconsin and surrounding state auction markets are higher this week. The cold temperatures in the northern states are causing lighter runs at markets and are at least partially responsible for higher prices. Winter storms in the Plain...
Joseph Kerns, Kerns and Associates | Feb 15, 2021 Pork producers that have survived the throes of COVID-19 and the subsequent upheaval in the markets are finally able to print black numbers with the uptick in the futures and cash markets. This breathe of fresh air was long awaited, and if we are anywhere close to right, could allow us some decent profits for 2021 and set the stage for opportunities in 2022. When was the last time we could say that? The backlog of animals that has plagued the supply side has finally subsided to a degree that resembles something closer to a normal balance of sh...
Opportunities for 2021 pork exports after record-setting 2020 Last year was a record-setting year for U.S. pork exports, with sales up 11% by volume and 11% in terms of value. Feb 12, 2021 Last year was a record-setting year for U.S. pork exports. Sales abroad in 2020 were up 11% by volume and value increased 11% compared to 2019, according to recent data released by the U.S. Department of Agriculture (USDA) and compiled by the U.S. Meat Export Federation. From January to December, 6.56 billion pounds of U.S. pork and pork variety meat, valued at $7.7 billion, were exported globally. Po...