tag:blogger.com,1999:blog-89448454146478763372024-03-13T18:45:50.562-07:00Market WatchCommodity reports and news related to the marketing of produce and other goods.Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comBlogger60125tag:blogger.com,1999:blog-8944845414647876337.post-65232010211017146852021-03-09T09:01:00.005-08:002021-03-09T09:01:56.520-08:00Beef and Pork Exports Down<p><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://www.avantlink.com/click.php?tt=cl&merchant_id=563d0b2e-cbb2-4fe9-a28e-8b76e5c1b859&website_id=870b779c-a57b-4773-ad9f-890b3bf327af&url=https%3A%2F%2Ftabionasteaks.com%2Fprime-beef%2F" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="533" data-original-width="800" height="213" src="https://d2ojkfozzd5wnw.cloudfront.net/wp-content/uploads/2020/09/TS-Products-Angus-Chuck-Eye-800x533.jpg" width="320" /></a></div><br />U.S. beef and pork exports opened 2021 below the large volumes posted a year ago, according to January data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).<p></p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;">Beef exports totaled 105,047 metric tons (mt) in January, down 2% from a year ago, while value slipped 3% to $653 million. The decline was due mainly to lower beef variety meat shipments, as muscle cut exports were steady with January 2020 at 81,398 mt, valued at $584.4 million (down 1%) and accounted for a larger share of production than a year ago. January beef exports were very strong to South Korea and continued to gain momentum in China. Following a down year in 2020, exports also rebounded to the Middle East.</p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;">January pork exports totaled 248,656 mt, down 9% from a year ago but slightly above USMEF's projections. Export value was down 13% to $642.8 million. Pork muscle cut exports were down 11% in volume (208,234 mt) and 15% in value ($551.3 million), while pork variety meat shipments trended modestly higher than a year ago. While pork exports to China/Hong Kong declined as expected, exports to Japan increased in January and demand was very strong in Central America, the Philippines and the Caribbean.</p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;">U.S. lamb exports climbed 7% in January to 1,027 mt but value fell 43% to $1.2 million, as volume growth was driven by lamb variety meat demand in Mexico and Canada. Lamb muscle cut exports trended higher than a year ago to Bermuda and Japan.</p>Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-4693607804340119402020-11-04T07:32:00.001-08:002020-11-04T07:32:12.462-08:00Muscle Cuts Make Export Gains<p><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><br />August exports of U.S. <a href="https://www.farmersmarketonline.com/beef.htm">beef</a> and <a href="https://www.farmersmarketonline.com/pork.htm">pork</a> muscle cuts were above last year's strong volumes, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Variety meat exports were lower than a year ago, due in part to the lack of available labor required to harvest and export some items.</span></p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://www.farmersmarketonline.com/beef.htm" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="500" data-original-width="500" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjI-CviBpkx9w_1WQzLuVhSiorBdvgcx45B8f2Gj-zPHsqYu4ykSVzaP7PVIoyKLuCcDbijiTe4jqhlQnAD9V7pJVrI-29qp2jNA1whuKu6Rglffyp_E6GyUJxhRxiwTBpYXF0z3XNb01A/w200-h200/coverart.jpg" width="200" /></a></div>Led by record-large demand in South Korea and Taiwan, beef muscle cut exports were the largest in more than a year at 89,148 metric tons (mt), up 3.5% year-over-year, while export value increased slightly from a year ago to $611 million. August muscle cut exports also set new records in China and Indonesia and beef exports to Canada continued to gain momentum. Combined beef/beef variety meat exports were 109,752 mt in August, down 4.5% from a year ago. Export value was $673.8 million, down 2% from a year ago but the highest since March.<p></p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;">For January through August, beef muscle cut exports were 6% below last year's pace in volume (627,248 mt) and 9% lower in value ($4.38 billion). Beef/beef variety meat exports were down 8% to 808,659 mt, valued at $4.95 billion (down 9%).</p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;">August exports of U.S. pork muscle cuts were 180,369 mt, up 1% from a year ago, though value was down 11% to $448.7 million. Combined pork/pork variety meat exports were down 2% in volume (217,893 mt) and 10% lower in value ($528 million). U.S. pork exports remain on a record pace in 2020, with January-August muscle cut exports up 22% from a year ago to 1.68 million mt, valued at $4.45 billion (up 20%). Pork/pork variety meat exports were up 17% in volume at just under 2 million mt, with value up 18% to $5.13 billion.</p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;">In August, pork exports to Japan were higher year-over-year and exports to Vietnam set a new record for the second consecutive month. While still lower than a year ago, exports to Mexico and Colombia continued to show improvement.</p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;">U.S. lamb exports in August were the second largest of 2020 in both volume (3,129 mt, up 162% from a year ago) and value ($3.04 million, up 65%). With Mexico as the main growth driver, January-August lamb exports climbed 36% above last year to 14,428 mt, though value was down 3% to $17 million.</p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;">Source: <span style="background-color: #97b1d1; color: #003376; font-size: 11px;">U.S. Meat Export Federation</span></p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span style="background-color: #97b1d1; color: #003376; font-size: 11px;"><a href="https://www.farmersmarketonline.com/pork.htm">Pork</a></span></p><p style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span style="background-color: #97b1d1; color: #003376; font-size: 11px;"><a href="https://www.farmersmarketonline.com/beef.htm">Beef</a></span></p><p></p><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><br /><p></p>Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-25982730130232769182020-07-15T06:58:00.000-07:002020-07-15T06:58:38.687-07:00Cotton Market Declines<div style="font-family: "Open Sans", Helvetica, sans-serif; font-size: 14.4px; margin-bottom: 1rem; padding: 0px;">
<span style="color: #3e3e3e;">As cotton and cotton-related products are discretionary items, COVID-19 has significantly impacted demand for cotton. The greatest decline in consumption has been observed in China and India. Retail sales in clothing and clothing accessories in the U.S. experienced an </span><span style="color: black;">87% decline in April</span><span style="color: #3e3e3e;"> from the previous year. With the anticipation of a decline in consumers’ consumption of apparel, the recovery of the spinning industry is anticipated to be slow.</span></div>
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Slightly lower production, reduced consumption and higher beginning and ending stocks are projected for the 2020 cotton crop globally. World cotton production in 2020 is forecast at 118.7 million bales, 3% (4.2 million bales) below the previous year. Global cotton mill use is forecast at 114.4 million bales in 2020, 11.5% (12 million bales) above 2019, but still significantly lower than 2017 and 2018 levels. The world ending stocks are also projected at 104.7 million bales, the second-highest level on record.</div>
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U.S. cotton production is projected at 19.5 million bales in 2020, 2% (400,000 bales) below the 2019 crop. However, this number will most likely be adjusted down due to weather-delayed planting in several states and reduced acreage in the U.S. Department of Agriculture’s June acreage report. The U.S. planted acreage for cotton was forecast at 12.2 million acres, down 11% (1.5 million acres) from last year. Fifteen of the 17 major cotton-producing states have declined in upland planted acres compared with 2019, with the largest decline in Texas. In Georgia, the planted acres declined to 1.2 million acres from 1.4 million acres in 2019. This decreased acreage nationwide is primarily due to lower prices and provides some opportunity for price recovery.</div>
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U.S. cotton exports are projected at 16 million bales for 2020, 1 million above the 2019 crop, and the third-highest on record. U.S. ending stocks are projected at 7.3 million bales in 2019 and 8 million bales in 2020. Stocks-use ratio is projected at 43% for 2020, the highest since 2007. This increase in ending stocks in the U.S. creates downward pressure on U.S. cotton prices. The season-average farm price is projected at 57 cents per pound in 2020 compared to 59 cents per pound in 2019 and 70.3 cents per pound in 2018. New crop December futures closed at 62.95 cents per pound on July 2.</div>
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Source: <a href="https://newswire.caes.uga.edu/?from=FarmersMarketOnline">University of Georgia Extension</a> </div>
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Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-60353490208278007722019-11-07T12:58:00.000-08:002019-11-07T12:58:15.651-08:00Beef Exports Hold Steady<br />
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September exports of U.S. beef were steady with last year in volume but export value trended lower, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports were above year-ago levels in September but pulled back from the large totals posted in June, July and August.<br />
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September beef exports totaled 109,799 metric tons (mt), essentially even with last year, valued at $661.3 million (down 4%). Through the first three quarters of the year, beef exports were 2% below last year's record pace in both volume (991,325 mt) and value ($6.1 billion).<br />
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Beef export value per head of fed slaughter averaged $318.54 in September, up significantly from the previous month but still 5% below last year. The January-September average was down 3% to $310.77. September exports accounted for 14.6% of total U.S. beef production and 11.9% for muscle cuts only, down from 14.8% and 12.4%, respectively, last year. Through the first three quarters of the year, exports accounted for 14.3% of total beef production and 11.6% for muscle cuts, down from 14.6% and 12.1%, respectively, in 2018.<br />
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September pork exports increased 13% from a year ago in both volume (202,248 mt) and value ($532.2 million). These results pushed January-September export volume 5% ahead of last year's pace at 1.9 million mt, while value increased 2% to $4.89 billion.<br />
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Pork export value averaged $49.98 per head slaughtered in September, up 3% from a year ago. For January through September, the per-head average was down 2% to $51.50. September exports accounted for 25.1% of total U.S. pork production, slightly higher than a year ago, and 21.7% for muscle cuts only (down slightly). January-September exports accounted for 26.3% of total pork production and 22.8% for muscle cuts, both up slightly from a year ago.<br />
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Source: <a href="http://www.usmef.org/">U.S. Meat Export Federation </a><br />
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Artwork: <a href="https://www.amazon.com/exec/obidos/ASIN/B071XY2J2D/outriderbooks">Angus Ribeye Steaks</a><br />
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<a href="https://www.farmersmarketonline.com/meatfish.htm">Meat</a>Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-76079675476039472162018-12-29T18:57:00.002-08:002018-12-29T18:57:17.656-08:00Pork Exports Still Down<br />
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U.S. beef exports remained on a record-shattering value pace in October, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). October pork exports trended seasonally higher compared to recent months but were still below the results posted in October 2017. Lamb export volume in October more than doubled year-over-year, while value increased nearly 50 percent.<br />
October pork export volume was 207,725 mt, the largest since May but still 2 percent lower year-over-year, reflecting smaller variety meat exports. Export value ($536.5 million) was also the largest since May but still down 5 percent from a year ago. For January through October, pork exports were 1 percent above last year’s record pace at 2.02 million mt, while value was also up 1 percent to $5.33 billion. For pork muscle cuts only, January-October exports increased 5 percent from a year ago in volume (1.63 million mt), valued at $4.43 billion (up 2 percent).<br />
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Source: <a href="http://www.usmef.org/">U.S. Meat Export Federation</a><br />
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Artwork: Pork - <a href="https://www.amazon.com/exec/obidos/ASIN/B077TZ4FY1/outriderbooks">Butchers Block Meat Cuts</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-71468930869335578242018-10-09T08:32:00.001-07:002018-10-09T08:32:03.301-07:00U.S. Beef Exports Climb, Pork Steady<div class="separator" style="clear: both; text-align: center;">
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U.S. beef exports set new records in August with export value topping $750 million for the first time, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). August pork exports were fairly steady with last year’s volume, but retaliatory duties in key markets continued to pressure pork export value.<br />
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August beef exports totaled 119,850 metric tons (mt), up 7 percent from a year ago, valued at $751.7 million – up 11 percent year-over-year and easily exceeding the previous record of $722.1 million reached in May 2018. For January through August, beef exports totaled 899,300 mt, up 9 percent from a year ago, while value climbed 18 percent to $5.51 billion.<br />
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August exports accounted for 13.2 percent of total beef production, up from 12.5 percent a year ago. For beef muscle cuts only, the percentage exported was 11.2 percent, up from 10.4 percent last year. For January through August, exports accounted for 13.5 percent of total beef production and 11.1 percent for muscle cuts – up from 12.8 percent and 10.1 percent, respectively, last year. Beef export value averaged $320.92 per head of fed slaughter in August, up 11 percent from a year ago. The January-August average was $318.66 per head, up 16 percent.<br />
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August pork export volume was down 1 percent from last year at 182,372 mt, while export value fell 3 percent to $494.1 million. Pork muscle cuts fared better in August, increasing 5 percent to 148,736 mt, but value still declined 1 percent to $414.7 million. Pork variety meat exports declined sharply in August in both volume (33,636 mt, down 20 percent) and value ($79.4 million, down 15 percent).<br />
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U.S. pork currently faces retaliatory duties in two markets: China and Mexico. China’s duty rate on pork muscle cuts and variety meat increased from 12 to 37 percent in April and from 37 to 62 percent in July. Mexico’s duty rate on pork muscle cuts increased from zero to 10 percent in June and jumped to 20 percent in July (pork variety meats continue to enter Mexico duty-free). Beginning in June, Mexico also imposed a 15 percent duty on sausages and a 20 percent duty on some prepared or preserved hams and shoulders.<br />
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Source: <a href="http://www.usmef.org/">U.S. Meat Export Federation</a><br />
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Artwork: <a href="https://www.amazon.com/exec/obidos/ASIN/B07BZ6SH5R/outriderbooks">Herd of Texas Longhorn Cattle in Southern Utah Mountains </a><br />
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Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-58837440082675251162018-09-22T20:37:00.001-07:002018-09-22T20:37:54.563-07:00U.S. Beef Exports Soar, But Pork Suffers Under Tariffs<div class="separator" style="clear: both; text-align: center;">
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July exports of U.S. pork and beef were higher than a year ago, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Export value results were mixed, with beef exports posting another near-record month while pork export value declined, reflecting the impact of retaliatory duties imposed by Mexico and China.<br />
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Pork exports totaled 176,413 metric tons (mt) in July, up 1.5 percent from a year ago, valued at $465.3 million – down 5 percent year-over-year and the lowest monthly value since February 2016. For the first seven months of the year, pork exports remained 2 percent ahead of last year’s record volume pace at 1.45 million mt, while value was up 3 percent to $3.83 billion.<br />
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Led by spectacular performance in South Korea and strong growth in Japan, Taiwan and Latin America, July beef exports climbed 12 percent in volume to 116,575 mt, valued at $722 million – up 16 percent from a year ago and just slightly below the May 2018 record of $722.1 million. For January through July, beef exports established a record pace in both volume (779,450 mt, up 10 percent year-over-year) and value ($4.76 billion, up 20 percent).<br />
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With pork exports, July value suffered due to trade headwinds<br />
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The duty rate on most U.S. pork entering Mexico increased from zero to 10 percent in early June and from 10 to 20 percent in early July. This took a toll on July exports to Mexico, especially in terms of value. July volume was 56,484 mt, down just 4 percent from a year ago. But pork moved south at lower prices, with value falling 25 percent to $92 million.<br />
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In China, the duty rate on U.S. pork and pork variety meat increased from 12 to 37 percent on April 1, and to 62 percent on July 6. July exports to the China/Hong Kong region totaled 22,199 mt, down 31 percent from a year ago, while value dropped 19 percent to $55.9 million. Pork variety meat volume to China was hit especially hard in July, dropping 49 percent from a year ago to 7,446 mt. For January through July, pork and pork variety exports to China/Hong Kong dropped 22 percent year-over-year in volume (238,207 mt) and 10 percent in value ($563 million) – due in part to the higher duty rates, but also due to an upward trend in China’s domestic pork production. <br />
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Source: U.S. Meat Export Federation<br />
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Artwork: <a href="https://www.amazon.com/exec/obidos/ASIN/B000RI1W8E/outriderbooks">Pork Carcase Cuts</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-72091869312703921882018-04-09T08:07:00.003-07:002018-04-09T08:07:38.204-07:00 U.S. Corn Planted Acres Forecast Lowered<br />
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As a result of the March 29th USDA Prospective Plantings and Grain Stocks reports, the outlook for U.S. corn supply‐demand and prices has changed somewhat for both the “old crop” 2017/18 and “new crop” 2018/19 marketing years. With lower 2018 U.S. corn planted acres forecast in the Prospective Plantings report than previous USDA projections or market expectations, prospects for 2018 U.S. corn production has been reduced. <br />
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At the same time, higher than expected U.S. March 1st corn stocks in the Grain Stocks reporthave signaled lower than expected usage of corn for livestock feeding during December‐February 2018 and in “old crop” MY 2017/18 than has been anticipated.<br />
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Following these USDA’s March 29th reports, “old crop” MAY 2018 CME corn futures prices have traded sharply higher. The day of the reports, MAY 2018 corn futures opened at $3.73 ¾, trading as high as $3.89 ¼ per bushel before closing up $0.14 ¼ for the day at $3.87 ¾. “New crop” DEC 2018 corn futures traded $0.14 ½ higher to close at $4.11 ½ that same day. Through Tuesday, April 3rd MAY 2018 corn has traded as high as $3.92 ½ before closing at $3.87 ¼ per bushel. DEC 2018 corn futures have traded as high as $4.16 before closing at $4.12 ¼ per bushel on April 3rd. <br />
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Source: <a href="http://www.agmanager.info/grain-marketing/grain-market-outlook-newsletter/corn-market-outlook-early-april-2018">Kansas State University Ag Economics</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-45899093529528155962018-03-08T12:56:00.001-08:002018-03-08T12:56:07.217-08:00Solid 2018 Start for U.S. Beef and Pork<div class="separator" style="clear: both; text-align: center;">
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January exports of U.S. beef were significantly higher than the large totals of a year ago while pork exports were steady in volume and increased in value, according to data released by USDA and compiled by the <a href="http://usmef.org/">U.S. Meat Export Federation</a> (USMEF).<br />
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Beef exports totaled 105,486 metric tons (mt) in January, up 9 percent year-over-year, while export value surged 21 percent to $624.4 million. Exports accounted for 12.4 percent of total beef production in January, up slightly from a year ago. For muscle cuts only, the percentage exported increased from 9.5 percent to 10.1 percent. Beef export value averaged $293.06 per head of fed slaughter, up 14 percent year-over-year.<br />
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January pork exports totaled 203,488 mt, steady with last year’s strong volume, while export value increased 7 percent to $545.6 million. Pork exports accounted for 24.7 percent of total pork production, down from 26.2 percent a year ago. For muscle cuts only, the percentage exported declined slightly to 21.5 percent. Pork export value averaged $50.93 per head slaughtered, up 1 percent year-over-year.<br />
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For muscle cuts only, beef exports reached 80,495 mt (up 15 percent) valued at $555.7 million (up 23 percent). Pork export volume increased 5 percent to 164,189 mt, while value climbed 9 percent to $454.2 million. Beef variety meat volume fell 5 percent to just under 25,000 mt, but value increased 7 percent to $68.8 million. Pork variety meat exports dropped 16 percent in volume (39,299 mt) but still managed a 2 percent increase in value to $91.5 million.<br />
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Source: <a href="http://usmef.org/">U.S. Meat Export Federation</a><br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B001DTIKMM/outriderbooks/">Rib Eye Steak</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-5572729615474564722017-12-07T12:03:00.001-08:002017-12-07T12:03:13.672-08:00U.S. Pork, Beef Exports Continue Surge<br />
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U.S. pork exports remained ahead of last year’s record volume pace, and beef exports are poised to break $7 billion this year for only the second time, according to October export results released by USDA and compiled by the U.S. Meat Export Federation (USMEF).<br />
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October pork exports were the largest since May, totaling 211,592 metric tons (mt), up 5 percent from a year ago, valued at $565.4 million, up 8 percent. Through the first 10 months of the year, pork exports increased 8 percent in volume (2.005 million mt) and 10 percent in value ($5.28 billion) from the same period last year.<br />
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Exports accounted for 25.4 percent of total pork production in October (steady with last year) and 21.6 percent for muscle cuts only (up slightly from a year ago). For January through October, these ratios increased about one percentage point from a year ago to 26.4 percent of total production and 22 percent for muscle cuts. October export value averaged $51.41 per head slaughtered, up 9 percent from a year ago and the highest since July. Through the first 10 months of the year, per-head export value was $52.64, up 7 percent.<br />
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Beef exports reached 111,287 mt in October, up 5 percent from a year ago, valued at $662 million, up 18 percent. These were the second-largest monthly totals of 2017, trailing only August. For January through October, exports totaled 1.038 million mt, up 9 percent year-over-year, valued at $5.93 billion – up 16 percent from a year ago and slightly ahead of the record value pace established in 2014.<br />
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Beef exports accounted for 13 percent of total production in October, the highest since July but down from 13.9 percent last year. The percentage of muscle cuts exported was steady with last year at 10.7 percent. For January through October, beef exports accounted for 12.8 percent of total production (down from 13.3 percent last year) and 10.2 percent for muscle cuts (steady with last year).<br />
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October beef export value averaged $301.88 per head of fed slaughter, up 12 percent from a year ago and the highest since December 2016. January-October export value averaged $279.85 per head, up 10 percent.<br />
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Source: <a href="http://www.usmef.org/">U.S. Meat Export Federation</a><br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B01N8Q1SCD/outriderbooks/">Pork Loin</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-54993191497442649712017-09-09T13:58:00.003-07:002017-09-09T13:58:42.744-07:00U.S. Beef Exports Strong in July; Pork Exports Lower<br />
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U.S. beef exports remained well above last year’s pace in July, posting one of the highest monthly export value totals on record, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF). July pork export volume dipped below its year-ago level for the first time in 15 months, with export value also down slightly.<br />
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July beef exports totaled 104,488 metric tons (mt), up 5 percent year-over-year, while export value reached $623.7 million – up 18 percent from a year ago and the highest since December 2014. For January through July, exports increased 11 percent in volume (711,364 mt) and 15 percent in value ($3.97 billion) compared to the first seven months of last year.<br />
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Exports accounted for 13.2 percent of total U.S. beef production in July and 10.7 percent for muscle cuts only. These were the highest ratios of 2017, but down from 14.2 percent and 11 percent, respectively, last July. For January through July, beef exports accounted for 12.8 percent of total production and 10 percent for muscle cuts – roughly steady with last year. Export value per head of fed slaughter averaged $299.21 in July, up more than $35 (or 13 percent) from a year ago. Through July, per-head export value was up 9 percent to $273.52.<br />
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Pork exports totaled 173,675 mt in July, down 4 percent year-over-year, valued at $488.9 million, down 0.6 percent. January-July volume was still up 11 percent from a year ago to 1.43 million mt, while export value was up 13 percent to $3.7 billion.<br />
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Exports accounted for 26 percent of total pork production in July (down from 27.5 percent a year ago) and 21 percent for muscle cuts only (down from 23 percent). For the first seven months of the year, with U.S. production at a record pace, the percentage of total production exported increased from 25.6 percent to 27.5 percent. For muscle cuts only, the increase was from 21.6 percent to 23 percent. Export value per head slaughtered in July was $54.22 – up slightly from June but 3 percent below last July. The January-July per-head average increased 10 percent from a year ago to $54.11.<br />
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Source: <a href="http://usmef.org/">U.S. Meat Export Federation</a><br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B01AS1YKYM/outriderbooks/">Prime Rib Roast</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-57935538253699150042017-07-07T16:37:00.000-07:002017-07-07T16:37:03.372-07:00Red Meat Exports Continue Strong<div class="separator" style="clear: both; text-align: center;">
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U.S. pork and beef exports posted a strong May performance, increasing significantly from the previous month and from year-ago levels, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).<br />
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Pork exports reached 222,015 metric tons (mt) in May, up 11 percent year-over-year and the fourth-largest monthly volume on record. Pork export value was $583.2 million, up 16 percent. For January through May, exports increased 14 percent from a year ago in volume (1.05 million mt, a record pace) and 18 percent in value ($2.68 billion).<br />
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Even with the growth in U.S. pork production, exports account for a larger share in 2017. May exports equated to 29.4 percent of total production and just under 25 percent for muscle cuts only – up from 28.4 percent and 24.3 percent, respectively, last year. Through the first five months of 2017, exports accounted for 27.9 percent of total production and 23.2 percent for muscle cuts (up from 25.2 percent and 21.3 percent). Exports are also commanding higher prices, indicative of strong demand across a wide range of international markets. Export value per head slaughtered averaged $58.61 in May, up 7 percent from a year ago. The January-May average was $54.23, up 14 percent.<br />
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May beef exports totaled 105,321 mt, up 6 percent from a year ago, valued at $582.6 million, up 9 percent. For January through May, beef exports were up 12 percent in volume (497,322 mt) and 16 percent in value ($2.75 billion) compared to the same period last year.<br />
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Exports accounted for 13 percent of total U.S. beef production in May and 10 percent for muscle cuts only – each down one percentage point from a year ago. Through May, these ratios were steady with last year’s pace – 12.8 percent for total production and 10 percent for muscle cuts. Export value per head of fed slaughter averaged $265.55 in May, matching the average from a year ago. Through May, per-head export value averaged $270.27, up 8 percent. Beef export prices are also increasing, especially in key Asian markets, with double-digit increases in Japan and Korea in May illustrating the strong demand for U.S. beef.<br />
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Source: <a href="http://www.usmef.org/">U.S. Meat Export Federation</a><br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B019F3B4VQ/outriderbooks/">red meat with a knife</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-79904664722972772522017-01-12T01:20:00.004-08:002017-01-12T01:20:59.747-08:00November Pork Exports Set New Record<div class="separator" style="clear: both; text-align: center;">
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U.S. red meat exports continued to build momentum in November, highlighted by a new monthly volume record for pork exports. Both pork and beef exports exceeded year-ago levels by more than 20 percent in both volume and value, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).<br />
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November pork exports totaled 225,757 metric tons (mt), up 24 percent year-over-year and breaking the previous record (218,132 mt) set in October 2012. Export value was $586.8 million, up 30 percent from a year ago and the highest since May 2014. For January through November, pork export volume was up 7 percent from a year ago to 2.09 million mt, while export value increased 5 percent to $5.38 billion.<br />
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Even with U.S. pork production reaching record levels, exports are accounting for a larger share. November export volume equated to 28 percent of total production and 23 percent for muscle cuts only – substantial increases over the November 2015 ratios of 24 percent and 21 percent. For January through November, exports accounted for 25.5 percent of total production and 21.4 percent for muscle cuts – up from 24.2 percent and 20.9 percent, respectively, in 2015. November export value averaged $55.09 per head slaughtered, up 19 percent year-over-year. The January-November average was $49.63 per head, up 2 percent.<br />
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November was also a very strong month for beef exports, which totaled 155,335 mt – up 20 percent year-over-year and the largest since July 2013. Export value increased 21 percent to $619.1 million, the highest since December 2014. This pushed January-November export volume to 1.07 million mt (up 10 percent year-over-year) valued at $5.72 billion (down 1 percent).<br />
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November exports accounted for nearly 15 percent of total beef production and 11.7 percent for muscle cuts only – the highest levels since 2014. January-November exports accounted for 13.5 percent and 10.3 percent, respectively – up from 13 percent and 10 percent during the same period in 2015. Beef export value per head of fed slaughter reached a 2016 high of $294.39 in November, up 5 percent from a year ago. For January through November, per-head export value averaged $258.48, down 7 percent.<br />
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Source: <a href="http://usmef.org/">U.S. Meat Export Federation</a><br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B00RPSPVC2/outriderbooks/">Smoked Pork Butts from Brooklyn, New York</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-34301187184145093472016-08-08T23:13:00.002-07:002016-08-08T23:13:36.110-07:00U.S. Pork, Beef Exports Ahead of Last Year<div class="separator" style="clear: both; text-align: center;">
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U.S. red meat exports ended the first half of 2016 on a positive note, as June export values for both pork and beef were the highest of the year. June also marked the second consecutive month of solid year-over-year volume growth, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).<br />
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Pork exports reached 187,939 metric tons (mt) in June, up 8 percent from a year ago, while export value increased 11 percent to $505.4 million. For the first half of the year, pork export volume was up 2 percent to 1.1 million mt, but value was down 4 percent to $2.77 billion.<br />
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Exports accounted for 26 percent of total pork production in June and 22 percent for muscle cuts only – each up one percentage point from a year ago. For January through June, these ratios were 25 percent and 21 percent, respectively, up slightly from last year. Export value per head slaughtered was $52.83 in June – up 10 percent from a year ago. First-half per-head value was $48.34, down 5 percent.<br />
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June beef export volume increased 2 percent from a year ago to 98,920 mt, while export value was $545.4 million, down 5 percent. First-half export volume was up 3 percent to 541,547 mt, while value fell 10 percent to $2.91 billion.<br />
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Exports accounted for 13 percent of total beef production in June and 10 percent for muscle cuts only – each down about 1 percentage point from a year ago. For January through June, these ratios were also 13 percent and 10 percent, respectively, steady with last year. Export value per head of fed slaughter was $250 in June and $249.67 for the first half – each down 14 percent from a year ago.<br />
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June pork exports to China/Hong Kong remained well ahead of last year’s pace, increasing 84 percent in volume (50,374 mt) and 73 percent in value ($98.8 million). But June volume was the lowest since February, reflecting some cooling of the market. Exports to China/Hong Kong finished the first half 80 percent higher than a year ago in volume (284,900 mt) and 63 percent higher in value ($540.5 million).<br />
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Source: <a href="http://campaign.r20.constantcontact.com/render?m=1103559743426&ca=4c3cb0ed-b6e1-45ce-9f52-8e5d06164b6d">U.S. Meat Export Federation</a><br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B00RDBNUBU/outriderbooks/">Meat with Red Tomato and Green Leaf</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-603304694900155862016-05-08T17:29:00.003-07:002016-05-08T17:29:33.323-07:00U.S. Red Meat Exports Move Higher in March<div class="separator" style="clear: both; text-align: center;">
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March exports of both U.S. beef and pork increased year-over-year in volume, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF). March export values were lower than a year ago but trended upward, with both reaching a 2016 high.<br />
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Beef exports totaled 89,482 metric tons (mt) in March, up 3 percent from a year ago and pushing first-quarter volume to 254,986 mt – up 2 percent. March export value was $483.3 million, down 8 percent from a year ago but the highest since December. For the first quarter, export value was $1.36 billion – down 13 percent from the same period last year.<br />
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While lower beef prices pushed export values below year-ago levels in most destinations, Korea and Taiwan stood out as top performers. For the first quarter, exports to Korea increased 25 percent from a year ago in volume (34,638 mt) and were steady in value at $205 million. Exports to Taiwan increased 20 percent to 7,634 mt, while value climbed 3 percent to $66.4 million. These markets continue to show strong demand for high-quality chilled U.S. beef cuts in both the retail and foodservice sectors. Beef variety meat exports to Korea have also performed exceptionally well in 2016, with first-quarter exports more than doubling in volume (3,954 mt, +133 percent) and increasing 84 percent in value ($17.6 million).<br />
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First-quarter beef export volume to Japan improved 9 percent from a year ago to 52,841 mt, while value fell 7 percent to $300.4 million. Led by strong demand for U.S. beef tongues, beef variety meat exports to Japan were very strong in the first quarter, increasing 21 percent from a year ago in volume (9,877 mt) and 22 percent in value ($70.4 million).<br />
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Beef exports to the Middle East increased 13 percent in the first quarter to 27,641 mt, though value fell 11 percent to $60.3 million. Variety meat exports to Egypt increased 47 percent year-over-year in March, pushing the first-quarter total to 24,543 mt (+14 percent). The United Arab Emirates (UAE) is the leading market in the region for beef muscle cuts, with first-quarter exports increasing 8 percent year-over-year to 1,507 mt. Export value to the UAE fell 2 percent to $17.3 million.<br />
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Weakness of the Mexican peso and Canadian dollar continues to be a significant obstacle for U.S. beef. First-quarter exports to Canada declined 9 percent from a year ago in volume (26,246 mt) and 21 percent in value ($160.7 million). First-quarter exports to Mexico were down 14 percent (48,916 mt) and 23 percent ($219.4 million), respectively, though beef muscle cut exports to Mexico rebounded to some degree in March at 9,103 mt – the highest volume since December.<br />
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Source: <a href="http://campaign.r20.constantcontact.com/render?m=1103559743426&ca=19c1b34c-1d4a-4286-999f-d0cffe15c75a">U.S. Meat Export Federation</a><br />
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work: <a href="http://www.amazon.com/exec/obidos/ASIN/B019F3B4VQ/outriderbooks/">a piece of red meat with a knife</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-67410424162743290452015-11-08T16:26:00.000-08:002015-11-08T16:26:09.096-08:00Pork Exports Up, Beef Down<div class="separator" style="clear: both; text-align: center;">
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U.S. pork exports showed modest improvement in September while beef exports endured the most difficult month in some time, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).<br />
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September pork export volume was up 6 percent from a year ago to 172,012 metric tons (mt). Export value was $456.1 million, down 11 percent year-over-year but the highest since May. Pork exports through the first nine months of the year declined 4 percent in volume (1.58 million mt) and 17 percent in value ($4.21 billion) compared to January-September 2014.<br />
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Beef export volume fell 21 percent from a year ago in September to 79,474 metric tons (mt) and value was down 28 percent to $456.6 million – the lowest since January. For the first nine months of 2015, exports were down 12 percent in volume (782,705 mt) and 8 percent in value ($4.8 billion).<br />
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Exports to Mexico, the leading volume destination for U.S. pork, fell slightly in volume in September but climbed 5 percent through the first nine months of the year to 529,798 mt, while export value fell 20 percent to $932.6 million.<br />
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September exports to Canada were the largest of 2015, though January-September volume was still down 5 percent to 148,669 mt and value was 13 percent lower at $589.9 million.<br />
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Japan remains the leading value market for U.S. pork, despite January-September value declining 18 percent year-over-year to $1.23 billion. Export volume to Japan was down 12 percent to 314,760 mt.<br />
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Beef export value in September equated to $233.80 per head of fed slaughter – down nearly $80 from a year ago. For January through September, per-head value was $280.46 – down $6.36 from the same period last year. Exports equated to 13 percent of total beef production and 10 percent for muscle cuts only – both down 1 percentage point from the first nine months of last year.<br />
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September exports to leading market Japan fell 34 percent in volume (15,386 mt) and 36 percent in value ($99.7 million) from a year ago. For the first nine months of the year, exports to Japan were down 12 percent in volume (161,961 mt) and 14 percent in value (just over $1 billion).<br />
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For January through September, U.S. lamb exports fell 17 percent in volume to 6,714 mt year-over-year and were down 32 percent in value to $14.3 million. Exports expanded to the Middle East — up 49 percent in volume to 271 mt and 2 percent in value to $874,000 — but declined to Mexico, Canada and the Caribbean.<br />
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Source: <a href="http://r20.rs6.net/tn.jsp?f=0012QY4CQSbj7ZJkW19E_KuSqBJ2-x5mOm0zp0UCHx1vCwUIwKrpW4EgH9hADBNuoTFi8iwBMZvVPKTQtPyZuvNrUdtOHd7rN9kbWWCmPShhpU7cnxuWwz3BBvXH42l2PD-ph0z4Xx6AluzPcbl1mM8NX6fnodSMQOmnOnpNLGVZjBlvMt3XXVbrAo-pmMwKNgehvfq2-oKoIAimdvtOova2w==&c=YngK6M2cNEPdRAosP-28KyY8mUtpKG2Zl6-I_VlIpWBg6YAC-QVmZQ==&ch=eWZUs0NoSD5Q_3uG8s7uQoWwsTY5H30ERWnK_bLnSdhXwWO1Za2xNQ==">U.S. Meat Export Federation</a><br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B00S1OIH16/outriderbooks/">Pork Cuts Poster</a><br />
<a href="http://www.farmersmarketonline.com/a/farmmags.htm">Farm Magazines</a><br />
<a href="http://www.farmersmarketonline.com/pork.htm">Pork</a><br />
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Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-56192483858412522712015-07-23T12:39:00.003-07:002015-07-23T12:40:40.047-07:00Vermont Beef Prices Posting Monthly<br />
In an effort to ramp up local and regional food efforts, USDA Market News of the Agricultural Marketing Service is now issuing a local beef report for the state of Vermont each month. <br />
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<a href="http://www.amazon.com/exec/obidos/ASIN/B00GG0PTEA/outriderbooks/" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://ecx.images-amazon.com/images/I/51R5fYYZLKL.jpg" height="255" width="320" /></a>Two Market News reporters recently ventured to the Green Mountain State to meet with existing customers and recruit new ones. Trekking all throughout the state, they visited a total of 10 farms, talked to numerous people about grass-fed beef, and learned about how Market News can better serve this sector of the industry.<br />
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USDA Market News reporters gather price and volume data from a number of small producers throughout the state, publishing these locally-raised beef prices and offering general commentary about the market in monthly Market News reports. <br />
Being the first of its kind, this report is pioneering the way beef is marketed. It provides local price information for farmers, increases transparency in the marketplace, and enables institutions – such as banks and insurance companies – to properly assess the value of a small or mid-sized farm, which sells its commodities locally.<br />
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Follow the link to the Vermont Monthly Local Beef Report on the <a href="http://www.farmersmarketonline.com/marketwa.htm#Livestock_and_Grain">Market Watch page</a>.<br />
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Source: <a href="http://blogs.usda.gov/2015/07/22/the-price-is-right-local-beef-reporting-in-vermont">USDA Blog</a><br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B00GG0PTEA/outriderbooks/">Newton Abbott Livestock Market</a><br />
<a href="http://www.farmersmarketonline.com/a/farmmags.htm">Farm Magazines</a><br />
<a href="http://www.farmersmarketonline.com/marketwa.htm">Market Watch</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
<a href="http://www.farmersmarketonline.com/farmsupp.htm">Farm Supply</a><br />
<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-26236980767236130842015-02-09T19:12:00.003-08:002015-02-09T19:12:22.454-08:00Beef, Pork Exports Reach Record ValueExport value for both U.S. beef and pork reached new heights in 2014, posting double-digit gains over the previous year’s totals, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).<br />
<br />
<a href="http://www.amazon.com/exec/obidos/ASIN/B00A2TAMM0/outriderbooks" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://ecx.images-amazon.com/images/I/51PyxRC%2BxML.jpg" height="320" width="320" /></a>Beef export value was $7.13 billion – an increase of 16 percent (and nearly $1 billion) over the previous record set in 2013. Export volume was just under 1.2 million metric tons (mt) – which was short of the 2011 record, but up 2 percent year-over-year.<br />
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Pork export value totaled $6.67 billion, an increase of 10 percent year-over-year, breaking the 2012 record by 6 percent. Pork export volume increased 2 percent to 2.18 million mt. The volume record is 2.62 million mt, set in 2012.<br />
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Exports overcame significant challenges to reach these milestones, including market access restrictions in Russia and China, an appreciating U.S. dollar and, most recently, shipping difficulties related to a labor dispute in the West Coast ports.<br />
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In December, beef export volume slipped 2 percent year-over-year to 100,270 mt, though value still increased 17 percent to $643.2 million. December pork export volume was down 5 percent to 183,498 mt, but value still achieved a slight increase to $541.3 million.<br />
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Source: U.S. Meat Export Federation (www.USMEF.org)<br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B00A2TAMM0/outriderbooks">Pork Cuts Poster</a><br />
<a href="http://www.farmersmarketonline.com/a/farmmags.htm">Farm Magazines</a><br />
<a href="http://www.farmersmarketonline.com/prok.htm">Pork</a><br />
<a href="http://www.farmersmarketonline.com/farmsupp.htm">Farm Supply</a>Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-8904332945170233152014-12-09T07:10:00.004-08:002014-12-09T07:10:59.831-08:00Far East Markets Lift U.S. Beef Exports<br />
<a href="http://www.amazon.com/exec/obidos/ASIN/B00Q3CG4OK/outriderbooks" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://ecx.images-amazon.com/images/I/912Dj-vDkSL.jpg" height="211" width="320" /></a>October beef exports from the U.S. equated to 15 percent of total production and 11 percent of muscle cut production, compared to 13.5 percent and 11 percent, respectively, a year ago, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).<br />
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For January through October, exports equated to 14 percent of total production and 11 percent for muscle cuts (up from 13 percent and 10 percent). Export value per head of fed slaughter was $321.28 in October (up $70 from a year ago) and $287.32 for January-October (up $42.80).<br />
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Exports to Japan were exceptionally strong in October, increasing 25 percent in volume (22,586 mt) and 54 percent in value ($164 million). For January-October, exports totaled 206,879 mt (up 2 percent) valued at $1.33 billion (up 11 percent).<br />
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Other January-October beef highlights include:<br />
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Exports to South Korea were up 12 percent in volume (96,040 mt) and 41 percent in value ($674.9 million). October export volume was the largest of the year at 11,167 mt.<br />
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Exports to Hong Kong have already set a new annual value record of $898 million, easily surpassing the 2013 full-year total of $823.3 million.<br />
October export volume was the largest ever at 16,779 mt.<br />
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Led by strong growth in the Dominican Republic, exports to the Caribbean were up 20 percent in volume to 19,042 mt and 26 percent in value to $124 million – just short of the full-year value record ($127 million) set in 2012.<br />
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Source: <a href="http://www.usmef.org/">U.S. Meat Export Federation</a><br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B00Q3CG4OK/outriderbooks">Beef Belt Buckle</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
<a href="http://www.farmersmarketonline.com/farmsupp.htm">Farm Supply</a><br />
<a href="http://www.farmersmarketonline.com/tractors.htm">Tractors</a>Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-39617841461761360582014-10-29T02:34:00.002-07:002014-10-29T02:34:45.143-07:00Georgia Pecan Crop Saved<a href="http://www.amazon.com/exec/obidos/ASIN/B00OYX9I6Q/outriderbooks" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://ecx.images-amazon.com/images/I/41aZWfhKu5L.jpg" /></a>Georgia's dry summer helped save its pecan crop, according to University of Georgia Extension horticulture specialist Lenny Wells.<br />
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A wet spring and increased scab disease pressure had Wells and other pecan experts pessimistic about this year's pecan crop. However, a lack of rain in June and July spared Georgia's pecan farmers from worsening scab disease. The result is a pecan crop that's expected to reach 85-90 million pounds, Wells estimated.<br />
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"We had all that scab inoculum built up from last year, and then we started off wet this year, with a lot of early leaf scab in the spring. Luckily, about the time that the nuts really started to size, which is when they're most susceptible to scab, it really dried off and let everybody catch up with fungicide protection," Wells said. "Even where there was a lot of scab pressure, our famers did a really good job of keeping the scab to a minimum, I think."<br />
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Another encouraging factor in the early pecan season have been prices. Wells said that, for the Stuart variety, contract prices have ranged between $2.40 and $2.50 per pound, and for Desirables - Georgia's most planted pecan variety - prices are higher at between $2.85 and $2.95. Wells expects those prices to stay high through November.<br />
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Foliage conditions, the worst he's seen in pecan trees, have been the only discouraging sign that Wells has observed. Pests like black aphids and mites have been major nuisances for pecan farmers. Black aphids have a toxin in their saliva that causes yellow spots to appear on leaves. Mites cause scorching on leaves. Early scab pressure in the spring meant higher rates of fungicides had to be applied. This resulted in bronzing of the leaves.<br />
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"If a grower does have a lot of foliar damage and has leaf loss, that's going to affect more of next year's crop than this year's. If they've lost a large percentage of leaves, particularly before October, that's not good for next year," Wells said. "Generally, we'd like to keep those leaves on until the first frost or as late as we can, just for the health of the tree."<br />
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Wells said that, according to the United States Department of Agriculture, last year's Georgia crop produced between 85-90 million pounds.<br />
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According to the UGA Center for Agribusiness and Economic Development, Georgia is the country's No. 1 producer of pecans. In 2013, Georgia's farm gate value for pecans was $315.5 million, with Dougherty and Mitchell counties named the top pecan producers.<br />
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Source: <a href="http://georgiafaces.caes.uga.edu/?public=viewStory&pk_id=5276">University of Georgia, College of Agricultural and Environmental Sciences</a><br />
<br />
<a href="http://www.farmersmarketonline.com/farmsupp.htm">Farm Supply</a><br />
<a href="http://www.farmersmarketonline.com/NutsandGrains.htm">Nuts and Grains</a><br />
<a href="http://www.farmersmarketonline.com/trees.htm">Trees</a><br />
Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B00OYX9I6Q/outriderbooks">Stuart Pecan Tree</a>Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-53303308383919384512014-09-01T09:14:00.005-07:002014-09-01T09:14:54.510-07:00Corn Prices Continue to Fall<div class="separator" style="clear: both; text-align: center;">
<a href="http://ecx.images-amazon.com/images/I/51-d20T-0sL.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://ecx.images-amazon.com/images/I/51-d20T-0sL.jpg" height="213" width="320" /></a></div>
Corn prices continue the long retreat from the peak of September 2012, declining to the lowest level since late August 2010. The most recent price weakness reflects both supply and demand considerations.<br />
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On the supply side, ongoing reports of yields that exceed expectations in many areas suggest that the next USDA forecast of the U.S. average yield will be at least equal and perhaps exceed the September forecast of 155.3 bushels.<br />
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There is still some uncertainty about the magnitude of harvested acreage that will not be cleared up, at least partially, until the USDA releases the next Crop Production report. Even so, it appears that production will be large enough to result in a sizable buildup in stocks by the end of the current marketing year.<br />
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On the demand side, the partial shutdown of federal government activities leaves a void in the usual flow of weekly data, including export sales, export inspections, livestock slaughter, and broiler chick placements. The U.S. Energy Information Administration has also discontinued weekly estimates of ethanol production, imports, and stocks.<br />
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The primary news on the demand side has been the leaked report of an apparent EPA proposal to reduce the magnitude of biofuels mandates, including renewable (ethanol) mandates, under the Renewable Fuels Standards (RFS) beginning in calendar year 2014.<br />
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The RFS currently calls for a total of 18.15 billion gallons of renewable fuels in 2014, including 3.75 billion gallons of advanced biofuels. The remaining 14.4 billion gallons can be satisfied with either advanced or renewable biofuels. The rumored proposal for 2014 is for a total of 15.21 billion gallons of biofuels, including only 2.21 billion gallons of advanced biofuels and a maximum of 13 billion gallons of renewable biofuels.<br />
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The possibility of dropping the overall mandate by almost three billion gallons was not widely anticipated. The reduction in the non-advanced component of the mandate from 14.4 to 13 billion gallons has been interpreted as a negative development for corn demand in 2014 and beyond, he said.<br />
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Source: <a href="mailto:d-good@illinois.edu">University of Illinois agricultural economist Darrel Good</a>.<br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B005QXQUJG/outriderbooks">Crop Corn</a><br />
<a href="http://www.farmersmarketonline.com/farmsupp.htm">Farm Supply</a><br />
<a href="http://www.farmersmarketonline.com/tractors.htm">Tractors</a><br />
<a href="http://www.farmersmarketonline.com/corn.htm">Corn</a><br />
<a href="http://www.farmersmarketonline.com/a/farmmags.htm">Farm Magazines</a><br />
<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-7947633838980131712014-05-07T12:53:00.002-07:002014-05-07T12:53:35.619-07:00U.S. Pork, Beef Exports Surge in March<div class="separator" style="clear: both; text-align: center;">
<a href="http://www.amazon.com/exec/obidos/ASIN/B005QG2XGW/outriderbooks" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://ecx.images-amazon.com/images/I/51iAQ-PYxJL.jpg" height="320" width="257" /></a></div>
The pace of U.S. beef and pork exports increased sharply in March, driven by double-digit increases to leading markets Mexico, the China/Hong Kong region and South Korea, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (USMEF).<br />
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U.S. pork exports reached their highest monthly total since October 2012: 209,704 metric tons (mt) valued at $606.7 million, increasing 29 percent in both volume and value over March 2013.<br />
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Exports of U.S. beef rose 12 percent in volume to 93,380 mt valued at $516.2 million, an increase of 17 percent.<br />
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When measured in proportion to overall U.S. beef and pork production, March exports also showed gains. Total pork exports (muscle cuts plus variety meat) equated to 31.5 percent of total U.S. pork production in March (26 percent of muscle cuts alone) versus 28 and 23.5 percent, respectively, a year ago. Beef exports accounted for 14 percent of total production and 11 percent of muscle cuts – up from 12 and 9 percent in 2013.<br />
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The export value per head slaughtered set a new record of $69.93 for pork in March, topping the $60 per head mark for the first time and up from $50.38 last year. The export value per head of fed slaughter for beef was $271.57, up from $222.20 a year ago.<br />
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“Even with high prices and supply concerns, we are working to keep the visibility of U.S. beef and pork high in our key export markets, and they continue to respond positively,” said Philip Seng, USMEF president and CEO. “Among the many encouraging signs are the continued strength of the Mexican market in both pork and beef, and the rebound of South Korea, which has been an area of focus for USMEF as that market has been challenged over the past year by an over-supply of domestic product.”<br />
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Source: U.S. Meat Export Federation<br />
Complete export results are available on the <a href="http://r20.rs6.net/tn.jsp?f=001XRWIqnW781hTbWmavi-eKxf0Mf8uwuNy6thvKCsosnnK9rBgJQmpJvfmJpAZh4M3hMeNjefJ-QA_uli_fs_l-gvlKUeS7Af-fvavywCqI2DBRJtTzE312Hh5vJ9a1yWxM7aUjeC5yJHo_kubNa1IBzi30iMJkFoYvb8YotPUPvA2XoBfuvJBQUykFMLpZuzAoF72_g9biBI0UP9pb5iWDQ==&c=HXZ_AlAWNA6sa17S6l4e3HWJLqlujkIuuXSNnciM2ONa-KGhZtpRKA==&ch=1HC7F0bkPfgsRpe2MOoXJFV9FJZJidaFO5Yw_4Xbutfx_LA1xDm6ZQ==">USMEF statistics webpage</a>.<br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B005QG2XGW/outriderbooks">Butcher Shop Sign</a><br />
<a href="http://www.farmersmarketonline.com/farmsupp.htm">Farm Supply</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
<a href="http://www.farmersmarketonline.com/pork.htm">Pork</a><br />
<a href="http://www.farmersmarketonline.com/a/farmmags.htm">Farm Magazines</a>Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-37574081421573163052014-04-11T11:23:00.001-07:002014-04-11T11:27:50.615-07:00Strong Cattle Prices An Opportunity for Improvement<a href="http://www.amazon.com/exec/obidos/ASIN/B00GFV0J4U/outriderbooks" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://ecx.images-amazon.com/images/I/A1-MuEAgyLL._SL600_.jpg" height="320" width="251" /></a>Spring and summer weather may be unpredictable but everything else associated with beef cattle production looks optimistic for 2014 according to Eldon Cole, livestock specialist with University of Missouri Extension.<br />
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“I hear beef producers talk about tight margins involved in practices like vaccinating, deworming, implanting, supplement feeding, fly control and a few others,” said Cole. “But the way the cattle price situation is now this year could be the time to perform some of the practices you’ve backed away from in the past.”<br />
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Cole says profit margins are projected to be at record levels this year and likely next year for all classes of cattle. That means this could be the year to experiment a little with a herd.<br />
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“Over the years, I’ve stressed the importance of improving the genetics in our cattle. We’ve made progress but improvement can be made to practices that allow those genetics to be expressed,” said Cole. “So when management practices may not have appeared to be economically sound in the past, this year appears to be when these practices will pencil out.”<br />
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Now is a good time to inventory various management items used in the past. Some items are additive and may result in significant improvement in rate of gain, for example. Cole says it is still important to compare the cost/benefit side of the equation. But with prices going up, producers can afford to try a new practice or two now.<br />
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“I’d recommend visiting with your veterinarian, feed dealer and extension livestock specialist to assess what you might do this year to make a good year, even better. You may even decide to put a few steers in a feedout program which can evaluate your herd’s genetic merit beyond the weaned calf stage,” said Cole.<br />
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Source: Eldon Cole in Mt. Vernon, Missouri (417) 466-3102<br />
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Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B00GFV0J4U/outriderbooks">Cattle Feedlot</a><br />
<a href="http://www.farmersmarketonline.com/farmsupp.htm">Farm Supply</a><br />
<a href="http://www.farmersmarketonline.com/beef.htm">Beef</a><br />
<a href="http://www.farmersmarketonline.com/a/farmmags.htm">Farm Magazines</a><br />
<a href="http://www.farmersmarketonline.com/a/animalhusbandry.htm">Animal Husbandry Books</a><br />
<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-82999285927224541772014-01-18T19:03:00.001-08:002014-01-18T19:03:36.916-08:00The Chokehold on U.S. Cattle Markets<a href="http://www.amazon.com/exec/obidos/ASIN/B008DIYNMM/outriderbooks" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://ecx.images-amazon.com/images/I/51HRVh-gI3L.jpg" height="235" width="320" /></a>"With only four giant meatpackers in the market today, the cash market for cattle has become competitive in name only. Just 25 or 30 years ago, a cattle producer might have had a dozen meatpackers to choose from. Fattened cattle were sold at auction barns where meatpackers big aggressively for the best animals, one upping another in heated auctions. It was the best kind of price discovery, transparent and built on vigorous competition. Bad cattle fetched low prices, the best cattle fetched the highest price the market would bear.<br />
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"Those auctions for finished cattle have ended. The market, such as it is, is played out in a series of phone calls as meatpackers dial up the<br />
feedlots and tell them what they are willing to pay. The competition can be pallid. If two meatpackers don't want to buy cattle during any given week, for example, that only leaves two buyers to choose from: not the best scenario for igniting a bidding war. If three of the meatpackers aren't in the market, that would leave only one buyer, who could offer a take-it-or-leave-it price.<br />
<br />
"This gives meatpackers a chokehold over the independent feedlot owners and the ranchers that supply them."<br />
<br />
<a href="http://www.outriderbooks.com/bks/TheMeatRacket.html" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://images.amazon.com/images/P/1451645813.01.TZZZZZZZ.jpg" /></a>excerpted from:<br />
<a href="http://www.outriderbooks.com/bks/TheMeatRacket.html">The Meat Racket</a><br />
The Secret Takeover of America's Food Business<br />
by Christopher Leonard<br />
Simon & Schuster, 2014<br />
<br />
Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B008DIYNMM/outriderbooks">Auction of Hereford cattle at the San Angelo Fat Stock</a><br />
<a href="http://www.amazon.com/exec/obidos/ASIN/B008DIYNMM/outriderbooks">Show, 1940,</a> <a href="http://www.amazon.com/exec/obidos/ASIN/B008DIYNMM/outriderbooks">in San Angelo,Texas</a>.<br />
<a href="http://outriderbooks.com/cryingoutloud/">Crying Out Loud</a><br />
<a href="http://outriderreadinggroup.com/">Outrider Reading Group</a><br />
<a href="http://www.outriderbooks.com/">Outride</a>r<br />
<a href="http://www.farmersmarketonline.com/a/farmmags.htm">Farm Magazines</a><br />
<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.comtag:blogger.com,1999:blog-8944845414647876337.post-71107497356780837512013-12-18T09:07:00.000-08:002013-12-18T09:07:10.289-08:00Increased Global Grain Production Means Lower Grain Prices for U.S. Growers<br />
<a href="http://www.amazon.com/exec/obidos/ASIN/B006ODXSGA/outriderbooks" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://ecx.images-amazon.com/images/I/41W+V10pNNL.jpg" /></a>Thanks to increased global grain production and lower domestic demand for grain for ethanol, crop producers will find 2014 to be tougher than the past few years and should prepare now for lower prices.<br />
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“Prices reflect that we have moved from an era of scarcity to one of adequate inventories and prices have responded by moving lower,” said Matt Roberts, an Ohio State University Extension economist. “We are already seeing lower prices come into the market, and unless U.S. or South American acreage declines, those prices are likely to continue to move lower.<br />
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“The prices we had earlier in the year aren’t guaranteed to return.”<br />
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Thanks to several factors including no growth in ethanol demand and expanded global crop acreage, markets are moving back toward matching supply and demand, Roberts said.<br />
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Add another year of 160 or more bushels per acre yields on corn and 42 bushels per acre soybean yields, and growers can expect to see even lower prices that are well below the cost of production on land that has been purchased or cash-rented in the past three to four years, he said.<br />
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“Prices will only return to profitable levels if supply declines due to acreage leaving primary row crops or demand returns. This will likely create a significant financial strain in crop-growing areas.”<br />
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In order to prepare for the impact of lower prices, farmers should build a working capital cushion of a year to 1.5 years of land charges above what they typically need to operate.<br />
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Source:<br />
<a href="http://cfaes.osu.edu/">Ohio State University College of Food, Agricultural, and Environmental Sciences</a><br />
<br />
<br />
<a href="http://marketwatchblogger.blogspot.com/">Market Watch</a><br />
<a href="http://www.farmersmarketonline.com/NutsandGrains.htm">Nuts and Grains</a><br />
<a href="http://www.farmersmarketonline.com/farmsupp.htm">Farm Supply</a><br />
<a href="http://www.farmersmarketonline.com/a/farmmags.htm">Farm Magazines</a><br />
Artwork: <a href="http://www.amazon.com/exec/obidos/ASIN/B006ODXSGA/outriderbooks">Win a Good Harvest: Increase Grain Production</a><br />
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<br />Farmer's Market Online is...http://www.blogger.com/profile/13508386974550975183noreply@blogger.com