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News from May Cattle on Feed Report
The May Cattle on Feed Report offers some of the latest trends from the cattle feedlots. USDA livestock analyst Michael McConnell provides some details. Total inventory was up 2% year over year, that was driven in part by a 6% increase in April of cattle placed in feedlots compared to last year. McConnell says that marketings of fed cattle decreased 10% from the previous year. That was USDA livestock analyst Michael McConnell.
Major progress on beef trade at U.S.-China summit
On Friday, May 15, China’s General Administration of Customs (GACC) granted a five-year registration extension to 425 overdue U.S. beef establishments in China’s Food Import Food Establishment (CIFER) system – a critical step toward restoring market access for U.S....
NWS cases less than 100 miles from U.S. border
There are over 1,800 active cases of the New World Screwworm in Mexico, and 15 of those cases are now less than 100 miles from the U.S. border. Rear Admiral Michael Schroyer, the associate administrator of the Animal and Plant Health Inspection Service, says that...
China agrees to $17 billion in ag purchases
China has agreed to purchase at least $17 billion in U.S. agricultural products annually through 2028. That’s according to a White House fact sheet released Sunday following President Donald Trump’s visit to Beijing. The agreement came after meetings between Trump and...
USDA watching western drought, Midwest summer outlook
Summer weather patterns remain difficult to predict heading into the heart of the growing season, but USDA Chief Meteorologist Brad Rippey says current forecast models continue pointing toward ongoing drought concerns across much of the western United States. Speaking...
Recapping a volatile week in the grain markets
President Trump’s meeting with China President Xi Jinping is over, and, unfortunately, it doesn’t seem like there was much discussion about agriculture. The ag industry was hoping for some official trade deals, but all we’ve seen so far are verbal agreements between...
Stay prepared for natural disasters in farm country
Here in Iowa, tornadoes and other severe weather storms can decimate an area in no time. The same is true for much of the country- in fact, data shows that 90% of US counties have experienced a flood, hurricane, wildfire, or other calamity serious enough to receive a...
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Meat demand is rising even as prices climb higher
As the summer grilling season kicks off, consumers may find higher prices at the meat counter. However, those prices might not reduce demand. Bernt Nelson, an economist with the American Farm Bureau Federation, said consumers are eating more meat than ever before as...
South American Weather and Crop Update (5-19-26)
After several weeks of dry weather that started to raise concerns over crop conditions, farms in Brazil finally found some relief in some timely rains. Allendale commodity broker Ben Breisch said that rain may have still come in a little too late, however. Breisch...
Grassley discusses what’s next for farm bill in the Senate
United States Senator Chuck Grassley (R-IA) says there is little room for bargaining in the Senate on a key farm bill demand from Democrats. Grassley says that Senate Ag Democrats are asking for too much in farm bill negotiations. Grassley argues that forcing states...
Right-to-repair settlement gets preliminary approval
A federal court has granted preliminary approval to John Deere’s proposed $99 million antitrust settlement involving farmer right-to-repair lawsuits. DTN said that clears the way for producers to review or challenge the agreement before final approval later this year....
NCBA says Prop 12 language critical for cattle producers
The National Cattlemen’s Beef Association says language dealing with California’s Proposition 12 law has become one of the most important livestock issues tied to the Farm Bill debate in Washington. During the recent NAFB Washington Watch event, NCBA’s Sigrid Johannes...
