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Lower supplies, higher prices in latest USDA beef outlook

Lower supplies, higher prices in latest USDA beef outlook

Recent trends within the industry have continued in the latest USDA beef production and price forecasts as part of the July meat outlook. USDA World Agricultural Outlook Board Chair Mark Jekanowski says with another month of tightening supplies, the projected steer prices are on the rise. Jekanowski explains that lower numbers in the steer and heifer slaughter for this month have lowered the beef production forecast. That was USDA World Agricultural Outlook Board Chair Mark...

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Producer-led Advisory Committee to advance National Swine Health Strategy

Producer-led Advisory Committee to advance National Swine Health Strategy

The industry’s Swine Health Advisory Committee helps build on what’s working and accelerates action to ensure the National Swine Health Strategy reflects producers’ needs. Paul Ayers, chair of the advisory committee, said producers are working hand in hand with common...

European weather supports wheat prices

European weather supports wheat prices

The wheat market started the week after the Fourth of July holiday with a strong rally as traders responded to weather concerns in Europe. Although prices have since given back some of those gains, uncertainty surrounding overseas production continues to lend support...

U.S. Export Sales Report (7-9-26)

U.S. Export Sales Report (7-9-26)

This week’s export sales were mostly within the range of estimates. Both corn and soybeans continue to see a lot of good news in the weekly reports. Allendale commodity broker Greg McBride said the corn numbers were slightly low, but that doesn’t change the positive...

Hot and dry weather expected in the Corn Belt

Hot and dry weather expected in the Corn Belt

A heat dome is moving northward from Southern California to the Dakotas and the Corn Belt, bringing temperatures more than 10 degrees above average for several days. AccuWeather Senior Meteorologist Chad Merrill describes the weather across the Corn Belt as hot and...

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Two wars add uncertainty to grain markets

Two wars add uncertainty to grain markets

Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect...

May meat exports paint a complex picture

May meat exports paint a complex picture

Exports of U.S. beef and pork were held back in May by key market access issues, beginning with suspensions of beef plants in China. According to USMEF President and CEO Dan Halstrom, market access issues in China and Mexico have limited U.S. beef and pork exports....