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Cattle marketplace continues to grind lower

Cattle marketplace continues to grind lower

While the grain side of the ag marketplace has seen some price relief in recent days following the most recent USDA reports, soybean purchases by China, and weather premium being priced into the market due to heat concerns, the cattle side of the ag marketplace is a different story. The cattle markets have hit the summer doldrums according to Jim McCormick, co-founder of AgMarket.net. He says that the live cattle market has been trending lower since the end of June. McCormick says that in...

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Grassley discusses E15 vote in the House

Grassley discusses E15 vote in the House

The United States House of Representatives will vote on year-round E15 legislation this week. United States Senator Chuck Grassley (R-IA) was asked about the legislation’s chances of passing in the House. Grassley also discusses what the next step for that legislation...

Western drought intensifies despite Midwest rainfall

Western drought intensifies despite Midwest rainfall

Recent rainfall across Iowa and much of the eastern Midwest has helped improve soil moisture conditions heading into the growing season, but USDA Chief Meteorologist Brad Rippey says many areas farther west continue battling intensifying drought conditions. Speaking...

TQA certification promotes efficient and safe animal handling

TQA certification promotes efficient and safe animal handling

Transport Quality Assurance®, or TQA, focuses on practical, real-world skills that help handlers and drivers move pigs humanely and efficiently. Stephanie Wetter with the National Pork Board says the program is updated every three years to ensure continuous...

Grassley sows doubt on farm bill’s Senate prospects

Grassley sows doubt on farm bill’s Senate prospects

The U.S. House of Representatives passed its version of the farm bill on April 30th by a 224–200 vote. With passage through the House, this is the furthest a farm bill has advanced since 2018. However, despite passage in the House, the farm bill still has a long way...

U.S. red meat exports were strong in March

U.S. red meat exports were strong in March

March exports of U.S. pork were among the largest on record, concluding a very strong first quarter, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said increased year-over-year to...

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Cattle marketplace continues to grind lower

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...