Drovers - Beef Industry News, Markets and Production
Profit Tracker. Profit Tracker: Hog Margins Improve as Beef Margins Disappoint. The estimated total cost for finishing a steer last week was $2,770 per head. Hogs placed for finishing last week had a breakeven at $68.36 per head. Jennifer Shike.
A Look at Beef Exports and Imports Through Third Quarter of 2024
1 day ago · imports. (AgWeb) By Derrell S Peel November 14, 2024. Total beef exports increased 3.6 percent year over year in September, bringing the total for the first nine months of the year to just 2.9 percent below last year (Figure 1). Japan is the number one export market, up 8.4 percent in September and up 0.6 percent year over year thus far in 2024.
Markets - Drovers
Negotiated cash cattle increased an average of $1.18 per cwt. the week ending Sept. 14 and profit margins dropped by $13 per head to an industry average of $130.66 per head, according to Sterling Marketing. Farrow-to-finish hog producers found positive margins of $16 per head last week, down $2.91 from the previous week.
Ag Grain Commodity Markets, Prices & Futures | Drovers
Market Reports. Total beef production is down a scant 0.7 percent so far this year and may end the year equal to year ago levels. Despite this, wholesale and retail beef prices are higher thus far in 2024. Grain commodity markets impact farmers, producers, and consumers alike. View the latest prices and market data on Drovers.
Livestock Markets - Drovers
Oct 25, 2024 · 4 years ago. Fed’s Announcement Not Showing Much Impact to Livestock Markets. Fears of the coronavirus continue to haunt the stock market despite the Federal Reserve’s efforts to calm it. Live cattle prices have dropped to numbers producers and traders haven’t seen in nearly a decade.
Drovers | Drovers
Latest News From Drovers. Ohio cattleman, teacher and retired Ohio State University extension agent John Grimes, Maplecrest Farms, completes his term as Certified Angus Beef board chair. Low-stress squeeze chute operation is important because research has shown cattle that become agitated in the chute have tougher meat and more dark cutters ...
State of the Beef Industry | Drovers
Sep 21, 2023 · America’s beef producers are optimistic about the future, and the state of today’s industry is strong. Those are two highlights from the 2023 Drovers State of the Industry survey and reported in this special section.
Livestock Analysis - Drovers
2 days ago · Latest News From. Livestock Analysis. World Agricultural Supply and Demand Estimates. USDA report estimates cattle and hog prices forecasted for rest of 2024 and into 2025 raised based on recent prices and the continued strength …
Meat - Drovers
Sep 12, 2024 · Pork and Beef Exports Brought Significant Returns to Corn and Soybean Producers in 2023. Pork and beef exports of $18.1 billion in 2023 had a significant impact on the corn and soybean industries, according to an independent study conducted by The Juday Group and released by the U.S. Meat Export Federation. USMEF.
World Agricultural Supply and Demand Estimates | Drovers
2 days ago · By Maggie Malson November 13, 2024. According to the World Agricultural Supply and Demand Estimates (WASDE) report released Nov. 8, red meat and poultry production rose from last month with higher beef, broiler, and turkey production forecasts, partially offset by lower pork production. Beef went up as higher dressed weights and cow slaughter ...