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TheCattleSite Latest News: United States

01 January 2020
View news from United States CME: Export Sales Somewhat Disappointing for Beef
US - An update provided by Steiner Consulting Group, DLR Division, Inc. states that livestock futures traded regular hours on 31 December. Market was closed for New Year’s. Tomorrow (Thursday) will be regular open and close....
28 December 2019
View news from United States CME: Beef Rib Primal Value Collapses, but Pullback in 2019 More Significant
US - USDA reporting disruptions caused us to delay issuing the normal production and price summary, which is usually included with the Monday DLR, writes Steiner Consulting Group, DLR Division, Inc....
25 December 2019
View news from United States CME: Total Beef Supply in Cold Storage at November-end Lower Than a Year Ago
US - Record pork production and increases in both poultry and cattle slaughter contributed to higher than normal increases in the supply of meat protein in cold storage, according to Steiner Consulting Group, DLR Division, Inc....
24 December 2019
View news from United States CME: Cattle Inventories in Feedlots Up from a Year Ago
US - Cattle inventories in feedlots with a capacity of 1,000 head or more on 1 December were up 2.5 percent from a year earlier, according to Steiner Consulting Group, DLR Division, Inc....
23 December 2019
View news from United States House Approves USMCA; USMEF Welcomes Legislation
US - On 19 December, the US House of Representatives approved implementing legislation for the US-Mexico-Canada Agreement (USMCA)....
20 December 2019
View news from United States CME: Reopening of Tyson Beef Plant Likely to Take Time to Reach Full Capacity
US - The Tyson plant, that shut down from a fire in mid-August, was scheduled to reopen its doors and begin accepting cattle the first week of December. This plant will likely take time to reach full capacity, according to Steiner Consulting Group,...
19 December 2019
View news from United States CME: Cattle Placement Weights Heavier This Fall
US - "Cattle on Feed" pre-report estimates were released on Tuesday for the upcoming report that will be issued by USDA-NASS on 20 December, reports Steiner Consulting Group, DLR Division, Inc....
18 December 2019
View news from United States US, China Reach Phase One Trade Agreement; 'US Industry Excited'
US - On Friday (13 December), the Office of the US Trade Representative (USTR) announced that the US and China have reached an historic and enforceable agreement on a Phase One trade deal that requires structural reforms and other changes to China’s...
17 December 2019
View news from United States CME: Producers Still Facing Challenge of Limited Supply of Hormone-free Beef
US - Both US and Chinese officials confirmed on Friday that a partial deal had been reached, resulting in lower tariffs on some Chinese products and higher purchases of US agricultural goods, according to Steiner Consulting Group, DLR Division, Inc....
16 December 2019
View news from United States CME: Retail Beef Prices Higher in November
US - Retail beef prices were higher in November and, judging from the gains in the choice beef cutout during the last few weeks, we would expect retail price inflation to continue to climb in December and January, writes Steiner Consulting Group, DLR...
13 December 2019
View news from United States CME: Beef Export Report Leans a Bit Bearish
US - USDA issued this morning its weekly beef and pork export report (there is no such report for poultry). Our first take was that the report was somewhat neutral for pork (positives and negatives cancelled out) but leaned a bit bearish for beef,...
View news from United States NFU Board Backs Amended USMCA
US - In a closely divided vote, the National Farmers Union (NFU) Board of Directors opted to support an amended US-Mexico-Canada Agreement (USMCA) released earlier this week....
View news from United States Team Finds Bovine Kobuvirus in US
US - A virus that afflicts cattle that was first discovered in Japan in 2003 has made its way to the US, according to a report by researchers....
10 December 2019
View news from United States CME: Beef, Veal Exports Track Below Year Ago Levels
US - USDA Economic Research Service (ERS) released the October meat trade data on 6 December 2019. Beef and veal exports have been tracking below year ago levels for each month this year, according to Steiner Consulting Group, DLR Division, Inc....
View news from United States Tyson Looks to Expand Beef Operations Internationally
US - Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc. yesterday signed an agreement with the Republic of Kazakhstan and private holding company Kusto Group to collaborate on a project that, in its initial phase, could lead to...
09 December 2019
View news from United States CME: Decline in Total Weights of Slaughter Cows in 2019
US - This publication covers the 90s market quite regularly, but another subset of the cow market that has gained steam this year is premium whites, writes Steiner Consulting Group, DLR Division, Inc....
View news from United States US Beef Exports Down from Last Year
US - October beef exports were below the very high totals posted a year ago, according to data released by USDA and compiled by USMEF....
06 December 2019
View news from United States CME: Choice-select Boxed Beef Spread Above Same Week Last Year
US - The choice-select boxed beef spread was $21.07 the last week of November, this was 47 percent above the same week last year, according to Steiner Consulting Group, DLR Division, Inc....
05 December 2019
View news from United States CME: COF Report Skewed Toward Lower End of Pre-report Estimates
US - Last week, this publication noted that placements in October were rumored to be quite large, but that the "Cattle on Feed" report skewed toward the lower end of pre-report estimates, according to Steiner Consulting Group, DLR Division, Inc....
View news from United States Tyson's Kansas Beef Plant to Resume This Month
US - Following the 9 August fire that disrupted operations at its Holcomb, Kansas beef complex, Tyson Fresh Meats, last month made an announcement that reconstruction of the facility is near completion. ...
View news from United States Japan Parliament Approves US-Japan Trade Agreement; Positive News for US
US - On 4 December, the Upper House of the Japanese Parliament approved the US-Japan trade agreement, which will greatly improve access for US red meat in Japan. ...
04 December 2019
View news from United States US Grain Elevators Facing Tighter Margins, Revenue Pressures in 2020
Grain elevators face significant challenges in the year ahead as they buy basis on corn, soybeans, and wheat at the highest levels seen in years. ...
View news from United States CME: Beef Retail Activity for W47 Above Last Year's Level
US - The retail feature activity index reported by USDA is publicly available information that tracks the weekly features of retail and some private stores, writes Steiner Consulting Group, DLR Division, Inc....
View news from United States Proposed Rule Would Level Playing Field for Organic Dairy Farmers
US - A policy that allows a one-time transition of dairy cows from conventional to organic production has been inconsistently enforced, putting farmers who play by the rules at a competitive disadvantage and undermining the integrity of the organic label....
03 December 2019
View news from United States CME: Beef Prices Slightly Volatile During Holiday Week
US - While beef prices tend to be a bit volatile during the holiday week, they don’t face the same sort of constraints as pork, reports Steiner Consulting Group, DLR Division, Inc....
02 December 2019
View news from United States CME: November Beef Export Shipments, Sales Quite Strong
US - Weekly trade data released from USDA offered a rather positive view of US beef export demand although, as usual, we suggest you pay attention to the detail and understand what these numbers tell us, writes Steiner Consulting Group, DLR Division,...
01 December 2019
View news from United States US-based Dean Foods Bankruptcy Update
Many people will have heard that Dean Foods declared bankruptcy recently and thought about the gallon jug in their refrigerator and wondered what is going on, writes Phillip Durst, Michigan State University Extension...
29 November 2019
View news from United States USMEF Calls EU Approval of US-EU Beef Agreement 'Outstanding News'
US - On 28 November, the European Parliament voted to approve a plan granting the United States a country-specific share of the European Union’s duty-free high-quality beef quota. ...
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