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TheBeefSite Newsletter - 10 June 2009
Wednesday 10th June 2009
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Welcome to this week's newsletter

New Cracks Appear as US Beef Foundation Crumbles

In a meeting held last week in the office of the U.S. Department of Agriculture (USDA), R-CALF USA CEO Bill Bullard informed officials that urgent action is needed to restore the viability of the U.S. cattle industry. "USDA must first restore the integrity of the US cattle industry by restoring the health of our domestic cattle herd and the safety of the beef produced from our cattle," said Bullard. He may have a point.

This week, a series of CME reports showed gloomy forecasts for US beef. The first showed that despite significant reductions in US meat supplies, red meat prices generally are well below year ago levels. "Weak cattle prices are also having an impact on cow calf producers," it said. "Feeder cattle prices have declined as feedlots have become much more cautious in light of weak out-front fed cattle pricing as well as rising feed costs."

A later CME report said that Feeder cattle have been especially battered by prospects of higher corn prices in the coming months. "As feed prices escalate, feedlot purchases of feeder cattle tend to decline, especially when beef demand has yet to gain its footing."

Then later, a third CME report showed how recent wild fluctuations have badly hit beef packers just as they have for producers. "Packer margins have been very variable as packers try to handle the impacts of the world economic slowdown on both domestic and export demand."

Adam Anson

Claas - Time for new rules
* This Week's Feature Articles

We have 5 new features this week:

The State of the US Beef Industry Through R-CALF'S Eyes
The US cattle industry is contracting and its international market competitiveness has been weakened. Producers and consumers suffer at the hands of corporate industrialisation, but R-CALF USA believe it has developed a plan that will turn this whole situation around - Adam Anson reports for TheCattleSite.
Marketing Fed Cattle
Fed cattle are cattle at the completion of a finishing phase that are marketed for harvest, says this Mississippi State University Extension Services Report, by Dr. Jane A. Parish, Dr. Justin D. Rhinehart and Dr. John D. Anderson.
Meat Case Math
When cattlemen put an asking price on a bull or a load of calves, they set it as high as they can reasonably hope for a sale, writes Miranda Reiman, Certified Angus Beef.
One Needs to know Costs
Calving at a later date gives producers an increased opportunity to place cows on grass while the cow is either very pregnant or milking, writes Kris Ringwall, Beef Specialist, North Dakota State University Extension Service.
World Agricultural Supply and Demand Estimates - June 2009
Total US meat production for 2009 and 2010 is reduced from last month as higher forecast feed prices are expected to reduce prospects in the pork and broiler sectors, according to the World Agricultural Supply and Demand Estimates, produced by the USDA's World Agricultural Outlook Board.
* Company News

More Visitors Attended VIV Russia 2009
RUSSIA - Visitor numbers were up VIV Russia 2009 despite the worldwide recession.
* Global Beef Cattle Industry News

   European Union

 » BLUETONGUE: Vaccine Price Cuts Cost Thousands

   United States

 » Oregon Firm Recalls Ground Beef over E. coli Fears
 » Letter to the Secretary Outlines US Dairy Rescue Plan
 » AMI Concerned Over Food Safety Enhancement Act
 » Antibiotics Bill Defeated in California
 » Proposition 2 Grows New Offshoots
 » Reducing Emissions: a Sweet Breath of Fresh Air
 » Study Breaks Link Between Red Meat and Cancer
 » Temple Grandin To Speak In South Dakota
 » The Grass is Greener in the 21st Century
 » New FDA Guidelines on Veterinary Feed Directive
 »  R-CALF CEO Informs USDA of Urgent Beef Trouble
 » Weekly Outlook: Will the US Run Out of Soybeans?
 » CME: Red Meat Prices Below Year Ago Levels
 » CME: US Cattle Producers Struggling
Intervet/Schering-Plough Animal Health

 » Beef Exports: Indonesian Officials Visit Ireland


 » Improved Traceability Enhance Export Opportunities?
 » Promising First Step on Journey to Food Traceability


 » Indonesia Threatens Ban on Australian Beef Imports
 » ABA Says Victims of Flood Need Hope
 » Weekly Australian Cattle Summary


 » UN, Norway Boost Cattle Farmers
DuPont Animal Health Solutions

 » China's Dairy Industry Out of the Bottom


 » Beef Containers Held up at Indonesian Port

   New Zealand

 » Higher Input Prices Put Pressure on NZ Beef

   Russian Federation

 » US in Russia to Discuss Accession to WTO

   United Kingdom

 » Cost of Fallen Stock Disposal to be Reduced Further
Genus - Value through science and genomics

That's all for this week!

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