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TheBeefSite Newsletter - 20 October 2010

TheBeefSite Weekly Newsletter
Wednesday 20th October 2010
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Welcome to this week's newsletter

Editorial: A Look At Cattle Prices

Finished cattle prices in the US are expected to set a record high this year. The USDA expects beef exports to expand by 18 per cent, with a fall in imports.

Asian markets appear to be leading the export trade, with purchases from South Korea and Japan up substantially.

Higher feed prices will eventually lead to a shortage in beef supply, which will in turn support high beef prices.

This is, however, having opposite effects on calf prices. Higher feed costs will push calf prices down, whereas higher finished cattle prices push calf prices up.

In the UK, beef prices have continued to decline, threatening the viability of the beef sector.

Industry experts are warning that many producers are operating below the cost of production, with many fearing that costs will continue to escalate due to a shortage of feed and bedding this winter.

However, there is a glimmer of hope. High feed prices may prevent many from raising livestock over the winter, which in the long term will lead to a shortage in supply. This in turn will push beef prices up.

Charlotte Johnston

* This Week's Feature Articles

We have 4 new features this week:

EU Meat Sector Trends and Trade
The Common Agricultural Policy in Europe has been undergoing a series of reforms and changes over the last 20 years, but still it has an image of protectionism among a large number of non-EU countries, writes TheCattleSite senior editor, Chris Harris.
Feeding Cows This Winter
Our year in Virginia began under plenty of snow which gave way to a muddy March and more recently into a dry summer and early fall, says Dr Mark Mc Cann, Extension Animal Scientist from Virginia Tech.
EU-27 - Livestock and Products Annual 2010
Beef and pork exports are expected to recover this year, writes Bob Flach in the latest GAIN report from USDA Foreign Agricultural Service. Between 2009 and 2011, EU cattle and pig numbers are projected to shrink 2.3 and 1.6 per cent, respectively.
US Feed Outlook - October 2010
Corn planted and harvested areas are both increased this month, but a 6.7-bushel-per-acre decrease in yield lowers forecast corn production 496 million bushels. Production also is decreased for sorghum, barley, and oats, according to the USDA's Economic Research Service (ERS).
VIV America Latina
* Company News

Pfizer Announces 'Commitment to Veterinarians'
US - Pfizer Animal Health launched a US initiative reaffirming its steadfast support for the veterinary profession. Under the banner Commitment to Veterinarians, Pfizer pledged to comprehensively address the significant short- and long-term unmet needs facing practicing veterinarians and students in the United States.
* Global Beef Cattle Industry News


 » FMD NEWS: Mongolia Vaccinates Animals
 » Rinderpest Eradicated


 » Chilean Beef Imports On The Rise

   United Kingdom

 » UK Slaughter Statistics - October 2010
 » LMC Report: Increase In UK Beef Exports
 » Time Is Right For Beef Prices To Rise
 » VLA National Conference Summary
 » Tight Supply May Push Prices Up
 » Have Your Say On Cutting Red Tape
 » Beef Farmers Will Be Driven Out Of Industry
 » Hope Despite Tough Economic Conditions
 » Feeding The Animals That Feed Us
 » UK Beef And Pigmeat Sales Showing Resilience
 » Sainsbury's Retail Traditionally Matured Beef

   United States

 » Strong Momentum Continues for US Beef Exports
 » CME: Slight Increase in 2010 Beef Consumption
 » CME: World Meat, Poultry Trade; US Ethanol Blend Rate
 » Wheat Re-growth Offers Grazing Opportunities
 » Congress Should Not Interfere With GIPSA
 » Genetics Help Cattle Producers Earn Premium Prices
 » Maintain Livestock Trade Between US And Mexico
 » Exercise Caution When Grazing Cattle In Cold Weather
 » Radical Reform Needed To Meet Challenges
 » Senator Voices Concerns About GIPSA Proposed Rule
 » CME: YTD Beef Exports Lower; Pork Exports Higher
 » Cattle Outlook: Positive Outlook For Exports
 » Cattle Industry: Bright Long-Term Outlook
 » Is There A Place For Naturally Raised Beef?
 » 2011 Cattle Industry Convention & NCBA Trade Show
 » Be Proactive In Beef Quality Assurance

Animax Veterinary Health

 » MLA Market Update
 » AgForce Secures Bligh’s Commitment To Revisit Reef
 » Feed Budgeting Imperative For SW Cattle Producers
 » Weekly Australian Cattle Summary
 » Beef Spectacular 2011
 » Tuesday Daily Livestock Markets
 » Beef Producers Must Vote Against MLA Wind-Up

   European Union

 » EC Proposes Ban On Use Of Cloned Animals
 » Temporary Suspension Of Cloning For Food Production


 » Mozambique Reports Three New FMD Outbreaks

Intervet/Schering-Plough Animal Health

 » Non-Refundable Beef Levy To Improve Marketing
 » Nations More Open To Bilateral Trade Agreements


 » Brazilian Schools Eat Organic Beef


 » Demand For Cattle Imports As Ban Is Lifted

   New Zealand

 » Opportunities For New Zealand Meat In China


 » Mongolia Vaccinates Animals Against FMD


 » Irish Launch Beef Promotions In The Netherlands
 » France Lead Irish Export Market

Cow Signals Training Books

That's all for this week!

Events / Promotions
The Drost Project - A Visual Guide to Porcine, Pig Reproduction.
Eurotier 2010
VIV America Latina
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Beef Cattle Industry Showcase
Intervet/Schering-Plough Animal Health
Biomin - The Natural Way
Dutrion Chlorine Dioxide
Animax Veterinary Health
Genus - Value through science and genomics
VIV America Latina
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