Source: USDA news release
Large family farms were more likely to have stronger financial performance than other farms, according to USDA, Economic Research Service (ERS) researchers reporting data from the 2021 Agricultural Resource Management Survey (ARMS).
ERS researchers measured financial performance...
Source: ADM, Chris Lehner
MORNING LIVESTOCK FUTURES OUTLOOK
LIVE CATTLE
Cash cattle in the Midwest on light sales were $1.00 higher from $186.00 to $187.00 and dressed prices $295.00. Cash cattle in the Southwest were $1.00 to $2.00 higher mostly $184.00 on light...
Volatility in Live Cattle futures rises to its highest level since December. Oliver Sloup discusses. Learn More: https://www.cmegroup.com/markets/agri…
Source: USDA news release
USDA's Economic Research Service (ERS) forecasts that U.S. net cash farm income (NCFI), defined as gross cash income minus cash expenses, will decrease by $42.2 billion (25.8 percent) to $121.7 billion in 2024 in inflation-adjusted dollars....
Source: USDA
China’s emergence as a major meat producer, consumer, and importer creates export opportunities for the United States and other producers. China has become the world’s largest meat importer, as growth in its own production has diminished. Growth in...
Source: FCC
Farm Credit Canada (FCC) has released an analysis of the rent-to-price ratio for cultivated farmland in Canada. The rent-to-price ratio is obtained by crossing cash rental rates and the Farmland Values Report data. A ratio trending lower suggests that...
Source: USDA
Summary
Beef/Cattle: Drought continues to have a role in the timing of cattle slaughter. Based on stronger expected pace of fed cattle and beef cow slaughter in late 2022, the production forecast for this year is fractionally higher than last...
U.S. pork exports topped year-ago totals for the second consecutive month in September, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). September beef exports were below last year for the first time...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, Adriana Valcu-Lisman, and Margaret Cornelius
The Livestock, Dairy, and Poultry Outlook for November 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates Report on domestic and...
Source: USDA, by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for January 2023 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates report on domestic and international markets...
