Source: Livestock Marketing Information Center (LMIC)
MEAT & DAIRY TRADE
February trade data was released by USDA FAS on April 4th, and USDA ERS provided carcass weight data the following day. Carcass weight trade data for meat and poultry was mixed,...
Fueled by growth in the Western Hemisphere, South Korea and Australia, U.S. pork exports posted another excellent performance in February, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef export volume was...
Source: Purdue University
U.S. farmers' perspective on the future improved in March helping to push the Purdue University-CME Group Ag Economy Barometer up 3 points from February to a reading of 114. The Index of Current Conditions at 101 was...
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
Technological developments in agriculture have enabled continued output growth without requiring much additional inputs. Innovations in animal and crop genetics, chemicals, equipment, and farm organization have made it possible for total agricultural output to nearly triple...
Source: Government of Alberta
“Cattle operations are vulnerable to drought conditions,” says Ann Boyda, provincial livestock market analyst with the Alberta government. “Periods of drought often result in a downsizing of the cattle herd. High slaughter rates are the result...
Source: USDA news release
The Census of Agriculture reports data on local or regionally branded food sold directly to retail outlets, institutions (like schools), intermediate markets (like food hubs), and consumers (via outlets such as farmers markets). These local-food sales...
Josh Maples, Assistant Professor & Extension Economist, Department of Agricultural Economics, Mississippi State University
Cattle markets through the first two months of 2024 have built upon the strong prices from 2023 and pushed even higher. Cattle auction prices are at...
Source: USDA
Anticipated percent changes in 2024 red meat, poultry, and dairy exports compared with 2023
U.S. export forecasts for red meat, poultry, and dairy for 2024 compared to actual export data from 2023 are presented below in a percent-change format....
Source: FCC
The average value of Canadian farmland continued its steady climb in 2023, increasing by 11.5 per cent, slightly less than the 12.8 per cent increase reported in 2022, according to the latest FCC Farmland Values Report.
“Farmland prices have...
