Your roundup of trending Thanksgiving headlines should give you plenty to discuss with your loved ones after your meal is over! Find out what’s going on in the beef industry this week and let me know what you think! Happy Thanksgiving from my ranch to yours! Related: Rising food prices and demand for beef 1. […]
Category: Cattle prices
Cereals consolidate as livestock increase | Ag / Energy
Happy beginning of Thanksgiving to you and your families, market watchers. That’s right, the holiday season is pretty much here. Did you know that the world’s largest freshly cut Christmas tree stands in downtown Enid, Oklahoma, and that it will “light up the plains” next Friday night after Turkey Day? With a shortened holiday trading […]
Winter wheat takes the lead, but spring wheat may not be finished yet
Part of it, Martinson said, is a simple flow; the two classes cannot stray too far from the markets. But there were also fundamental reasons for winter wheat to move forward, including weather issues in the United States and Australia. But, Rook asked, does that mean the spring wheat party is over? “I think once […]
AACo sees beef strain, as Holmes a Court takes stake
AACo said the higher prices reflected its controversial strategy of focusing on a high-end brand – it even uses food “influencers” such as chefs who promote products – and “strategic market allocation” . But one problem in the industry is that drought has caused massive reductions in storage levels in previous years, so slaughter rates […]
Germany: 21% of production costs not covered by the price of milk
New Germany: 21% of production costs not covered by the price of milk November 16, 2021 Production costs are 45.30 cents per kilogram, while the farm gate price for milk was only 35.79 cents per kilogram. The Milk Marker Index (MMI) represents the evolution of milk production costs. According to quarterly data released by the […]
Prairie cattle ranchers face food and water shortage as winter approaches
The consequences of last summer’s meteoric drought are being felt on farms and ranches across the Prairies, where some ranchers are heading into a long, cold winter with dangerously low food and water supplies. At his ranch near Nanton, in southern Alberta, Canadian Cattlemen’s Association president Bob Lowe said he was lucky for the late […]
Nebraska ranchers have plan to tackle Big Beef and restore local economy
Plans to disrupt the Nebraska beef industry began in Hanoi, Vietnam. Breeder Rusty Kemp was on a business trip in 2019 with Nebraska Governor Pete Ricketts. He was complaining about the meat industry when he remembers the governor turning to him and saying: Well, let’s see how to fix this problem. Get after that. Kemp […]
Lean Pork Futures on the Launch Pad … Again
If you’ve been following my monthly articles, you might remember the spacecraft launch I predicted last January and February. Indeed, pork prices were significantly higher at the start of the summer. But, the strength of the spot pork market suddenly ran out of gasoline in mid-June. This development coincided with a decision to satisfy a […]
Packers win fall race | The western producer
The price impact of this year’s drought on Canadian ranchers is starting to be felt as western Canadian cattle begin their journey off the rangelands and into markets. For Alberta Beef Producer President Melanie Wowk, this year’s fall run will see more cows heading to market than usual due to the drought. “I can tell […]
High livestock prices threaten the sustainability of Indonesian feedlots
The head of the Indonesian Beef Cattle Industry Association has expressed fears that if there is not an imminent correction in the high price of Australian feeder cattle, the viability of an important partnership commercial operation for 30 years would be in danger. Australian cattle fed in Indonesia. Pak Didiek Purwanto, chairman of Gapusfindo, told […]