Reality can bite for voters ruled by emotion rather than informed decision-making. But this time it might take something to bite. California restaurateurs are increasingly concerned that a meat-based staple of many dishes, especially at breakfast-centric restaurants, will be removed from their menus in January. From there, much of American pork production will be banned […]
Category: Cattle prices
DA announces temporary ban on beef from Brazil
The Ministry of Agriculture (DA) has announced a temporary halt in the issuance of permits for the importation of live cattle and its meat products from Brazil amid reports of an outbreak of the disease mad cow in the country earlier this month, according to an order memorandum. In the note posted to the department’s […]
As beef prices rise, processors fail to reap the benefits
WESTON, Wisconsin (WAOW) – Beef prices continue to rise and it might not stop anytime soon. Marathon County beef processors do their best to make sure they can stay afloat. However, the higher prices of meat are not helping them. “It’s frustrating on our end,” said Renee Radcliffe, owner and operator of S&R Angus. “We […]
Limousin bull breaks Norwich cattle market price record
A ‘monumental auction battle’ at the Norwich Livestock Market saw £ 6,700 paid for a purebred Limousin bull – the best auction price ever. The impressive two-year-old animal, named Withersdale Pinocchio, broke the previous record of £ 4,200 at the bimonthly sale on Hall Road. The new owner is Will Hemmant of Woodhouse Farms in […]
Reduced competition driving up meat prices –
DURANT, Oklahoma (KTEN) – Prices for beef, chicken and pork continue to rise in the market due to a lack of competition in the meat packaging industry. “There is a huge lag,” said Jeff Hazaleus, owner of Durant Stockyards. This disconnect is between ranchers and meat packers. “The farmers and ranchers who don’t even make […]
New Mexico cattle ranchers suffer losses from drought in the west
State Senator Pat Woods has seen a lot of it over the past year – cows taken from a herd and sent to slaughter because their owners could no longer afford to feed them. “It was terribly dry,” said the longtime breeder and Republican lawmaker from Broadview, a herding community in the eastern plains of […]
The Competition Council wants to lower consumer prices
The White House’s goal is transparency in the economy Associated press Sep 10, 2021 2:40 p.m. Agriculture Secretary Tom Vilsack speaks at the daily White House briefing on Wednesday, while National Economic Council Director Brian Deese listens. (Associated press) A new White House council on U.S. economic conditions held its first meeting on Friday, with […]
LIVESTOCK-CME Live Cattle Futures Fall To Three-Month Low Amid Slowing Demand
CHICAGO, Sept. 7 (Reuters) – Chicago Mercantile Exchange live cattle futures hit their three-month low on Tuesday as demand for beef slows, leaving beef producers with ample supply as the Demand from packers is weakening, traders said. “Packers are bought for long distances – they have a lot of inventory,” said Scott Varilek, broker at […]
Beef prices could fall as cattle prices rise
Prepared and written by Jeff Swenson, DATCP Livestock and Meat Specialist. The Market Update pulls information from multiple sources, including trade publications, radio broadcasts, agricultural information services, people involved in the industry, as well as USDA NASS and AMS reports. Bids for feeder cattle in auction markets this week are mostly flat. However, slaughterhouses did […]
Beef prices strengthen in major export markets
IFA Livestock President Brendan Golden said tight supplies and strong resistance from farmers kept beef prices up this week as some factories were forced to increase their quotes to secure numbers. actors pay € 4.20 / kg base price to get steers this week, with up to € 4.25 / kg available for heifers despite […]