Americans will have plenty of beef for the freezer, with enough left over to export in 2011, but supply will shrink in 2012 because the cattle herd is getting smaller, according to U.S. government reports released July 22. A USDA feedlot cattle report showed 10.45 million cattle were being fattened for slaughter on July 1, […] Read more
Plenty of U.S. beef – for now, that is
U.S. hog herd up slightly, no expansion yet
U.S. hog producers are not expanding herds as worries about high feed costs have them managing what they have, analysts said Friday after a government report showed only a slight increase in hogs. The U.S. Agriculture Department showed the hog herd as of March 1 at 63.964 million head, up 0.7 per cent from a […] Read more
U.S. cattle, hogs recover Friday from quake-related selloff
U.S. cattle and hog futures closed sharply higher Friday and for the week with the April cattle the highest ever for a lead contract on widespread fund buying and short covering. Both markets have fully recovered the losses incurred shortly after Japan’s March 11 earthquake. In the days after that disaster, cattle futures lost about […] Read more
Cyber-Savvy Farmer
