Drovers - Beef Industry News, Markets and Production
网页Industry. Reopening of East and Gulf Ports Brings Relief to U.S. Pork and Beef Industry. The end of the strike is terrific news for U.S. livestock producers and exporters who ship more than $100 million of U.S. pork and beef through those ports each week, says U.S. Meat Export Federation president and CEO Dan Halstrom. Jennifer Shike.
Industry Shifts: What Cattle Producers See Coming In the Next 5 …
网页2024年9月26日 · Despite the challenges, producers are thinking to the future with plans to add a family member and grow their herd size. In fact, 54% of producers in this year’s survey indicate they plan to add a family member to the operation (versus 51% in 2023). Even though it doesn’t appear the business will see rapid rebuilding, there are indications ...
Markets - Drovers
网页Profit Tracker: Beef and Pork Producers See Drop in Margins. Negotiated cash cattle increased an average of $1.18 per cwt. the week ending Sept. 14 and profit margins dropped by $13 per head to an industry average of $130.66 per head, according to Sterling Marketing. Farrow-to-finish hog producers found positive margins of $16 per head last ...
The Future of the Beef Industry: New Survey Data Shows …
网页6 天之前 · Looking to the Future. Producers are thinking to the future with plans to add a family member. In the 2024 Drovers State of the Beef Industry survey, 59% indicate they plan to add a family member to the operation in the next five years. That number was 54% in 2023. The question that often follows next when adding a family member is herd size.
Fall Cattle Market Update for Midwest | Drovers
网页4 天之前 · The fall run of feeder cattle has started in Oklahoma. While the total auction volume of feeder cattle is down 9.2 percent year over year thus far in 2024, the auction volume of feeder cattle has been larger by 12.9 percent year over year since Labor Day. In early October, the auction volume included calves as well as big feeder cattle from ...
Are Cattle Producers Rebuilding Their Herds Now? | Drovers
网页2024年9月25日 · The pace of expansion or herd rebuilding in the current cattle cycle will be much slower than past cycles, and the extent of herd building will also be reduced. That has been the case for previous beef inventory expansions since 1975’s peak of 132 million head as subsequent cycles have all peaked below the previous cyclical peak.
Profit Tracker: Beef and Pork Margins Improve, Beef Packer Losses …
网页2 天之前 · Negotiated cash cattle increased an average of $0.71 per cwt. the week ending Oct. 5 and profit margins increased $24.82 per head to an industry average of $89.68 per head, according to the Sterling Beef Profit Tracker. Meanwhile, beef packers saw profits drop $42 per head to a loss of $111 per head ...
Market Reports - Drovers
网页The inventory of all cattle and calves in the U.S. was 93.6 million head on January 1, 2021, down fractionally from 93.8 million head one year ago. Cash cattle traded mostly $3 higher on the week, despite light volumes and varied interest from packers.
Beef Quality: Where We’ve Been, and Where We’re Going
网页2024年9月24日 · 1. Commodity Choice has remained relatively steady at an annual average of 41% since 2011. However, the mix around that flat line has dramatically changed over time. 2. Select volume has steadily slid from 28% to 13% of the slaughter mix. 3. CAB + Prime volume has replaced the difference, increasing from 20% to 35%.
Good News: Consumers Continue To Choose Beef | Drovers
网页2024年9月23日 · Battle for Margin. Nevertheless, while fed beef supply has held steady, it’s likely that trend will be pressured in coming years. Beef cow inventory started the year at 28.2 million head. The Jan. 1 feeder cattle supply outside of feedyards was just 24.2 million head, down 5% from 2023 and off 10% from the recent peak of 26.6 million head in ...