(Washington, DC, June 16, 2017) – Secretary of Agriculture Sonny Perdue today named three individuals who will take on leadership roles as the U.S. Department of Agriculture (USDA) continues the reorganization announced on May 11, 2017. In accordance with a […] ↓ Read the rest of this entry…
Archive for USDA
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(Washington, DC, June 15, 2017) – U.S. Secretary of Agriculture Sonny Perdue today hosted the inaugural meeting of the Interagency Task Force on Agriculture and Rural Prosperity. Joined by Secretary of Housing and Urban Development Ben Carson, Secretary of Energy […] ↓ Read the rest of this entry…
Stronger than expected April placements pushed the May 1 feedlot inventories to 102 percent of year ago levels. April placements were 111 percent of last year, above the average trade guess though not outside the range of expectations. April marketings […] ↓ Read the rest of this entry…
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.0 million head on May 1, 2017. The inventory was 2 percent above May 1, 2016. Placements […] ↓ Read the rest of this entry…
(Washington, D.C., April 25, 2017) – U.S. Secretary of Agriculture Sonny Perdue today joined President Trump for a “Farmers Roundtable” at the White House to address issues facing the American agriculture community, as the president signed an Executive Order establishing […] ↓ Read the rest of this entry…
In the Cattle Markets: Placements Record Large in March
on April 25, 2017
at 9:34 am
Cattle on feed came out last Friday providing an update of cattle supplies moving in and out of feedlots. Placements into feedlots were record large since this series began in 1996, coming in 11% above 2016, adding 210,000 head. Fed […] ↓ Read the rest of this entry…
Feedlot Marketings Are Supporting the Fed Cattle Market
on April 24, 2017
at 11:01 am
The fed cattle market pushed to new seasonal highs last week over $130/cwt. Fed prices have continued to pleasantly surprise with a stronger than expected first quarter that has extended through much of April. Fed prices have been supported by […] ↓ Read the rest of this entry…
Corn planting progress appears to have fallen slightly behind the five-year average according to a report released today by the U.S. Department of Agriculture. With six percent of total corn acres planted by April16, progress fell three percentage points short […] ↓ Read the rest of this entry…
WASHINGTON (April 11, 2017) — The National Cattlemen’s Beef Association (NCBA) applauded today’s announcement that the Grain Inspection, Packers and Stockyards Administration (GIPSA) is delaying the effective date of its interim final rule an additional six months to Oct. 19, 2017. […] ↓ Read the rest of this entry…
Today, the National Cattlemen’s Beef Association called on USDA to withdraw the Grain Inspection, Packers and Stockyards Act interim final and proposed rules, collectively labeled with the misleading title, Farmer Fair Practices Rules. Craig Uden, NCBA president, said the rules stand […] ↓ Read the rest of this entry…
The United States Department of Agriculture’s National Agricultural Statistics Service (USDA, NASS) released their monthly Cattle on Feed report on Friday February 24, 2017. The report was in line with pre-report expectations for placements and marketings. The total number of […] ↓ Read the rest of this entry…
The February USDA Cattle on Feed showed that January feedlot placements were 111.3 percent of last year while marketings were 110.2 percent of one year ago. There was one extra business day this January compared to last year. The February […] ↓ Read the rest of this entry…
Newly released USDA agricultural projections through 2016 suggest that demand for U.S. corn will grow steadily over the next decade. Rising yields will boost production and support the growing demand. With the exception of a drop in 2017, corn production […] ↓ Read the rest of this entry…
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.8 million head on February 1, 2017. The inventory was 1 percent above February 1, 2016. Placements […] ↓ Read the rest of this entry…
Federally inspected cattle dressed weights averaged 843 pounds in November. Average dressed weights increased annually for the last 5 years, and since 2011, have been up more than 9 percent. However, the rate of increase slowed in 2016, with all […] ↓ Read the rest of this entry…
Net farm income is a conventional measure of farm sector profitability that is used as part of the U.S. Gross Domestic Product calculation. Following several years of record highs, net farm income trended downward from 2013 to 2016. For 2017, […] ↓ Read the rest of this entry…
Feedlot Placements Jump in December
on January 31, 2017
at 9:01 am
Strong feedlot demand for feeder cattle helps explain the strong feeder price rally at the end of 2016. December feedlot placements were 117.6 percent of last year, significantly larger than expected. This follows a 15 percent year over year increase […] ↓ Read the rest of this entry…
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.6 million head on January 1, 2017. The inventory was slightly above January 1, 2016. The inventory […] ↓ Read the rest of this entry…
USDA issued three NASS livestock reports on December 23 to round out 2016. The December Cattle on Feed report showed that December 1 feedlot inventories were 98.6 percent of last year, down about the same amount as last month on […] ↓ Read the rest of this entry…
Agriculture Secretary Tom Vilsack announced the appointment of 39 members to the Cattlemen’s Beef Promotion and Research Board. All 39 appointees will serve 3-year terms. Newly appointed members representing cattle producers are: Aubrey Blackmon, Houston, Ark.; Jo Stanko, Steamboat […] ↓ Read the rest of this entry…