Thousands of livestock have been killed in the wildfires that’ve ripped across the Texas Panhandle over the last week, inflicting unprecedented damage upon the largest cattle region in the nation. Officials surveying the damage said more than 3,600 cattle have died since the fires – some of which are still ongoing...
Cultivated meat, or meat grown from animal cells in a lab, is on the verge of being outlawed in Florida, after the Senate voted 26-10 this week to ban its production in the state. “We know what beef is,” said Dusty Holley, the Florida Cattlemen’s Association’s director of field...
When Shane Pennington, a 56-year-old cattle farmer near Canadian, Texas, first saw flames from an enormous wildfire approaching the ranch he manages, his first concern wasn’t his home. It was his animals. Pennington told CNN he returned to the ranch to find around 50 cattle dead, with nursing cows...
Chicago Mercantile Exchange lean hog futures on Monday ended lower in the front-month contract in a setback from strong recent gains, traders said. Deferred contracts edged higher after short covering and hopes for improving demand for U.S. pork have already pushed the market higher since the beginning of the...
Strong starts for the ports on East and West coasts The past few years have brought plenty of questions as to whether the COVID-19 pandemic changed supply chains permanently or, once constraints eased, if supply chains would return to pre-pandemic patterns. Those answers are starting to reveal themselves as...
A beef specialist says cattle producers need to closely monitor cattle with this week’s wide swings in temperatures. Travis Meteer tells Brownfield… “Making sure that animals don’t have increased respiration rates,” he says, “Make sure we don’t have nasal discharge. Make sure the animals aren’t lethargic. It’s a good...
Traders weigh potential impacts of Texas Panhandle wildfire’s effects on cattle supply. Chicago Mercantile Exchange feeder cattle futures fell again on Thursday, amid ongoing profit-taking as some market participants sought cover as cash prices continue to stay firm, traders said. Pricing pressure in the cattle markets also came as...
This week’s factory quotes for beef see some level of pressure applied to the higher cow prices, as the quotes for prime cattle appear to have remained steady overall. While cow prices have come under some pressure, it appears price quotes have fallen for O and P grade cows...
The live cattle market ended the last trade day of the month with 60 to 95 cent losses. Despite that, April was still up by a net $4.65 for the month’s move. Feb cattle expired at $184 flat. Feeder cattle were down by triple digits on the last trade...
After looking at the major sources and exporters of beef and veal, we’re turning the lens the other way around to look at the biggest importers: i.e. who is driving this demand? In the following chart, data from Brazil is used specifically, as the world’s biggest exporter of beef. Statistics published...