The number of sows slaughtered last week rose to the highest level in eight months, U.S. government data showed on Thursday, underscoring farmers’ rush to liquidate their herds due to rising feed costs caused by the worst drought in 56 years. The rush to slaughter could bode well for consumers in the short-run as a
U.S. sow slaughter hits eight-month high amid drought
U.S. June cattle placements slip as corn prices rise
Fewer young cattle moved into U.S. feedlots for fattening last month as high feed grain prices likely discouraged producers from wanting to feed them, the U.S. Department of Agriculture and analysts said on Friday. That left many young steers and heifers on pastures that had not yet been damaged by drought, analysts said. USDA’s cattle-on-feed
U.S. feedlot cattle supply at a four-year high
Placements rose three per cent in February Cattle supplies in U.S. feedlots rose to their highest in four years last month, a U.S. government report showed March 23, as surging prices in the cash market and improved wheat pastures in the drought-stricken southern Plains lifted placements. The U.S. Department of Agriculture’s cattle-on-feed report showed that
U.S. pork stocks balloon as prices curb appetites
Reuters / High meat and gasoline prices have curbed consumers’ appetite for pork, which caused the meat to pile up in warehouses last month, analysts said March 22. That February pork supply was up seven per cent from the previous month, and up nine per cent from a year ago, the data showed. “This confirms
USDA report shows even fewer cattle than expected
The U.S. cattle herd has shrunk for the fifth straight year to a 60-year low, a government report showed Jan. 27, as a devastating drought and record high feed costs hit production, which will likely mean even higher beef prices for consumers. One of the worst droughts since the dust bowl days in the 1930s
Analysts say bull run in U.S. cattle may continue
Texas rancher Jim Selman is on the verge of going out of the cattle business, a victim of one of the worst droughts since the dust bowl in the 1930s. The 300-cow herd on his 3,000-acre ranch in Gonzales county has dwindled to a mere seven animals, as the verdant pastures turned into dried-up brush
Five-year decline in U.S. cattle herd may be ending
(Reuters) — Garrett Dwyer, a former U.S. marine and veteran of tours of duty in Iraq and Japan, is on a mission that could test his mettle as much as the warfare he has seen — to rebuild his family’s ranch in Nebraska. The 25-year-old has found it a “culture shock” to be back in
U.S. cattle herd at 60-year low
The U.S. cattle herd has shrunk for the fifth straight year to a 60-year low, a government report showed on Friday, as a devastating drought and record high feed costs hit production, which will likely mean even higher beef prices for consumers. One of the worst droughts since the Dust Bowl days in the 1930s
Bull run in U.S. cattle may lose steam, for now
Texas rancher Jim Selman is on the verge of going out of the cattle business, a victim of one of the worst droughts since the Dust Bowl in the 1930s. The more than 300 cattle on his 3,000-acre ranch in Gonzales County have dwindled to a mere seven, as the verdant pastures turned into dried-up
Modest hog herd expansion boosts futures
The U.S. hog supply increased at a modest rate this fall, with the litter size hitting a record high, the latest USDA quarterly report shows. The U.S. Department of Agriculture’s Dec. 23 quarterly hogs and pig report showed that an average of 10.02 pigs survived to maturity in the September-November period, up from 9.9 last
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