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A beef cattle reproduction conference, Aug. 31-Sept. 1, will remain in Joplin, Mo., as originally planned, said University of Missouri Extension specialists.
The Senate voted overwhelmingly on Thursday to eliminate billions of dollars in support for the U.S. ethanol industry, sending a strong message that the era of taxpayer support for biofuels is ending.
A long-term study verifies multi-paddock grazing improves vegetation, soil health and animal production relative to continuous grazing in large-scale ranches, according to Texas AgriLife Research scientists.
Cassandra “Cassie” Kniebel of White City, Kansas, received the prestigious Roy A. Wallace Memorial Scholarship during the Beef Improvement Federation (BIF) research seminar and annual meeting in Bozeman, Montana, June 1-5.
Mushrush Red Angus of Strong City, Kansas, was named the 2011 Seedstock Producer of the Year at the Beef Improvement Federation (BIF) research symposium and annual meeting held in Bozeman, Montana, June 1-4.
HARTFORD, Conn. (AP) -- With few slaughterhouses in New England equipped to process beef on a large scale, Paul Miller ships cattle from his dairy farm in eastern Connecticut about 300 miles to a meatpacker in Pennsylvania.
Basis is the difference in the price of a commodity in a particular cash market and the underlying futures market. As such, basis varies across geographic areas according to local supply and demand factors. Lower supply or higher demand for a commodity in a local cash market relative to the overall price level represented by the futures market is reflected in higher (i.e., stronger, or more positive) basis values. Conversely, higher supply or lower demand results in lower (i.e., weaker, or more negative) basis values. The past several weeks have resulted in favorable basis changes for cattle feeders, despite price levels generally becoming less favorable.
In the monthly report of World Agricultural Supply and Demand Estimates (WASDE), the USDA’s World Agricultural Outlook Board (WAOB) reduced the forecast of U.S. planted and harvested acreage of corn and rice. Forecasts for the other major crops were not changed from the forecasts in the March Prospective Plantings report.
U.S. beef exports slowed slightly in April when compared to the all-time record highs of the previous month, but still performed well above last year’s pace. April beef exports totaled 103,213 metric tons valued at $429.7 million – increases of 25 percent and 38 percent, respectively, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
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