Argentine beef exports in 2021 are forecast at 770,000 tons carcass weight equivalent, 50,000 tons lower than in 2020 on lower slaughter inventory due to negative margins, with overall exports heavily dependent on China's demand and market recovery from covid impacts. Cow-calf operators are benefitting from high calf prices. Domestic beef consumption is at a [...]
Bovine semen exports from the United States to Brazil reached a record in 2020, and expectations are that 2021 could be another record year. Brazil is the second largest market for U.S. bovine genetics. Demand for artificial insemination (AI) and high-quality genetics in Brazil is growing by double digits each year, with the cattle sector [...]
Post forecasts that the cattle herd will grow at three percent in 2021, and beef production is also forecast to increase three percent, reaching 10.4 million tons Carcass Weight Equivalent (CWE). Post forecasts beef consumption for 2021 at 7.725 million tons (CWE), which is a one percent increase from 2020. Post forecasts a two percent [...]
Post forecasts chicken production at 14.15 million tons in 2021, growing at a two percent rate due to strong external demand and increased domestic consumption. Consumption for 2021 is forecast at 10.25 million tons Ready to Cook (RTC), growing one percent. Post forecasts that poultry prices will remain elevated in 2021, with strong global meat [...]
Howdy market watchers! What a week in the deep freeze it’s been! Midweek, I was thinking that 15 degrees Fahrenheit never felt so good. Finally, the forecasted highs over the coming 10 days are all above freezing. Now, get ready for muddy conditions. In addition to freezing temperatures right at the peak time of spring calving season that resulted [...]
by Peter Karaverdian The Cattle complex is being supported at the moment with a daily swing low that held at 111.55 on January 14th. Still looks strong from here. Not much fundamental out there supporting Live Cattle except the colder blizzards up north in the plains that affects the stock. So, it appears the weather [...]
Brady Sidwell Happy New Year market watchers! What a way to end a decade and welcome in a new. The beautiful snow seemed fitting to cleanse us all from a problematic 2020 for a fresh start ahead. Whatever your resolutions for the New Year, there is little doubt we all now recognize that the impossible can happen. We [...]
Heartland Weekend Hedger Commentary 12/20/2020 Last Saturday's Hedger newsletter ended with this. "Here is the bottom line, it is going to be very difficult for any of the grain commodities to move into a downtrend without a switch to a very rainy pattern in South America. The end-user side for demand continues to grow, and [...]
Alan Brugler - Barchart Mon Dec 21, 7:26AM CST Live cattle futures closed with 2 to 40 cent gains on Friday. December futures gained $1.12 on the day, and $1.72 on the week. Feeder futures ended the day mostly lower competing with corn, Friday losses were 10 to 52 cents in the front months. The [...]
O ano de 2016 terminou melhor do que se previa para o setor de proteína. Isso graças ao mercado externo, que surpreendeu. O setor de aves registrou uma evolução de 5,5% nas exportações de carne de frango in natura para 3.721 milhões de toneladas. Já a receita recuou 12,5% para US$ 5.450 bilhões, devido à [...]