Livestock China Meat Supply Projected to Increase in Last Quarter Of 2020 With the novel coronavirus largely contained and the economy firing on all cylinders in August, China’s meat supply appears on track to recover by the end of the year. Since the end of the Chinese New Year, poultry and hog production figures have risen at a steady pace. In fact, poultry supplies, particularly white feather broilers, have seemed to overshoot in the short-term, exceeding the pace of demand from school cafeterias, factory canteens, and fast food restaurants. With the GDP for the third quarter expected to surpass the 3.2 percent mark from the second quarter, market demand is quickly returning to normal. By the end of 2020, poultry meat output is e...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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