The July Cattle Inventory report showed a reduction in both beef and dairy cows by 2 percent and 1 percent respectively but adding in the last “normal” year of 2019 shows a trend of beef cow liquidation against an increasing dairy herd.
The above is interesting when combined with the trend of beef on dairy breeding. Note that this year, according to the National Association of Animal Breeders (NAAB), dairy semen sales are down 7 percent year-over-year, and at a 17-year low. Also, NAAB’s year end 2021 report shows that sales for beef on dairy is up 30 percent over 2020. Interestingly, there is also an increase in beef embryo transplants in dairy cows. Part of this is animal numbers, but part is also due to h...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
