U.S. pork shipments to China in December helped push the total volume for all of 2016 to 363,121 MT at a total value near $715 million. Meanwhile, the outlook for U.S. producers with ractopamine-free herds should remain bright well into 2017 for several reasons.
Market Trends U.S. Food and Agricultural Exports to China Reach New Heights in 2016 USDA’s latest release through its Global Agricultural Trade System (GATS) showed total U.S. food and agricultural exports to China reached a new record of 49.09 MMT in CY 2016, confirming previous expectations that began to materialize late in the third quarter. In addition, the value of those imports was the fourth-highest ever at $21.41 billion. As noted below, a record second ha...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
