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Increasing meat production likely to push cattle prices lower

Increasing beef production, combined with larger pork and chicken production, will exert substantial downward pressure on slaughter cattle prices the rest of the year.

Do you know how important trade is for the U.S. meat industry?

Growth in trade of animal products has been quite dramatic since the mid-1980s and U.S. agricultural producers – those engaged in animal agriculture and those engaged in feed grain and oilseed production – have benefited greatly.

Ag Business Climate Outlook for 2018

Recorded January 3, 2018 | Purdue ag. economists Chris Hurt, Michael Langemeier & Jim Mintert discuss the ag. economy outlook and management strategies for 2018.

Hog Prices Strengthen

Hog prices this fall have been stronger than anticipated. In early October, USDA analysts estimated that fourth quarter live prices would average $38-$40 per hundredweight.

Pork Industry’s Sustainable Expansion

The pork industry has been in expansion now for three years dating back to 2014 when the PED virus reduced pork supplies and sent hog prices to record highs.

Weather Clouds Pork Outlook

Pork producers are watching the weather forecast almost as intently as crop producers. Higher feed prices driven by weather forecast are now a new threat to their returns.

Hog Prices Continue to be Higher this Year

Generally, for agricultural commodities, larger supplies result in lower prices. This year’s hog market is going against that adage with higher supplies and higher prices.

NAFTA Trade is Important for Meat Industry

The 2016 election cycle created a lot of confusion about the importance and benefits of trade in general. In particular, a good bit of the election year rhetoric focused on trade within the NAFTA trade bloc (U.S., Canada and Mexico).

Pork Industry Favored by Strong Demand

Prices will be supported by stronger demand because of a growing U.S. economy and by a robust eight percent growth in exports as projected by USDA.

Hog Prices Outperform Expectations

The pork industry outlook has experienced a major shift to the upside. Pork producers are pleased to see 2017 hog prices higher than expected.

Center for Commercial Agriculture

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hogs. pork

Increasing meat production likely to push cattle prices lower

Do you know how important trade is for the U.S. meat industry?

Ag Business Climate Outlook for 2018

Hog Prices Strengthen

Pork Industry’s Sustainable Expansion

Weather Clouds Pork Outlook

Hog Prices Continue to be Higher this Year

NAFTA Trade is Important for Meat Industry

Pork Industry Favored by Strong Demand

Hog Prices Outperform Expectations

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