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More meat and more corn

2016-02-27 03:14:00| Beef

Feeder cattle prices in 2016 will likely be less than those in 2014 and 2015, but returns for cow calf operators should be sufficient to support continued herd expansion, explained Shayle Shagam, livestock analyst with USDAs World Agricultural Outlook Board, during the annual Agricultural Outlook Forum. USDA projects the 5-Area fed steer price for this year at $133-$142 per cwt, compared to last years average of $148.12. Feeder steer prices are forecast to average $176-$185 per cwt, down from the record prices of almost $203 in 2014 and 2015. read more

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American Meat Survey Reveals Shoppers' Preferences

2016-02-26 01:00:00| ThePigSite - Industry News

US – Shoppers recognise the variety of nutrition benefits meat and poultry offer, and place a high value on convenience, variety and transparency when making purchasing decisions in the meat aisle, according to the Power of Meat survey released by the Food Marketing Institute (FMI) and the North American Meat Institute (NAMI).

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Meat Market Update | Declining prices spur increased exports

2016-02-25 16:27:00| Beef

The declining prices have spurred increased exports and out-front sales. Our latest price drop is a normal seasonal event and we are very close to the turnaround time. It appears that the Daily Spot Choice cutout is already starting the upward climb ahead of the grilling season. By Ed Czerwien, USDA Market News Reporter read more

Tags: market prices update increased

 

Pork Commentary: Total Meat Protein Supply Growing

2016-02-25 01:00:00| ThePigSite - Industry News

US - The USDA reports that they expect in 2016 that the US will produce 97,352 million pounds of beef, pork, chicken, and turkey which is up a whopping 5,100 million pounds from 2014. We are far from creating a meatless society!

Tags: total supply growing protein

 

Romanian Meat Processor to Invest â‚9 Million to Raise Output

2016-02-25 01:00:00| ThePigSite - Industry News

ROMANIA - Romanian meat processor Agricola International Bacau has unveiled plans to invest €9 million to upgrade its facilities and expand its output capacity by up to 30 per cent, according to senior company representatives, writes Jaroslaw Adamowski.

Tags: million output raise meat

 

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