Pork

The United States and Taiwan held the eleventh Trade and Investment Framework Agreement, or TIFA, Council meeting last week. The discussions, held virtually, focused on enhancing the longstanding trade and investment relationship between the United States and Taiwan ...

World Agricultural Outlook Board Chair Mark Jekanowski  on the main take away from June's Meat Production and Price forecast. "Our steer price forecast we raised our 2021 steer price forecast by 75 cents CWT just reflecting current price strength that we've been seeing in the market. But ...

One of the sectors of the Ag community hit especially hard during the spread of COVID-19 last year was meatpacking plants nationwide. But, according to UC Davis, the impact was much more severe than initially thought. Researchers say an estimated 334,000 cases of COVID-19 are attributable to meatpacking plants, resulting in $11 ...

World Board Outlook Chair, Mark Jekanowski, said there were pretty small changes in USDA's beef production forecast. "What we're seeing there is an increased slaughter forecast for the second half of the year being largely offset by lighter carcass weights ...

Strong demand is fueling higher beef cattle prices this spring, that according to livestock market economist Dr. Derrell Peel. Peel said demand for all the meats is strong right now, especially for beef. “If you look across all the meats, beef, pork and poultry prices are all at the wholesale level running very strong. So, ...

When looking back on the first five months of fiscal year 2021, Ag exports to China has increased considerably. "China's purchases were $20.2 billion, up 182% from that same period in 2020." USDA Economist, Bart Kenner, said China is buying more of practically every major US crop ...

According to the latest numbers from the USDA, U.S. beef exports finished 2020 lower year-over-year, down in both volume at 1.25 million metric tons, and value at $7.65 billion. But the news isn’t all bad. USMEF President and CEO Dan Halstrom said beef ended the year on a very strong note. ...

The USDA made primarily minor changes to its most recent meat supply and use balance sheet for 2020. "Looking forward in to 2021 with the tighter supplies especially of corn and soy beans and much higher prices that are expected to follow from that," said World Outlook Board Chair, Mark Jekanowski ...

As 2020 draws to a close, the United States is busy working to improve things on the trade front for American farmers. There was a lot of talk in farm county this year about China, and what the country said it would buy, and what it was actually buying ...

Last week, President-elect Joe Biden nominated Katherine Tai to be the new U.S. Trade Representative. She’s served as the chief trade counsel for the House Ways and Means Committee since 2017. Tai previously served in the Office of the U.S. Tr ...