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20 October 2014
CME: Lack of Growth in the Broiler Sector
US - The lack of growth in the broiler sector has supported pork and beef markets all this year but that support — or at least the degree of that support— may be coming to an end, writes Steve Meyer and Len Steiner....
14 October 2014
CME: Modest Changes to USDA Chicken Output Forecast
US - The latest WASDE forecasts presented some very modest changes to the USDA outlook for beef and chicken output in 2015, write Steve Meyer and Len Steiner....
13 October 2014
CME: Currency Exchange Rates Can Impact Meat Supplies, Prices
US - Equity markets have been particularly volatile in recent days as market participants try to weigh the effect of weak growth in EU and China with the likelihood that the US Federal Reserve will keep rates low for much of 2015, write Steve Meyer and...
09 October 2014
US Poultry Exports to Taiwan Increase Due to High Pork Prices
TAIWAN and US - US poultry exports to Taiwan increased significantly during the first half of 2014 due to exceptionally high pork prices. The Agricultural Trade Office (ATO) in Taiwan estimates that US poultry exports to Taiwan could see a record year...
08 October 2014
Antibiotic Use Rises for US Livestock
US - The total quantity of medically important antimicrobials sold or distributed for use in food-producing animals increased by 16 per cent over the period 2009-2012, according to the US Food and Drug Administration's fourth annual report summarising...
02 October 2014
CME: "Shockingly Small" Year-end Soybean Stocks
US - Today is grains day, precipitated by yesterday’s quarterly Grain Stocks report from USDA and the 2014 harvest moving into a higher gear, write Steve Meyer and Len Steiner....
24 September 2014
CME: Cold Storage Supply of Poultry Down
US - Total supply of beef, pork and chicken in cold storage at the end of the month was 1.999 billion pounds, 11.9 per cent lower than a year ago and 7.7 per cent lower than the five year average, write Steve Meyer and Len Steiner. ...
Value of US Poultry Production Has Doubled in 14 Years
US - The value of US poultry production increased from $21.2 billion in 2000 to $44.1 billion in 2013 – an increase of 108 per cent. In 2013, egg production accounted for 19.3 per cent of the overall value of the US poultry industry....
15 September 2014
CME: Does Cheap Feed Make Cheaper Meat?
US - Even as grain supplies in the US, and globally for that matter, are expected to increase significantly in the next 12 months, the amount of meat protein available to consumers will still be lower than what it was two years ago, write Steve Meyer...
09 September 2014
Beware of Trojan Horse Labelled COOL ‘Reform’
US - National Farmers Union (NFU) President Roger Johnson argues in a recent Politico op-ed that the opponents of Country-of-Origin Labelling (COOL), having lost their battles on both the ideological front as well as in the courts, are now trying have...
CME: US Consumer-level Meat, Poultry Demand Strong in July
US - US consumer-level meat and poultry demand remained strong in July. Total real per capita expenditures on beef, pork, chicken and turkey amounted to $44.62 in July, up from June’s $45.96 and 1.2 per cent higher than last July’s $44.08, write...
01 September 2014
CME Report: Poultry Market on the Rise
US - USDA’s monthly Agricultural Price publication was released on Thursday and we think its output-to-feed price ratios are quite telling regarding today’s profit situation in the livestock and poultry sectors, write Steve Meyer & Len Steiner....
29 August 2014
Tyson Completes Hillshire Brands Takeover
US - Tyson Foods, has completed its takeover of The Hillshire Brands Company....
28 August 2014
CME: Lack of Growth for US Chicken Businesses
US - In a year full of surprises, one that has gotten a bit lost is the lack of growth in the US chicken business. Most analysts went into 2014 expecting US chicken companies to quickly ramp up production to take advantage of lower grain costs and their...
Tyson to Sell Heinold Hog Markets Business
US - Tyson Foods and The Hillshire Brands Company have reached an agreement with the Antitrust Division of the Department of Justice....
27 August 2014
CME Report: US COOL Still Runs Afoul of WTO Rules
US - A number of news outlets reported over the weekend that the World Trade Organisation (WTO) has determined that USDA’s latest attempt to write rules for mandatory country of origin labelling still runs afoul of WTO rules, write Steve Meyer and Len...
Favourable Market Conditions Help Sanderson Farms
US – US integrated poultry processor Sanderson Farms has seen net sales for the third quarter of 2014 of $768.4 million compared with $739.0 million for the same period a year ago....
Further Extension of Tender Offer for Hillshire Brands Shares
US - Tyson Foods has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands to allow more time for anti-trust examination of the deal....
26 August 2014
Looking for Corn Consumption Response
US - In the newsletter of 11 August, the prospects for corn consumption to respond to lower prices during the 2014-15 marketing year and the potential for a subsequent price recovery were discussed, writes Darrel Good. ...
Poultry Producer to Reopen Former Townsends Plant
US - A poultry producer plans to reopen the former Townsends chicken processing plant in Siler City, North Carolina....
25 August 2014
Pork, Turkey Demand Help Hormel Profits
US – Meat and food processing giant Hormel Foods has reported record fiscal 2014 third quarter net earnings of $138.0 million, up 21 per cent from net earnings of $113.6 million a year earlier....
14 August 2014
Cargill Reports Drop in Revenue, Earnings
US – US meat and agrifood business Cargill has seen a 19 per cent drop in its annual earnings and a 12 per cent fall in earnings for the fourth quarter of the year....
12 August 2014
WASDE Report Bearish for Beans, Slightly Bullish for Corn, Neutral Wheat
ANALYSIS - Corn futures initially moved to a new contract low in the wake of Tuesday's USDA supply and demand and crop production reports - but mainly due to a sell-off in the soybean futures market following the data, writes Jim Wyckoff for ThePoultrySite....
11 August 2014
Veternarian Mobile App Being Adopted Nationwide
US - Launched in June, the mobile Certificate for Veterinary Inspection (CVI) application to allow veterinary practitioners to submit animal health certificates from the field is growing rapidly and has now been adopted in ten states across the nation....
07 August 2014
Russian Ban on US Poultry Not Likely to Cause Major Impact
US - Russian President Vladimir Putin yesterday (6 August) signed a decree to establish restrictions on imports of agricultural products from countries that have imposed economic sanctions on Russia as a result of the ongoing situation in Ukraine....
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