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Industry Headlines

Industry Headlines

U.S. produces 452 million pounds of beef this week

Total beef production under Federal inspection for the week ending Saturday, August 28th, 2015 was estimated at 452.4 million lbs. according to the U.S. Department of Agriculture's Marketing Service.

Industry Headlines

U.S. beef export shipments increase

U.S. beef export shipments increased this week, moving 5 percent higher than the previous week to 10,467 metric tons. The 27-week average is now at 11,863 tons.

Industry Headlines

Schwieterman Grain: Strength in the crude oil and stock markets

So far it looks like the corn is set up for yet another sideways session. Yesterday’s export sales report was supportive, as was the strength in the crude oil and stock markets, but we aren’t seeing strength in those markets this morning.

Industry Headlines

Canada to replace China as largest U.S. export market

The forecast for China is $20.5 billion, which is $2.0 billion lower than the fiscal 2015 forecast, and Canada is forecast to replace China as the largest U.S. export market.

Industry Headlines

Beef export value to remain record high in 2016

Fiscal year 2016 grain and feed exports are forecast at $32.4 billion, up $1.1 billion from the 2015 forecast, driven by higher grain volume despite mostly lower prices.

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