Hog Prices-Markets
Agriculture Secretary Tom Vilsack announced that USDA is allocating $300 million under RAPP to 66 U.S. organizations to build demand for American food and farm exports in high-potential markets around the globe.
Dr. Vince Malanga shares insights on the U.S. economic outlook, and what areas demand the most attention.
Cattle open lower but off lows. How bearish was the COF and will weather, higher cash trump it? Hogs down w/slightly larger herd. Grains open higher then turn mixed. Brad Kooima, Kooima Kooima Varilek, has more.
With all that’s been talked about regarding 2023’s trials and tribulations in the pork industry, there may be one final question to ask as we flip the calendar. “Is this a defining moment?” asks economist Lee Schulz.
The Grinch is writing closeouts ahead of the holidays as cattle and hog profit margins tumble to their lowest point since the summer of 2020, just months into the COVID pandemic.
The agency says exports picked up steam this year in countries such as Canada, India and Japan and that the new Regional Agricultural Promotion Program will keep the wheels of progress turning in 2024.
Secretary of Agriculture Tom Vilsack announced updates on how USDA plans to address the complex competition issues in agricultural markets in order to create a fairer playing field for small- and mid-size farmers.
“It’s likely managing a slimmer margin in production agriculture will be closer to the 1980s than the 2010s.”
A market analyst shared a gloomy outlook for the country on Thursday, saying the U.S. balance sheet and financial condition have been deteriorating significantly over the last decade. He expects more of the same ahead.
China contains the largest population of any country in the world. All those mouths drive demand across the globe and for your farm’s products.