Livestock
Beef markets get boost from trade
The annual numbers for 2009 suggest that international trade is providing more price support for U.S. beef markets than may typically be recognized.
“This looks to be especially true for monthly values late in the year,” said Derrell Peel, Oklahoma State University Cooperative Extension livestock marketing specialist. “It’s an easily overlooked aspect given all the attention given domestic beef markets in the past year.”
Beef exports in 2009 declined less than one percent from 2008, holding much firmer than many analysts expected given the global economic recession.
By contrast, broiler and pork exports declined 2 percent and 12 percent, respectively. Pork exports in particular were severely affected by both the recession and negative perceptions surrounding the H1N1 flu outbreak.
“More importantly for 2010 is the strength in U.S. beef exports late in 2009,” Peel said. “Monthly exports were up 27 percent and 25 percent in November and December, compared to year-earlier levels. No doubt beef exports were helped a weaker dollar late in the year, compared to earlier in 2009.”
Mexico continues to be a major destination for U.S. beef, accounting for 30 percent of beef exports. Canada is second with 19 percent of the total, with Japan holding down the third spot at 15 percent.
“By a slim margin, rapidly growing U.S. beef exports to Vietnam made it America’s fourth-largest market with an eight percent share, just ahead of South Korea,” Peel said. “It’s important to be aware that much of the beef shipped to Vietnam is subsequently shipped to China.”
Total U.S. beef exports were equal to slightly more than seven percent of total domestic production.
Peel points out that total U.S. beef imports were up 3.5 percent in 2009, as compared to 2008 data. However, the current level is less than the previous 10-year average.
On a monthly basis, beef imports into the United States declined 18 percent in November and 31 percent in December, compared to the same months in 2008. Major importers include Canada, accounting for 31 percent of the total beef imports;Australia, 30 percent; New Zealand, 20 percent; and Brazil, eigth percent.
Total beef imports into the United States amounted to 10 percent of domestic production.
- Livestock
-
-
Mineral purchases based on tradition rather than nutrition
Mineral supplements being fed and most mineral purchases are based on tradition rather than nutritional need.
-
Take steps to reduce heat stress in cattle
Cattle lack the ability to sweat significantly, so it is critical that producers and livestock handlers take steps to reduce heat stress.
-
Weather serving threat to livestock
Management strategies for dealing with extreme heat in feedyards are limited. Research has shown the most effective practices include providing adequate shade, spraying with water, careful monitoring and proper feeding and watering.
-
Pinkeye popping up in Ark. cattle
Pinkeye, or Moraxella bovis, is usually acute and spreads rapidly in a herd. Left untreated, it can result in blindness in one or both eyes.
-
Maximizing multi-species grazing benefits
Multi-species grazing is the practice of using two or more species of livestock together or separately on the same land in a specific growing season.
-
Hair sheep interest on the rise in Mo.
Some producers wish to minimize time and management with their small ruminant enterprise. Hair sheep appear to fit this niche of requiring less management than some of the other breeds of sheep and goats.
-
Eye irritations show up in Mo. cow herds
Pinkeye results in lost weight, reduction of gains and reduced value as feeder cattle or breeding stock.
-
Find time to check cattle in the summer
There is no set rule for how often cattle need to be seen but more often is better than “every now and then.”
-
Red Angus and Simmental share resources for joint EPDs
The Red Angus Association of American adn the American Simmental Association will combine resources for a multi-breed genetic evaluation of growth and carcass trait EPDs.
-
Pork industry set for reconstruction in ‘10
The lower pork supplies will help prices stay strong, especially through the summer.
- More Livestock Headlines
-
Mineral purchases based on tradition rather than nutrition
