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TheBeefSite Newsletter - 11 June 2014

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TheBeefSite
Wednesday 11th June 2014.
Michael Priestley - Editor

Michael Priestley
Editor


Novus International

MSD Animal Health

Fewer Cattle and Lighter Weights

Finished weights are not offsetting lower cattle slaughter numbers in the US, leading market analysts have gauged.

Calculations from Dr Steve Meyer of Paragon Economics and Len Steiner of Steiner Consulting have posted average fed weights this year at 0.1 per cent lower than for 2013.

This has become a recipe for high beef and steer prices as beef production runs at five per cent lower than last year.

They say a plateau in cattle weights has been noticeable since the removal of the growth promoting beta-agonist Zilmax from cattle diets last August.

Whereas the hog market is seeing higher weights as Porcine Epidemic Diarrhoea Virus hurts production, feedlots are turning lighter cattle to market.

Explaining the typical weight lift in times of short supply, Mr Steiner said: “In previous years, producers have been able to offset reductions in slaughter numbers by increasing the weight of livestock coming to market.”

However, he added that June and July seasonally offer higher weights. 

Meanwhile, beef production is down as analysts report booming exports, leaving the domestic retail market trapped between strong demand and tight supply.

As livestock figures remain tight, beef retail prices have set records, along with feeder cattle, which broke the $200 per hundredweight threshold last week.

This week has seen no let off with feeders up a further five cents.

Tuesday’s Chicago Mercantile Exchange closed with prices for August at $205.18.

August feeders leapt almost $3.50 on the previous week and September feeders finished up $2.75 on the previous Friday at $200.87.

June live cattle remained buoyant at around the $140/hundredweight mark. The October contract finished the week at $144.5.



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This Week's Articles and Analysis

What Can You Do When a Dog is Threatening Your Livestock?
Ohio agricultural law specialist Caty Daniels runs through some considerations on loose dogs running through livestock in her state.

Risks and Hazards of Manure Management
Ventilation, signage, fencing and even atmosphere tests are worthwhile precautions against the dangers of slurry, says a Virginia farm adviser.

Does Bale Wrap Affect Palatability?
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The Effect of Bermudagrass Hybrid on Forage Characteristics, Animal Performance and Grazing Behavior of Beef Steers
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Global Beef Industry News

   Russian Federation

FMD Outbreaks in Russia Affect Cattle, Pigs
FMD NEWS: FMD Outbreaks in Russia Affect Cattle, Pigs
Further Foot and Mouth Cases in Eastern Russia

   United Kingdom

Adapting New Technologies Focus of Beef Day at Yorkshire College
Beef Top of Agenda for UK Farming Unions
Feed Science Forums Return to Livestock Event
Getting Mileage from Muck
Beef Technology Day – 1 July
Farmers, Growers Need Reliable Source of Water
New Panel to Advise on Animal Health and Welfare in Wales
Beef Prices Cause For Concern
Shelves Stocked With West Country Beef and Lamb
Sustainability Welfare Central to New UK Beef Plant

   United States

Success For Cattlemen On Livestock Haulage Law
Wyckoff's Weekly Cattle Outlook: Solidly Higher Prices Across Markets
Health Experts Launch Investigation Into CJD Death
Cattle Futures: New Highs Reached, Monday
Tyson Wins Battle for Hillshire Brands
OIE Recognises US Centre for Biological Threat Reduction
Weekly Cattle Summary: Cattle Prices, Exports Stay High
Cattle Futures: Live Cattle Closed Up on Thursday
Cattle Futures: Live Cattle Closed Up Wednesday
To Cull Or Not To Cull
Cattle Futures: Could Feeders Be Pushed to $200?
Jim Wyckoff's Weekly Cattle, Hog Outlook

   Global

Data Dilemma: Charting the Progress on Antimicrobials
Feed Amino Acids Market is Flourishing
FAO and Chinese Partners Working to Unlock Carbon Finance for Herders and Grazers
FAO Food Price Index Falls for Second Consecutive Month
New Biomin Website Offers Fresh User Experience, Optimised for Mobility

   Argentina

Argentinian Forage Needs a ‘Green Revolution’

   Egypt

Egyptian Minister Calls for Greater Production of Animal Vaccines, Meats

   Netherlands

Minimizing Methane Release

   Denmark

Further Investigation Needed on the Effect of Glyphosate on Livestock Health

   China

China Declared Negligible Risk of BSE

   Brazil

BSE Does Not Dampen Beef Exports Which Lowers Prices

Events/Promotions

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VIV Europe Digital 2014
Livestock Event 2014 - 2nd & 3rd July The NEC, Birmingham, UK
VIV China 2014

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