TheDairySite.com - news, features, articles and disease information for the dairy industry

TheBeefSite Newsletter - 09 September 2015

You are receiving this email as you are a subscriber of TheBeefSite.com
The home of premium international beef news and information.
Is this email not displaying correctly?
View it in your browser.
TheBeefSite
Wednesday 9th September 2015.
Michael Priestley - Editor

Michael Priestley
Editor


MSD Animal Health

Currency and Cattle Inventories Moving Higher For US

Herd rebuilding is now in full swing in the US but cattle markets, on fire last year, have been considerably dampened.

A post mid-summer downturn is shown on the five area weekly weighted average price and the weekly choice cutout, with economics having a part to play, with a strong US dollar making the US beef market hard to sell from but easy to buy into.

With cattle prices and supplies still relatively tight from the legacy of the 2012 drought, Ron Plain, University of Missouri, noted that exports were nearly 13 per cent down and imports were nearly ten per cent up for July.

Elsewhere, major beef exporters have seen significantly weaker currencies support beef trade.

Brazil, which regained access into China this year, watched its currency halve since 2011 peaks and slide 40 per cent in the last year.

In Australia, their dollar is the lowest since 2009 and is back 22 per cent down on the Chinese yuan, Meat and Livestock Australia (MLA) stated last week, highlighting a current value of 70 US cents.

Meanwhile, an ambitious Paraguay is on course to smash its own recently set exports records this year, displace Brazil as the main supplier of Chile and explore European trading opportunities.

According to MLA analysts, appreciation of grain-based feeding is resulting in rapid expansion of feedlotting, while beef from environmentally conscious, natural and hormone-free systems is hoped to sell well at home and abroad.

But while US beef is currently being hampered by economics, the weather, barring the western states has been helpful in restoring pasture and rangeland to support larger herds.

Two years of low cow slaughter and higher heifer retention, up 6.5 per cent according to July estimates, has allowed the largest increase in beef cows for over twenty years.

The opposite, however, is true for Canada.

Here, declining herd numbers have not been addressed like they have in the US as drought has returned to western regions, putting Alberta, Canada’s biggest cow province, at risk.

Total US cattle numbers as of July 1 were up 2.2 per cent but down 2.1 per cent in Canada. Canada’s beef cows, replacements and milk cows had contracted 3.4, 1.6. and 0.8 per cent.

Tim Petry, North Dakota State University projected that, with lower price cycles expected in both countries, it would be interesting to see how long both herds continued moving in opposite directions.


Official Veterinarian Conference Swindon, 22 - 23 October 2015

Book of the Week

Eating Meat: Science and Consumption Culture

Eating Meat: Science and Consumption Culture

Eating Meat: Science and Consumption Culture takes a new look at eating meat from the personal viewpoint of a meat aficionado with an international reputation in teaching and research.

Order Now

This Week's Articles and Analysis

Company News

Controlling Worms to Improve Milk Yield
EUROPE - The stomach worm (Ostertagia ostertagi) is the most commonly identified worm in dairy cows.
Schmallenberg Vaccine Vacuum Filled by New Entrant
The unavailability of a fully authorised Schmallenberg virus (SBV) vaccine has been remedied by the introduction of Zulvac® SBV from Zoetis.
Market Reports

Irish CSO Reports - Agricultural Price Indices - July 2015
AHDB Cattle and Sheep Weekly - 7 September 2015
USDA Bi-Weekly International Meat, Poultry & Egg Review - 4 September 2015
UK August 2015 Farming and Food Brief
UK Animal Feed Statistics - July 2015

Global Beef Industry News

   New Zealand

Farmstrong Looking After New Zealand Farmer Mental Health
Beef Diversification: A Lifeline for New Zealand Dairy Farms?

   United States

Aviation Administration Praised for Addressing Drone Challenges and Promises
Cattle Outlook: World Markets Strife Plaguing US Cattle Price
Ranchers Welcome Overturning of “Unjust” Wild Bird Rule

   China

China’s Live Cattle Trade Opens with 3,200 Australian Angus
Chinese Developer Could Become Australia's Biggest Farmer

   European Union

Europe Agriculture Crisis: Will €500 Million Be Enough?
EU Debates Farm Animal Cloning Ban
National Bans on GM Food, Feed Imports Rejected

   Global

2015-16 El Niño Expected to be Strongest Since 1997-98
New Diagram to Address Antibiotics Confusion
New Partnership Offers Support to Small Farm Organisations
African Partnerships to Increase Arla’s African Income Five Fold

   Canada

Bluetongue Found in Canadian Beef Cattle

   United Kingdom

Meat Protein Can Help Protect Heart Health, Study Shows

   Lithuania

US Opens Doors to Lithuanian Meat

   Netherlands

Nutreco Renames Animal Nutrition Research Division, Doubles Investment

   Angola

Foot and Mouth Rumours Confirmed in Angola

Events/Promotions

swinecast-your-connection-at-your-convenience
The Drost Project - A Visual Guide to Porcine, Pig Reproduction.
Biomin - Dairy Heifer: How to Get a Fast Start to Greater Lifetime Profit
US Sales Manager Wanted - 5m Publishing
Official Veterinarian Conference - Swindon, 22 - 23 October 2015 Book your place now

Partners


Life Technologies
More on VIROCID - The Global Disinfectant
Biomin - The Natural Way


The Pig, Poultry, Beef, Fish, Dairy, Meat, Cattle, Crop & Bioenergy Sites From 5M Publishing From 5M Publishing

unsubscribe from this list | update subscription preferences

Our Sponsors

Partners


Seasonal Picks

British Field Crops 2nd edition