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Friday, March 6,2015

U. S. ag exports to Japan flat to down

by WLJ
Japan is one of the largest markets for U.S. agricultural exports, and the U.S. has long been its largest supplier. However, in recent years the total value of U.S. agricultural exports to Japan has stagnated (in real terms) and the U.S. share of Japan’s agricultural imports has declined.

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Friday, March 6,2015

2015 beef production smaller than expected

by WLJ
USDA estimates beef production through the end of February to be down 5.2 percent from the same period last year. Total cattle slaughter is down 7.0 percent year-over-year including a 6.4 percent decrease in steer slaughter and an 8.7 percent decrease in heifer slaughter.

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Friday, March 6,2015

USMEF Market Expo in Shanghai

by WLJ
The tour started with an overview of USMEF’s marketing objectives in China and an explanation of several market access issues that impact U.S. meat exports into the region. This was followed by a briefing from the U.S. Agricultural Trade Office in Shanghai, which focused on the business climate in China for U.

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Friday, March 6,2015

U.S. farm sector equity will decline in 2015

by WLJ
Lower projected farm asset growth is primarily driven by decreases in financial assets and a small drop in farm real estate value. These declines reflect lower forecast net cash income for 2014-15, along with expectations of slightly higher interest rates.

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Friday, March 6,2015

Iowa beef producers see value, stability on trade mission to Japan

by WLJ
The largest importer of U.S. beef told Iowa producers that they expect reliable access to a steady supply of high quality U.S. beef. The issue came up at every importer meeting held during a recent Iowa Meat Trade Mission to Japan. Iowa beef producers Steve Rehder, Hawarden, and Connie Richards, Tingley, were on the mission during February.

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Tuesday, March 3,2015

U.S. meat markets struggling

by WLJ
A myriad of factors are joining forces to create significant challenges for beef, pork and poultry markets so far in 2015. These include supply and demand factors, domestic and international factors, and short- and long-term factors. Many of the factors are affecting all meat markets while others are specific to individual meats.

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Tuesday, March 3,2015

Beef export market sets new record high in 2014

by WLJ
In 2014, the U.S. beef export value hit a record-high of $7.13 billion—up 16 percent and nearly $1 billion from the previous record set in 2013. This is good news for beef producers, as opportunities to market beef to a growing middle class around the world adds value to each beef animal sold in the U.

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Tuesday, March 3,2015

Significant interventions in world grain markets: FSU and China

by WLJ
After going through a long period of relative stability in the world grain markets, there have been some major interventions in the past few years. Most of these have occurred in the former Soviet Union (FSU), but some of the actions by China also have had drastic impacts.

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Tuesday, March 3,2015

Cattle on Feed report: inventories mislead

by Kerry Halladay, Editor
“Delayed feedlot marketings, down 9 percent yearover-year in January, have allowed feedlot inventories to hold close to year-ago levels but feedlot production continues to fall,” explained Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist.

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Tuesday, March 3,2015

Steers are majority of cattle slaughter

by Kerry Halladay, Editor
All told, 2.38 million head were slaughtered under federal inspection during January 2015. This is down 10 percent from January 2014. This produced 1.94 billion pounds of beef, down 8 percent from January 2014’s 2.11 billion pounds of federally inspected beef.

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