Western Livestock Journal - Markets http://www.wlj.net/articles.sec-14-1-markets.html <![CDATA[Live cattle futures, cutouts rally; packers still in the red]]> <![CDATA[U.S. has growing ag Chinese trade surplus]]> In recent years, growth in U.S.-China agricultural trade has accelerated. During calendar years 2012-13, U.S. exports of agricultural products to China averaged $25.9 billion per year—a tenfold increase from the late 1990s. Sales to China doubled during 2004-08 and doubled again during 2008-12, while the share of U. ]]> <![CDATA[Storage report bearish; Feb. beef stocks up 20%]]> <![CDATA[Cattle on feed inventories the lowest since 2003]]> The on-feed population as of Mar. 1 in feedlots with a 1,000 head capacity or higher stood at 10.66 million, down 0.5 percent from Mar. 1, 2014 and the lowest Mar. 1 population since 2003. This level was lower but in keeping with the pre-report industry estimates of a 0. ]]> <![CDATA[Futures rally, rest of market stagnant]]> <![CDATA[Tax Q&A: Spare us from IRS repair regulations]]> <![CDATA[Beef trade troubles continue in 2015]]> <![CDATA[LFDP payments spike]]> The Livestock Forage Disaster Program (LFDP) was initially authorized by the Food, Conservation, and Energy Act of 2008 to reimburse eligible farmers and ranchers for grazing losses due to a qualifying drought or fire through Sept. 30, 2011 (the end of the period covered by the 2008 Act). ]]> <![CDATA[Cutting production does not save packer margins, cutout]]> <![CDATA[Whither capital gain rates? Tips when considering a land sale]]> <![CDATA[Canadian beef herd declines]]> <![CDATA[Trade deficit widens for beef]]> <![CDATA[Productivity rises in global agriculture]]> One measure of technological change is total factor productivity (TFP). Increased TFP means that fewer economic resources (land, labor, capital and materials) are needed to produce a given amount of economic output. ]]> <![CDATA[What's in a trade?]]> According to data by the USDA’s Economic Research Service, in 2014 the U.S. imported 2.95 billion pounds (lbs.) of beef and veal. This compares to 2.57 billion lbs. exported in the same year, making a trade deficit of 380 million lbs. The most recent World Agricultural Supply and Demand Estimates report projects trade this year will be 2. ]]> <![CDATA[Futures, cutout rally following low weeks]]> <![CDATA[U. S. ag exports to Japan flat to down]]> 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. ]]> <![CDATA[2015 beef production smaller than expected]]> <![CDATA[USMEF Market Expo in Shanghai]]> 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. ]]> <![CDATA[U.S. farm sector equity will decline in 2015]]> 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. ]]> <![CDATA[Iowa beef producers see value, stability on trade mission to Japan]]> 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. ]]>