Feeder steer prices remain at historic highs across all major regions, averaging 22.9 percent higher year-over- year, and 58 percent higher than the five-year average. Some of the biggest gains have been in the Southern Plains, most affected by the imports of Mexican feeder cattle which are prohibited due to the New World screwworm (NSW).
Following the ongoing efforts to eradicate NWS and the USDA’s suspension of Mexican cattle (as well as horse and bison imports) on 11 May, Secretary of Agriculture Brooke Rollins provided an update last week. The USDA will be investing $21 million to renovate an existing fruit fly production facility in Metapa, Mexico, to produce 60 million-100 million additional sterile NWS flies per we...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
