Articles by Bob Burgdorfer | Alberta Farmer Express

Plenty Of U.S. Beef — For Now, That Is

By Bob Burgdorfer August 1, 2011

Reading Time: 2 minutes Americans will have plenty of beef for the freezer, with enough left over to export in 2011, but supply will shrink in 2012 because the cattle herd is getting smaller, according to U.S. government reports released July 22. A USDA feedlot cattle report showed 10.45 million cattle were being fattened for slaughter on July 1, […] Read more

Livestock

Plenty of U.S. beef – for now, that is

By Bob Burgdorfer, Reuters, GFM Network News July 25, 2011

Americans will have plenty of beef for the freezer, with enough left over to export in 2011, but supply will shrink in 2012 because the cattle herd is getting smaller, according to U.S. government reports released July 22. A USDA feedlot cattle report showed 10.45 million cattle were being fattened for slaughter on July 1, […] Read more

Livestock

No future for pork belly futures

By Bob Burgdorfer July 18, 2011

Chicago’s iconic pork belly market has closed after 50 years of being the subject of jokes for movies and TV shows and satisfying Americans’ hunger for bacon-lettuce-tomato sandwiches. The Chicago Mercantile Exchange shut down the frozen pork belly futures market at the end of business on Friday, July 15. The closing had been expected. Trading […] Read more

News

U.S. Meat Sales Holding Despite Higher Prices

By Bob Burgdorfer April 25, 2011

Reading Time: 2 minutes Consumer spending at U.S. meat counters is steady to up slightly over the past two years as worries about the economy and high unemployment have waned, according to surveys presented at a meat industry convention Apr. 13 “At this point consumers are relatively happy because they are coming out of the other side of the […] Read more

News

U.S. Feedlot Cattle Supply At Three-Year High

By Bob Burgdorfer March 28, 2011

Reading Time: 2 minutes U.S. cattle supply at feedlots swelled to the largest in three years in February as high prices fuelled a rush to fatten them for slaughter. But this surge could be a precursor of a decline in supply that could soon mean higher beef prices at stores and restaurants, analysts said after a U.S. government report. […] Read more

Livestock, Markets

U.S. hog herd up slightly, no expansion yet

By Bob Burgdorfer March 28, 2011

U.S. hog producers are not expanding herds as worries about high feed costs have them managing what they have, analysts said Friday after a government report showed only a slight increase in hogs. The U.S. Agriculture Department showed the hog herd as of March 1 at 63.964 million head, up 0.7 per cent from a […] Read more

Livestock, Markets

U.S. cattle, hogs recover Friday from quake-related selloff

By Bob Burgdorfer March 26, 2011

U.S. cattle and hog futures closed sharply higher Friday and for the week with the April cattle the highest ever for a lead contract on widespread fund buying and short covering. Both markets have fully recovered the losses incurred shortly after Japan’s March 11 earthquake. In the days after that disaster, cattle futures lost about […] Read more

Livestock, Markets, Weather

U.S. hogs tumble on Japan demand worry after quake

By Bob Burgdorfer March 11, 2011

U.S. hog futures fell Friday, closing at their lowest in four days on worries that sales could slow to Japan, the top export market for U.S. pork, after a massive earthquake damaged ports and roadways. “We have to assume lower demand from Japan from consumer fear and confusion. Additionally, we have to assume a portion […] Read more

Livestock, Markets

Higher prices will test consumers’ taste for beef

By Bob Burgdorfer January 18, 2011

(Reuters) — Lady Gaga’s favourite Judas Priest burger will still cost $12 at Kuma’s Corner as the trendy Chicago eatery resists raising prices, even though the cost of making that burger has gone up. “You can’t pass it on, not in times like this,” Kuma’s manager Frank DeBoss said of the higher beef prices, which […] Read more

Livestock

Smithfield Living High Off The Hog

By Bob Burgdorfer January 3, 2011

Reading Time: < 1 minute Smithfield Foods Inc. expects to post a record profit this year as its moves to cut meat supplies are paying off with higher prices, and its shares rose more than 10 per cent. Smithfield is recovering from two years of losses that resulted from high feed prices, a glut of hogs and a recession that […] Read more

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GFM Network News

U.S. refiners amass biofuel liability as Biden mulls relief

Feed weekly outlook: Rains, demand keep bids down

U.S. grains: Corn, soy plunge on weather, broad commodities sell-off

Author Archives Bob Burgdorfer

Plenty Of U.S. Beef — For Now, That Is

Plenty of U.S. beef – for now, that is

No future for pork belly futures

U.S. Meat Sales Holding Despite Higher Prices

U.S. Feedlot Cattle Supply At Three-Year High

U.S. hog herd up slightly, no expansion yet

U.S. cattle, hogs recover Friday from quake-related selloff

U.S. hogs tumble on Japan demand worry after quake

Higher prices will test consumers’ taste for beef

Smithfield Living High Off The Hog

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