Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   

Agricultural News


New Rabo AgriFinance Report Provides Favorable Outlook for US Beef Industry Over Next 10 Years

Wed, 30 Aug 2017 14:19:50 CDT

New Rabo AgriFinance Report Provides Favorable Outlook for US Beef Industry Over Next 10 Years The U.S. has an overall mature beef industry with a steady consumption rate, however the industry has had several disruptions over the last five years leaving room for expansion in the near future. The second in a new series of reports from the RaboResearch Food and & Agribusiness group, provides a ten-year outlook that sees a rebuilding effort in the beef and cattle industries and increases in U.S. exports.



The report, "Expanding Beef Production Increases the Need for Exports: U.S. Long-Term Beef and Cattle Baseline Outlook," provides an outlook through 2025 for U.S. beef and cattle industries. The purpose of the baseline is to create a point of comparison which can be utilized for strategic planning and scenario analysis.



"Population growth, along with improving middle-class incomes, are the global drivers behind the opportunity for increased beef exports," notes RaboResearch Global Senior Data Analyst Sterling Liddell. "Conversely, beef imports into the U.S. face headwinds as an increased number of head available for slaughter combines with relatively persistent carcass weights to equal, or exceed, domestic demand levels."



The report looks to offer ideas for new opportunities that can be explored and risks that must be monitored over the next five years.



"While the trend of increasing quality is difficult to quantify, the combination of genetic improvement, formula pricing that includes premium price structures, and additional days of feeding due to lower grain prices will continue to drive U.S. beef quality higher," notes Don Close, Senior Animal Protein Analyst and co-author of the report. "The premiums in the U.S. are expected to increase relative to choice, branded, and select classifications."



This U.S. Long-Term Beef and Cattle Baseline Outlook report is the second in a six part series. Earlier this month the U.S. Long-Term Grains and Oilseed Baseline Outlook was released. The remaining Rabobank North American Baseline Outlook publications will be released over the course of Q3 2017 will include:



1.      U.S. Long-Term Pork & Poultry Baseline Outlook

2.      Mexico Long-Term Grain, Oilseed, & Animal Protein Baseline Outlook

3.      Canada Long-Term Grain, Oilseed, & Animal Protein Baseline Outlook

4.      U.S. Farm Economics Baseline Outlook



Source - Rabo AgriFinance




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Youth Expo Sale of Champions Sale Order Available Here- Sale Set for 4 PM Friday  Fri, 17 Mar 2023 04:50:54 CDT
  • Rural Voters Dominated Vote to Defeat Recreational Marijuana March 7th  Fri, 10 Mar 2023 07:13:05 CST
  • Ron Hays Talks to Israeli Ag Tour Guide Colin Lotzof About the Miraclel of Ag in Israel  Wed, 22 Feb 2023 22:11:04 CST
  • OALP Members Experience First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:51:49 CST
  • OALP Members Get First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:50:10 CST
  • Oklahoma Ag Leadership Program Sees Fruit, Beef and Dairy Production North of the Sea of Galilee in Israel  Mon, 20 Feb 2023 21:56:02 CST
  • Oklahoma Ag Leadership Program Sees Diverse Farm Operations in Jordan River Valley of Israel  Sun, 19 Feb 2023 21:17:30 CST
  • Israeli Tour Guide Mark Kedem Talks About The Cultural Aspects of What Class XX of OALP is Experiencing   Sat, 18 Feb 2023 22:17:23 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       
       
       
       
       

    Search OklahomaFarmReport.com

    © 2008-2024 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.