…“Poor producer returns and drought have resulted in a significant decline in the beef cow herd,” Steiner said…
…”The Steiner Consulting Group’s weekly US imported markets update predicts July shipments from Australia to the US will be higher than the previous month, but still 35% short of the volumes shipped in 2020.”…
…“August seems like its anchored by what’s going on in the cutout,” said Altin Kalo…
…“The fact that the cut-out on beef has been drifting lower just doesn’t give the market a lot of confidence that packers will be out there bidding aggressively on cattle anytime soon,” said Altin Kalo, economist at Steiner Consulting Group…
…“Os preços da carne suína fresca começaram a cair”, disse Altin Kalo, analista do Steiner Consulting Group em Manchester, New Hampshire, por telefone…
…“Inflation at food service is stickier and probably will persist going forward,” Kalo said…
…“The $11 discount of the cutout to the CME Lean Hog Index was unusual and short lived,” they said…
…”According to USDA data analyzed by Steiner Consulting, weekly hog slaughter in April averaged 2.456 million head, up 3% compared to April 2019 (comparisons to 2020 are skewed because of COVID-19 disruptions).”…
…“The collapse in price reflects the impact of a decline in the quantity of pork demanded, an increase in the supply of pork imported and stored, extremely heavy carcass weights as producers gambled on a supply shortage this summer, and panic selling now that prices have collapsed,” said Steiner Consulting Group…
…”90CL frozen cow prices just keep reaching for the sky, advancing another 13¢, or 2% to reach 784¢/kg with Steiner consulting citing that general inflationary trends and strong competition from alternative destinations for imported beef are expected to keep beef values elevated throughout the American autumn season until at least Q4.”…