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LINCOLN, NE – What a difference a year makes when it comes to cow prices! Whether it is weigh up cows at $1.10 per pound or young bred heifers and cows pushing $2,500 – $3,000 per head, the recent rise in prices has been dramatic. Many cow-calf producers will sell calves this fall and make […]
WASHINGTON, D.C. – Agricultural land values increased by $280 an acre over 2022, according to USDA’s National Agricultural Statistics Service. The Land Values 2023 Summary report, released on August 4, shows a 7.4% increase following 2022’s record-breaking numeric increase of $420 per acre (12%) over 2021. Cash rent values for cropland were up 4.7% to […]
PIERRE, SD – South Dakota’s farm real estate value, a measurement of the value of all land and buildings on farms, increased from 2021, according to USDA’s National Agricultural Statistics Service. Farm real estate value for 2022 averaged $2,600 per acre, up $410 per acre (up 19%) from last year. Cropland value increased 19% from […]
WASHINGTON, D.C. – The recent USDA Foreign Agricultural Service bulletin on Livestock and Poultry: World Markets and Trade provides a current summary of the major beef consuming and importing countries in the world. Total global beef consumption is forecast to increase slightly in 2022 with increased consumption in China, Brazil, India, Mexico, and Japan and […]
WASHINGTON, DC – U.S. beef exports greatly exceeded previous volume and value records in 2021, surpassing $10 billion for the first time, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports finished slightly below the record volume reached in 2020 but set a new value record, […]
WASHINGTON, DC – According to Brownfield Ag News, many ag economists expect to see continued contraction in the biannual cattle inventory report. Scott Brown, a livestock economist at the University of Missouri, tells Brownfield total cattle and calves are projected to be down 1.2 percent and the calf crop is expected to drop about 1 […]
WASHINGTON, D.C. – U.S. beef exports set another new value record in July, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). July export value climbed 45% from a year ago to $939.1 million, while volume was the third largest of the post-BSE era at 122,743 metric tons (mt), […]
DENVER CO – U.S. red meat exports closed the first half of the year on a strong note, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Although volume and value eased from the enormous totals posted in April and May, export value was still the highest on record […]
PIERRE, SD – South Dakota’s farm real estate value, a measurement of the value of all land and buildings on farms, increased from 2020, according to USDA’s National Agricultural Statistics Service. Farm real estate value for 2021 averaged $2,190 per acre, up $180 per acre (up 9%) from last year. Cropland value increased 12% from […]