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Veteran Advisor

Export Question

Reading  an  article  today,  again ,  saying  Beef  Exports  exceeded  2017  by  7%  =  1.35  Million metric  tonnes  - - -

 

                                                                                                               2018  value being $8.33 Billion  - a $1.06 Billion  increase 

 

Running  the  numbers, I'm  puzzled  on  the Fat  Cattle  pricing  of  2018 ,  being  so  lack  luster  - ? 

 

$ 8,330,000,000.oo ,  divided  by,   2,926,000,000  lbs.  =  $2.84  / lb .   -  Check  this  math please 

 

2,926,000,000  lbs   -=-   950  lb  carcass   =  3,080,000   head  -=-   52  weeks  =  59,230  head /  week   -  ?   -  ? 

                                         900 lb  carcass   =  3,251,000   head   -=-   52 weeks  =   62,519  head/ week 

                                         850 lb  carcass   =   3, 442,352  head  -=-   52  weeks  =  66199   head  week 

 

Beef  cow  slaughter  is  stated  in ''' beef  magazine ''' Dec 12 th  -   3.1  million  for  2018,   out  of  the  31.7  million  dressed  for  the  year  - - -          

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Senior Contributor

Re: Export Question

there are only 4 major packers ...and they price / buy 75% of All fat cattle.

 

its not a stretch at all to see they can put whatever price they want on fat cattle.

( even $0 if they so desire )

 

yes exports are are a new record high...keep in mind the USDA only counts whole loads of single muscle cuts or primals as an export.

 

soooo exports are Truely much higher than reported by USDA.

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Veteran Advisor

Re: Export Question

When  I   was  reading  the  '' A  S  Flu '' -  China  article  in  S F  by  the  recent  trip  of  U S  folks  -  -  -

 

It  was  interesting  doing  the  interpretation  between  the  lines  of  numbers,  with  China  having  a   700 million  annual  hog  production ,  1 %  loss  due  to ''  A S F '' -  ah  -  I  thought  things  were  really  catastrophic  - ?    

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