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US Looks at trade surplus of red meat this year

Idaho Farm Bureau's Podcast

English - July 22, 2020 03:00 - 5 minutes - 3.97 MB - ★★★★ - 6 ratings
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Previous Episode: Markets steady, cattle up!
Next Episode: Milk prices climbing!

On the eve of this year's Idaho dry bean harvest, Beans are in short supply and prices have doubled.

Some changes being made to the Livestock Gross Margin Insurance program and may make it a more desirable option for cattle producers.

The pandemic has really cut into beef exports and the US may import more beef than we export this year.

And the U.S. red meat import situation during the first eight months of the 2020 fiscal year is looking like another trade surplus.