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Daily News Update, Nov. 19, 2007

U.S. beef exporters cite losses in Korean
market
American beef exporters on Thursday lamented billions of U.S.
dollars in losses from a restricted South Korean market and called
on the two governments to rectify inspection standards. In a hearing
called by the International Trade Commission, the National
Cattlemen's Beef Association said U.S. beef exports this year would
have reached $1.53 billion.
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Beef, veal retail prices outpace pork, poultry
Compared to 10 years ago, beef
prices are up almost 55 percent. Pork prices during the same time
frame have increased by a little less than 16 percent while poultry
costs (includes broiler and turkey meat) are some 24 percent higher.
more
Texas cattle
on feed numbers up slightly
Cattle and calves on feed for slaughter market in Texas feedlots
with capacity of 1,000 head or more totaled 3.0 million head on Nov.
1, up slightly from a year ago. U.S.
cattle on feed numbers were 2 percent below Nov. 1, 2006.
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