Hay Stocks Up from Last Year and China Blocks Certain U.S. Beef
From the Ag Information Network, this is your Agribusiness Update.
**USDA’s May Crop Production report shows that hay stocks in the U.S. are up 46% year-over-year.
However, www.morningagclips.com reports, hay stocks in May of last year were the lowest seen since 2013. So, it doesn’t mean that pasture conditions have been perfect, but this increase shows they certainly have improved since 2022
In the southeast, eight out of the ten states saw increases with the exception of Alabama and Kentucky.
Florida May hay stocks increased almost 3-fold.
www.morningagclips.com/florida-cattle-market-update/
**Meat processor JBS says China blocked shipments from the company’s Colorado plant because traces of ractopamine (rack-TOE-pah-meen), a feed additive, were found in beef headed to China.
The Poultry Site says Brazil-based JBS, the world’s biggest meat processor, announced in a statement that it’s working with U.S. and Chinese authorities to resolve the situation.
No other JBS beef facilities in the U.S. have been impacted by the Chinese announcement.
**With FDA approval in hand, Elanco Animal Health announced it will sell throughout North America its feed ingredient,
Bovaer (boe-vair), that reduces methane emissions from lactating dairy cows by 30%, beginning in the third quarter of the year.
www.agriculture.com reports, farmers could use carbon contracts to offset the cost of the ingredient.
Agriculture is responsible for roughly 10% of U.S. greenhouse gas emissions, and methane accounts for 40% of agricultural emissions.
www.agriculture.com/feed-ingredient-that-reduces-methane-from-dairy-cows-is-approved-for-u-s-sale-8655064
