Page 22 - MWC 3-9-2023s

CATTLE REPORT Entry report. Year-to-date The Midwest Cattleman · March 9, 2023 · P22
continued from page 21 imports from Canada, Aus- increased 10% but have been 850 million. The third quar-
tralia and New Zealand are more than offset by a decline ter is lowered 30 million
ahead of the same period last of over 50% in processed beef. pounds to 860 million and
Import data suggests year, but not quite enough to
another strong first offset decreases from Mexi- Additionally, the U.S. Cus- the fourth quarter is lowered
quarter co and Brazil. Imports from toms and Border Protection 45 million pounds to 765 mil-
Imports are running 3% Mexico account for the larg- Quota Status Report from lion. Therefore, the annual
behind the record pace of est portion of the year-over- Feb. 6 shows the tariff-rate forecast is raised 25 million
quota for “other” countries pounds to 3.425 billion.
first-quarter 2022, according year decrease, down 25%
to weekly data published by compared to the same period (countries without a specif- Figure 4 shows how the
ic quota or free trade agree- quarterly import forecasts
the USDA, Agricultural Mar- last year. Total imports from
keting Service in the weekly Brazil are down 6%; fresh ment, set at just over 65 mil- compare to 2022 and the five-
lion kilograms, or 143 million year average. First quarter
Imported Meat Passed for beef imports from Brazil have pounds) is more than 50% is expected to again be the
filled. The quantity is 7% highest quarter. The second
ahead of the same week last half of 2023 is expected to be
year. The quota fill rates for stronger than 2022, as cow
Australia, New Zealand and slaughter is forecast to de-
Argentina are also ahead of crease substantially in late
the same period last year. 2023, increasing the need for
As implied by the relative- imported lean trim.
ly strong import data in early Recap of 2022 beef
2023, stronger imports are imports
expected in the first quarter December imports came
with a partial shift from the in at 248 million pounds, 9%
second half of 2023 to the lower year over year, but 9%
first quarter and a net in- higher than the five-year
crease of 25 million pounds average (Table 2). Imports
for the year. Specifically, from Brazil were significant-
the first-quarter forecast is ly lower than the previous
raised 100 million pounds to December when a temporary
950 million, implying a year- ban by China on Brazilian
over-year decrease of only beef caused a surplus of ex-
about 4%. The second-quar- portable supplies and helped
ter forecast is unchanged at boost shipments to the U.S.

WE CAN DO BETTER!

Part 1 of 3: MORE - Making silage/HMC last longer

(and maybe even carry over)

There’s more to it than black crust. You may be leaving money on the table.

Oxygen is your enemy, robbing dry matter tonnage. Running out of feed and
wasting feed dollars on rot can be avoided. You might end up with carry over!
• Piles and bunkers lose on average 7% just in fermentation.
• Typical shrink losses are between 15 - 25%, even with little visible spoilage.
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• The goal is shrink loss less than 10%, and rarely happens unless strict attention
is paid to chop length, moisture, correct packing procedures, pack tractor
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