Page 10 - MWC 3-10-2022s

RUSSIAN INVASION The Midwest Cattleman · March 10, 2022 · P10
continued from page 3
ports for about a third of its Russia exported almost as crisis). Most of the beef that major suppliers of fertiliz-
pork consumption. However, much chicken as it imported. Russia bought in 2021 came ers. High feed and energy
in 2021, USDA points out Since 2010, Russian domestic from two sources: Paraguay costs are negative for U.S.
that Russian domestic pork chicken consumption has in- and Belarus,” Steiner Con- livestock producers, and they
consumption was 26% higher creased 36% while domestic sulting Group wrote. will negatively impact their
than in 2010 and the country chicken production increased Russian imports from Be- ability to bring more product
is now a net exporter of pork. 67%. larus are unlikely to be af- to market. Ultimately this is
Despite African swine Meanwhile, beef has been fected by Russia’s invasion of bad news for U.S. meat pro-
fever (ASF) outbreaks during a more difficult protein to Ukraine. Steiner Consulting tein consumers.”
this time period, Russia in- secure within Russia consid- Group believes the impact Steiner Consulting Group
creased its domestic pork ering land limitations and from a reduction in South said what’s even more uncer-
output by 86% and complete- domestic preferences. Rus- American imports is likely to tain is how a further spike
ly eliminated its dependence sian beef consumption has be minimal on global trade. in inflation could impact do-
on imports, Steiner Consult- declined 32% since 2010 and “Bottom line: Impact from mestic and export demand.
ing Group said. domestic production is 5% restrictions on Russian pro- “In this context, high-
In the early 2000s, more lower than it was 11 years tein purchases in the world priced proteins, like beef,
than half of the chicken that ago. market are likely to have face more downside risk than
Russian citizens consumed “Russia still buys beef in no impact on global trade,” pork or chicken,” Steiner
came from imports. By 2010, the world market, but that Steiner Consulting Group Consulting Group wrote.
Russia’s imported share had volume is down 67% from said. “However, Russia and Drovers
dropped to 27% and last year where it was in 2010 and even Ukraine are major contrib-
imports accounted for just 5% smaller than it was in 2006 utors to global grain and
of consumption. Meanwhile, or 2007 (before the financial oil trade, and they are also

RECORD BEEF volume destination for U.S. tion declines due to tighten- to 2021. Exports to China
continued from page 3 beef exports followed closely ing cattle supplies. USDA is will again be the wild card
by South Korea (22 percent). currently forecasting a 2.8 in determining whether 2021
Considering 2021 as a In total, the five countries in percent decline in beef pro- export levels are sustainable.
whole, USDA estimates beef the chart below accounted for duction during 2022 and a
exports totaled 3.45 billion 80 percent of total exports. 5.1 percent decline in beef
pounds according to the Beef imports were near exports in 2022 as compared
latest World Agricultural 2020 levels totaling 3.35 bil-
Supply and Demand Esti- lion pounds. Canada, Mexico,
mates (WASDE) report. This and New Zealand were the
was nearly 17 percent above primary sources of beef im-
2020 export levels and 9 per- ports at 28, 20, and 15 per-
cent higher than the previous cent share. Australia, typi-
record year 2018. Entering cally a top two import source,
2021, exports were forecast- was only the fourth largest at
ed to be 3.09 billion pounds. 12 percent followed by Brazil
Growth in beef exports at 11 percent. Together, these
to mainland China was the five countries accounted for
biggest driver of the over- 87 percent of total beef im-
all growth in exports during ports. Imports from Australia
2021. As shown in the chart were down 38 percent from
above, China (16 percent 2020; however, their herd is
share) was the third largest expected to further rebuild in
destination for US beef ex- 2022 amid improving rainfall
ports during 2021 and sur- conditions.
passed Mexico (9 percent) Looking ahead, exports
and Canada (8 percent). At are expected to decline in
23 percent of total exports, 2022 amid higher prices and
Japan was again the largest as total U.S. beef produc-

LIFE ing, hot drink. I can still hear I kept both of them a secret soon as morning chores were
continued from page 5 Dad’s alternate blowing, sip- from Mom for many years. completed. When he took his
liquid. Dad would then reach ping, and satisfied “ahhhs,” as While Dad slowly sipped last sip of coffee from the old,
stained saucer, it was as if a
for the Mason jar of rich, gold- he consumed what must have his coffee, from the saucer, starting pistol had been fired
en, Jersey cream, and dip two been so delicious. the rest of us ate and listened at an Olympic race, and we
or three tablespoons of the Mom refused to allow me, to the AM radio, that dutiful- all scattered to get our work
thick nectar (the cream was or my sisters, to consume cof- ly reported the cattle and hog done.
much too thick to pour) into fee, for it was, “something for prices, from yesterday’s trad- Ahhhh, for the want of a
his saucer of coffee. Since I sat adults to drink,” and much too ing, and the weather forecast saucer.
to his right, I could watch the strong and habit forming for for today and tomorrow. After
tiny globules of fat, from the kids to partake. As a matter the markets and weather,
cream, expand and explode as of fact, I drank my first beer Dad gave all of us our daily
they mixed with the steam- before I ever drank coffee, and duties, to be carried out as