Feeder markets started the week very uneven with demand still strong but some pressure coming in from rainy conditions in the Southeast, overpopulated sick-pens in the Southern Plains, and generally the same challenges that calf markets experience every year in […] ↓ Read the rest of this entry…
USDA’s October crop report predicted that this year’s harvests of corn and soybeans will both be the largest of record. The corn harvest is estimated at 14.475 billion bushels, up 550 million bushels from the previous record set in 2013. […] ↓ Read the rest of this entry…
NATIONAL FEEDER & STOCKER CATTLE SUMMARY – WEEK ENDING 10/17/2014 RECEIPTS: Auctions Direct Video/Internet Total This Week 247,800 23,800 20,000 291,600 Last Week 231,600 21,800 11,000 264,400 Last Year 135,000 67,900 None 202,900 Compared to last week, yearling feeders […] ↓ Read the rest of this entry…
On Sept. 29 – Oct. 2, I had the opportunity to see a good portion of the heart of Northern Plains cattle country. We drove across southern North Dakota (N.D.), down through southwestern N.D. and the entire stretch of […] ↓ Read the rest of this entry…
Domestic meat demand has been above the year-ago level for 21 of the last 22 months and there are signs it will continue to strengthen. Today’s jobs report said non-farm payroll increased by 248,000 during September. That’s the biggest increase […] ↓ Read the rest of this entry…
USDA’s September Cold Storage report said there were 343.7 million pounds of beef in cold storage at the end of August. That is 6.2% less than the month before and 20.1% less than a year earlier. This is the lowest […] ↓ Read the rest of this entry…
NATIONAL FEEDER & STOCKER CATTLE SUMMARY – WEEK ENDING 09/26/2014 RECEIPTS: Auctions Direct Video/Internet Total This Week 185,100 26,900 12,100 224,100 Last Week 191,500 36,700 79,600 307,800 Last Year 213,800 35,800 16,700 266,300 Compared to last week, yearling feeder cattle […] ↓ Read the rest of this entry…
Last Friday the USDA released their monthly Cattle on Feed report providing estimates that overall were in line with pre-release expectations. Specifically, estimates include current inventories being down 1%, August placements being down 3%, and August marketings being down 10% […] ↓ Read the rest of this entry…
With a recent adjustment to the downside, prices for all classes of cattle have taken off like a rocket over the last several weeks. These prices at never seen (nor dreamed of) before levels are causing many cow-calf producers to […] ↓ Read the rest of this entry…
Dan Basse, president of AgResource Company, explains how infrastructure and cowherd numbers affect corn and beef prices going forward. This video news is provided by CAB and the American Angus Association. Visit www.CABpartners.com or www.angus.org for more information.
Cash prices for most classes of feeder cattle pushed higher last week in Oklahoma and other markets. Both calf and feeder prices advanced counter-seasonally with feeder prices reaching new record levels at several weights. 700-800 pound steer prices […] ↓ Read the rest of this entry…
NATIONAL FEEDER & STOCKER CATTLE SUMMARY – WEEK ENDING 09/05/2014 RECEIPTS: Auctions Direct Video/Internet Total This Week 113,200 33,600 4,100 150,900 Last Week 143,200 32,400 30,500 206,100 Last Year 134,100 36,700 9,000 179,800 Compared to last week, coming back after […] ↓ Read the rest of this entry…
The USDA Cold Storage report released last Friday showed that total stocks of beef, pork, chicken and turkey in U.S. freezers at the end of July were 292 million pounds less than July 2013, a decrease of 12.7 percent. This […] ↓ Read the rest of this entry…
RECEIPTS: Auctions Direct Video/Internet Total This Week 143,200 32,400 30,500 206,100 Last Week 138,400 70,100 146,200 354,700 Last Year 165,200 31,800 203,800 400,800 Compared to last week, feeder cattle and calves again this week traded unevenly steady. A number of […] ↓ Read the rest of this entry…
About a year ago I wrote an article entitled “Cattle markets move past summer lows”. The title of this article reflects how far we have come and serves as a reminder that the current cattle and beef market situation […] ↓ Read the rest of this entry…
RECEIPTS: Auctions Direct Video/Internet Total This Week 138,400 70,100 146,200 […] ↓ Read the rest of this entry…
So far 2014 has been one for the record books when it comes to the cattle market. Increased cattle values combined with less expensive feed have dramatically changed the outlook for cow/calf profitability compared to the last few years. These […] ↓ Read the rest of this entry…
NO VIDEO THIS WEEK RECEIPTS: Auctions Direct Video/Internet Total This Week 146,300 16,800 32,800 195,900 Last Week 137,800 62,300 48,000 248,100 Last Year 156,800 45,900 6,600 209,300 Compared to last week, feeder cattle and calves traded weak to 5.00 lower […] ↓ Read the rest of this entry…
According to the Land Values report released last Friday the value of an acre of pasture climbed by 11.1% to average $1,300 per acre in the U.S. in 2014. Growth in pasture land value exceeded that of cropland value (up […] ↓ Read the rest of this entry…
NATIONAL FEEDER & STOCKER CATTLE SUMMARY – WEEK ENDING 08/08/14 RECEIPTS: Auctions Direct Video/Internet Total This Week 137,800 62,300 48,000 248,100 Last Week 134,900 38,000 108,800 281,700 Last Year 140,100 43,800 221,500 405,400 Compared to last week, feeder steers and […] ↓ Read the rest of this entry…