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Cattle ranches survive on successful marketing. Read about the important issues that influence our markets and cattle prices.
Higher beef prices provide challenges for restaurants
published: May 26th 2023 by: Dr. David P. Anderson source: Southern Livestock Standard
Higher cattle prices are welcome (and overdue) news to ranchers as they are necessary to return to profitability following higher production costs. Higher wholesale beef prices are more difficult news to restaurants as they work to put together options that are competitively priced for their customers....
National feeder and stocker receipts higher to start 2023
published: May 26th 2023 by: Dr. Josh Maples source: Southern Livestock Standard
The number of feeder and stocker cattle sold during the first four months of 2023 was about four percent higher than during the same period in 2022 according to data from the USDA-AMS National Feeder and Stocker Cattle Summary....
2023 beef production forecasts
published: May 12th 2023 by: James Mitchell source: Southern Livestock Standard
USDA’s World Agricultural Outlook Board (WAOB) publishes the monthly World Agricultural Supply and Demand Estimates (WASDE) report. The report contains domestic and international supply and use forecasts for most crops and livestock products....
Weighing the market-March 17, 2023
published: March 17th 2023 by: Wes Ishmael source: Southern Livestock Standard
Calf prices surge higher Higher cash and cattle futures prices through the first two weeks of March underscore declining cattle numbers and beef production. Month-to-month on March 9, the CME Feeder Cattle Index was $5....
CattleFax forecasts producer profitability in 2023 with potential drought relief for the West
published: March 6th 2023 source: National Cattlemen’s Beef Association
The popular CattleFax Outlook Seminar, held as part of the 2023 Cattle Industry Convention and NCBA Trade Show in New Orleans, shared expert market and weather analysis. Prices and profitability will again favor cattle producers in 2023....
Early herd rebuilding could happen through the bred cow market
published: March 3rd 2023 by: Elliott Dennis source: University of Nebraska Extension
The USDA Cattle Inventory report showed a 4% reduction in beef cows, a 6% decrease in heifers held back for retention, and a 5% reduction in heifers expected to calve this year (USDA-NASS 2023). Feeder cattle supplies will be reduced nationally in 2023....
Senate reintroduces Cattle Market Reform Bill
published: March 3rd 2023 source: Texas Cattle Feeders Association
A bipartisan group including Sens. Chuck Grassley (R-Iowa), Deb Fischer (R-Neb.), Jon Tester (D-Mont.) and Ron Wyden (D-Ore.) reintroduced the Cattle Price Discovery and Transparency Act of 2023 on Thursday, Feb....
Calf prices strengthen, cattle herd shrinking
published: March 1st 2023 by: Adam Russell source: Texas AgriLife Today
Texas’ cattle herd numbers continue to shrink, but calf prices remain strong, according to a Texas A&M AgriLife Extension Service expert. Future cattle prices could hinge on weather and subsequent grazing availability and/or input costs, such as grain....
What does the Cattle Inventory Report mean for cattle markets in coming years?
published: February 24th 2023 by: Dr. Andrew Griffith source: Southern Livestock Standard
With the release of the Jan. 1 cattle inventory report, there have been several questions concerning what it means for cattle markets the next several years. If the inventory report is paired with record low hay stocks and high feed prices, then some longer-term implications are apparent....
Recapping prices
published: February 3rd 2023 by: Dr. Andrew Griffith source: Southern Livestock Standard
Fed cattle Fed cattle traded $1 lower compared to last week January on a live basis. Prices on a live basis were mainly $153 to $155 while dressed prices were mainly $247 to $248. The 5-area weighted average prices thru Thursday were $153....
January 1 Cattle on Feed declined from 2022
published: February 2nd 2023 by: Josh Maples source: Southern Livestock Standard
Feedlot inventories were below year-ago levels for the fourth consecutive month according to the latest USDA Cattle on Feed report. There were an estimated 11.68 million head of cattle on feed as of January 1st, which is 3 percent lower than Jan....
Strong counter-seasonal market
published: February 1st 2023 by: Stephen R. Koontz source: Southern Livestock Standard
The last several weeks of 2022 and the first week in 2023 have seen two substantial storms – delaying holiday travel – but also putting substantial moisture in the mountain west, some in the southern plains, and more in the northern plains and upper Midwest....
Cattle prices surge as supply falls, demand holds steady
published: January 30th 2023 by: Ryan McGeeney source: University of Arkansas System Division of Agriculture
If you ask James Mitchell about the bright side of the 2022 drought, he’ll tell you this: Better now than then. "I'd much rather be having the conversation about current prices than about what they were one or two years ago,” Mitchell said on Jan....
Final rule for the AMS Cattle Contracts Library
published: January 9th 2023 by: Brenda Boetel source: University of Wisconsin-River Falls
The U.S. Department of Agriculture (USDA) published the final rule needed to create a Cattle Contracts Library. The final rule requires packers that slaughtered an average of not less than five percent of the number of fed cattle slaughtered nationally during the immediately preceding five calendar years to submit contractual information for the purchase of cattle....
Blach expects prices to go up in 2023
published: January 6th 2023 source: Kansas Livestock Association
With a shrinking U.S. cattle supply and more shackle space available, cow-calf producers and feeders are starting to see leverage shift in their favor, CattleFax Chief Executive Officer Randy Blach told those attending Beef Industry University, which was sponsored by the Farm Credit Associations of Kansas in late 2022....
Report shows ending U.S. beef trade could be catastrophic for industry
published: November 4th 2022 source: Kansas State University
A recent report revealed economic disaster would be the end result if all U.S. beef trade was eliminated. The report was authored by agricultural economists Glynn Tonsor of Kansas State University and Derrell Peel from Oklahoma State University....
Texas cattle producers plan for, look toward post-drought market
published: October 29th 2022 source: Texas AgriLife Today
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August beef exports again top $1 billion
published: October 14th 2022 source: USMEF
Beef exports were slightly above last August’s large volume and again topped $1 billion in value, reaching this milestone in seven out of eight months this year, according to data released by USDA and compiled by the U....
Drought continues to drive feedlot placements higher in August
published: October 14th 2022 by: James Mitchell, livestock marketing spec source: University of Arkansas System Division of Agriculture
The Sept. 1st Cattle on Feed report was recently released and showed feedlot inventories totaling 11.3 million head. Importantly, the report notes this was the second largest September feedlot inventory since the report began in 1996....
Review of feeder markets
published: September 30th 2022 by: Stephen R. Koontz source: Department of Agricultural and Resource Economics, Colorado State University
The fall run of calves is underway for the Great Plains and mountain states. Price reporting for feeder cattle and calves are rather thin – especially in Colorado – though the summers and the past three weeks have revealed more substantial numbers of transactions....
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