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Cattle ranches survive on successful marketing. Read about the important issues that influence our markets and cattle prices.
Texas Auction Barns Reveal The Continued Effects Of Drought
published: January 19th 2012 by: Katharine Shilcutt source: HoustonPress.com
At a cattle auction under brilliant blue skies in Longview, the ring of wooden seats surrounding the auction floor is nearly empty. The weekly auction takes place here every Thursday starting at noon, although precious few buyers or sellers show up anymore....
China Big Buyer of Beef In 2011
published: January 17th 2012 by: Dan Pillar source: DesMoinesRegister.com
China, a good customer of U.S. pork but seldom a factor in beef purchases, showed up as a big buyer of beef at the very end of the 2011 marketing year in the latest U.S. Department of Agriculture weekly export summary....
Time To Analyze Marketing Weights Of Calves
published: January 13th 2012 by: Robert Burns source: Texas AgriLife
OVERTON – “Rain or shine, wet or dry, do you want to make more money from your cows next year?” asks a Texas AgriLife Research forage scientist. “It’s possible primarily as today’s high-priced corn has changed the way feedlots are doing business,” said Dr....
Cow Prices Predicted Higher in 2012
published: January 4th 2012 by: Dr. Darrell Peel source: Oklahoma Farm Report
OSU's Peel Predicts Higher Cattle Prices in 2012 Beef and cattle prices increased to new record levels in 2011 and are expected to push even higher in 2012- so says Oklahoma State University Extension Livestock Market Economist Dr....
Feedlot Entry Numbers Expected To Show Decrease
published: December 16th 2011 by: Marshall Eckblad source: Ag.Com
The U.S. Department of Agriculture is expected to report a drop in the number of cattle sent to U.S. feedlots in November compared with a year ago, the latest evidence of a yearlong drought in the southern plains that will eventually lead to tighter beef supplies....
Iowans Buying Texas Cattle
published: November 25th 2011 source: Iowa Gazette
CEDAR RAPIDS – The most severe drought Texas has experienced in a single year is presenting opportunities for farmers in parts of the country with more moisture, like Iowa. Some local farmers recently have bought reduced-priced cattle from Texans forced to deplete their herds as this year’s devastating drought dries up the grass and water needed to keep the animals alive....
Fed Cattle Prices Soar As Drought Continues
published: November 16th 2011 by: Robert Burns source: Texas AgrilLife
Fueled by declining beef production due to the drought and booming exports, fed-cattle prices soared to “unprecedented” levels, according to a Texas AgriLife Extension Service expert. Fed cattle prices were $127 per hundredweight last week, said Dr....
Red Meat Exports Soar
published: November 11th 2011 by: Don Pillar source: DesMoinesRegister.com
Exports of pork and beef continued at record pace through September, with pork exports up 16.6 percent to a value of $4.4 billion and beef exports increased by 26 percent. The strong exports have played a major role in record prices for both cattle and hogs, which are up by 31 percent and 44 percent respectively....
High Prices, New Website Help Southeast Cattlemen Weather Risk
published: November 10th 2011 by: Brad Haire source: University of Georgia
Much like row-crop prices, beef cattle prices are high now and reached historic highs earlier this year. Facing drought and feed shortage, though, southeastern cattle producers still must make tough decisions when it comes to their financial bottom lines and keeping herds healthy....
Source and Age Premium Expected To Decline
published: November 7th 2011 by: Emmitt L. Rawls, professor of Ag-Economi source: Tennessee Beef Cattle
According to an article in CattleFax “Trends,” premiums paid by packers for cattle that are age verified as being under 21 months of age will decline in 2012. Over the past several years premiums have ranged from $12 to $45 per head depending on the packer and time of the year....
Beef Board releases 2012 plan of work
published: September 30th 2011
The Cattlemen’s Beef Board will invest about $39.8 million, from a total budget of about $42.1 million, into programs of beef promotion, research, consumer information, industry information, foreign marketing and producer communications in Fiscal Year 2012, if the recommendation of the Beef Promotion Operating Committee is approved by USDA, following review by the full Beef Board....
Korea-U.S. International beef symposium Nov. 1-2 at Texas A&M University
published: September 30th 2011 by: Blair Fannin
By: Blair Fannin COLLEGE STATION – A two-day symposium scheduled November 1-2 at Texas A&M University will address increased global demand for high-quality beef produced in the U.S. and emerging opportunities internationally....
Beef Demand Projected To Remain High
published: September 16th 2011 source: KBTX
Increased exports of beef, combined with a short supply in the U.S., has made the outlook for future prices look relatively stable for the next few years. "Beef exports are going to be record high....
Seven Things Every Small Producer Should Know
published: September 15th 2011 by: Rick Machen, PhD
Size is relative, so a definition of “small” is warranted here. For the purpose of this discussion, small beef cattle operations are defined as those maintaining a cowherd inventory of less than 100 head....
Prepare To Age And Source Your Cattle Correctly
published: August 12th 2011 by: Kris Ringwald source: NDSU Extension
Another glaring example of an almost missed opportunity arrived the other day. Sixty-seven head of cattle were sent to harvest. During the process, the cattle numbers were read and verified. However, the alarms sounded and people jumped when the numbers that were in the harvest process did not match the shipping manifest....
Spreadsheet Helps With Drought-Related Culling
published: July 26th 2011 source: Hay and Forage.com
The Texas AgriLife Extension Service and Oklahoma State University have developed a spreadsheet program to help cattle producers make culling decisions due to extreme drought. The Cow Bid Price Estimate Calculator is available at http://agfacts....
Heifers And Cow Numbers Continue Decline
published: July 25th 2011 source: DesMoinesRegister.com
The U.S. Department of Agriculture’s midyear inventory of the nation’s cattle herds show a 1 percent decline from a year earlier as of July 1, to an even 100 million head. Most significantly, the number of replacement heifers, those females destined to give birth to calves, was down 5 percent as the high cost of feed and the difficult conditions in drought-stricken southwestern states takes its toll and makes producers reluctant to increase the size of their herds....
Big Bam Boost Beef Demand
published: July 13th 2011 by: Wyatt Bechtel source: CAB
A dry, flavorless and thinly cut steak can be enough to sour anyone's taste for beef. “There is no doubt that cattle are getting bigger, and that will continue,” says Terry Houser, Kansas State University meat scientist....
White House Threatening To Hold Up Trade Deals
published: May 21st 2011 source: Associated Press
The White House is threatening to hold up final passage of three coveted free trade agreements unless lawmakers expand retraining assistance for American workers who lose their jobs because of foreign competition....
Failure To Close Deal With South Korea, Would Open Door For Other Countries To Benefit
published: May 3rd 2011 by: Bomi Lim source: Bloomberg News
U.S. Commerce Secretary Gary Locke said failure by Congress to pass a free-trade agreement with South Korea would hand an advantage to rivals such as Australian beef exporters. “We need to ratify this agreement as quickly as we can to make sure that our American beef producers have access without ending up losing to Australia,” Locke, President Obama’s candidate to be the next ambassador to China, said today in an interview in South Korea....
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