Cattle feeders holding hedged cattle are finding a strong negative basis of $5 to $7 per cwt., compared with the positive basis of $3 to $5 last July.

Boxed beef prices have dropped to their lowest level since 2017, and beef production will continue at a pace above last year with carcass weights up 35 pounds year-over-year.

Cattle feeders in the South were able to keep the market mostly steady to higher for the week. Most cash trades were $95-$96 with producers finding themselves in a position to pass on lower bids for front end cattle.

There’s a time when pounds aren’t everything. For one northeast Missouri family, it pays to focus on high-quality Angus genetics and market them on the grid, capitalizing on pounds of quality.

Texas A&M AgriLife Extension Service’s Aggie Beef 706 program will be held virtually. Ranchers, educators and allied business people are invited to learn the same valuable concepts traditionally taught in Beef 706.

Pinkeye can result in increased labor, the need to purchase antibiotics, decreased weaning weights and lower prices paid for animals with scarred eyes.