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USDA released their June Cattle on Feed report this afternoon. It said there were 2.2% more cattle on feed than on June 1, 2015.
Summer heat waves pose a serious danger to cattle in feedlots.
The effect of shade had no significant effect on body temperature or performance for cattle fed Zilmax or in the control group.
Feeding cost of gain is expected to drop for the remainder of 2016. Small net returns could be on the horizon for cattle finishers. Where are feeder cattle prices headed? Does it pay to retain ownership?
Where do we go from here? After a rough ride so far this year, one can only imagine what lies ahead for feeder cattle prices the rest of 2016.
A roadside memorial south of Balmorhea, Texas includes a metal sculpture of a horse in jaunty pose, a rusty cutout of a dozen steeds in full gallop and an old ranch saddle astride a cottonwood log.