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Declining cattle futures prices continue to pressure cash prices. The cheaper inventories are working to pad the packer’s pocket as evidenced by a few plants operating on Saturdays.
While tighter cattle numbers and further declines in beef production will support higher prices, demand will increasingly become the critical market driver in 2024.
Corn silage is an excellent source of energy for cattle and replacing a portion of corn in cattle diets with silage should be a economical solution.
Market-ready cattle prices have rolled back $10 per cwt. since the end of October and average carcass weights have increased to all-time highs, a sign feedlots are not as current as previously expected.
In developing a protein supplementation strategy, it is important to consider what is the goal of feeding the protein supplement and that not all protein sources are equal.
Remote drug delivery devices to treat cattle are increasingly popular among producers, especially for use with cattle on pasture. Many veterinarians, however, continue to question whether such tools warrant use at all.
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