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Scenes across Texas, Oklahoma and Kansas resemble the Dust Bowl after winds topping 100 mph ravaged the area. Growers are dealing with a dryland wheat crop that could already see abandonment as high as 80%.
Market participants seem to be more focused on the day-to-day trading in the spot meat/livestock markets, and the short-term impact from weather events, Steiner Consulting says.
Carrying show lists the previous week paid off to the tune of $3 cwt. A combination of bullish factors fueled the market and cattle feeders were awarded.
When you invest in bulls this spring, it is a good idea to pen bulls of similar ages and size together for several weeks prior to start of breeding season to allow for social ranking of bulls.
Cattle feeders continued gaining market leverage this week as prices moved higher and slaughter levels declined.
A case of Atypical BSE, or mad cow disease, was confirmed in the northern state of Para, Brazil on Wednesday. However, the real question is—when did this case actually occur? USCA and NCBA leaders share their thoughts.
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