Latest News From Greg Henderson

The Kansas Legislature hopes to encourage large-scale poultry operations within the state.
Kansas Paves Way For More Poultry

The Kansas Legislature hopes to encourage large-scale poultry operations within the state.

Feeder cattle closes sharply higher and lean hog market sinks to two-month low.
Profit Tracker: Packer Margins Exceed $160

Steady to $1 higher cash fed cattle prices upped cattle feeding margins $20 per head to $194, according to the Sterling Beef Profit Tracker.

Drought worries in the Central Plains have taken some of the luster off grazing cattle prices.
Fed Cattle Higher, Calves Steady to Lower

Calf prices were steady to lower this week, with a few markets finding higher prices on grazing cattle.

The (New)Case for Animal ID

The need for traceability hasn’t gone away for numerous reasons

Bred heifers found average gains of $50 per head in February 2018.
February Female Markets Stronger

Bred heifers found average gains of $50 per head in February 2018.

Fire crews and emergency personnel were able to contain the wildfire in Clark County, Kansas.
Wildfire Contained In Clark County, KS

Fire crews and emergency personnel were able to contain the wildfire in Clark County, Kansas.

<p>Feedlot Cattle</p>
Profit Tracker: Packer Margins Shoot Higher

Cattle feeding margins held firm last week while packer margins more than doubled.

Feeder cattle sold steady to lower at auctions last week, while grass-ready calves were steady to higher.
Fed Cattle $2 Lower, Calves And Feeders Mixed

Feeder cattle sold steady to lower at auctions last week, while grass-ready calves were steady to higher.

Sam Hands will be recognized as Kansas Stockman of the Year.
Hands Recognized As Kansas Stockman of 2018

Fourth-generation cattleman Sam Hands will be recognized as 2018 Stockman of the Year by K-State's LMIC.

Profit Tracker: Feeding Margins Fall 16%
Profit Tracker: Feeding Margins Fall 16%

A $2 per cwt. dip in cash cattle prices cut $32 of closeout margins last week, but added $46 to packer margins.

Texas Rancher Sues Border Patrol

Lawsuit challenges authority to implement “Operation Drawbridge” on private property outside a 25-mile border zone.

Suit challenges authority to implement “Operation Drawbridge.”
Texas Rancher Sues Border Patrol

Lawsuit challenges authority to implement “Operation Drawbridge” on private property outside a 25-mile border zone.

Cash fed cattle prices declined $2 per cwt.
Beef Cutout $8 Higher, Fed Cattle $2 Lower

Cash fed cattle prices retreated $2 on the week, while feeder cattle prices were mixed.

Cattle placements during January were up 4%.
February Cattle On Feed 8% Higher

Cattle on feed numbers increased 8% during January.

Online grocery shopping will boost the popularity of meal kits among consumers, analysts claim.
Will Online Revolution End Commodity Beef?

Online grocery shopping is forcing changes all the way through the supply chain, and will result in new demand on cattle quality and specifications.

Profit Tracker: Packer Margins Continue Slide
Profit Tracker: Packer Margins Continue Slide

Cash cattle prices rallied $3-plus per cwt. last week, and average feedyard margins remain above $200 per head.

<p>cattle RFID gif</p>
The (New) Case for Animal ID

The U.S. livestock industry is realizing that animal ID might soon become a necessary part of doing business. 

All classes of cattle traded at higher prices, supported by gains in the futures markets.
Cash Fed Cattle Market Rallies $4 to $5

Rising futures prices encouraged packers to raise bids $4 per cwt. on market-ready cattle.

SAV Elation 7899 became the highest-priced bull ever sold at public auction last week.
Is A Bull Really Worth $800,000?

Elation represents “rare combination” of low birth weight, high growth and excellent beef quality. But, $800,000?

With modest gains in the bred female category, both the young- to middle-aged bred cows and the aged bred cows saw January 2018 average prices higher than those of 2017.
Bred Females Higher, Pairs Lower

With modest gains in the bred female category, both the young- to middle-aged bred cows and the aged bred cows saw January 2018 average prices higher than those of 2017.

<p>Feedlot Cattle Bunk</p>
Profit Tracker: Margins Remain Above $200

Cash cattle prices dipped slightly last week, with a similar decline in closeout margins.

Profit Tracker: Feedyard Margins Top $260
Profit Tracker: Feedyard Margins Top $260

Feedyard closeouts improved $55 per head last week after a $4 price rally.

A late-week rally propelled both fed cattle and feeders higher.
Fed Cattle Rally $4, Feeders $5 Higher

Fed cattle prices rallied $4 late-week, feeders significantly higher on the week.

Cattle on feed inventories were up 8% in December.
U.S. Cattle On Feed Up 8%

Cattle on feed in feedlots with more than 1,000 head capacity totaled 11.5 million head, 8% higher than last year.

Profit Tracker: Feedyard Margins Exceed $200 Per Head
Profit Tracker: Feedyard Margins Exceed $200 Per Head

A $3 rally in fed cattle prices pushed profit margins to more than $200 per head last week.

Cash fed cattle rallied $3 per cwt., while feeder cattle traded lower then higher.
Fed Cattle Rally, Feeders Down, Then Up

Cash fed cattle rallied $3 per cwt., while feeder cattle traded lower then higher.

Country of origin labeling could be coming back to Colorado.
Colorado Considers State-Specific COOL

Colorado’s State Legislature may soon consider a bill that would create a state-specific Country-of-Origin Labeling law.

<p>Feedlot cattle</p>
Profit Tracker: Stronger Packer, Feeder Margins

A weaker cash cattle market produced stronger profit margins for both packers and feedyards last week

Calves, Feeder Cattle Much Lower
Calves, Feeder Cattle Much Lower

With a large weekly auction volume, feeder cattle and calves traded significantly lower.

Snake Oil Mondays at Fridays
Snake Oil Mondays at Fridays

TGI Fridays sees fit to disparage your business in an attempt to bolster theirs.

In a light test at auction, December bred heifers posted $13 per head gains over November averages and finished 2017 about $55 per head lower than 2016.
Bred Heifer Markets Lone Bright Spot in December

In a light test at auction, December bred heifers posted $13 per head gains over November averages and finished 2017 about $55 per head lower than 2016.

<p>Feedlot cattle</p>
Profit Tracker: Margins Steady To Strong

Cattle feeders, pork producers and packers for both segments found solid profits during the first week of the New Year.

Fed Cattle Softer, Feeders Higher As New Year Begins
Fed Cattle Softer, Feeders Higher As New Year Begins

USDA’s first National Feeder & Stocker Cattle summary of 2018 reported steers and heifers mostly $2 to $8 per cwt. higher as “buyers were back in the seats ready to fill orders.”

Profit Tracker: Margins Exceed $150 Per Head
Profit Tracker: Margins Exceed $150 Per Head

Cattle feeding profits more than doubled last week, a bounce due to a $3 rally in cash fed cattle prices.

<p>A butcher unloads beef from a truck outside a butcher's shop in Sao Paulo, Brazil July 27, 2017.</p>
Brazil Says Beef Exports to U.S. May Resume

Brazilian officials expect to resume fresh beef exports to the United States in early 2018.

2018 Outlook: Beef Demand vs. Growing Cattle Supplies
2018 Outlook: Beef Demand vs. Growing Cattle Supplies

Beef supplies will continue to grow in 2018, but robust demand keeps all sectors modestly profitable.

Profit Tracker: Margins Slip $35 Per Head
Profit Tracker: Margins Slip $35 Per Head

Feedyard closeouts recorded solid, yet declining profits on cattle marketed last week, according to the Sterling Beef Profit Tracker.

Profit Tracker: Profits Near Triple Digits
Profit Tracker: Profits Near Triple Digits

A rally in cash fed cattle prices helped boost average feedyard profits to $99 per head.

Cash Fed Cattle Rally $3, Calves Mixed
Cash Fed Cattle Rally $3, Calves Mixed

In a standoff that lasted most of the week, packers raised the ante to $119 to $120 per cwt. late Friday and the cattle trade was completed.

Informed Consumers Won’t Pay More For ‘Natural’
Informed Consumers Won’t Pay More For ‘Natural’

Consumers unfamiliar with USDA natural labels are willing to pay $1.26 per pound more for those steaks labeled natural.

<p>Feedlot Cattle</p>
Profit Tracker: Feeding Margins Exceed $130 Per Head

last week's $2 per cwt. rally in fed cattle prices helped boost feedyard closeouts $41 per head to average profits of $131 per head.

USDA to Change U.S. Beef Grade Standards
USDA to Change U.S. Beef Grade Standards

U.S. beef grading standards will be updated to allow companies to use age documentation to verify cattle that are under 30 months of age.

Feeder cattle closes sharply higher and lean hog market sinks to two-month low.
Profit Tracker: Closeouts Improve $61 Per Head

Cash fed cattle prices declined 50 cents per cwt. last week, but average feedyard closeouts showed profits of nearly $90 per head.

October Calves, Feeders 3% to 5% Higher
October Calves, Feeders 3% to 5% Higher

Feeder cattle and calves continued their fall rally in October, gaining 3% to 5% at auctions. Prices at the beginning of November are nearly 9% higher for both calves and yearlings than the August averages.

Profit Tracker: Margins Decline $28 Per Head
Profit Tracker: Margins Decline $28 Per Head

Cash fed cattle prices declined more than $4 per cwt. last week, fueling a $28 per head decline in cattle feeding margins.

National Beef Announces Expansion
National Beef Announces Expansion

National Beef Packing Company announced it will begin a $30 million project to expand capacity of its Moultrie, Georgia, plant to produce consumer-ready beef products.

<p>feedlot steers Angus&nbsp;</p>
Profit Tracker: Margins Drop $111 Per Head

Cash fed cattle prices dipped just $1 per cwt., but cattle feeding profit margins declined $111 per head last week to $57.

Cattle Prices Soften Ahead of Thanksgiving
Cattle Prices Soften Ahead of Thanksgiving

Cash fed cattle trades $1 to $2 lower for the week, with feeder cattle steady to $5 higher.

Graders Can Override Camera Errors, USDA Says
Graders Can Override Camera Errors, USDA Says

USDA inspectors have the authority to override any inaccuracies they find in beef packing plants utilizing the new camera grading system.

Feeder cattle fall sharply and hog futures gain modestly.
Profit Tracker: Charging Higher

The two-week rally in fed cattle prices has added more than $150 per head to profit margins.