Latest News From Greg Henderson

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House Ag Committee Votes To Repeal COOL

The first steps to repealing America’s country of origin labeling (COOL) laws were taken Wednesday as the House Agriculture Committee voted 38-6 in favor of a bill that would eliminate labeling requirements for beef, pork and chicken.

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Profit Tracker: Packers Drive The Bus

Dramatically improving margins helped beef packers take command last week while cattle feeders saw closeouts fall further in the red.

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WTO's Final Answer: No COOL

The U.S. has lost its final appeal with the World Trade Organization (WTO) over country of origin labeling (COOL) laws for meat products. Monday’s ruling, the fourth with the same decision from the WTO, opens the gate for Canada and Mexico to initiate trade sanctions against the U.S.

Cattle Markets Steady to Higher as Grilling Season Approaches

Cattle markets held steady to stronger as the seasonal bump in demand from Memorial Day, Father’s Day and 4th of July lies ahead.

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Profit Tracker: Feeding Margins Put On Lipstick

Cattle feeders added a little powder and lipstick to closeouts this week, but the ugly continues to shine through.

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Profit Tracker: Feedyard Woes Continue

Cattle feeding margins were unchanged from the previous week, which means the train wreck continues. Despite modest gains in the cash market, cattle feeders lost an average of $206 per head, just $1 better than the previous week.

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Profit Tracker: Feedyard Losses Exceed $200 Per Head

Cattle feeding margins took another tumble last week after a $1 per cwt. decline in fed cattle prices.

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Cattle Markets Sharply Lower

Cattle market fundamentals may remain favorable, but April’s expected rally has fizzled. Both feeder and fed cattle traded significantly lower this week, with cash fed cattle prices now $9 lower than just three weeks ago.

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Healthy Calves, Healthy Profits

Buyers seek calves that are weaned and processed, and they avoid cattle deemed “high risk”

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Nursing Calf BRD

Veterinarians seek ways to reduce the incidence of the disease claiming 16% of calves on the ranch

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Quality For Profit

Real-world data helps confirm how cattlemen can earn top grid premiums

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April Cattle On Feed Mildly Surprises

Cattle traders were mildly surprised by USDA’s April cattle on feed report as both placements and the total on feed numbers came in higher than expected.

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Profit Tracker: Feeder Margins Tumble Again

Cattle feeding margins took another turn south last week after a nearly $4 per cwt. decline in fed cattle prices.

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Profit Tracker: Feeder Margins Tumble, Packer Margins Improve

Beef cutout prices trended about $2.80 per cwt. higher to $256.37, and packer margins improved more than $26 per head, resulting in losses of $15 on every animal processed.

Cattle Rally Stalls Despite Tight Supplies

The spring cattle rally stalled this week as cowboys and packers search for signs supporting ideas the market will conform to seasonal trends.

Profit Tracker: Feeder, Packer Margins Improve

The pain eased somewhat for cattle feeders last week, but losses remain more than $97 per head.

Profit Tracker: Margins Improve, Remain Negative

The financial pain of feeding cattle eased again last week, but losses remain more than $125 per head.

Cattle Market Rally Finding Its Legs

The spring cattle market rally was beginning to bloom this week, with yearling feeder cattle trading firm to $5 higher and instances of $6 to $8 higher.

Profit Tracker: Feeder, Packer Margins Ugly

The pain eased somewhat for cattle feeders last week, but losses remain more than $170 per head.

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Closing the Gate: Dietary Guidelines: Against The Science

Last month, the Dietary Guidelines Advisory Committee (DGAC) issued its every-five-year attempt at encouraging Americans to eat a healthful diet. While it’s logical healthy people make for a healthy country, how best to encourage people to eat healthier remains controversial and politically-charged.

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Cow Herd Expansion Becomes Reality

Cattle markets to remain “solidly profitable” in the near-term

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Functional Cows, Premium Calves

Marketing grids help ranchers find value for their calves

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Cattle Higher On Late-Week Trades

Feedyards and packers remained in near standoff positions until late Friday when cattle traded at higher money.

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March Cattle On Feed Down 1%

Placements of cattle during February totaled 1.52 million head, 8% lower than last year.

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Profit Tracker: Feedyard Losses Exceed $200

It was another ugly week for cattle feeders.

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Cattle Markets Steady To Higher

Cash fed cattle traded steady while yearling feeder cattle posted sharp gains for the week.

Profit Tracker: Packers In The Black, Feedyard Margins Ugly

Beef packers put away the red ink last week as they turned modest profits on every animal processed. Feedyard margins, however, slipped a little further away from positive.

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Cattle Markets Roar Into March

Cattle markets roared into March with a rally many believe was long overdue.

Profit Tracker: Feedyard Losses Exceed $150 Per Head

Cash cattle prices dipped nearly 50 cents per cwt.

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Late Week Rally Bolsters Cattle Market

Cattle traders hope this week’s activity signals an end to the beating the market has suffered through most of the first two months of this year.

Profit Tracker: Feedyard Losses Exceed $100 Per Head

Whether you’re cattle feeder or packer, ledger sheets are full of red ink.

Profit Tracker: Feedyard Margins Plunge Lower

Cattle feeding margins declined $45 per head last week, leaving average per head losses at more than $77.

Profit Tracker: Feedyard Margins Improve, Remain Red

Cattle feeding margins improved nearly $25 per head last week, but average per head losses remain more than $32.

White Genes for Angus Beef

A scientist is hoping to turn Black Angus cattle white.

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Closing The Gate: Logic Eludes Checkoff Deniers

Despite overwhelming support, 71% according to the latest survey, a vocal minority of producers continue to seek an end to your beef checkoff.

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Top Grid Premiums

A benchmark study identifies how to create the highest-value animals for the beef industry

Profit Tracker: Feedyard Losses Exceed $50 Per Head

Cattle feeding margins declined nearly $53 per head last week, leaving average losses at $56 per head.

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Cattle Inventory: Expansion More Aggressive Than Expected

Traders and analysts were surprised by USDA’s 2015 Cattle Inventory Report, which suggests increases are coming to the beef supply chain sooner than expected.

2015 Cattle Inventory Increases 1 Percent

For the first time in nine years, America’s cattle herd is increasing.

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Profit Tracker: Red Ink Flowing In Feedyards

Cattle feeding margins have declined $118 per head over the last two weeks, according to the Sterling Beef Profit Tracker.

Cattle on Feed: A Reason To Stop The Slide?

Compared to pre-release estimates, USDA’s monthly cattle on feed report carried a neutral to bullish tone.

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Profit Tracker: Margins Back In The Red

Losses averaged $3 per head last week after profits exceeded $50 per head the week before, according to the Sterling Beef Profit Tracker.

Profit Tracker: Feeding Margins Begin New Year Lower

Cattle feeders began the New Year with black ink on their closeouts, but profits were minimal

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Ranchers Revel In Remarkable Profits

Cow herd expansion takes shape as producers look to cash in on robust consumer demand

Closing the Gate: Consumption Down, Demand Up
Closing the Gate: Consumption Down, Demand Up

As cattle prices surged this past year, profitability reached into every corner of our industry. Record-high prices were established every quarter, possibly a once-in-a-lifetime event.

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Slow and Steady Expansion is Underway

Herds increased in 2014, but beef production will fall again

Profit Tracker: Margins Back In The Black

After two weeks of losses, cattle feeding margins are back in the black.

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2015 Outlook: 'Exceptional' Year Ahead for Cattle Market

As good as the cattle markets have been in 2014, next year should be even better. Even among economists, wary as they are about predicting a market rally, few hesitate to predict 2015 to be another banner year.

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Closing the Gate: Building Demand With A Knife

Beef economists have been perplexed all year by robust beef demand in the face of ever higher retail beef prices.

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Angus Elects Five New Board Members

First convention and trade show sparks interest in Kansas City