Livestock and Grain Markets, Prices & Futures
Use the chart below to check futures prices for commodities. Click the links for pricing on grains, livestock, and more and stay on top of what’s going on in the markets. Cash price reflects the USDA Chicago terminal.
Latest News from Markets
USDA’s January Cattle on Feed report said December placements were down 0.8% while marketings were up 1.1%.
A mountain of meat has ended the longest rally in U.S. cattle prices since at least the 1960s, when baby boomers and McDonald’s Corp. ushered in the American burger boom.
Beef exports gain momentum in most Asian markets, but decline continues in Japan.
An increasing amount of consumers want to know more about their food and are looking for local products. Beef producers have started to catch onto that trend and are seeing success in starting their own branded beef programs.
Safety protocols in place during processing and tips for ground meat safety in the home.
Most analysts and producers would say that feeder cattle and finished cattle have been somewhat undervalued the past several weeks which is likely the leading factor of prices making a small resurgence.
About 50% of the red meat we eat is in the form of hamburger.
Retailers are not heavily promoting beef at this time and will likely put more of their efforts into turkey and ham the next several weeks.
New research from K-State suggests consumers may prefer beef enhanced by important omega-3 fatty acids.
Cash cattle prices took a drubbing this week with fed cattle prices $4 to $5 lower at $144 to $145 per cwt. Dressed sales were reported $4 to $6 lower at $228 per cwt.