Markets
CattleFax analyst Duane Lenz told the 2019 Angus Convention attendees there could be another year or two of price pressure, but then, he’s optimistic, bullish even, for future beef prices.
Cash fed cattle trade was active on Wednesday, surging $2 to $4 higher the day before Thanksgiving, with demand strong in all major cattle feeding regions.
The cash cattle market continues to be the best broken-record producers ever heard of late as three of the four major packer participated in the live trade last week.
USDA’s cattle on feed report counted 11.83 million head on feed, which is 101.2% of last year and up 4.8% from October as feedlot inventories increase to a seasonal peak.
Cash cattle traded higher again and all four major packers participated in last week’s trade, including Tyson for the Finney County, Kan., plant.
AMS will host a stakeholder meeting in Kansas City, December 12, to review a study on Livestock Mandatory Reporting (LMR) negotiated slaughter cattle market reporting.
Packer market participation wasn’t as robust as it had been in earlier weeks, and packers have slowly added to their inventory ahead of the holidays.
Cattle feeders will honor their own Feb. 4, 2020, in San Antonio, during their 11th annual banquet, held for the second year in conjunction with the nation’s largest annual cattle industry gathering.
Using implants correctly says Robbi Pritchard, longtime South Dakota State University ruminant nutritionist, “you can have all of the performance and all of the final product value you want.”
Cash fed cattle prices traded higher in all regions for the third consecutive week, marking a 16% gain since the lows were set in September.
Tyson Fresh Meats said early Monday the construction and repairs to its Finney County beef complex are nearing completion.
Jeffries Financial Group announced it has entered into a definitive agreement to sell its remaining 31% interest in National Beef to Marfrig Global Foods SA.
Strong wholesale beef prices keep packer margins solidly profitable and encourage packers to be aggressive participants.
When the topic of sustainability comes up cattle circles, it’s common to see heads shaking. It’s not a topic we like to discuss – primarily because it’s so often raised with bad intentions and worse information.
Crowd Cow, the online meat company, is partnering with Midan Marketing to study consumers’ behaviors when purchasing meat.
Beef cow slaughter in 2019 will be the highest relative to the overall cow herd since 2013, and suggests tighter supplies in 2020 and higher overall prices.
Packers were still hunting front end cattle late last Friday, knowing that feeders would have their sights set on a higher December board for the trade this week.
Last month your industry launched a program to help counter the environmental and animal welfare concerns by highlighting how cattle are raised under BQA guidelines.
Imagine how valuable a technology could be in your animal health program that provides a daily list of calves not visiting the feed bunk or water tank in the last 24 hours.
A new campaign kicked off in October that brings the BQA program to life by highlighting how farmers and ranchers across the country raise cattle under BQA guidelines.
Cash cattle markets pushed higher as November began, supported by an ongoing rally in CME live cattle and packer demand for supplies headed into the holiday season.
Boxed beef prices increased about ten percent over the month of October into early November, a significantly higher increase than the normal seasonal bump.
Proposed legislation claims the lack of a federal definition of beef or beef products has created “opportunity for marketplace confusion and consumer fraud,” say the bill’s authors.
America’s four largest beef packers face another lawsuit claiming antitrust violations since 2015, this one filed by a California distributor seeking treble damages.
Cash fed cattle sold $1 to $2 higher, but yearling feeder cattle sold uneven at auction with steer and heifer calves trading $1 to $4 lower.
Friday’s USDA cattle on feed report pegged heifer numbers at 39.1 of feedlot inventories, the highest percentage in more than 18 years, and year-to-date heifer slaughter is up more than 7%.
Beef packers continued to show signs that they still need cattle to meet the demand of their customers and paid higher prices last week.
Research supports fat as part of a healthy diet and consumers are demanding high-quality beef, and the beef industry has seen a rebound of grade because of increased emphasis on genetics, says Dale Woerner, Texas Tech.
The Beef Industry Long Range Plan is updated every five years to identify key areas to advance beef demand and help the industry focus on one strategic direction.
Cash cattle markets backed up last week from a steady upward movement due to a boiler explosion, and the three days of unexpected downtime at Cargill’s Dodge City plant.