Markets
“When ranchers and cattle feeders read the day’s news and reports, there needs to be a positive dialogue. We ought not squander the opportunity.”
Wes Shoemyer, a Missouri farmer and speaker at last week’s “Rally to Stop The Stealin’” in Omaha, responds to critics of the #FairCattleMarkets movement.
From a seller’s perspective, the fed-cattle trade continues to improve, with last week’s numbers making it the third straight week of higher prices since September 9th.
It is disconcerting to watch as a few become disruptive at a time when the beef industry is realizing very positive progress in moving to satisfy the most important aspect of any business – the customer.
While many cattlemen were surprised and frustrated with market reactions after the fire, Derrell Peel says the type and duration of price behavior are exactly what is predicted by market economics.
The upward trend in cash cattle could continue through the holiday rib demand, with Choice product being in short supply.
Our view or definition of traceability and the process involved shapes our perspective of the premium and implementation cost.
Both cash fed cattle and feeder cattle posted gains for the week ending Sept. 27, while wholesale beef prices saw significant declines.
With seven weeks passed since the fire at Tyson’s Finney County, Kan. plant, the impacts and resulting ripple effects are clearer now and are fading as expected.
Tom Jones and his Hy-Plains Feedyard team keep feeding, learning and showing the way to better.
The September Cattle on Feed report highlights some regional differences in the current feedlot situation among the four largest feeding states.
The August fire at Tyson’s Finney County, Kan., beef facility too 6% of slaughter capacity offline and forced packers to scramble to pick up the slack at other harvest locations.
All cattle feeding areas were able to take advantage of the packer’s need for cattle last week and cash prices moved higher.
U.S. cattle on feed Sept. 1, 2019, were estimated at 11.0 million head, down 1% from a year ago, USDA reports.
Beef production will increase this year, and that remains a key driver for the price of fed cattle.
Stocker and feeder cattle prices were $2 to $7 higher at auction across the nation. Abundant forage conditions has left ranchers in no hurry to sell cattle.
Citing growing frustration with low cattle prices while beef packers reap large profits, a grassroots campaign was launched this week seeking the support of President Donald Trump.
Cattle markets continued under pressure in the first full week of trading following the Labor Day holiday.
A fire Friday afternoon at Cargill’s Doge City, Kan., facility was quickly extinguished and damage to the plant was minimal and no impact on operations is expected.
The rapid growth in Chinese beef imports has dramatically altered global beef flows with several countries now exporting a significant share of total exports to China.
The $1 threshold seemed to be a sticking point for cattle feeders last week, and many held firm on Friday which could prove to give cash prices a needed boost.
Omaha-based Green Plains Inc, announced it has completed the sale of 50% of Green Plains Cattle Company LLC for $77 million.
“Economic and political order has become disorder,” Dan Basse, president of AgResource told attendees at the recent Feeding Quality Forum during his keynote address.
The new frontier in nutrition research is the rumen microbe population, and new management practices have been shown to improve rumen health.
The cattle industry needs to make some bold, creative changes to ensure its viability, according to speakers at the Feeding Quality Forum held in Amarillo, Texas.
Cash fed cattle continued a downward spiral driven by losses in CME Live cattle futures. Tyson announced its Kansas beef plant won’t be fully operational until January.
The lack of aggressive trade was noticed mostly in the south where cash trade could not get any higher than $1.00 last week.
Cash fed cattle traded at lower prices ahead of the Labor Day weekend, while steer and heifer calves sold steady to higher at auctions.
When loading and unloading cattle, the choice of “movement assistance device” may affect the loading outcome as well as the end product.
If anything good comes from the Tyson fire, maybe it will be that everyone will realize the burden of our over-committed fed cattle supply.