Markets
USDA’s cattle on feed survey data can have inherent problems, but additionally, we don’t really know the feeding performance of cattle in feedlots in the major feeding regions.
This week should show us how willing the packers are to pull May contracts.
April placements of cattle on feed totaled 9% more than a year ago, with marketings 7% higher.
Cattle markets finding strong fundamental reasons to remain positive despite the threat of disruption from trade negotiations.
Sometimes, the slightest of differences between groups of feeder cattle can significantly affect their value when sold as fats. Understanding these subtle nuances can help you more effectively market your future calf crops.
Livestock farmers are facing a combination of headwinds and tailwinds—as well as a lot of unknowns.
Bill Bullard joins AgriTalk to discuss R-CALF USA’s lawsuit, alleging that beef packers Tyson, Cargill, JBS and National Beef, had engaged in collusion to unlawfully depress prices paid to U.S. cattle producers.
Rabo AgriFinance says the live cattle and feeder cattle markets are out of balance right now; a sign that lower feeder cattle prices could be on the horizon.
Grilling season is here and Memorial Day marks one of the biggest meat consumption weekends of the year. Chicken has been the champion protein in recent weeks, with restaurants driving much of the demand.
China made its second-largest purchase of U.S. pork this week. Rabobank says China will need to continue to source protein from the U.S., as the list of countries able to export is short.
Beans were down for the week, off new highs but closing lower than a week ago which gave us some technical signals. That’s important says Jerry Gulke, president of the Gulke Group, here’s why.
While corn, soybeans and wheat have seen some slight rallies in the last few years, prices have stayed relatively low. Record- or near record-breaking crops year after year hasn’t been much help to the price picture.
Block Trades Come to Agriculture, Sparking Transparency Concern
Bill Bullard joins AgriTalk to discuss R-CALF USA’s lawsuit, alleging that beef packers Tyson, Cargill, JBS and National Beef, had engaged in collusion to unlawfully depress prices paid to U.S. cattle producers.
Sometimes, the slightest of differences between groups of feeder cattle can significantly affect their value when sold as fats. Understanding these subtle nuances can help you more effectively market your future calf crops.
Though it’s possible some Texas producers could ship hay north, it might not happen for a number of reasons.
Drought in Oklahoma and Texas is forcing more cattle on feed, and that will impact inventory numbers in January.
The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) has filed another recall because of E. coli for more than 53,000 lb. of ground beef just one day after a separate recall for nearly 57 tons.
The University of Idaho will build a new meat science and innovation center on its Moscow campus.
Last week’s early winter storm exposed cattle to cold, wet conditions, but also brought much-needed moisture to the nation’s wheat belt reviving prospects for winter grazing.
Both CME cattle futures and cash prices were lower for the second consecutive week. USDA’s cattle on feed report found a record October 1 inventory as September placements were called 6% higher.
Cash cattle and futures traded lower for cattle most of the week, while grain markets experienced a harvest rally.
Wide regional variations in prices for fed cattle were found this week and the cash trade was slow to develop. The season’s first winter storm affected the sales and movement of both fed and feeder cattle.
Beef packers could be moving into a period with smaller inventories, which may prompt them to push prices higher. CME futures prices will again have an impact on the cash trade.
Cattle feeders found softer prices and weaker packer demand as last week progressed, driven in part by declines in CME futures prices.
Despite declines in both cash and futures prices, cattle feeders continue to believe cattle markets show signs of optimism.
Producers who had the patience to hold out until Friday trade were rewarded with higher money, and packers remain hungry for cattle.
There are many dynamics in cattle slaughter markets in the fourth quarter that will determine total slaughter for the year, but an early analysis suggests a 2.5% decline.
Cull cows represent about 20% of the gross income in commercial cow calf operations, so understanding the major factors impacting cull cow prices is important to your bottom line.
The early trade released any pressure on packers to acquire available inventory and made it easier for them to achieve their buy. The majority of the cash trade in the South was from two packers.