Markets
We often consider the saving or revenue opportunity from technology, but this data reveal where the unexpected opportunity lies in the middle, preventing unnecessary treatment or finding calves we didn’t know were ill.
The coronavirus is another “black swan” that is different in some fundamental ways from other such events in cattle markets, such as the packing plant fire last year or even the first BSE case in late 2003.
Cattle on feed data shows the largest number of cattle in feedlots during February since 2008, while placements were 99.4% of year ago, a little smaller than expected.
Cattle traded in the south early in the week at $1 higher prices, suggesting packers were hungry for inventory.
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.9 million head on February 1, 2020.
Over the past five years carcasses grading Choice represent 82% of slaughter, and carcass weights are also on a steady trend higher which is a cautionary sign for cattle feeders.
Growing more pounds of beef efficiently makes sense for everybody from ranch to consumer, according to a longtime South Dakota feedyard nutritionist.
If investors continue to find value in the live cattle market, producers may see a run in the board that could carry over into the live cattle trade.
USDA’s latest carcass weights data show steers 12 pounds heavier than last year and heifers 13 pounds heavier than last year, resuming a higher trend after moderating the past three years.
CattleFax sees positive cattle outlook for 2020; predicts focus on consumers a requirement for continued beef industry success.
Packers need cattlemen, cattlemen need packers. Cargill Protein VP Glen Dolezal discusses what consumers are demanding and how they’re working with their rancher suppliers.
Cargill is launching a new premium beef brand called Salt & Sear™ it says will allow consumers to purchase restaurant-quality beef to prepare at home.
Bruce Cobb has been named executive vice president of production for Certified Angus Beef LLC (CAB), and assumes his new duties on March 1, 2020.
Packers didn’t show much interest in pursuing additional inventory last week, and the result was a cash market that traded $1 lower.
USDA’s annual Cattle report revealed slightly lower cattle numbers, but the decline was not as large as some analysts expected.
You can’t look at a pen of feedyard cattle and know which ones have liver abscesses. Even technologies like ultrasound or blood tests don’t uncover it, but it costs the industry $60 million annually.
GrowSafe Systems Ltd. announced the inaugural release of The 2020 Top 150 Proven Bulls, which includes all bulls with a 0.6 accuracy rating for their RFI EPD.
Last Monday the cattle market felt the same negativity as all other markets with the uncertainty of what may happen to global trade due to the effects of the coronavirus.
As a new decade begins, the beef industry’s voice must become one if producers are to benefit from the many opportunities presented today while confronting numerous challenges.
Science may say beef production is carbon neutral, that animal welfare is the best it’s ever been, but for consumers in an era of skepticism, science is just another person’s opinion.
The market is sitting in a holding position in this mid $120’s range, and the movement is anticipated to remain flat for the short-term.
The latest monthly cattle on feed report showed the January 1 inventory in feedlots (over 1,000 head) at 11.958 million head, 102.3 percent of one year ago. This is the largest January on-feed total since 2008.
While the CME futures was under distress last week, hedgers were able to receive the best basis they have seen for several weeks and the result was a steady cash market.
Performance Livestock Analytics (PLA) and Top Dollar Angus are partnering to help seedstock and commercial cattlemen simplify data entry and capture more value from their management decisions.
A series of workshops for feedyard managers and employees will be held in Kansas and Nebraska next month that will provide practical tips and strategies for successful feedyard operation.
Widespread wildfires mean Australian cattle and beef production will be reduced for the foreseeable future and rebuilding, whenever it can begin, will take several years.
Surplus packer inventories and halted Saturday kills due to dwindling processing margins has stalled out the cash cattle market for now.
When diners come into Prime Cincinnati steakhouse and expect to spend “a couple hundred dollars” for a meal, it’s a responsibility executive chef Shawn Heine doesn’t take lightly.
Hereford breeders have made significant genetic progress during the last decade — posting a 17% reduction in birth weights, a 20% increase in growth traits and an impressive 150% gain in marbling since 2008.
Beef exports were down 9.0 percent in October compared to last year, contributing to a 4.2 percent year over year decrease in beef exports for the first ten months of 2019.