Markets
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.
The Norm Timmerman family received the 2019 Feedyard Commitment to Excellence Award from the Certified Angus Beef ® (CAB®) brand.
Key to the feeder cattle and calf price outlook is the feeder cattle supply (estimated from cattle inventory), forage conditions, feeding margins and feedlot demand and thus, fed cattle prices.
Holding our ground and protecting our export position is vital in the two years ahead as our fed cattle supplies grow to the cycle peak and competing U.S. protein supplies become record large.
USDA’s monthly cattle on feed report, released at 11:00 a.m. CST May 25, fell mostly in line with trade expectations.
Cattle supplies are on the rise with more cattle being placed in feedlots leading to some discrepancies in the futures and cash market.
The Cattle on Feed report has been on a continual increasing trend since December 2016 and the current April inventory is the highest for the month in 12 years.
JBS USA has recalled approximately 35,464 lb. of raw ground beef following the finding of hard plastic in contaminated beef.
Farm state legislators have asked for a review of whether the acquisition of National Beef by a Brazilian company threatens the U.S. food supply.
A feedlot in southeastern Washington has settled a fine imposed by the state after allegedly failing to manage air pollution.
The Government Accountability Office (GAO) says supply and demand factors led to the dramatic cattle price decline from 2013 to 2016.
The addition of the two Cattle Empire yards boosts Friona Industries to the nation’s second-largest cattle feeding entity.
USDA’s July 2018 cattle on feed estimate was the largest July 1 inventory since the series began in 1996.
The summer heat helps move meat, especially beef for grilling.
Currently in the yards, it feels that packers are still playing the need for inventory, week to week.
A Texas feedlot had nearly 100 cattle stolen and sold by an employee at the yard in a theft scheme that spanned nearly 4 years.
The June Cattle on Feed reached its highest recorded inventory since the series started in 1996 and continues 18 months of increasing inventories.
Tyson Foods Inc., has named Noel White its new president and CEO, effective Sept. 30.
One death and 17 illnesses have resulted from an E. coli contamination that has forced Cargill to recall more than 130,000 lb. of ground beef.
Starting out the month of May, we dove headlong into the seasonal market with a widening Choice/Select price spread.
E. coli is responsible for forcing a recall on ground chuck sold in Florida at Publix Super Markets after 18 people became sick.
Marfrig Global Foods announced a restructuring of its North and South American beef businesses and named Eduardo Miron as CEO.