Latest News From Markets

Why Drought Could Be a Catalyst for Crop, Cattle Prices in 2021

U.S. farmers are facing a changing scenario this year. From wet conditions impeding planting in 2020, to now drought concerns creeping in, one analyst thinks weather could be a major market mover in 2021.

1 day ago
Cash cattle improve
Hulett: Cash Cattle Gaining Ground

On-feed numbers indicate that packers could be running low on committed cattle, which should force some packers back into the cash market in the coming weeks.

1 day ago
Nebraska Feedlot @TLauritsen
Fed Cattle Steady As Futures Hit 11-Month High

Cattle feeders were left on the sidelines as every other cattle/beef market segment saw a price rally. Futures markets set new highs, but cash cattle have not reached $112 for seven months.

4 days ago
CAB Insider: Carcass Value Shifts, a Sign of the Times

Jan. fed cattle prices are normally choppy and we’re seeing that pattern in 2021. A primary difference, compared to 2020, is that last week’s average price is $14/cwt. lower, the same discount as the 5-year average.

6 days ago
Will China Meat Consumption Rebound in 2021?

Driven by higher estimates for pork, the China total meat import forecasts were revised up for both 2020 and 2021, according to the USDA Livestock and Poultry World Markets and Trade report.

2 weeks ago
Resilience Reigned in 2020: How Livestock Producers Navigated the Pandemic

The onset of the COVID-19 hit the livestock industry especially hard. A sudden loss of demand caused prices to plummet. But thanks to the ability to pivot quickly, livestock producers showed resilience in 2020.

3 weeks ago
Cattle traded higher last week
Hulett: More Cash Rings in the New Year

Cattle feeders found higher prices as 2020 came to a close, but their ability to push the market higher may hinge on how Live Cattle futures perform in the first weeks of the New Year.

3 weeks ago
Baldie steers
Cash Fed Cattle Gain Momentum At Year’s End

Cattle feeders gained enough leverage to push negotiated cash cattle prices higher during both holiday weeks as 2020 drew to a close. Supplies of fed cattle will tick lower during the first quarter of 2021.

3 weeks ago