Latest News From Markets

Veggie burgers are cooked over a flame on a grill in Greenwich, Connecticut, U.S., on June 26, 2017.
Grilling Season Gives Beef a Retail Boost

The summer heat helps move meat, especially beef for grilling.

Fed cattle continue to trade higher as feedlot placements increase.
Feedyard Margins Improve $100 Per Head

Last week's fed cattle rally improved cattle feeding margins $100 per head.

Market Highlights: High Feedlot Placements Means Demand for Feeders
Market Highlights: High Feedlot Placements Means Demand for Feeders

There is a strong likelihood that feeder cattle prices will remain strong through the summer marketing period as is seasonally expected.

Drought-stressed corn silage will contain lower levels of grain than normal corn silage.
Drought-stressed Corn: A Feed Opportunity

Drought-stressed corn silage will contain lower levels of grain than normal corn silage.

President Obama is expected to sign the agreement on Feb. 4.
The Importance of Exports

Much of the uncertainty surrounding the issue of trade has created a level of anxiety within several U.S. industries.

June Cattle on Feed Sets New Record
June Cattle on Feed Sets New Record

USDA’s June 22 Cattle on Feed report put cattle and calves on feed for the slaughter market for June 1 at 11.6 million head, down 5,000 head from May, but up 457,000 head, or 4 percent, over prior-year levels.

Cattle and Beef Markets Are Not Independent From Global Markets

Despite increased beef production in 2018, up nearly 4% so far this year, beef demand has been quite strong and has limited beef and cattle price pressure in the first half of the year.

Despite increased beef production in 2018, up nearly 4% so far this year, beef demand has been quite strong and has limited beef and cattle price pressure in the first half of the year.
Cattle and Beef Markets Are Not Independent From Global Markets

Despite increased beef production in 2018, up nearly 4% so far this year, beef demand has been quite strong and has limited beef and cattle price pressure in the first half of the year.

<p>Feedlot cattle in western Kansas.</p>
Feedyard Losses Near Triple digits

A $2 per cwt decline in cash cattle prices pushed feedyard losses to near $100 per head.

Re-implanting strategies are an important management tool for improving efficiency of cattle fed up to 200 days.
Implant Strategies for Calf-Fed Steers: Is Bigger Always Better?

Re-implanting strategies are an important management tool for improving efficiency of cattle fed up to 200 days.

 If high beef demand, and steady to high margins continue throughout the summer, the packer will have incentive to continue large kills every week.
Cash Market Turning The Corner

If high beef demand, and steady to high margins continue throughout the summer, the packer will have incentive to continue large kills every week.

Market Highlights: Dog Days of Summer Coming for Beef Prices
Market Highlights: Dog Days of Summer Coming for Beef Prices

Looking deeper into the summer months, the dog days of summer will hamper cutout prices as will a strong beef supply.

Why does basis matter, and what does it mean for me? Please continue reading.
Live Cattle and Feeder Cattle Basis

Why does basis matter, and what does it mean for me? Please continue reading.

CAB Insider: Forward Beef Sales Volume Sizzles
CAB Insider: Forward Beef Sales Volume Sizzles

Looking at the same 8-week period in sales, we can see that packers have done a good job of moving product through forward sales of boxed beef with delivery dates of 21 to 90 days out.

Fed cattle continue to trade higher as feedlot placements increase.
Feeding Margins Remain In The Red

Feedyard closeouts continue flowing red ink while packer margins hover around $300 per head.

In The Cattle Markets: Corn and Feeder Cattle Prices
In The Cattle Markets: Corn and Feeder Cattle Prices

Corn prices have been on a sharp downtrend since late May due primarily to a combination of trade uncertainty and a strong start to the growing season.

Cattle on Feed Hints at Beef Production in Late 2018
Cattle on Feed Hints at Beef Production in Late 2018

The June 1 cattle on feed report showed a feedlot inventory of 11.553 million head of cattle in feedlots of more than 1,000 head capacity.

<p>Beef producers need to think globally.</p>
Future of Beef Revisited: Global Competitiveness

Beef producers need to think globally.

Market Highlights: Legion of Cattle on Feed
Market Highlights: Legion of Cattle on Feed

There remains a legion of cattle on feed that will be coming to market in the next few months which will keep fed cattle prices in check.

18 Months of Continual Cattle on Feed Increases

The June Cattle on Feed reached its highest recorded inventory since the series started in 1996 and continues 18 months of increasing inventories.

Consumers have more opportunities to express their opinion about the food they buy and eat.
Future of Beef Revisited: Consumer Issues and Demand

Consumers have more opportunities to express their opinion about the food they buy and eat.

The June Cattle on Feed reached its highest recorded inventory since the series started in 1996 and continues 18 months of increasing inventories.
18 Months of Continual Cattle on Feed Increases

The June Cattle on Feed reached its highest recorded inventory since the series started in 1996 and continues 18 months of increasing inventories.

Mixed Signals—What’s With This Cattle Market?

Additional cattle are continuing to come to feedyards, but fortunately there’s been several market factors at play to help offset beef supplies, at least for now, said Craig VanDyke, Top Third Ag Marketing.

Employee Admits to Stealing More Than $62,000 in Cattle Sales

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.

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.
Employee Admits to Stealing More Than $62,000 in Cattle Sales

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.

Fresh beef in the meat case at a Safeway grocery store in Colorado.
Beef Supply and Demand Challenges Continue

As expected, supply pressures continue to build in beef markets.

<p>These fed cattle primarily of Hereford-influence are nearing a slaughter weight.</p>
Packer Margins Ease Lower

Cattle feeding margins slipped into the red last week with a $4 per cwt. decline in cash prices.

Cattle market prices are up from a year ago as China has lifted its ban on U.S. beef.
Market Highlights: Castrate Calves to Earn More Than $10/cwt

Researchers from the University of Tennessee have found that castrating bull calves can generate an additional $57 per head for a 550 pound animal.

U.S. Beef Exports Remain Strong
U.S. Beef Exports Remain Strong

Foreign markets for beef industry products continue to grow, especially in Asia.

In The Cattle Markets: Fed Heifer Marketings Surge Over Last 6 Weeks
In The Cattle Markets: Fed Heifer Marketings Surge Over Last 6 Weeks

Fed heifer slaughter is up about 17 percent over the last six weeks, using the daily slaughter data and estimating the first two weeks of June. 

CAB Insider: Beef Production Heats Up
CAB Insider: Beef Production Heats Up

Beef production is heating up in a big way as the long-awaited fed cattle numbers have shaken loose.

<p>Cattle at Cactus Feeders in Cactus, Texas during March 2018.</p>
Packer Windfall Continues

The $4-plus rally in cash fed cattle prices pulled feedyards out of the red, and packer margins remain at historic levels.

Feeders Gain Traction with Needed Cattle Inventory

Currently in the yards, it feels that packers are still playing the need for inventory, week to week.

Currently in the yards, it feels that packers are still playing the need for inventory, week to week.
Feeders Gain Traction with Needed Cattle Inventory

Currently in the yards, it feels that packers are still playing the need for inventory, week to week.

FSIS finds "systemic" inspection and sanitation problems during Canadian audit.
Market Highlights: Packers Using Leverage on Cattle Feeders

Packers have leverage on cattle feeders due to several market ready cattle being available, but cattle feeders being current with marketing and stronger live futures provide them short term wiggle room.

<p>A pen rider looks through a pen of cattle at Cactus Feeders.&nbsp;</p>
Packer, Feeder Margin Projections Updated

Projected annual profit margins for beef packers and cattle feeders have been updated by Sterling Marketing, Inc.

Young Cattlemen's College participants talking with staff members at Safeway in Littleton, Colorado about getting beef to consumers.
YCC on The Road: Pasture to Plate

Take a "pasture to plate" tour of the beef industry in Colorado with the 2018 Young Cattlemen’s Conference.

Extreme Packer Profits Climbing
Extreme Packer Profits Climbing

Beef packers are enjoying historic profit levels with robust consumer demand and strong beef cutout values.

As temperatures heat up in June, packer inventory will determine if they are in or out of the market.
Does the Leverage Stay with the Packer?

Last week’s cattle trade was once again a disappointment to cattle feeders.

All live and feeder cattle contracts post new highs, while lean hogs rally on higher cash markets.
Market Highlights: Cattle Prices on the Decline

In three weeks, live cattle prices declined $14 to $15 per hundredweight which goes without mentioning that prices this week are $26 per hundredweight lower than the same week one year ago.

CAB Insider: Quality Premiums Soar

Starting out the month of May, we dove headlong into the seasonal market with a widening Choice/Select price spread.

Starting out the month of May, we dove headlong into the seasonal market with a widening Choice/Select price spread.
CAB Insider: Quality Premiums Soar

Starting out the month of May, we dove headlong into the seasonal market with a widening Choice/Select price spread.

A short kill week last week might lead to opportunities this week.
Short Week Limited Need for Numbers

Trade was spotty at best last week due to lack of total numbers needed by packers for the shorter holiday week.

Feeder Cattle Extend Gains After USDA Shows Drop in Placements
Feeder Cattle Extend Gains After USDA Shows Drop in Placements

U.S. cattle futures rose on Friday, shrugging off earlier declines on technical buying and support from government data showing fewer cattle placed in feedlots during April, traders and analysts said.

Market Highlights: Elevated Cattle on Feed, Feedlot Placements Slow
Market Highlights: Elevated Cattle on Feed, Feedlot Placements Slow

The number of cattle on feed remains elevated compared to last year, but the number of cattle placed in feedlots during April has slowed tremendously.

Cattle on Feed: No Fireworks

USDA’s monthly cattle on feed report, released at 11:00 a.m. CST May 25, fell mostly in line with trade expectations.

USDA’s monthly cattle on feed report, released at 11:00 a.m. CST May 25, fell mostly in line with trade expectations.
Cattle on Feed: No Fireworks

USDA’s monthly cattle on feed report, released at 11:00 a.m. CST May 25, fell mostly in line with trade expectations.

Beef production is on the upward climb, as more cattle supplies start to fill up feedyards.
Cattle Slaughter Hits 5-Year High Ahead of Memorial Day Grilling

A record amount of beef is on the way to consumers ahead of the start of summer grilling season.

U.S. Beef Packer Margins Soar as Cattle Prices Fall
U.S. Beef Packer Margins Soar as Cattle Prices Fall

U.S. beef packers including Tyson Foods and Cargill are racking up historically high margins, thanks to slumping cattle prices amid a supply glut and as Americans turn to beef for their backyard summer barbecues.

Grilling burgers hamburger beef patty
In The Cattle Markets: Entering the Summer Doldrums

Memorial Day is soon to pass and the impact of the holiday on cattle and beef markets, if not already, is soon to be complete.