Latest News From Markets

The Government Accountability Office (GAO) says supply and demand factors led to the dramatic cattle price decline from 2013 to 2016.
GAO Issues Report on Cattle Market Decline

The Government Accountability Office (GAO) says supply and demand factors led to the dramatic cattle price decline from 2013 to 2016.

All live and feeder cattle contracts post new highs, while lean hogs rally on higher cash markets.
In The Cattle Markets: A Need for Some Spring Optimism

Cattle markets moved down sharply but possibly have turned a short-term corner higher.

<p>These fed cattle primarily of Hereford-influence are nearing a slaughter weight.</p>
Profit Tracker: Feeding Margins Fall To The Red

Remaining cattle feeding profits were erased last week with a $4 decline in the cash market.

Feedlot Settles Air Pollution Case with Washington State

A feedlot in southeastern Washington has settled a fine imposed by the state after allegedly failing to manage air pollution.

A feedlot in southeastern Washington has settled a fine imposed by the state after allegedly failing to manage air pollution.
Feedlot Settles Air Pollution Case with Washington State

A feedlot in southeastern Washington has settled a fine imposed by the state after allegedly failing to manage air pollution.

Market Highlights: Beef Exports on the Rise
Market Highlights: Beef Exports on the Rise

Beef exports in February totaled 74,554 metric tons which is 9.5 percent higher than February 2017.

A midweek rally helped to keep cash prices in the north slightly firmer than those in the south.
Where Are We On The Roller Coaster Ride?

A midweek rally helped to keep cash prices in the north slightly firmer than those in the south.

Feeder steers standing in a feedlot pen.
In The Cattle Markets: Crop Planting Report and Feeder Price Decline

The prospective plantings report was bearish for corn, which was good news for feedlot demand.

Profit Tracker: Feeding Margins Erode
Profit Tracker: Feeding Margins Erode

Cattle feeding profits declined $50 per head last week while packer margins improved to more than $170.

Certified Angus Beef product on display at a grocery store.
CAB Insider: Beef Industry, Consumers Make Peace with Fat

The beef community has embraced the idea that marbling promotes tenderness, juiciness and flavor as perceived by beef consumers.

Cash fed cattle prices are moving opposite to typical seasonal trends.
Cattle Markets Under Spring Pressure

In a light trade of fed cattle in Kansas on Tuesday, cash prices were reported at $118 per cwt., fully $3 lower than last week.

Market Highlights: Processing Beef Marketing Info
Market Highlights: Processing Beef Marketing Info

As is normal, beef cattle industry participants are trying to process many pieces of information.

The cattle feeders taking advantage of the positive basis, the trend for several weeks now, was again the catalyst for last week’s trade. 
Basis Trade, Cash Market and Market Ready Cattle Conflict

The cattle feeders taking advantage of the positive basis, the trend for several weeks now, was again the catalyst for last week’s trade. 

Beef cows grazing
Drought Conditions Curb Beef Herd Expansion

Expect shifting slaughter patterns.

JBS Reports Profits Surge
JBS Reports Profits Surge

Despite challenges, JBS S.A. reports a surge in annual profits.

Growing beef supplies are weighing on cattle markets ahead of the grazing season.
Fed Cattle Prices Lower, Packer Margins Improve

Growing beef supplies are weighing on cattle markets ahead of the grazing season.

A fed steer nearly ready to go to the packer.
Mixed Macroeconomic Signals Shake Cattle Markets

Despite the challenges of growing cattle and beef supplies and seasonal pressure ahead in many markets, cattle market fundamentals are quite supportive and stable at this time.

<p>These fed cattle primarily of Hereford-influence are nearing a slaughter weight.</p>
Profit Tracker: Margins Hold Firm

Both cattle feeding and packer margins held firm at solidly profitable levels.

The feeders’ ability to hold steady or gain in the market may not come until mid-April.
Looming Question on Supply for April

The feeders’ ability to hold steady or gain in the market may not come until mid-April.

Cattle at the feed bunk in a feedlot.
Market Highlights: Cattle Prices on Decline, Bottom Not Reached Yet

The price decline has resulted in prices falling below existing support levels which makes it difficult to know where the bottom is in the market.

The last time the Cattle on Feed report grew 9% from the previous year was in October 2006.
Cattle on Feed: Largest Percentage Increase in 11.5 Years

The last time the Cattle on Feed report grew 9% from the previous year was in October 2006.

Due to the lack of rain, feedyards are advised to begin their spring manure harvesting or dust mitigation practices sooner than later.
Feedyards Advised to Begin Pen Surface Cleaning Now Due to Dry Weather

Due to the lack of rain, feedyards are advised to begin their spring manure harvesting or dust mitigation practices sooner than later.

These fed cattle primarily of Hereford-influence are nearing a slaughter weight.
In The Cattle Markets: Low Steer Slaughter Fuels Spring Cattle Prices

A nice spring (or we might say late winter) rally has had fed cattle in the upper $120s for most of the last 8 weeks.

Agritalk After The Bell Logo
AgriTalk After The Bell: New Dining Trends Good News for Beef

Wednesday on AgriTalk ATBl, Don Close from Rabo AgriFinance talked with host Chip Flory about the demand side of the cattle and beef markets. He explained new trends in U.S. dining are helping to support beef demand.

Agritalk After The Bell Logo
AgriTalk ATB: Market Structure Keeping Cattle Marketings Current

Tuesday on AgriTalk ATB, Scott Varilek from Kooima & Kaemingk Commodities in Sioux Center, Iowa, told host Chip Flory that the structure of the cattle market is providing plenty of incentive to keep marketings current.

CAB Insider: Record Ratio of Prime, CAB in First Quarter
CAB Insider: Record Ratio of Prime, CAB in First Quarter

An update on fed cattle carcass quality grades is anything but routine this week as we’re seeing a noted push in carcass quality, setting records in the first quarter this year.

More than 140 employees have lost their jobs in Oregon after a 120-year old beef packer closes.
Oregon Beef Packer Closes After 120 Years

More than 140 employees have lost their jobs in Oregon after a 120-year old beef packer closes.

<p>Feedlot cattle</p>
Profit Tracker: Feeding Margins Decline As Costs Rise

Cattle feeding margins slipped as the cost of feeder cattle increased in last week's closeouts.

Chuck and brisket prices are up $15/cwts and $54/cwt, respectively from last year.
Market Highlights: Chuck and Brisket Prices on the Rise

Chuck and brisket prices are up $15/cwts and $54/cwt, respectively from last year.

The world's largest cattle feeder has officially been purchased by Pinnacle Asset Management for $200 million.
Sale of World’s Largest Cattle Feeder JBS Five Rivers Finalized

The world's largest cattle feeder has officially been purchased by Pinnacle Asset Management for $200 million.

Beef demand continues to be steady to higher.
Feedyards Try To Push Market Higher

Beef demand continues to be steady to higher.

Feeder cattle closes sharply higher and lean hog market sinks to two-month low.
Profit Tracker: Packer Margins Exceed $160

Steady to $1 higher cash fed cattle prices upped cattle feeding margins $20 per head to $194, according to the Sterling Beef Profit Tracker.

In The Cattle Markets: Tariffs and Beef Trade
In The Cattle Markets: Tariffs and Beef Trade

Wherever you get your news, you likely couldn’t avoid hearing a particular T word last week: tariffs.

There are some international issues lurking that could hamper the market, but nothing has slowed the market.
Market Highlights: Trade Concerns Haven't Slowed Beef Exports

There are some international issues lurking that could hamper the market, but nothing has slowed the market.

USDA’s Outlook Forum gives a preview of what the future holds for the cattle industry.
In The Cattle Markets: What Lies Ahead for the Cattle Industry

USDA’s Outlook Forum gives a preview of what the future holds for the cattle industry.

Assuming carcass quality is the same, then acceptable carcass quantity is achievable across a large range in cow weights.
BeefTalk: Expect to Hang Two-thirds of the Cow’s Weight on the Rail

Assuming carcass quality is the same, then acceptable carcass quantity is achievable across a large range in cow weights.

The very narrow spread between CAB and Choice product, reduced even further from last week, represents a great buying opportunity for the premium brand.
CAB Insider: Cutout Values Take Another Sharp Increase

The very narrow spread between CAB and Choice product, reduced even further from last week, represents a great buying opportunity for the premium brand.

<p>Feedlot Cattle</p>
Profit Tracker: Packer Margins Shoot Higher

Cattle feeding margins held firm last week while packer margins more than doubled.

Market Highlights: Challenges, Opportunities in Risky Cattle Market
Market Highlights: Challenges, Opportunities in Risky Cattle Market

The cattle market is wrought with risk, and these risks can be laden with challenges and opportunities.

Limited winter grazing numbers and early movement of wheat pasture cattle to feedlots means that little of the normal March run of wheat pasture cattle will be seen this year in the Southern Plains.
Less Drought and More Cattle Placed on Feed

Limited winter grazing numbers and early movement of wheat pasture cattle to feedlots means that little of the normal March run of wheat pasture cattle will be seen this year in the Southern Plains.

The strong domestic demand and strong export volumes that were well-reported through last year appear to be continuing.
In The Cattle Markets: Strong Everything in a Normally Temped Season

The strong domestic demand and strong export volumes that were well-reported through last year appear to be continuing.

Profit Tracker: Feeding Margins Fall 16%
Profit Tracker: Feeding Margins Fall 16%

A $2 per cwt. dip in cash cattle prices cut $32 of closeout margins last week, but added $46 to packer margins.

Stocker cattle in Kansas.
Trends: Some Comments on Cattle Numbers

The 2017 U.S. calf crop at 35.8 million head was up 2% or 751,000 head from 2016’s.

U.S. Goat Imports are on the Rise
U.S. Goat Imports are on the Rise

Growing demand for goat meat in the U.S. from ethnic minority groups and foodies has made an unlikely export superstar for Australian farmers, with exports surging to a record.

January placements up 4.4% versus a year ago, while Feb. 1 feedlot cattle at 107.9% of year ago.
Dryness Adds to Bigger Than Expected U.S. Cattle Placements

January placements up 4.4% versus a year ago, while Feb. 1 feedlot cattle at 107.9% of year ago.

Cattle on feed numbers continue to climb.
Market Highlights: More Cattle on Feed, Again

Cattle on feed numbers continue to climb.

Cattle placements during January were up 4%.
February Cattle On Feed 8% Higher

Cattle on feed numbers increased 8% during January.

CAB Insider: Digging in on Beef Exports

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.

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.
CAB Insider: Digging in on Beef Exports

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.

Profit Tracker: Packer Margins Continue Slide
Profit Tracker: Packer Margins Continue Slide

Cash cattle prices rallied $3-plus per cwt. last week, and average feedyard margins remain above $200 per head.