The U.S. and global economy is in uncharted waters. There are many unknowns about the timing, severity and aftermath of the disease. For beef, there are longer-term questions about the overall impact on demand.
Cattle markets will continue to be influenced by uncertainties from coronavirus, and the sharp selloff in financial markets. The DOW closed the week with a 1,985-point gain (9.4%), the DOW’s largest ever one-day gain.
Founder of Heartland Cattle Co. and K-State ASI Family and Friends Reunion Chairman Patsy Houghton was recognized March 5 during the 2020 K-State Stockmen’s Dinner.
Cash cattle prices lost another $2 per cwt. last week, a decline of $7 over two weeks. Coupled with higher input costs on feeder cattle, the decline feedyards with an average $22 per head loss last week.
After several days of up and downs in CME futures prices, cattle feeders saw their chances of getting back to steady slip away on Thursday as the board sold off.
Does the beef industry need additional packer slaughter capacity? Recent history suggests cattle prices were highest when packing capacity utilization was lowest, but the answer is complex.
Current wholesale beef values are lower year-over-year, but it's too early to gauge what impact the COVID-19 virus has had on both export and domestic beef demand.
Sharply lower cash cattle prices erased $100 per head from closeout profit margins last week and left cattle feeders re-evaluating ideas of a spring rally.
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.
At a 50,000-head feed yard, there are all types of cattle. But one Kansas cattle feeder knows that no matter the class and kind, they all do better with some TLC.
The world's largest potential market for beef seems to be shrinking under the strain of the cornonavirus as the government locked down cities for weeks and enforced wide-scale quarantines.
If there was ever a question of how much outside influence there is on the cattle market it was completely exposed this past week with fears over the coronavirus growing.
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.
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.
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.
There is little evidence to suggest that plant-based alternatives are anything more than a fad being driven by massive investments in advertising, outdated information and many false or misleading claims.
Progressive Beef™, a cattle management and sustainability system for feedlots, says more than two million cattle have been certified through the program and nearly four million cattle will be certified this year.
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.
NAFTA was a trade pact written in the early 1990s. Derrell Peel, an extension livestock specialist with Oklahoma State University, is one who aided and gave his insights when trade negotiators were writing the deal.
Stockmanship & Stewardship is a unique two-day educational experience featuring low-stress cattle handling demonstrations, Beef Quality Assurance (BQA) education and other sessions for cattlemen.
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.
The fire sent cattle prices plummeting. Portions of the industry demanded an investigation and USDA said it was looking into it. Experts at the cattlemen's convention told AgDay that report is still pending.
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.
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.
While cash fed cattle traded lower the past two weeks, traders anticipate a higher market toward spring as cattle numbers tighten seasonally and beef demand improves.
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.
There was some hesitation among buyers this week as the CME futures had a downward turn and sell-off early in the trading period. Steers and heifers sold lower at auctions.
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.
Cattle feeding margins jumped $72 per head higher the week ending Jan. 25 as the value of feeder cattle calculated against those closeouts declined $8 per cwt.
