Latest News From Markets

What can beef producers do to gain more consumer confidence?
At The Table: What And Why Are They Buying?

Science may say beef production is carbon neutral, that animal welfare is the best it’s ever been, but for consumers in an era of skepticism, science is just another person’s opinion.

Cash cattle sold at steady prices
Sideways Cattle Market Continues

The market is sitting in a holding position in this mid $120’s range, and the movement is anticipated to remain flat for the short-term.

Feedlot inventories at a peak
Derrell Peel: Large Feedlot Inventories To Start 2020

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.

Feeder cattle sold uneven
Fed Cattle Steady, COF 2% Higher

Agricultural Marketing Service reporters said the market was most active on “lightweight cattle, in light flesh, as numbers of those cattle are not as plentiful as their heavier mates.”

Angus cattle on feed
Performance Livestock Analytics and Top Dollar Angus Partner

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.

Profit Tracker: Feedyards Remain In The Black
Profit Tracker: Feedyards Remain In The Black

Despite an average $1 decline in cash fed cattle prices last week, cattle feeding margins remained solidly profitable on a cash basis.

Cash cattle traded steady
Distressed Futures Keeps Cattle Market Steady

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.

Fed cattle traded steady to $1 lower
Cattle Markets Take A Breather, Feds Steady To $1 Lower

Cattle feeders were unable to push the cash market higher, settling for mostly steady money as packers were noticeably less aggressive with much narrower profit margins.

Feedyard workshops to be held in Kansas and Nebraska
Feedyard Team Growth Workshops Scheduled For February

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.

Beef Quality Assurance Program Continues Growth
Beef Quality Assurance Program Continues Growth

The Beef Quality Assurance program has certified more than 100,000 producers through its online learning system, with hundreds of thousands certified since the program's inception in the early 1990s.

Profit Tracker: Feedyards Gaining Leverage
Profit Tracker: Feedyards Gaining Leverage

Beef packer profit margins fell to their lowest level in nearly two years last week while cattle feeding margins exceeded triple digits for the second consecutive week.

Cattle in feedlot
Beef Packers Seek Dismissal Of Antitrust Lawsuit

Lawyers for America’s largest beef packing companies asked a federal judge on Friday to dismiss the class action suit filed against them by a group of ranchers last year.

Beef carcasses
Packer Lawsuit Against Producers Dismissed

A pair of lawsuits filed last year involving a packing company and two producers have been dismissed following a confidential settlement.

Cattle traded steady
Packer Inventory and Margins Stall Cash Rise.

Surplus packer inventories and halted Saturday kills due to dwindling processing margins has stalled out the cash cattle market for now.

Wildfires
Derrell Peel: Australian Fires Impact On Cattle And Beef

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.

Feeder cattle
Grazing Cattle Sharply Higher, Fed Cattle Firm

Steers and heifers suitable for grazing programs sold sharply higher in the week ended Jan. 10. AMS reporters called demand good to very good at livestock auctions nationwide.

Walmart partners with 44 Farms
Walmart Enters The Beef Business With Packing Facility In Georgia

Walmart held a grand opening of its Thomasville, Georgia, beef processing facility that will supply Black Angus beef to some 500 of its retail stores in the southeast.

Profit Tracker: Packer/Feeder Margin Spread Flips To Favor Feeders
Profit Tracker: Packer/Feeder Margin Spread Flips To Favor Feeders

Cattle feeding profit margins exceeded beef packer margins last week for the first time in more than two years as cash cattle prices have increased 20% since September.

Farm Journal Ag Labor Survey
Farm Journal Ag Labor Survey

No paid time off and no health insurance is the norm for livestock employees.

Cash cattle traded higher
Positive Start To New Year For Cattle Feeders

Packers were aggressive in obtaining inventory to start the new year, and the result was a cash cattle market that gained $2 in both the north and south.

Feeder cattle
Derrell Peel: Cattle Market Factors To Watch In 2020

The new year brings with it several changes in ongoing market dynamics, some new opportunities, and some new risks and continuing challenges for cattle and beef markets.

Cash cattle march higher.
Fed Cattle Rally Carries Into New Year

Over the past 10 weeks, cattle feeders have gained market leverage in a rally the likes of which have not been seen in many years.

Projections of the 2020 cattle inventory
Nalivka: The Jan. 1 Cattle Inventory And Getting Beyond 2019

John Nalivka's projections for the 2020 Cattle Inventory show a decline of 1.6%, which, if realized, would be smallest inventory number since 2016.

BQA positively impacts consumer confidence
BQA Is Trust Insurance

As consumers glean more information about where their food comes from, producers need to focus on how they manage their farm or ranch. Beef Quality Assurance certification is a good place to start.

Cash cattle prices steady to higher
Year-End Cash Cattle Rally Continues

Cash cattle prices traded higher in the north, with dressed sales reported $3 to $5 higher. Feeder cattle markets saw a limited holiday-week test.

Prices trend higher
Packers have desire to keep inventory

Packers were eager to push their inventory higher last week and prices in all regions responded by moving $1 to $2 higher.

Fed cattle prices traded $1 to $2 higher.
Christmas Rally Adds $1 To $2 To Fed Cattle

Cash cattle prices traded $1 to $2 ahead of Friday's USDA Cattle on Feed report which reported a 2.5% increase in the number of cattle in feedlots.

John Nalivka: Appreciating the efficiency of U.S. food production
John Nalivka: Appreciating the efficiency of U.S. food production

As 2019 rapidly comes to a close and the holiday season is upon us, Americans have an abundance for which to be thankful.  This is particularly true with regard to food production in the U.S.

John Nalivka: Appreciating the efficiency of U.S. food production
John Nalivka: Appreciating the efficiency of U.S. food production

As 2019 rapidly comes to a close and the holiday season is upon us, Americans have an abundance for which to be thankful.  This is particularly true with regard to food production in the U.S.

Prime Cincinnati
The Winding Road to Prime

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.

Profit Tracker: Packer Margins Lowest In Five Months
Profit Tracker: Packer Margins Lowest In Five Months

Beef packers saw their margins decline to the lowest level since before the Tyson packing plant fire August 9 as beef cutout prices declined and cash cattle prices increased.

Hereford cow-calf.
Hereford Innovation Drives Improvement

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.

Cattle feeders were rewarded for patience last week.
Late Traders Take Advantage of Market Rally

In anticipation of reduced harvest during the holidays, packers are sitting in a good inventory position going into the next few weeks.

Sharply higher carcass weights recently have boosted beef production.
Derrell Peel: Strong Finish For 2019 Beef Production

Sharply higher carcass weights have boosted beef production, though another round of winter weather hitting parts of cattle feeding country may temper that in the last few weeks of the year. 

Feeder cattle traded lower this week.
Fed Cattle Rally Continues, Feeder Cattle Lower

Steers and heifers sold at auctions this week steady to $3 lower. AMS said with the holidays and the end of the year fast approaching, many auction markets saw heavy runs of cattle.

JBS facility in Brazil
JBS SA Faces New Fraud Charges In Brazil

Brazilian federal prosecutors have charged JBS S.A. and its holding firm J&F Investmentos, along with 14 other individuals, for alleged fraud in the approval of investments and loans by national development bank.

Beef exports lag 4.2% so far in 2019.
Derrell Peel: Beef Exports Struggling And Imports Steady In 2019

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.

Cash cattle sold steady.
Cattle Feeders Let Packers Off Easy

Last week was one of the last chances for cattle feeders to push the market up to the $120-plus price range. Three packers were in the market to buy cattle by feeders chose to settle for steady money.

An M.D. says eat meat.
Dan Murphy: Doctor’s Orders - Eat Meat!

A recent study that didn’t condemn red meat drew outrage from numerous self-proclaimed health authorities. But a prominent M.D. has now weighed in with the opposite opinion.

Winter weather often impacts cattle production.
Winter Storm Impacts Markets In Many Ways

Severe weather inevitably means management challenges and higher costs for producers but may also have market impacts if poor conditions are widespread enough.

CAB Insider: Prices Higher, But Feedyards Have Lost Some 'Currentness'
CAB Insider: Prices Higher, But Feedyards Have Lost Some 'Currentness'

Cattle feeders took a firmer grip on the rope last week with a cash fed cattle price more than $2/cwt. higher than the week prior, although that detail is lost in the pricing table due to rounding.

Hereford-sired feeder cattle.
Hereford Advantage Feeder Cattle Marketing Program Enhanced

Designed to identify superior Hereford-influenced feeder cattle, the Hereford Advantage program now offers additional benefits to add value to feeder cattle.

Beef top sirloin label.
USCA Says Producers, Consumers Deserve 'Accurate Labels'

The U.S. Cattlemen's Association calls for "accurate meat labels" and noted they have asked FSIS to use certain labeling claims to be used exclusively for cattle "born, raised and slaughtered" in the U.S.

Profit Tracker: Feedyard Profits Rise To Triple Digits
Profit Tracker: Feedyard Profits Rise To Triple Digits

Feedyards saw closeouts improve dramatically last week after the cash cattle market posted its third consecutive week of higher prices.

USCA Wants Review of Marfrig Global Foods’ Purchase of National Beef
USCA Wants Review of Marfrig Global Foods’ Purchase of National Beef

USCA has submitted a request to U.S. Treasury Secretary Steven Mnuchin for an investigation of Marfrig Global Foods’ “near-acquisition” of U.S.-based National Beef Packing Company.

NCBA has reaffirmed its policy supporting voluntary country-of-origin labeling (COOL).
NCBA Seeks Clarity, Consistency in Beef Origin Labeling Practices

NCBA says it will work with the USDA's Food Safety Inspection Service (FSIS) to address the Agency’s longstanding policy on geographic origin statements for beef.

Behavior monitoring proves beneficial for feedyards.
Justin Sexten: Data-Driven Decisions

New research highlights the ability of behavior monitoring to predict disease while enhancing health outcomes and making the pen rider's job easier.

Cash cattle pushed higher
Board Pushes Cash Cattle Higher

The cash cattle market continues to be the best broken-record producers ever heard of late as three of the four major packer participated in the live trade last week.

Angus VNR: Hy-Plains Feedyard wins CAB honors

Cattle genetics have changed over the years, and one Kansas cattle feeder wants to make sure finishing practices have kept up.

Cash fed cattle traded $2 to $4 higher Wednesday.
Packers Aggressive, Cash Cattle Rally Continues

Cash fed cattle trade was active on Wednesday, surging $2 to $4 higher the day before Thanksgiving, with demand strong in all major cattle feeding regions.