Monthly fed cattle net returns have been negative since December 2014. A few months ago, it appeared that we would climb above breakeven this spring. However, that was before the recent drop in fed cattle prices.
Cattle prices have had a rough spring. After peaking in late 2014 and early 2015, prices have been adjusting downward from very lofty peaks. High prices and profits at that time provided the incentives to expand beef pr
The 5-Area Accumulated Average Cattle Price fell this week from $126.55 on April 26 to $123.78 on May 3.<p></p>
The panel of cattle industry experts who make up our Monday Market Sentiment had an average guess of <p></p>$12
Cash fed cattle prices retreated $7.77 per cwt. last week. As a result, closeouts added another $75 of red ink. It was a disappointing setback, as closeouts were as close to break even as they had been in more than a ye
The 5-Area Accumulated Average Cattle Price decreased this week from $133.97 on April 19 to $126.55 on April 26.<p></p>
The panel of cattle industry experts who make up our Monday Market Sentiment had an average guess of
The United States Department of Agriculture's National Agricultural Statistics Service (USDA, NASS) released their monthly Cattle on Feed report on Friday April 22, 2016. The latest numbers released by the USDA were bul
Cattle placements into U.S. feedlots last month rose 5.0 percent from March 2015 but were the smallest for the month in five years, according to a government report on Friday, and less than average industry forecasts.
USDA has raised their estimate of 2016 U.S. beef production to 24.825 billion pounds. That is up 1.2% from their previous estimate and up 4.8% compared to last year's production. They expect 2016 slaughter steers prices
Recently, over 8,000 acres of native range burned in the Nebraska Sandhills. These types of disasters often leave producers in a forage shortage for the summer. Confining pairs to keep them off the recovering burned are
The 5-Area Accumulated Average Cattle Price slightly decreased this week from $133.96 on April 4 to $133.91 on April 12.<p></p>
The panel of cattle industry experts who make up our Monday Market Sentiment had an average g
Cattle feeders generally expected margins to be much better by now. An anticipated spring rally that could have erased a lot of red ink has failed to materialize, leaving feedyard closeouts stuck in neutral with near $2
Year to date, the Choice/Select spread has averaged $5.53, compared to $5.92 for the same time period in 2015. However, in the last few weeks, the Choice/Select spread has increased year over year from 2015 levels. Lo