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.
The cash feeder cattle market has cooled considerably the past month and a half as has the futures market.
Cattle markets rallied again the first full week of August with both fed cattle and feeders reported at $3 per cwt. higher.
Cattle markets roared into March with a rally many believe was long overdue.
Read and watch more about pilot ethanol plant in Vonore, Tenn., which will product cellulosic ethanol by using switchgrass.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Consumer demand for livestock products continues to be important in determining the pressure on livestock prices in the coming months.
Use the following Microsoft Excel spreadsheet, courtesy of Ken Rulon, to plug in your costs to compare conventional tillage and no-till.