Anecdotal evidence and supply observations suggest packers have recently had a negotiating advantage over feedlots. Packer margins continue to be wide and the supply of cattle on feed continues to be high.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Cattle producers should expect to pay more for pastures, as most regions are estimating increases.
Increased slaughter of cows and heifers in 2019 means fewer feeder cattle in 2020, leading analysts to project an uptick in prices for all classes in 2020.
The summer is filling up with excellent opportunities for rangeland education and fellowship.
The April Cattle on Feed report said placements into large feedlots during March were up 0.4% and marketings were down 1.7% compared to March 2014.
Use the following Microsoft Excel spreadsheet, courtesy of Ken Rulon, to plug in your costs to compare conventional tillage and no-till.
There is no doubt that cattle feeders are closely watching the conditions of the corn and soybean crop in the field right now.