Stocker and backgrounding operations have been foaming at the mouth to secure the inventory needed to harvest spring grass.
Both beef and cattle prices continued to slide.
Strong stocker demand pushed calf prices counter-seasonally higher before Thanksgiving.
Cash cattle prices rallied $3-plus per cwt. last week, and average feedyard margins remain above $200 per head.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
October placements up 10.2% vs year ago, and Nov. 1 feedlot cattle at 106.2% of year ago.
For fall stocker purchases, there are three major risks to navigate and two of them are immediate
Noble Research Institute pasture and range consultant Rob Cook has been selected as the 2017 Texas Section Society of Range Management (SRM) Association Outstanding Young Range Professional award recipient.