Cash fed cattle prices eclipsed last week’s all-time record by posting gains of $3 to $4 per hundredweight this week.
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.1 million head on July 1.
Exports of U.S. beef closed 2013 by eclipsing the $6 billion mark for the first time, setting a new annual value record.
Use the following Microsoft Excel spreadsheet, courtesy of Ken Rulon, to plug in your costs to compare conventional tillage and no-till.
The disparity between packer and feeder margins remains relatively wide.
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.
Feedyard closeouts continue flowing red ink while packer margins hover around $300 per head.
Brisket prices are heating up just like summer temperatures.