The fed cattle and beef markets are seeing unprecedented prices, especially for this time in the year.
See the lastest supply/demand estimates from Jerry Gulke, Top Producer Maket Strategy columnist.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
There were 491 million pounds of beef in cold storage at the end of February.
Cattle feeding margins declined $34 per head last week as cash cattle prices fell $2 per cwt. , leaving closeouts $5 per head in the red.
Beef cow-calf producers recognize the importance of staying informed on all aspects of their operation, and a new four-part webinar series from Iowa Beef Center will help them do just that.
USDA's February Cattle on Feed reports said the number of cattle in large feedlots on February 1 was down a tiny 0.04% compared to a year ago.
Both feedyards and packers remained solidly profitable last week.