Friday's jobs report was somewhat encouraging. More people with jobs is positive for meat demand.
There were 147 bred heifers sold in the Nov. 17 Show-Me-Select replacement heifer sale at Kirksville Livestock LLC. Average price was $1,872.
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.8 million head on Oct. 1, 2010.
This first full-week following the Memorial Day holiday delivers signals cattle markets may see a second wave of downward pressure, the after-shocks of the COVID-19 earthquake.
We are now fully transitioning into a primary calf selling time of the year for cow-calf producers and into an active buying time for stocker producers.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
The abbreviated judging season concluded Sunday at the High Plains Intercollegiate Meat Judging Contest in Hereford, which served as the 2020 national championship meet.