Last week brought a flurry of market information from various NASS reports that give added insight into the cattle supply situation and the inventory levels likely in 2019.
Chicago Mercantile Exchange August live cattle eased 0.550 cent to 115.350 cents per pound, holding above Tuesday's nearly two-month low of 113.650 cents. August feeder cattle futures were up 0.725 cents at 144.050 cent
The school is for anyone interested in learning more about feedlot production, nutrition, waste management and marketing.
The August 2017 Feeder Cattle futures contract increased by $7.66/cwt. during November.
Wheat carry also trimmed vs. March
While drought improved in many areas, the Southern Plains saw slight expansion.
The 2017 Census of Agriculture was released April 11. While the lag between collecting and reporting the information seems like a long time, the breadth and depth of information is substantial.
The volume of cattle and calves sold the week ended Jan. 13 was called the second largest in five years, with prices steady to uneven.