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Beef prices have yet to find a price ceiling this year as new records continued to be broken.

Building beef cow herd requires quality management and genetics.

U.S. beef exports maintained their strong momentum in May.

Beef costs are poised to rise further as feeder-cattle futures climbed to cap the longest rally in 37 years amid mounting U.S. supply concerns.

Consumers looking at the price of beef in grocery store meat markets may be wishing more cattle were in the food production system to lower the hit on their wallets, but that is not likely to happen anytime soon.

Corbitt Wall of USDA Market News gives this week’s Feeder and Stocker Cattle Summary for the week ending July 18.

After running uphill for three consecutive months, stocker and feeder markets fell lower amid light receipts.

The world’s second largest iron exporter also happens to be one of the largest cattle ranches in Australia. Both of those commodities are in high demand from China.

Increased heifer retention is having an impact both on the fed cattle market and at the packer.

Both the fed cattle and beef cutout markets have taken a slight downturn, but things should turn around and head back towards record highs.