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Ranchers have more opportunities to receive added value for their calves than other segments, and panelists at the Range Beef Cow Symposium discussed how to accomplish such goals.

Last week was one of the last chances for cattle feeders to push the market up to the $120-plus price range. Three packers were in the market to buy cattle by feeders chose to settle for steady money.

Steers and heifers sold at auctions this week steady to $3 lower. AMS said with the holidays and the end of the year fast approaching, many auction markets saw heavy runs of cattle.

Sharply higher carcass weights have boosted beef production, though another round of winter weather hitting parts of cattle feeding country may temper that in the last few weeks of the year.

In anticipation of reduced harvest during the holidays, packers are sitting in a good inventory position going into the next few weeks.

Cattlemen’s Beef Board CEO Greg Hanes says the Beef Checkoff was “designed by producers, for producers, to build value by focusing on key areas of research and promotion to drive demand for our beef around the world.”

USDA’s December 1, 2019 Cattle on Feed report estimated 12 million cattle in feedlots with capacity more than 1,000 head.

Cash cattle prices traded $1 to $2 ahead of Friday’s USDA Cattle on Feed report which reported a 2.5% increase in the number of cattle in feedlots.

Packers were eager to push their inventory higher last week and prices in all regions responded by moving $1 to $2 higher.

Nick and Justin Diemel’s family have filed a wrongful death lawsuit against the man charged with their murder and his mother.