Beef - General
Cattle and hog harvest rates were lower last week with higher cash prices paid to farmers and feeders. Margins for both beef and pork packers are trending lower.
Average cattle feeding margins increased last week as negotiated cash prices set new record highs.
As cash cattle prices have been on an upward trajectory in 2023, packer margins have correspondingly moved lower. Sterling Marketing’s weekly estimates are printing packer margins red for the first time in six years.
Cash cattle and wholesale beef prices moved higher last week, increasing profit margins for both cattle feeders and beef packers. Pork producers saw modest per head losses.
Rising wholesale beef prices and declining packing plant utilization are two indicators to watch as the 2023 cattle markets unfold.
Cattle feeding margins remain favorable despite higher costs. Tighter supplies of market-ready cattle become a growing challenge for packers as their margins are squeezed.
Profit margins for cattle feeders increased as cash prices moved higher last week. Pork producers continue operating with negative margins.
Momentum continues to shift in cattle markets with strong feeding margins and tightening supplies. Pork producers continue to struggle with negative margins.
Cattle feeding margins declined last week after modest declines in cash cattle prices. Pork producer margins remain underwater.
Cattle feeders have experienced their best month in years with prices reaching record levels. Hog producers, however, are struggling to keep margins out of the red.
If a seasonal price decline develops as anticipated, this year’s starting point for cattle feeders is the best in a decade. Pork producers notch their second week of modest profits.
Cattle feeders experience largest average profits in seven years as packer margins dip into the red.
Profit margins for cattle feeders and packers continue pacing in opposite directions as shrinking supplies of market-ready cattle drive negotiated cash prices higher.
Cash cattle prices declined last week for the first time in a month, but wholesale prices moved higher for the fifth consecutive week. Prices for yearling feeder cattle placed on feed topped $200 per cwt.
Wholesale beef prices continue to support packer margins even as negotiated cash cattle trade well-above the five-year average. Pork producers enjoy a market rally that has lifted margins out of the red.
Cattle feeders sold more cattle last week than any week this year and at the highest price in history. Pork producers saw modest profits.
Cattle feeders saw their margins shrink $70 per head last week as a modest increase in market-ready supplies led packers to sharply cut their negotiated purchases.
Grilling season set to kick off as both packers and cattle feeders operating with profitable margins. Pork producers continue the struggle to reach profitability.
Packers have navigated through the tightest supplies of the season while maintaining profitability. Now, supplies are anticipated to increase seasonally which could swing more leverage in their favor.
Cattle feeders saw average profits of more than $300 per head last week while pork producers found average losses of about $13 per head.
Public lands ranchers will have the opportunity to communicate face to face with federal agency administrators in Reno, Nevada on Tuesday, July 11, 2023, during an event hosted by Good Grazing Makes Cent$.
Passing of “Bud” Sloan, well-respected owner of Continental Livestock Services for over three decades, and 1964 National Angus Herdsman of the year.
Water quantity and quality is critical to cattle health and performance. Hot weather and drought conditions can impact both water quality and quantity for cattle.
Within each of us is a collection of stories about how we’ve tried, failed, succeeded and overcame obstacles. These are meant to be shared to improve the lives of others. Here’s how.
The use of shades in feedlots has made a big difference in the effects of heat on fat cattle, but a few other strategies can help keep cattle cool, enabling cattle to keep gaining, even in the dog days of summer.
Oklahoma State investigated using distiller’s grain cubes in a supplementation program for growing steers with mineral supplements containing ionophores offered free-choice in a separate complete mineral mix.
Prices are higher as tighter numbers and beef supplies push markets toward record levels. The biggest question now is the extent herd rebuilding begins with increased heifer retention and reductions in cow slaughter.
Feeder cattle got a boost from declining corn prices and wholesale beef prices moved lower ahead of next week’s holiday-shortened schedule.
Tips on mosquito types and ways to prevent, control and repel from a Texas A&M AgriLife Extension entomologist and professor in the Department of Entomology.
Record packer margins were the tipping point to attract new capital to the business. There is now angst packer margins will be too low and these new companies won’t survive. But should we encourage government meddling?