Fed Cattle
Cattle feeders have been fairing alright with higher live cattle prices, but packers aren’t doing so well.
Less beef production but prices should continue to rise, according to USDA.
Beef and cattle prices dropped this past week, but it’s still a profitable time to be in the beef industry.
U.S. cattle imports have increased from both Canada and Mexico in 2014, totaling 1.413 million head through August.
Now is the time to consider rebuilding the herd, but holding onto cows could be risky.
Record high feeder cattle prices could make profitability difficult in the coming months.
Cash fed cattle prices reached new record levels Thursday with trades at $170 per cwt.
Cattle futures set record highs last week, while Choice cutout beef prices saw an increase.
Meat demand is still on the rise despite record high prices.
Cold storage across the U.S. is seeing less and less beef, along with pork, chicken and turkey.
The voluntary removal of Zilmax from the market left several cattle feeders scrambling this past year.
The fed cattle and boxed beef market slowed down this past week.
Cattle futures markets burst out of the gate early this week, setting record highs for both Live Cattle and Feeder Cattle.
Volatile cattle market sees a $5 to $7 increase for fed cattle.
The cattle markets are starting to tail off from their summer highs as spring calves are being weaned.
The cattle markets have been in a bit of a sink or swim mode lately, and right now they’re slowly sinking.
Thanks to consumer demand beef prices have been at record highs this summer.
Cattle prices continue to skid for the third week in a row.
The Cattle on Feed Report continues to show a decrease in feedlot inventory and placements.
Cattle prices have been put on ice with markets falling off a bit.
The USDA-AMS is seeking public input on possible revisions to the U.S. Standards for Grades of Carcass Beef to adjust for recent improvements and trends in animal raising and feeding.
Possible record corn crops are a good sign for beef producers.
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.