Fed Cattle
Feedlot marketings were up 16.6% in November, while placements rose 15%.
The Fed Cattle Exchange is helping the beef industry by delivering another data point for price discovery through an online live cattle auction.
Only minor changes are projected by the latest WASDE report for beef production and cattle prices.
Commodities dropped 40-60% in value the past few years. How much longer will the slide continue?
Cattle prices have climbed to their highest point since August.
The late October rally in cattle markets appears to have gained momentum this week.
The feeder markets keep moving higher each week and have since the holidays.
Animal feed and protein unit was biggest profit contributor.
This month’s numbers continue the trend of increasing heavy placements, with cattle larger than 800 pounds seeing a 21.2% year-over-year increase while cattle less than 600 pounds saw an 8.9% year-over-year decrease in placements.
Department of Agriculture to add Fed Cattle Exchange data.
A Nebraska company has found a way to make dry cattle feed pellets from an ethanol byproduct without adding any binding ingredients.
Attendees came from 14 different states and Canada to hear veterinarians Dan Thomson, Mike Apley and Tom Noffsinger led discussions on animal handling and health.
After a few weeks of positive price movements in the feeder cattle business, there was a small relapse this week.
The cattle markets continue their slide through the late summer and last week’s news suggests this will persist into the fall. Volatility remains the watch-word – but the overall trend remains down.
Changes in feeder cattle prices recently have potential impacts for cow-calf and stocker producers this fall.
August WASDE feeds the bears on crop markets, could it also feed the bulls (and steers) this fall?
South Dakota feedlots with capacities of 1,000 or more animals reported 220,000 cattle on feed on Aug. 1, up 5 percent from last year.
USDA’s August Cattle on Feed report said July marketings were down 0.7%, July placements up 1.6%, and the number of cattle on feed up 1.6% at the start of August.
The August WASDE predicts this fall will bring our first 15 billion bushel corn harvest and the first 4 billion bushel soybean harvest. This is good news for feeder cattle prices.
Drovers is proud to be hosting Cowboy College on Sept. 7-8, in Dodge City, Kan. The two day meeting will offer an educational opportunity designed specifically for feedlot crews.
In less than a month feedlot cowboys from across the country will be gathering in Dodge City, Kan. to learn about best management practices and animal welfare.
The CME Group announced more changes that include discounting live cattle futures at a delivery location and revising quality grade specifications.
Until the market gains some consistency with what is happening in the country then the futures market is about as risky as playing croquet in the alligator pit.
While marketings were largely in line with the pre-report estimates, June placements were the big surprise, only up 3 percent compared to last year.
USDA’s monthly Cattle on Feed report was pegged at 10.4 million head on July 1, 1% above last year’s total.
Cattle feeders are walking a tight rope as fed cattle prices continue to decline.