After a mostly sluggish April, market-ready fed cattle saw a solid rally in the North and steady money in the South. Futures markets began to look past the psychologically bearish H5N1 virus news.
A study examining the presence of salmonella in beef cattle feedyards was the focus of a series of studies by Texas A&M AgriLife Research scientists and faculty in the department of animal science at Texas A&M University, College Station.
Beef packer profit margins continued to grow last week as the beef cutout jumped nearly $5 per cwt. and cash fed cattle prices declined another $2 per cwt.
All alternatives have advantages and disadvantages, and making the right choices can favorably help an operation’s bottom line. That’s why Iowa Beef Center and Iowa State University Extension and Outreach completely revised the Beef Feedlot Systems Manual.
Cattle feeding margins dropped another $45 per head last week, totaling average losses of $163 for every animal that walked on the truck. That’s the result of a $4.37 per cwt. decline in the 5-area direct cash price which registered $154.93 per cwt., well below the average breakeven price of $167.53.
Kansas State University in cooperation with Merck Animal Health recognized Roy Browning of Deseret Cattle Feeders as the recipient of the “Top Hand” award at the 2015 K-State Cattle Feeders College held May 14 in Scott City, Kansas.
The official start of the summer grilling season launched with a thud. Beef demand remains good, but the expected bump from Memorial Day weekend was doused by heavy rains and beef’s high retail price in comparison to pork and poultry.
Cattle feeding margins were unchanged from the previous week, which means the train wreck continues. Despite modest gains in the cash market, cattle feeders lost an average of $206 per head, just $1 better than the previous week.
USDA's April cattle on feed report said the number of steers on feed was up 5.4% at the start of April while the number of heifers in large feedlots was down 10.1%.
The only one way to find out if your fall 2014 calf crop really is outstanding, regarding quality and feedlot performance, is to retain ownership all the way to the packing plant.
Cattle market fundamentals may remain favorable, but April’s expected rally has fizzled. Both feeder and fed cattle traded significantly lower this week, with cash fed cattle prices now $9 lower than just three weeks ago.
Cattle traders were mildly surprised by USDA’s April cattle on feed report as both placements and the total on feed numbers came in higher than expected.
The average price of fresh beef in grocery stores was a record $6.079 per pound during March. That was up 6.2 cents from the previous record set the month before.
Beef cutout prices trended about $2.80 per cwt. higher to $256.37, and packer margins improved more than $26 per head, resulting in losses of $15 on every animal processed.
The Red Angus Association of America and Tyson Fresh Meats Inc. have released new enhancements to the Choice+ performance-based grid, designed exclusively to pay premiums for cattle enrolled in the FCCP.