Feedyard
Gaspar Martinez has worked at Harris Feeding Company for 48 years and was honored for his dedication at the Cattle Feeders Hall of Fame with the Distinguished Service Award in August.
Heat across the Plains stifled prices on steers and heifers, yet August is historically a good time to sell yearlings and this year is no exception, AMS reporters said. Wholesale beef prices continued higher Monday.
JBS says it seeks opportunities for acquisitions and expansion, but two U.S. senators are calling on the U.S. Treasury Secretary to open an investigation into the Brazilian meatpacker.
Deferred cattle futures prices suggest cash cattle should rally going forward, and many cattle feeders are in a position to dig in and fight for higher prices.
Cash cattle prices were mostly steady on the week while wholesale beef prices made another run higher. Analysts see the overall fundamentals as strong and prices could trend higher.
The outlook for cattle prices and higher returns to cattlemen is looking positive for 2022. Low prices and significant cost inflation significantly impacted cow-calf producer decisions toward herd numbers.
NCBA announced the winners of its 2021 Beef Quality Assurance (BQA) Awards, which annually recognize outstanding beef and dairy producers, marketers, and educators.
The NCBA Live Cattle Marketing Committee put forth a new resolution and directive. The new resolution pertains to CME Group Live Cattle and Feeder Cattle Futures Contract price limits.
The cattle market is still dealing with a burdensome supply of market-ready fed cattle. The influence of that supply will diminish as three years of herd liquidation will reduce feedyard placements.
Total beef exports for the January – June period in 2021 are up 21.5% over the first six months of 2020. This includes a 46.2% year-over-year increase for the month of June over the low point last year.
Cattle prices pushed higher with trade volumes also increasing. The market has been aided by the decline in committed cattle, helping independent feeders clean up their showlists.
Calls for cattle market reforms could hinder alternative marketing agreements (AMA), a value-based marketing tool that has improved beef quality over a generation.
Late week sales in the North topped the market but fed cattle were firm to higher across all regions. Wholesale beef prices surged more than $18 per cwt. higher for the week.
AMS will publish a National Daily Direct Formula Base Cattle report to provide information on foundational prices used in market formulas, grids, and contracts, and a National Weekly Cattle Net Price Distribution report.
NCBA names Jennifer Nealson to new position responsible for directing program strategy, development and integration through marketing, research and science disciplines in an effort to increase demand of beef.
Silage harvested in drought years brings nitrate concerns. Good silage can still be produced, however, as long as the crop is harvested correctly, ensiled well and carefully stored.
Cattle feeders in the South saw a glimmer of hope in last week’s cattle trade. Most fed cattle in the South brought $120 and region saw decent movement, but still not totally in the clear of the backlog.
Labor challenges for packers are particularly acute on Mondays, which have the lowest daily average slaughter in 2021. Carcass weights will rise seasonally the rest of the year but will remain lower year over year.
Cattlemen should be suspicious of legislative and regulatory activity that interferes with markets under the guise of improving them, writes John Nalivka. Before long the entire camel is “in the tent.”
Lane joined AgriTalk this week to discuss the bill, which was introduced by Sen. Cory Booker, who is known for being vegan among other things.
New Jersey Sen. Cory Booker re-introduced his Farm System Reform Act, a bill he says would “transform a broken system.” NCBA calls the proposal “misguided.”
To hear Sen. Cory Booker tell it, the Farm Systems Reform Act would “create a level playing field for independent family farmers” and “transform the broken system built by multi-national meatpacking companies.”
USDA’s semi-annual Cattle Inventory report on Friday confirms the U.S. inventories of beef cows, replacement heifers, feeder cattle and calf supplies are declining. The ongoing drought will accelerate the trend.
Over the last decade, the American Hereford Association reports a 150% growth in marbling and an 86% growth in rib eye area. AHA’s feedout programs give producers data to make more informed breeding decisions.
The latest cattle on feed report confirms that the feedlot situation continues to improve relative to the slaughter capacity constraints that plagued fed cattle markets in early 2021.
Cash cattle traded steady, with cattle feeders in the South still needing a couple more weeks for good trade volume before they have any shot at being able to push the live market higher.
For cattlemen who’ve always considered feeding their own cattle but have never taken the risk, the first step in picking a partner can be the hardest. Here’s a a 12-point checklist for selecting a feeding partner.
Cattle market analysts point to declining carcass weights and declines in the percentage of Prime and Choice grading carcasses in recent weeks as a clear signal the peak in fed cattle numbers has been established.
Sustainable Beef, LLC, will likely receive $1 million from the North Platte Quality Growth Fund. to be used to help pay for the estimated $10 million cost of architectural, engineering and planning.
Higher feed prices reflect how cattle may be produced. Typically, cattle are grown to heavier weights before they are placed in a feedyard reducing the price slide for feeder cattle as weight increases.