Feedyard
Cattle feeders continue to take advantage of the advancing cash market, with higher sales in all regions last week.
CAB growth credited to “an entire community of Angus farmers, ranchers and feeders being extremely intentional over several years in the way they breed, raise and care for their cattle with a focus on quality.”
While fed cattle supplies remain historically large, they are set to decline moving forward. Seasonal supplies will be at their peak in the first quarter of 2020.
Agricultural markets will be impacted by world population growth, economic growth and the expanding middle class, African Swine Fever and the development of alternative proteins.
Citing concerns about foreign ownership of U.S. companies, two U.S. senators have asked Treasury Secretary Steve Mnuchin to open a formal investigation of JBS SA.
Wes Shoemyer, a Missouri farmer and speaker at last week’s “Rally to Stop The Stealin’” in Omaha, responds to critics of the #FairCattleMarkets movement.
It is disconcerting to watch as a few become disruptive at a time when the beef industry is realizing very positive progress in moving to satisfy the most important aspect of any business – the customer.
While many cattlemen were surprised and frustrated with market reactions after the fire, Derrell Peel says the type and duration of price behavior are exactly what is predicted by market economics.
Our view or definition of traceability and the process involved shapes our perspective of the premium and implementation cost.
Both cash fed cattle and feeder cattle posted gains for the week ending Sept. 27, while wholesale beef prices saw significant declines.
With seven weeks passed since the fire at Tyson’s Finney County, Kan. plant, the impacts and resulting ripple effects are clearer now and are fading as expected.
Tom Jones and his Hy-Plains Feedyard team keep feeding, learning and showing the way to better.
The September Cattle on Feed report highlights some regional differences in the current feedlot situation among the four largest feeding states.
U.S. cattle on feed Sept. 1, 2019, were estimated at 11.0 million head, down 1% from a year ago, USDA reports.
Beef production will increase this year, and that remains a key driver for the price of fed cattle.
Citing growing frustration with low cattle prices while beef packers reap large profits, a grassroots campaign was launched this week seeking the support of President Donald Trump.
The $1 threshold seemed to be a sticking point for cattle feeders last week, and many held firm on Friday which could prove to give cash prices a needed boost.
Omaha-based Green Plains Inc, announced it has completed the sale of 50% of Green Plains Cattle Company LLC for $77 million.
“Economic and political order has become disorder,” Dan Basse, president of AgResource told attendees at the recent Feeding Quality Forum during his keynote address.
The new frontier in nutrition research is the rumen microbe population, and new management practices have been shown to improve rumen health.
The cattle industry needs to make some bold, creative changes to ensure its viability, according to speakers at the Feeding Quality Forum held in Amarillo, Texas.
Cash fed cattle continued a downward spiral driven by losses in CME Live cattle futures. Tyson announced its Kansas beef plant won’t be fully operational until January.
The lack of aggressive trade was noticed mostly in the south where cash trade could not get any higher than $1.00 last week.
When loading and unloading cattle, the choice of “movement assistance device” may affect the loading outcome as well as the end product.
If anything good comes from the Tyson fire, maybe it will be that everyone will realize the burden of our over-committed fed cattle supply.
USCA calls on the USDA and the CFTC to “convene cattle market participants to discuss concerns related to price transparency and true price discovery.”
U.S. Ag Secretary Sonny Purdue has directed USDA’s Packers and Stockyards Division to launch an investigation into recent beef pricing activity.
U.S. cattle on feed totaled 11.1 million head in USDA’s August 1 inventory, which was slightly higher than the same period a year ago.
While the fire was unfortunate, the industry suffered more from an over-reaction by cattle markets in the week immediately following the fire.
Packers were hesitant to offer a bid on cattle early last week, and after a $5 decline, feeders still have many unanswered questions about the impact of harvest capacity.