Feedyard
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.
In a head-scratching week of data, estimated cattle slaughter was 9,000 head higher following the Tyson fire, cattle prices were down 5% or more, and yet wholesale beef prices rose 9%.
AgriTalk host Chip Flory and Drovers editor Greg Henderson discuss the impact of the fire at Tyson’s facility in Kansas and the impact on cattle markets.
Packer participation in the cattle market was an issue even before Friday night’s fire at Tyson’s Holcomb, Kan., beef packing facility.
Fed cattle trade was slow to develop in the southern plains with packer bids falling $2 short of steady. Feeder cattle traded at uneven prices across the nation.
The indefinite closure of Tyson’s Holcomb, Kan., facility creates the potential the cattle “marketing pace will slow down and carcass weights will increase.”
For his leadership to the beef industry and dedication to raising quality cattle, Jerry Bohn will receive the 2019 Feeding Quality Forum (FQF) Industry Achievement Award later this month.
Feeder steers sold steady to $2 higher, with instances of heavier cattle selling $6 to $7 higher in special sales in the Southern Plains.
Cattle feeders’ perseverance paid dividends as they held out for steady to higher cash trade in all feeding regions.
The fluctuation in the cash price in this trade seemed to be mostly dependent on the location of the cattle, with prices ranging from $114-$116, with dressed trade at $182-$185.
Over the next few weeks patience and a calm trigger finger could be profitable to the cattle feeder as the supply of market-ready cattle declines.
Fed cattle trades were few and far between last week, with most bids lower and packers seemingly uninterested.
Divestment plan leads to ownership changes for 11 feedlots
Prices were higher for all classes of cattle for the week ended Oct. 13, with cash fed cattle trading at $111 per cwt., $2 higher. Cattle sold on a dressed basis at $175 per cwt., $2 to $3 higher.
The 2017 cattle markets have been interesting, and since November 1, Elaine Kub, author of Mastering the Grain Markets, can describe them in one word: wild.
When you have a cough, you visit a doctor. When you want to know where your food comes from, you should ask farmers and ranchers.
After more than 200 cattle died on a feedlot in Nebraska, the cattle feeder who was responsible for the animals’ care has pleaded not guilty to 40 charges he faces in the alleged livestock neglect case.
The past several weeks of trading in the fed cattle markets have shown that basis is becoming more important to many than the actual cash price.
U.S. feedlots unexpectedly increased the number of cattle purchased in December compared with a year earlier, a government report showed.
With three-quarters of 2016 nearly in the books, we see continued expansion of the beef cow heard and continued increases in beef production.