King Ranch has acquired a 50% stake in Cobalt Cattle, the nation’s fourth-largest cattle feeding operation with six feedyards in Colorado, Kansas and Texas.
Average drought conditions currently are slightly worse than the drought conditions at this time last year. Although there has been some regional changes in drought situation, the overall picture has not changed much.
Cash fed cattle prices finally broke out of a weeks-long rut, trading $2 to $4 higher in all regions. This week saw the highest prices of the year and the highest average since 2019.
Sustainable Beef LLC, the Nebraska firm that announced plans to build a 1,500-head per day beef slaughter facility in North Platte, will seek $21.5 million in tax increment financing (TIF) from the city.
While it has taken longer than expected to turn the corner on tighter feedlot supplies, the change may be relatively sudden as the dynamics of fall placement weights should result in a rapidly changing inventory.
Packers were willing to take a little lower grading animal last week, but cattle feeders may have a limited window to get those undesirable cattle market before larger supplies appear on showlists.
Market-ready cattle numbers decline with little affect on prices, signaling supplies remain ample compared to slaughter capacity. Cattle on feed numbers were lower versus year-ago for the first time in 16 months.
The House Ag Committee passed the Cattle Contract Library Act of 2021 by unanimous vote on Thursday. Supporters say the act would give greater transparency to cattle markets and more leverage to producers.
“Cattle Contract Library Act of 2021” is designed to provide cattlemen with the market data needed to make more informed marketing decisions and exert greater leverage in negotiations with major meatpackers.
Cash cattle trade looked to be a repeat of the last several weeks with packers grudgingly upping bids. It was not a huge increase, but it is a sign that the number of front-end cattle available is becoming shorter.
Bion Environmental Technologies has announced plans to build a beef production facility near Fair Oaks, Ind., in the next phase of development of a sustainable grain-finished beef product line.
Cash cattle prices were steady to slightly higher as supplies of market-ready cattle continue to decline. Analysts believe the fall low is in and stronger prices will prevail the balance of the year.
Wholesale beef values continue to fall rapidly in a fall pattern that’s grossly overdue. Much remains in flux in the 2021 market, with record-high seasonal beef values inflated alongside so many other commodities.
The 2022 Hereford Feedout Program and NJHA Fed Steer Shootout provide breeders the opportunity to collect valuable carcass and performance data, maximize profit potential and expand marketing avenues.
Beef exports during August were an all-time record for any month. U.S. beef exports continue to be fueled mostly by the strong growth in the China/HK market, up 160.5 percent year over year in August.
The number of high end market ready cattle should be limited for the next several weeks. If the cattle feeder has any opportunity to take any of the margin from the packer the time may be upon us.
The Iowa Chapter of the Sierra Club is suing the Iowa Department of Natural Resources in an effort to stop a 11,600-head feedlot in Clayton County that lies near Bloody Run Creek.
Legislative proposals aimed at the U.S. livestock markets could have a negative impact on farmers and ranchers they are intended to protect, Meat Institute argues ahead of Thursday’s House Ag Committee hearing.
Report requested by Congress and USDA puts into context a variety of cattle market disruptions, including the 2019 Tyson fire and the COVID-19 pandemic’s effect on packing plants and disruption of beef supply chains.
Their teamwork, values and ability to consistently raise high-quality beef earned Shaw Feedyard the Certified Angus Beef (CAB) 2021 Feedyard Commitment to Excellence Award.
For their influence on the beef business, shifting toward quality and value-based marketing, U.S. Premium Beef earned Certified Angus Beef’s (CAB’s) 2021 Progressive Partner Award.
Fed cattle prices remain locked within a range of $120 to $125 over a long 16-week period. Market-ready steers and heifers have, in total, been readily available throughout this extensive timeline.
A federal judge in Yakima, Wash., has denied Tyson Fresh Meats’ motion in bankruptcy court to pursue fraudulent transfer claims against Easterday Ranches for the sale of its North Lot prior to filing for bankruptcy.
The question for several months has been when feedlots would “turn the corner” on the large fed cattle supplies and set the stage for improving fed cattle prices. It always seems to take longer than it should.
Holidays are out of our way, but packers have begun their fall cooler cleanings. This rotation will keep at least one plant running short for several weeks and will continue to keep fed cattle harvest to a minimum.
Does the beef industry have enough packer capacity? With repeated bottlenecks and a worker shortage, a better question might be, "can the industry better use the capacity it has?"
Years of progress in efficiency and genetics may not be enough to satisfy the demands put on cattle producers moving forward. That was the message from speakers at the 2021 Feeding Quality Forum.
Treatment intervals and comfort care were two topics of discussion on a recent Cattle Chat podcast hosted by the Kansas State University Beef Cattle Institute team of veterinary experts.
The modern protein buyer has been forced to become accustomed to much higher prices across beef, pork and chicken as price inflation hasn’t waned. Demand outstripping supply seems to be the theme across each sector.
An overnight fire at the JBS beef facility and a temporary computer glitch at Tyson's Dakota City facility disrupted beef packing on Monday sending futures prices sharply lower.
Vaccines are crucial to keeping livestock healthy and productive. However, with timing, labor constraints and the necessity for boosters, there are several factors to consider before implementing a vaccination program.
Regulators in Brazil and Chile have granted market authorization to Bovaer®, a novel methane-reducing feed additive for ruminants produced by Dutch nutrition giant Royal DSM NV.
Congress must consider the implications that changes to federal tax policy will have on family-owned agricultural businesses, and the “American Families Plan” must also support family farms and ranches.
The fed cattle market in the South continued to inch higher last week. Now that we have the holiday behind us packers should have a greater need for cattle than what we have seen for the last several weeks.
The Iowa Cattlemen’s Association has asked Agriculture Secretary Tom Vilsack to include custom cattle feeders as part of any upcoming assistance plans due to th eCOVID--19 pandemic.
Cattle markets seem poised to break out from the constraints of the first half of the year as we move into the last part of the third quarter. Calf and stocker prices have moved counter-seasonally higher in July-August.
Northern cash cattle traders found solid weekly gains in an active market this week, while cattle in the South sold steady to $1 higher. Cattle on feed declined 2% from last year.
