Marketing-Communications
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 imports are up, while exports of beef are down.
Cattle market prices down from 2014, but still historically high.
This week’s fed cattle prices were the highest since early January.
Stocker and backgrounding operations have been foaming at the mouth to secure the inventory needed to harvest spring grass.
Fewer cattle are on feed than what was projected, but domestic beef demand is up.
Live cattle traded for $160 to $161 to end last week, while beef prices were up from the previous week.
Cattle prices are up significantly from last year, while beef prices slide from last week.
The price slide between feeder cattle of various weights are settings records in the extreme this year. Producers must analyze costs and breakevens carefully.
It is never too early to start developing a marketing plan for the current calf crop and the next anticipated calf crop.
Fed cattle placements were up compared to the same time last year.
Cattle futures showing that prices may have been inflated the past few months.
The popular CattleFax Outlook Session today at the 2015 Cattle Industry Convention and NCBA Trade Show gave cattlemen and women reasons to be optimistic.
Merck Animal Health and DVAuction, Inc., announced the most accurate and timely feeder cattle prices in real-time from one website.
For 2015, it looks like beef producers will see a slight drop off in the market, but profitability should remain high thanks to increasing global demand and lower input costs.
A new packing plant in Idaho and boxed beef prices going up for three weeks are good news for cattle producers.
Fed cattle prices rebounded to start 2015 out after several weeks of losses in December.
This is New Year’s week and the number of cattle reports is smaller than normal.
The 2014 beef market had one common theme: record prices. From those record prices there are some lessons to be learned.
The record high beef prices that were the norm for much of the year have continued to drop off.
Most of 2014 saw record high prices, but the downward trend in the beef and cattle markets looks like it could carry into the New Year.
It has been a chaotic couple of weeks in the cattle markets.
Fed cattle prices fell on a live basis and beef prices also saw a slight decrease.
Consumers will likely see a modest uptick in beef prices at the grocery store next year, though most of the significant increases have already happened, a cattle market analyst said Thursday.
What are your plans with the big check you’ll receive for selling calves?