Latest News From Cattle Pricing

Understanding Beef By-Product Values
Understanding Beef By-Product Values

The set of products included in total by-product values is quite varied and includes edible offals, inedible offals, meat. bone and blood meal, edible and inedible tallow, hides, and pharmaceutical products.

Nevil Speer
Speer: Bettin’ On The Grid

The reliability of marbling is making a difference – and cattle feeders are taking advantage. With real dollars at stake, more cattle are committed to negotiated sales and betting on the grid is paying off.

Hereford Influence Sells Strong in South Dakota
Hereford Influence Sells Strong in South Dakota

Even with strong demand and historically high prices for calves and feeder cattle this winter, the Hereford and Hereford-influenced sale at Mitchell Livestock Marketing in South Dakota Feb. 15 was a head-turner.

Nevil Speer
Speer: Yelling Imports in a Crowded Salebarn

Imports and exports [both product and cattle] create value and provide opportunity for all trading partners, thereby underpinning the reason international trade exists. A review of data confirming the value of trade.

Nevil Speer
Speer: Some More Most Important Things

Following up on a recent column, Nevil Speer reports on the advice from a seasoned grain analyst: Three things that you should do for success in 2024, plus, four things NOT to do. Remember, it's "you versus you."

CAB Insider: Carcass Quality Set to Climb Seasonally
CAB Insider: Carcass Quality Set to Climb Seasonally

The beef market is set to rapidly adjust to changes in consumer buying habits. This removes demand pressure from ribs and tenderloins, realigning the contribution of those cuts to a smaller percentage of carcass value.

Nevil Speer
Speer: The Most Important Thing

The most important thing largely revolves around our perspective, and subsequent management, of risk (or lack thereof). Eleven essential tips for risk management.

Cattle Producers Livestock Auction
Money On The Table: Top 9 Factors That Influence Cattle Price on Sale Day

For cow-calf producers, fall is often a time for preconditioning, weaning and marketing calves. While prices will likely be towards the top end this year, could you still be leaving money on the table?

Slow Herd Rebuilding, Expectations of Cattle On Feed Lower
Slow Herd Rebuilding, Expectations of Cattle On Feed Lower

With cattle prices strong, serious inventory issues continue as the USDA is set to release the newest cattle on feed report on Oct. 20. Here's what experts are saying about the upcoming report and herd expansion.

Thinking of Backgrounding Calves this Fall?
Thinking of Backgrounding Calves this Fall?

Cattle prices have responded to lower cattle inventory. Yet, with increasing costs of maintaining a cow, producers may wonder: to increase revenue in 2023, is it worth retaining or backgrounding calves?

Cattle Market Hits All-Time Highs: How Long Will the Bull Run Last?
Cattle Market Hits All-Time Highs: How Long Will the Bull Run Last?

Both live and feeder cattle futures hit record highs this week as a function of historically tight supplies. Yet, the question remains—how long could these strong prices last?

Cattle Prices Soar: Is The Cattle Industry's Optimism Justified?
Cattle Prices Soar: Is The Cattle Industry's Optimism Justified?

Could the optimism in the cattle industry be fueled by profitability? With cattle prices reaching record highs, it’s important to consider whether these high prices are equating to black ink on the balance sheet.

Cattle Market Signals: High Costs, Projected Profits and Beef Demand
Cattle Market Signals: High Costs, Projected Profits and Beef Demand

The smallest herd in 60 years creates a historic market for cattle and calves.

What Has Value To Your Calf Buyer?
What Has Value To Your Calf Buyer?

Cattle markets remain robust with the promise of getting even better. Understanding what has value to your calf buyer is key to capturing the most possible in the market place.

Mastering Cattle Market Trends: Maximizing Profitability with Lee Schulz
Mastering Cattle Market Trends: Maximizing Profitability with Lee Schulz

We know that the cattle market runs in cycle. Lee Schulz shares tips for how beef cattle producers can understand cattle cycles and how to make decisions accordingly.

Securing Profits In 2023: Cattle Price Expectations, Beware Of Unknown Market Downturn
Securing Profits In 2023: Cattle Price Expectations, Beware Of Unknown Market Downturn

The current high cattle prices were not a matter of “if” but “when,” following severe drought across cattle country. However, in volatile markets, should cow-calf producers be optimistic about profits in 2023?

Is The Packers and Stockyards Act from 1921 Obsolete?
Is The Packers and Stockyards Act from 1921 Obsolete?

The Packers and Stockyards Act changes may be coming, as the Fiscal Year 2024 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Bill has been sent to the full House for consideration.

Nevil Speer
Speer: Free Market Doing Its Thing

Solid prices gains are not new to cattle markets. Solid gains have been ongoing for several years and the fed market has roughly doubled over the past 35 months, a clear sign the market is not "broken."

Nevil Speer
Speer: Free Market It Is!

Government intervention, or the free market? An esteemed ag economist implored the beef industry long ago not to “block changes that are being prompted by basic rules of economics.”

Cattle Continue Historic Price Rally As Cattle Feeders Gain Leverage
Cattle Continue Historic Price Rally As Cattle Feeders Gain Leverage

Cattle markets surging $10 higher over the past two weeks have pushed the 5-area average price to record levels and the rally may continue this week.

Factors Affecting Calf Prices in 2021-2022 from Superior Livestock Auction Data
Factors Affecting Calf Prices in 2021-2022 from Superior Livestock Auction Data

An analysis of calf sales through the Superior Livestock Auction by Kansas State University and Merck Animal Health looked at traits of load lots of calves that had impacted sales price.

Mackey: Bullish Factors Fueled the Market to Benefit Cattle Feeders
Mackey: Bullish Factors Fueled the Market to Benefit Cattle Feeders

Carrying show lists the previous week paid off to the tune of $3 cwt. A combination of bullish factors fueled the market and cattle feeders were awarded.

Rethink, Renew and Reshape: Building Back from Drought Offers a Unique Opportunity
Rethink, Renew and Reshape: Building Back from Drought Offers a Unique Opportunity

As the idea of rebuilding herds is on the horizon, how producers go about it will drive how high prices go and for how long, says Wes Ishmael.

Hesitant to Say 'Record' Cattle Prices, Expert Warns of Downside Risks
Hesitant to Say 'Record' Cattle Prices, Expert Warns of Downside Risks

Scott Brown, livestock economist at the University of Missouri, explains how even in a bullish cattle scenario, there are still downside risks to consider. How much risk can you afford?

BT_Feedlot_Cattle_Kansas
Cattle Price Discovery and Transparency Act Reintroduced in 2023

On Thursday, Senators Deb Fischer (R-Neb.), Chuck Grassley (R-Iowa), John Tester (D-Mont.) and Ron Wyden (D-Ore.) reintroduced the Cattle Price Discovery and Transparency Act in the 118th Congress.

USDA Officially Launches Pilot Cattle Contracts Library
USDA Officially Launches Pilot Cattle Contracts Library

According to USDA, the pilot will mirror the working library that was shared with stakeholders in 2022 but will now contain active contracts.

Mackey: Resolution: “Do Not Sell On The First Bid”
Mackey: Resolution: “Do Not Sell On The First Bid”

In this time of growing leverage, feeders should adopt a New Year’s Resolution, “I will not sell on the first bid,” as evidenced by the Eastern feeder’s ability to resist initial offers of $248 and trade at $252.

The Cattle Cycle: What You Need to Know Today
The Cattle Cycle: What You Need to Know Today

Though it’s not quite like knowing the winning lottery numbers before they are drawn, there are some valuable insights to gain from understanding the cattle cycle and what the future might hold.

Nevil Speer
Speer: Packers and the Knowledge Problem

What number of beef processors would resolve producer concerns about “lack of competition?” Should meat processing be different than other industries?

Nevil Speer
Speer: 55 - 0

Last week’s cash market topped $150! It’s a timely opportunity to review the need for regulatory intervention into the cash market (i.e. the Cattle Price Discovery and Transparency Act of 2022).

Cattle Contracts Library Pilot Program Notice to Trade
Cattle Contracts Library Pilot Program Notice to Trade

NCBA said it is pleased to see the pilot program progressing and note the important decision to use the Livestock Mandatory Reporting statutes as a basis for any subsequent rulemakings.

Paige Carlson
Q&A: TCFA's Ben Weinheimer's Southern Plains Perspective on the Cattle Price Discovery and Transparency Act

With the industry divided on the Cattle Price Discovery and Transparency Act legislation, perspectives range across regions of the U.S. TCFA president and CEO Ben Weinheimer shares his southern plains viewpoint.

Senators Expect Cattle Price Discovery and Transparency Act to Move from Committee
Senators Expect Cattle Price Discovery and Transparency Act to Move from Committee

AgriTalk host Chip Flory discusses the status of the Cattle Price Discovery and Transparency Act with Senators Deb Fischer and Chuck Grassley.

Cattle Price Discovery Functioning Effectively, Arkansas Analysis Finds
Cattle Price Discovery Functioning Effectively, Arkansas Analysis Finds

Price discovery in today’s fed cattle market “appears to be functioning effectively in even the thinnest regional fed cattle markets,” according to an analysis by University of Arkansas agricultural economists.

AMS Announces Two New Market Reports
AMS Announces Two New Market Reports

Beginning Monday, USDA’s Market News will issue two new reports based on Mandatory Livestock Reporting data to provide further insight into formula cattle trades and help promote fair and competitive markets.

Playing to Win: Grid Marketing Opens Door to Premiums
Playing to Win: Grid Marketing Opens Door to Premiums

The many moving pieces in grid marketing make it a bit of a chess game, but learning to play opens more opportunity for big wins. Ranchers can target cow herd genetics toward factors driving value in the supply chain.

Select Beef Will Be Phased Out
Select Beef Will Be Phased Out

Extending the decline of Select grade beef into the future, the authors of a new report says Select may be reduced to 5% of beef supplies by 2025.

Energy power lines generic
Tax Reform Losers From Biofuels to Coal to Get Second Chance

Billions in breaks for energy sought in ‘tax extenders’ bill.

Corn futures are facing technical resistance
Corn futures are facing technical resistance

Corn futures are facing technical resistance. The yellow grain market continued its general rally Tuesday in the wake of the US production cut indicated on the January 12 USDA reports, with talk of South African drought

Meat of the Matter: Prime beef bashing
Meat of the Matter: Prime beef bashing

It's not news when activist websites demonize meat safety. But it's over the top when so-called food 'gourmets' start spouting the worst, most outrageous garbage about supermarket beef.