Processing...
Market Outlook: Market News & Information

03/16/2010 10:37AM

Cash cattle were steady-to-firm, up $1-$3 in the Plains. USDA put the 5-area average at $93.35/cwt; up $2.40/cwt from last Monday. Packers continued bidding up prices as feedlots remained mud pits stressing cattle while keeping them from making decent daily gains.

03/12/2010 02:17PM

The higher hog and pork prices in early 2010 had caused us to speculate that U.S. pork exports were increasing. But, pork exports in January were actually 13.5% lower than in December and 2.5% lower than in January 2009.

03/12/2010 02:14PM

International beef trade started 2010 on a mixed note – net beef trade was better than a year earlier but not as good as in December.

03/09/2010 01:24PM

Light cattle weights, stronger cash cattle, hedge lifting, and fund buying were supportive. Cash cattle bought last week had cattle owners buying back short hedges. Fund rolling and spreading then developed. This was price supportive.

03/05/2010 02:33PM

This was another good week for hog prices. Barrow and gilt prices ended the week $1-3 higher than where they started. This week’s prices are the highest since September 2008 and are at or above breakeven for the average producer.
EDUCATION CENTER

Revalor ®

Alpharma

CORID®

Cattle Watch

Healthy Heifer ®