Prices

Retail meat prices: Up, up and away

Summer grilling season will cost meat lovers a few more dollars this year, according to the American Farm Bureau Federation. Wholesale meat prices climbed higher during the first quarter of the year and retail meat prices quickly followed suit. FULL STORY »

Cattle Outlook: Good indication herd expansion is starting

The April cattle on feed survey said there were 2.2% more steers on feed at the start of April than a year ago, but 5.9% fewer heifers in feedlots. The increase in steer numbers is driven by lower corn prices and record fed cattle prices. FULL STORY »

Boxed beef peaks for highest price in April

Boxed beef prices rose by $1.16 in 24 hours. Prices have seen an increase since April 15 peaking to $233.30 today, the highest price since the first of April. FULL STORY »

Feeder cattle review: Replacements to decline this summer

Compared to last week, offerings of calves and yearling feeder cattle sold steady to 3.00 higher, with several auctions reporting calves and yearlings selling 5.00-6.00 higher. In the south feeder cattle traded mostly steady to 2.00 higher. FULL STORY »

CattleFax Closing Bell: Feeder cattle ends higher Play video

CattleFax analyst Lance Zimmerman reviews the week's commodity market activity and provides a forecast for the upcoming week. FULL STORY »

Hold on tight

2012 promises to be quite a year for the U.S. beef business, with the cow-calf sector poised for record returns and incentive for growth, analysts told a standing-room crowd at the Cattle-Fax Annual Outlook Conference during the Cattle Industry Convention last week. FULL STORY »

Cattle Outlook: March beef exports up 47 percent

Beef exports during March totaled 245.288 million pounds, up 46.5% compared to a year earlier and the second largest monthly total ever behind 259.2 million pounds exported in June 2003. Beef imports during March totaled 175.01 million pounds, down 21.0% from 12 months earlier. FULL STORY »

Cattle Outlook: Beef exports 25.4% higher

Beef trade continues to be very favorable. Beef exports during February were 25.4% higher than 12 months earlier and beef imports were 16.5% lower. The big growth markets for beef exports were South Korea, Japan and Canada. Canada, Australia and Brazil account for the drop in beef imports. FULL STORY »

Cattle Outlook: Frozen beef supplies largest in 2 years

The amount of beef in cold storage at the end of February, 468 million pounds, was up 1.3% from the month before and up 15.6% compared to a year earlier. Frozen beef supplies are the largest since January 2009. As a general rule, increasing stocks of frozen beef is a negative for price, but it doesn't appear to be hurting prices this year. FULL STORY »

US cattle: Moving higher amid cash supply jitters

Live cattle futures prices Wednesday are higher amid mounting trader concerns about thin cash-market supplies and higher prices. The most-active April contract recently traded 0.95 cent a pound, or 0.84%, higher at $1.1472. The soon-to-expire February contract recently traded up 0.55 cent a pound, or 0.50%, at $1.0960. FULL STORY »

2010 U.S. pork & beef consumption decline

U.S. per capita pork consumption fell by 2.2 pounds in 2010 to 48.0 pounds, according to the CME Daily Livestock Report. That's the lowest annual figure since 1997 when Americans consumed 47.9 pounds of pork. FULL STORY »

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