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Cattle Outlook

Cattle Outlook: Beef cutout value, fed cattle prices improve

05/18/2012 2:49:42 PM
Problems with sovereign debt in Europe have caused both the value of the Euro and stock markets to decline in value. ... Full story.

Cattle Outlook: USDA expects beef production in 2012, ’13 to drop

05/11/2012 4:22:28 PM
Beef exports during March were up 7.1% from February, but down 20.7% compared to March 2011. ... Full story.

Cattle Outlook: Cattle prices recover, beef cutout a bit lower

05/04/2012 2:44:47 PM
Cattle prices have weathered the announcement of a fourth U.S. cow with BSE quite well. The June live cattle futures contract ended the week at $115.37/cwt, up $2.52 from last Friday. ... Full story.

Cattle Outlook: Fed cattle prices lower, packer margins improve

04/27/2012 3:21:43 PM
The big news item for the week was USDA's announcement on Tuesday that a fourth U.S. cow with BSE (mad cow disease) had been found, this time in California. ... Full story.

Cattle Outlook: USDA predicts higher beef production in 2012

04/20/2012 3:25:45 PM
After four years of decline, USDA is forecasting that world beef production will be up a slight 0.2% this year. ... Full story.

Kansas Cattle on Feed down 1 percent

04/20/2012 3:08:33 PM
The number of cattle on feed on April 1, 2012 in Kansas feedlots with 1,000 head or more capacity totaled 2.17 million head, down 1 percent from both a year ago and March 1, 2012. This is the lowest April inventory since 1999. ... Full story.

Cattle Outlook: Beef exports down 8% from a year ago

04/13/2012 4:13:46 PM
Each of our top four foreign buyers (Canada, Mexico, Japan and South Korea) purchased less U.S. beef than in February 2011. ... Full story.

Cattle Outlook: LFTB prices freefall, fed cattle prices lower

04/06/2012 3:02:58 PM
The publicity about Lean Finely Textured Beef (LFTB) and the unappealing new nickname associated with it is having a big impact on beef prices. ... Full story.

Cattle Outlook: Prime to Choice spread continues to widen

03/30/2012 3:31:37 PM
The USDA Prospective Plantings report issued today indicates that farmers intend to plant 95.9 million acres of corn this year, the highest level in 75 years. ... Full story.

Cattle Outlook: Beef prices reach 2nd highest ever

03/23/2012 4:14:27 PM
The average price of choice beef at retail during February was $5.045 per pound, down 4.8 cents from the month before, but up 42.7 cents from a year ago. February's average beef price was the second highest ever. The last time beef prices were below year-ago was February 2010. ... Full story.

Cattle Outlook: Beef imports exceed exports in January

03/16/2012 2:34:02 PM
Beef imports exceeded exports during January for the first month since August 2010. Beef exports during January were the lowest of any month since April 2010. ... Full story.

Cattle Outlook: USDA lowers 2012 beef production

03/09/2012 2:58:41 PM
USDA has lowered their forecast of 2012 beef production by 80 million pounds and raised their forecast of fed cattle prices by $2.50/cwt. They are now predicting the average price for slaughter steers this year will average between $124 and $131/cwt. ... Full story.
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