Cattle Outlook
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. ...
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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. ...
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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. ...
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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. ...
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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. ...
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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. ...
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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. ...
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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. ...
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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. ...
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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. ...
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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. ...
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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. ...
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