Cattle Outlook
July 1 cattle inventory down 1 percent
All cattle and calves in the United States as of July 1, 2011, totaled 100.0 million head, 1 percent below the 101.1 million on July 1, 2010.
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Cattle Outlook: Beef exports above last year’s levels
During May U.S. beef exports were up 15% and beef imports were down 15% compared to a year earlier. The U.S. exported 11.0% of our May beef production while imports equaled 9.3% of production.
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Cattle Outlook: Unemployment rate concerning for economy, beef demand
The U.S. unemployment rate rose for the third consecutive month reaching 9.2% in June. Non-farm payroll increased by only 18,000 during the month. This is obviously not good news for the economy or for meat demand.
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Cattle Outlook: Cattle herd shrinking, prices higher
The weak economy, high corn prices, and drought in the southern plains are likely reasons for the continuing cattle herd decline.
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Cattle Outlook: Fed cattle and boxed beef prices improve
Fed cattle prices were higher for the second week in a row. The 5-area daily weighted average price for slaughter steers sold through Thursday of this week on a live weight basis was $112.17/cwt, up $2.86 from last week.
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Idaho Cattle on Feed up 10 percent
Cattle and calves on feed for the slaughter market in Idaho from feedlots with a capacity of 1,000 or more head on June 1, 2011 totaled 230,000 head, up 10 percent from the previous year, according to the National Agricultural Statistics Service.
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Cattle Outlook: June COF placements drop 11%
USDA's June cattle on feed report said placements during May were down 10.8% compared to a year ago. May marketings from large feed yards were up 7.3%. The number of cattle on feed at the start of June was up 4.1% compared to the same day last year.
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United States Cattle on Feed up 4 percent
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.9 million head on June 1, 2011. The inventory was 4 percent above June 1, 2010.
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Cattle Outlook: Fed cattle prices lower for 5th week in a row
The trade has been expecting a drop in the number of cattle being placed on feed. After all, USDA says the 2010 calf crop was smaller than the year before for the 15th consecutive year.
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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.
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U.S. cattle: Prices weaken as meat demand concerns mount
Cattle futures markets Thursday are weaker as investor concerns about domestic meat demand mount, overruling expectations of larger exports made possible by a weaker U.S. dollar.
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- Post-tornado composting a solution for disposal of dead livestock
- Cornell genetic testing process cuts cost by up to 75 percent
- Angus Foundation receives $28,500 from “The Card Challenge”
- Commentary: In praise of animal foods
- 100K Pathogen Genome Project maps first genomes
- Beef exports depend on quality reputation
- Michigan hay buyers should plan purchases early
- New animal identification rules aid disease traceability
- Seven jobs more dangerous than farming
- Survey reveals most Americans in favor of COOL
- Post-tornado composting a solution for disposal of dead livestock
- Drought losses in Oklahoma top $400 million for 2012
