Cattle Outlook
Cattle Outlook: Lowest October cattle placements on record
The November cattle on feed report said there were fewer cattle placed on feed during October than for any October since USDA began the current data series in 1996.
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Cattle Outlook: Beef demand struggles in current economic climate
The choice retail beef price again topped $5 per pound in October at $5.03, 9 cents higher than September.
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Cattle Outlook: Beef cutout values, fed cattle prices lower
The unemployment rate climbed one-tenth to 7.9% in October. Meat supplies are tight and prices are very high. High unemployment rates mean a lot of people are short of money to pay those high meat prices.
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Cattle Outlook: Retail beef demand up, placements dive
USDA’s October cattle on feed report said that placements in September were down 18.8% and marketings were down 11.5% compared to a year ago.
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Cattle Outlook: 2012 beef production forecasted 2% lower by USDA
During August, for the second month in a row, the U.S. exported more beef than we imported. Exports equaled 9.50% of August beef production and imports equaled 7.66% of production.
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Cattle Outlook: Beef packer gross margins above average
Beef packer gross margins the week ending September 28 averaged $159 per steer. The last 8 weeks they have averaged $153 per steer which is well above the 52 week average of $110 per head, but right on the 8 year average which is also $153 per head.
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Cattle Outlook: High feed costs explain fewer cattle on feed
The September cattle on feed report said the number of cattle on feed in large feedlots at the start of September was down 0.6% compared to September 2011.
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Cattle Outlook: Record beef prices limiting export demand
Domestic beef demand during July was up 1.8% compared to a year earlier, but export demand for U.S. beef was down 14.9%.
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Cattle Outlook: Beef exports higher than imports in July
During July, the U.S. exported more beef than we imported for the first time since February. Exports equaled 10.5% of July beef production and imports equaled 8.8% of production.
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Cattle Outlook: Beef carcass cutout, feeder cattle higher
Meat demand depends on people with money to spend. Today’s jobs report is not encouraging. Only 96 thousand jobs were added to the economy during August.
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Cattle Outlook: Corn prices set records as drought continues
Domestic beef demand was up 2% in June compared to 12 months earlier. However, export demand was down 10% leaving fed cattle demand down 1% compared to June 2011.
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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
- Corn planting pace turns from record slow to record fast
- U.S. cattle placements rise in April as feed costs subside
- Survey reveals most Americans in favor of COOL
- Ag markets were mixed to start the new week
