Cattle Outlook

Cattle Outlook: Crop conditions falling, still better than 2012

The number of cattle on feed in large feedlots at the start of August was down 5.9% compared to August 2012. FULL STORY »

Cattle Outlook: USDA estimates more beef, lower fed cattle prices

USDA's August WASDE report raised their estimate of 2013 beef production by 207 million pounds (0.82%) and lowered their forecast of the annual average slaughter steer price by $1/cwt. FULL STORY »

Cattle Outlook: Domestic beef demand up in June from prior year

U.S. beef exports during June were up 12% compare to a year earlier thanks to a 62% jump in exports to our biggest foreign customer, Japan. FULL STORY »

Cattle Outlook: Cattle slaughter, beef prices declining

This week’s economic news was not encouraging for domestic meat demand. The U.S. economy grew by 1.1% in the first quarter of 2013 and 1.7% in the second quarter. Growth rates above 2% are needed. FULL STORY »

Cattle Outlook: Boxed beef lower for 9th week in a row

USDA's July report said the number of cattle on feed at the start of the month was down 3.2%. The number was below year-ago for the 11th consecutive month. FULL STORY »

Cattle Outlook: Choice beef cutout down 8th consecutive week

Retail prices for choice beef in June averaged $5.294 per pound. That was up 5.3 cents from the average in May, up 36.2 cents from a year ago, and less than a penny under the $5.30/pound record set in March. FULL STORY »

Cattle Outlook: U.S. beef to Japan at highest level in a decade

U.S. beef exports to Japan in May were at their highest level since October 2003, and beef shipments to that market are up 50% vs. year ago for the first five months of 2013. FULL STORY »

Cattle Outlook: Choice cutout falls for sixth consecutive week

Fed cattle prices were mixed this week. Through Thursday, the 5-area average price for slaughter steers sold on a live weight basis was $119.58/cwt, down $1.24 from last week, but up $2.53 from the same week last year. FULL STORY »

Cattle Outlook: Fed cattle prices drop on light volume

Fed cattle prices were lower this week on light volume. Through Thursday, the 5-area average price for slaughter steers sold on a live weight basis was $120.82/cwt, down 55 cents from last week. FULL STORY »

Cattle Outlook: Cattle on Feed placements higher than expected

Friday's cattle on feed report said the number on feed at the start of June was 10.736 million head, up 1,000 head from the month before but down 3.1% compared to a year ago. FULL STORY »

Cattle Outlook: Fed cattle prices hold on light volume

Friday morning, the boxed beef cutout value for choice carcasses was $207.31/cwt, down $2.62 from the previous Friday and up $9.96 from a year ago. FULL STORY »

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