Cattle Outlook

Cattle Outlook: USDA report shows fewer U.S. cattle farms

USDA's February cattle on feed report had few surprises. The number of cattle placed on feed in January was up 1.6% from a year ago. This was the first time placements have been above year-earlier since May. FULL STORY »

Cattle Outlook: Weekly slaughter falls from previous week, year

The average price of choice beef at retail during January was $5.244 per pound, a new record. This was up 12.6 cents from December, up 15.1 cents from January 2012, and up 9.2 cents from the November 2012 record. FULL STORY »

Cattle Outlook: Live cattle imports rise in 2012

Last year, the U.S. exported 2.45 billion pounds of beef and imported 2.22 billion pounds. Although down 11.9% from the year before, 2012 beef exports were the fourth highest yearly total ever behind 2011, 2003, and 2000. FULL STORY »

Cattle Outlook: USDA predicts more meat, lower beef in 2013

USDA's February WASDE report was not encouraging. They are now predicting that 2013 beef production will be only 3.2% lower than last year. FULL STORY »

Cattle Outlook: USDA estimated calf crop falls

USDA's January cattle inventory report said the number of cattle and calves in the U.S. at the start of the year totaled 89.3 million head. FULL STORY »

Cattle Outlook: Calf crop likely to fall for 18th year in a row

It appears that Japan may be about to loosen their restriction on U.S. beef imports. The age restriction is expected to change soon to cattle slaughtered at 30 months of age or less. That should boost our beef shipments to Japan. FULL STORY »

Cattle Outlook: Beef packers struggle with surplus capacity

The big news this week was Cargill’s announcement that they would close their Plainview, Texas cattle slaughter plant on February 1. FULL STORY »

Cattle Outlook: Feeder prices stronger at start of 2013

Beef carcass cutout values were mixed this week. On Friday morning, the choice boxed beef carcass cutout value was $194.22/cwt, down 60 cents from last Friday, but up $10 from a year ago. FULL STORY »

Cattle Outlook: Cattle prices likely to set more records in 2013

Beef production in 2012 was the lowest since 2005 and 2013 beef production is expected to be down another 5% or so. Production is likely to decline again in 2014. The per capita beef supply in 2013 is expected to be the lowest since 1952. FULL STORY »

Cattle Outlook: Fewer cattle in feedlots, record high for beef

USDA's cattle on feed report said there were 6.0% fewer cattle in large feedlots than on December 1, 2011. November placements were down 5.6% while marketings were down 0.7%. The on-feed number is 0.6% above pre-release trade forecasts. FULL STORY »

Cattle Outlook: 2012 calf crop smaller for 17th consecutive year

Through November 24, 2012 steer slaughter was down 2.4% and heifer slaughter was down 5.4% compared to the same weeks last year. FULL STORY »

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