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. FULL STORY »

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. FULL STORY »

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. FULL STORY »

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. FULL STORY »

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. FULL STORY »

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. FULL STORY »

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. FULL STORY »

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%. FULL STORY »

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. FULL STORY »

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. FULL STORY »

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. FULL STORY »

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