Cattle Outlook

Cattle Outlook: April beef exports surpass 200 million pounds

April beef exports were over 200 million pounds, the first time this level has been eclipsed in 2012. Imports were slightly higher than this however, the third month of the past four where the U.S. was a net importer of beef. FULL STORY »

Cattle Outlook: 5 states cattle production value tops $2 billion

Forecasts of continued dry weather in the southern corn belt boosted corn futures this week. July corn futures ended the week at $5.98/bu, up 47 cents from the previous Friday. FULL STORY »

Cattle Outlook: Economic growth expectations lowered

USDA says 72% of the corn crop was in good or excellent condition on May 27. That compares to 77% good or excellent the week before and 63% a year ago. FULL STORY »

Cattle Outlook: Beef cutout value, fed cattle prices improve

Problems with sovereign debt in Europe have caused both the value of the Euro and stock markets to decline in value. FULL STORY »

Cattle Outlook: USDA expects beef production in 2012, ’13 to drop

Beef exports during March were up 7.1% from February, but down 20.7% compared to March 2011. FULL STORY »

Cattle Outlook: Cattle prices recover, beef cutout a bit lower

Cattle prices have weathered the announcement of a fourth U.S. cow with BSE quite well. The June live cattle futures contract ended the week at $115.37/cwt, up $2.52 from last Friday. FULL STORY »

Cattle Outlook: Fed cattle prices lower, packer margins improve

The big news item for the week was USDA's announcement on Tuesday that a fourth U.S. cow with BSE (mad cow disease) had been found, this time in California. FULL STORY »

Cattle Outlook: USDA predicts higher beef production in 2012

After four years of decline, USDA is forecasting that world beef production will be up a slight 0.2% this year. FULL STORY »

Kansas Cattle on Feed down 1 percent

The number of cattle on feed on April 1, 2012 in Kansas feedlots with 1,000 head or more capacity totaled 2.17 million head, down 1 percent from both a year ago and March 1, 2012. This is the lowest April inventory since 1999. FULL STORY »

Cattle Outlook: Beef exports down 8% from a year ago

Each of our top four foreign buyers (Canada, Mexico, Japan and South Korea) purchased less U.S. beef than in February 2011. FULL STORY »

Cattle Outlook: LFTB prices freefall, fed cattle prices lower

The publicity about Lean Finely Textured Beef (LFTB) and the unappealing new nickname associated with it is having a big impact on beef prices. FULL STORY »

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