Cattle Outlook

Cattle Outlook: Prime to Choice spread continues to widen

The USDA Prospective Plantings report issued today indicates that farmers intend to plant 95.9 million acres of corn this year, the highest level in 75 years. FULL STORY »

Cattle Outlook: Beef prices reach 2nd highest ever

The average price of choice beef at retail during February was $5.045 per pound, down 4.8 cents from the month before, but up 42.7 cents from a year ago. February's average beef price was the second highest ever. The last time beef prices were below year-ago was February 2010. FULL STORY »

Cattle Outlook: Beef imports exceed exports in January

Beef imports exceeded exports during January for the first month since August 2010. Beef exports during January were the lowest of any month since April 2010. FULL STORY »

Cattle Outlook: USDA lowers 2012 beef production

USDA has lowered their forecast of 2012 beef production by 80 million pounds and raised their forecast of fed cattle prices by $2.50/cwt. They are now predicting the average price for slaughter steers this year will average between $124 and $131/cwt. FULL STORY »

Cattle Outlook: Beef cutout values at new record highs

Fed cattle prices set new record highs this week. Sales volume was moderate. FULL STORY »

Cattle Outlook: Grocery store beef prices re-set record high

Grocery store beef prices during January were record high for the fifth month in a row. Retail choice beef prices averaged $5.093 per pound last month. FULL STORY »

Cattle Outlook: 2011 an excellent year for US beef exports

The February live cattle futures contract settled at $128.60/cwt today, up $4.65 compared to last Friday and the highest close ever for the nearby live cattle futures contract. FULL STORY »

Cattle Outlook: USDA increases 2012 beef production estimate

USDA's February supply and demand estimates raised the forecast for corn and wheat exports and lowered the expected market year ending stocks of both crops. FULL STORY »

Cattle Outlook: Calf crop down for 16th consecutive year

USDA’s January cattle inventory survey said there were 90.8 million cattle in the U.S. at the start of 2012. FULL STORY »

Cattle numbers lowest since 1952

The numbers in the USDA’s January 1 cattle-inventory report, released on January 27, suggest continued short supplies and high prices for calves and feeder cattle. The report also hints, however, that the trend toward herd reduction could be starting to turn around. FULL STORY »

Cattle Outlook: Beef demand up 4% in December, 1% for all of 2011

Retail beef prices set a new record in December for the fourth month in a row. The average grocery store price for choice beef was $5.016 per pound, up 1.5 cents from November and 57.8 cents higher than in December 2010. FULL STORY »

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