http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook RSS Feed for Cattle Outlook en-us Fri, 24 May 2013 19:14:35 GMT http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Cattle-on-feed-down-nine-consecutive-months-208859511.html The amount of beef in cold storage at the end of April, 510 million pounds, was down 0.2% from the month before and down 1.5% from a year ago. http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Retail-choice-beef-up-9-over-past-2-years-207911041.html Today's Cattle on Feed report says the number of cattle in large feedlots at the start of May was down 3.4% from a year ago. April placements were up 15.1% and April marketings were up 2.2%, due to one extra slaughter day. http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Record-corn-harvest-expected-but-planting-lags-206962261.html Corn planting is falling farther behind normal. As of May 5, 12% of corn acres were planted compared to 69% a year ago and a 5-year average of 47% planted by May 5. http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Choice-boxed-beef-tops-200-206006871.html Fed cattle prices were higher this week on heavy volume. Through Thursday, the 5-area average price for slaughter steers sold on a live weight basis was $129.02/cwt, up $1.77 from last week and up $8.86/cwt from the same week last year. http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Cattle-slaughter-lowest-March-since-1991-204900781.html USDA's April cattle on feed report was bearish. Placements during March were up 6.0% compared to a year earlier. http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Retail-choice-beef-prices-set-new-record-203815781.html Retail choice beef prices set a new record in March at $5.222 per pound, up 7.8 cents from February and up 24.7 cents from March 2012. http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Beef-exports-slowing-on-stronger-dollar-202744481.html U.S. beef exports were down 2.5% in February compared to a year earlier. Of the top 7 destinations for beef shipments, only Canada and Hong Kong bought more U.S. beef this February than last. http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Fed-cattle-boxed-beef-prices-higher-this-week-201667201.html Fed cattle prices rose this week. Through Thursday, the 5-area average price for slaughter steers sold on a live weight basis was $128.29/cwt, up 53 cents from last week and up $7.38/cwt from the same week last year. http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Crop-report-points-to-declining-feed-costs-200632771.html The grain stocks report indicated corn supplies might not be as tight this summer as previously thought. Pasture quality and availability will continue to be a concern for the coming summer. http://www.cattlenetwork.com/cattle-news/markets/cattle/outlook/Cattle-Outlook-Weekly-cattle-slaughter-falls-199582221.html USDA's March cattle on feed report said there were 7.0% fewer cattle in large feedlots than on March 1, 2012. The average of pre-release trade predictions was that the on feed number would be down 6.5%. More on this in next week's report.