Feeder Cattle
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Cattle on Feed numbers remain lower
USDA-NASS released the monthly Cattle on Feed report on May 17, 2013. The report documented cattle and calves on feed on May 1 for slaughter market in the U.S. for feedlots with capacity of 1,000 head or more, cattle placements on feed during April, and fed cattle marketings during April. Prior to the report, news agencies such as Dow-Jones and Bloomberg survey industry market analysts for their predictions of the three categories.
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Ag markets posted a general advance mid-day Wednesday
After opening weakly, corn futures surged Wednesday morning. First came the daily grain report indicating private exporters had sold 540,000 tonnes of new crop corn to China and other unknown destinations.
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Schwieterman: Cattle futures rally sharply higher after reversal
Live cattle futures closed sharply higher on Tuesday, with the June contract pulling within .20 of the 40 day moving average.
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Estimated Livestock Slaughter
SJ_LS710
St Joseph, MO Wed May 22, 2013 USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Wednesday 05/22/2013 (est) 124,000 3,000 413,000 7,000
Week ago (est)
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Ag commodities seemed directionless Wednesday morning
After having declined Tuesday in reaction to the surprisingly fast planting pace indicated on the Monday afternoon Crop Progress report, corn futures bounced modestly overnight.
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IMPORTS/EXPORTS
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NATIONAL REVIEW
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- Feeder cattle review: On feed report neutral to slightly bearish

- Feeder cattle review: Cool weather keeps calf buyers at bay

- Feeder cattle review: Feeders move higher with less volatility

- Feeder cattle review: Spring weather fuels cash and feeder demand

- Feeder cattle review: Weather related sell-off continues

PRICES
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- Cattle on Feed numbers remain lower
- Calculating the success of an A.I. program
- Tyson sends disaster-assistance truck to Oklahoma
- Ongoing wave of Calif. metal theft prompts further legislation
- University workshops address workforce management issues
- Producers should examine pastures for post-tornado debris
- Michigan hay buyers should plan purchases early
- Post-tornado composting a solution for disposal of dead livestock
- Seven jobs more dangerous than farming
- New animal identification rules aid disease traceability
- Drought losses in Oklahoma top $400 million for 2012
- Survey reveals most Americans in favor of COOL



