Very low volatility in the cattle market

Backgrounding, which did not pencil out in South Dakota last year, has been looking profitable this year. Thus, producers were looking at feed prices, talking about high prices for light calves sold in the area, and thinking about the value of their raised calves and raised feed. I, however, was distracted by something else – the low volatility in the cattle market. FULL STORY »

Livestock economist confident for 2014 cattle market

Although domestic beef demand remains an unknown, there are enough positive factors in the U.S. and abroad for cattle producers to look forward to 2014, and one economist says it’s time to rebuild the herd. FULL STORY »

Competing with quality Play video

Nevil Speer, an animal scientist at Western Kentucky University, talks about what the beef industry needs to do to remain competitive. FULL STORY »

Feeders can put the red ink away, margins turn positive

Feeder margins escaped negative figures last week, improving by $71.88 to average $42.88 per head. The improvement lifts feeders out of the red according to the Sterling Beef Profit Tracker. FULL STORY »

Lack of cattle catches up with beef industry

The September USDA Cattle on Feed report shows a September 1 feedlot inventory at 9.88 million head, down 7 percent from last year and the smallest September feedlot inventory since 2003. FULL STORY »

Feeder market gains traction on steady demand, breaks $123 trend

Last week’s feeder cattle market finally saw some movement after trading steady since the end of August. Yearling feeder sales reached $125 with momentum picking up most in the Southern Plains. FULL STORY »

Feeder Cattle Review: Yearling feeders higher as supplies dwindle Play video

Compared to last week, dwindling supplies of yearling feeder cattle sold mostly steady to 2.00 higher with most gains seen in the Southern Plains and mostly on steers. FULL STORY »

Cattle Outlook: Boxed beef prices sliding lower

Friday morning, the boxed beef cutout value for choice carcasses was $192.45/cwt, down 61 cents from the previous Friday and down $1.43 from a year ago. FULL STORY »

Starting calves right: Handle with care

September is the beginning of the traditional fall calf run. Over the course of the next three to four months the majority of the spring born calves will be weaned, moved through market channels, received at a feedlot, backgrounder or stocker operation, and perhaps started on feed. FULL STORY »

Temperature swings pull calves lower, yearling feeders excel

Feeder cattle prices were consistent with the previous week at $123 as the anticipation of fewer livestock for sale is countered by hesitant bids from beef packers seeing margins steadily decline. FULL STORY »

Feeder cattle review: Yearling demand remains at its peak Play video

Compared to last week, yearling feeder cattle sold steady to 3.00 higher with the best demand still noted in the Northern Plains and upper Midwest. FULL STORY »

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