Cattle Outlook: Weekly slaughter falls from previous week, year
The average price of choice beef at retail during January was $5.244 per pound, a new record. This was up 12.6 cents from December, up 15.1 cents from January 2012, and up 9.2 cents from the November 2012 record.
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United States Cattle on Feed down 6 percent
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.1 million head on February 1, 2013.
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Canada cattle report: Showlists work against Canadian cash market
Eroding technical levels and larger showlist volumes worked against the cash market. The Canfax average steer and heifer price closed the week at $114.75/cwt and $113.75/cwt respectively, down $1.50 from the previous week.
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Beef demand to govern cattle & beef prices in 2013
The outlook for cattle and beef prices in 2013 and 2014 is decidedly bullish when examining the supply side factors. Cattle numbers are at half-century lows and any growth this year will be modest at best. While these supply fundamentals could push cattle and beef prices to new record highs in 2013, price advances will be limited by the willingness and ability for beef consumers to continue to pay more for beef.
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Cost of an old cow
Every article about culling cows includes a bullet point that says “old cows,” but rarely are there reasons to get rid of the “trail boss cow," the last cow you bought from dad, or the favorite 4-H heifer listed.
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Cattle Outlook: Live cattle imports rise in 2012
Last year, the U.S. exported 2.45 billion pounds of beef and imported 2.22 billion pounds. Although down 11.9% from the year before, 2012 beef exports were the fourth highest yearly total ever behind 2011, 2003, and 2000.
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Canada cattle report: Market hurt by stagnant beef demand
Stagnant beef demand continues to plague the North American cattle complex. Alberta direct fed sales however, were able to hold prices mostly steady with the previous week.
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Cattle herd trends and changes are under way
On Feb. 1, USDA released the much-anticipated January Cattle Inventory Report. The report itself was construed as moderately bullish for cattle prices in late-2013 and 2014.
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A bump in the road for cattle inventory dynamics
Current forecasts assume normal weather patterns in 2013—i.e., that the drought will dissipate this year.
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The incredible shrinking cow inventories
Since 2010, drought has reduced pasture availability, forcing cows to slaughter, feeder cattle out of Mexico, and feeder cattle into feedlots prematurely.
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Feeding beef cows in winter
Feeding beef cattle during the winter can be a challenging experience if being profitable is also one of your goals.
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- Ag markets moved generally higher Wednesday
- U.S. coal prices steadily increase value
- Angus breeders honored by the Beef Improvement Federation
- U.S. natural gas stocks are lower than last year
- Infrastructure limits ag export growth, economist says
- Beetles, housefly larvae open new frontier in animal feed sector
