Markets
U.S. beef export values rise
U.S. beef exports are down so far this year, but April was the strongest month to date. Through the first four months of 2012, U.S. beef exports totaled 766,224 pounds, a decline of nearly 11 percent compared to the same period last year.
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Stocker/Feeder markets: Calves weaker, yearling prices steady
Both calf and yearling prices peaked during March, and both posted declines during April.
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Cow-calf pairs higher, bred females softer
Gauging female-market trends with April auction data requires acknowledging the fact that the quality of offerings was lower.
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Softer prices and declining margins
All classes of cattle and calves saw lower prices last month, and both feeding and packing margins declined substantially.
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April stocker/feeder prices move lower
Stocker/feeder prices reached a peak in March and drifted lower through April, according to Drovers/CattleNetwork’s 50-market auction summary.
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Beef exports remain strong
Officials do not anticipate a disruption in U.S. beef exports due to last month’s discovery of a BSE-infected cow in California.
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Bred females lower, other classes higher
Despite strong demand for grazing cattle and a softening corn market, prices for bred females declined during March.
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Indicators struggling into spring
Higher average cash cattle prices helped pull feedyard profit margins to modest levels during March, but other indicators keep the industry outlook in a cautionary stage.
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Stocker/feeder records continue to fall
Despite mid-month weakness in stocker/feeder markets, monthly averages reached new record highs in Drovers/CattleNetwork’s 50-market auction summary.
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Rising beef prices fail to slow U.S. beef exports
Rising beef prices have not slowed U.S. beef exports.
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Economic Indicators: Profit margins weigh on indicators
Cash cattle prices reached new record highs again during February, but dismal profit margins for feedyards and packers keep the overall industry outlook in a cautionary stage.
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- Commentary: New rules un-COOL
- Former Eastern Livestock CEO, CFO sentenced for federal crimes
- TSCRA works with sale barns to catch Houston cattle thief
- More beef cows in worst drought regions than a year ago
- NASA backs 3D food printer to feed growing population
- Post-tornado composting a solution for disposal of dead livestock
