Markets
Markets: Replacement female prices stronger
Demand for breeding-age replacement females surged higher during April, despite unusually cool weather that delayed the grazing season.
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Beef export values climb
Increasing beef export values continued on lower volumes for February, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
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Economic Indicators: Production markets costs show improvement
Cattle prices have disappointed ranchers and feedyard operators since mid-winter, leaving the industry struggling with constant losses.
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Stocker/Feeder Markets: Demand weakens as spring arrives
Despite a late-month rally, all classes of stocker and feeder cattle posted declines during April, according to Drovers/CattleNetwork’s 50-market auction summary.
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Female prices stumble into spring
Demand for breeding-age females declined during March, a contra-seasonal trend. Despite some much-needed moisture in the Central Plains, females saw weaker bids at auctions across the nation.
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Stocker/Feeder Markets: Weak demand for stockers/feeders
Stocker and feeder markets ended March in decline. Most markets were fully $20 to $25 per hundredweight lower than last year, according to Drovers/CattleNetwork’s 50-market auction summary.
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Beef export value sets record in 2012
U.S. beef exports set a new value record last year, topping the mark established in 2011, according to USDA end-of-year statistics compiled by the U.S. Meat Export Federation (USMEF).
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Economic Indicators: Poor margins remain
Feedyards and packers continue their struggle with monumental losses.
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Stocker/Feeder Markets: Calves higher, yearlings lower
Stocker and feeder markets ended February with mixed results. Calf prices saw modest gains while yearlings posted modest losses, according to Drovers/CattleNetwork’s 50-market auction summary.
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Inventory lowest in 60 years
Two years of devastating drought pushed America’s cattle inventory to its lowest level in more than 60 years.
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Modest price gains during February
Demand for breeding-age females remains strong, and prices increased modestly during February.
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