Greg Henderson

Auction receipts 35 percent lower on prices, winter storm

Auction markets saw declining cattle numbers last week on lower expected prices and a major winter storm across the Central Plains. Markets were called unevenly steady at $3 lower to $3 higher. FULL STORY »

Commentary: Should we feed the bears?

Polar bears are in danger of extinction and are rapidly becoming the de facto poster-boy for Global Warming. Their demise may adversely affect public perception of livestock production. FULL STORY »

Cattle feeding losses nearly double as cash market drops

A $2 per hundredweight decline in cash cattle prices last week significantly increased losses on harvest-ready cattle. Pork producers also saw losses increase as negotiated cash sales declined nearly $4 per hundredweight. FULL STORY »

Drought worries cure grass fever – stocker, feeder cattle lower

Continuing drought across the Central Plains has removed much of the optimism from grazing cattle markets. Last week buyers sat on their hands as stocker and feeder cattle prices moved lower on all classes. FULL STORY »

Drug residue fears widen European horsemeat scandal

Authorities believe meat from six horses treated with phenylbutazone were included in products sold to European consumers as beef. European officials continue to investigate the horsemeat scandal, and have implemented new control measures. FULL STORY »

Feeders, packers trudge through another dismal week

Cattle feeders and beef packers have seen enough red ink, but they’ve been unable to push the markets or gain enough leverage to ease their pain. Something’s got to give. FULL STORY »

Expect high prices, low returns

Despite a market poised to deliver what could be record-high prices, profits remain elusive. Cattle-Fax CEO Randy Blach delivered the sobering news to cattlemen during last week’s Outlook Seminar in Tampa. FULL STORY »

Packer losses exceed $100 per head, feeding margins improve

Beef packers saw their losses jump more than $40 per head last week while cattle feeders saw margins improve modestly. Pork producers and pork packers also saw their margins decline for the week. FULL STORY »

Warm, dry spring and a developing La Niña are forecast

Meteorologist Art Douglas says the cooling of Pacific Ocean waters will support expansion and intensification of drought conditions in the West and Central Plains through spring. FULL STORY »

Prices for lightweight cattle provide week’s only bright spot

Green grass may be weeks away, but backgrounders were in the market last week seeking light cattle for grazing programs. Heavy feeder cattle found weaker demand as cattle feeders continue to struggle with significant losses and soft fed cattle prices. FULL STORY »

Drought relief for a few, rain in the forecast

Drought conditions are easing in the eastern Corn Belt, but the Great Plains are still locked into an historically dry pattern. Meteorologists are predicting storms for later this week that could provide some relief to the Plains. FULL STORY »

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