Plain and Brown

Cattle Outlook: USDA reduces 2012 meat production by 5 percent

USDA's November crop report lowered their estimate of the 2011 corn crop yield by 1.4 bushels to 146.7 bushels per acre. FULL STORY »

Cattle Outlook: Fed cattle prices higher this week

Japan is moving to increase from 20 months or younger to 30 months or younger the allowable slaughter age of U.S. and Canadian cattle that can supply beef to Japan. FULL STORY »

Cattle Outlook: Placements of cattle under 600 lbs up 34% in Sept

USDA's October cattle on feed report said that the number of cattle on feed on October 1 was up 4.9% compared to a year earlier and above year-ago for the 17th consecutive month. This year's October 1 on feed number is the highest for that date since 2006. FULL STORY »

Cattle Outlook: Cattle on feed report slightly bearish

USDA's October cattle on feed report was slightly bearish. It said that the number of cattle placed on feed during September was up 0.2% and marketings were up 0.6%, leaving the number on feed October 1 up 4.9% compared to a year earlier. FULL STORY »

Cattle Outlook: Fed cattle futures move higher, Corn futures lower

USDA’s latest corn stocks report came in well above trade expectations, pushing corn prices still lower. USDA says September 1 corn stocks totaled 1.128 billion bushels, down 34% from a year earlier, but up 17% compared to trade forecasts. That’s good news for livestock producers. FULL STORY »

Cattle Outlook: August beef in cold storage, steer slaughter higher

USDA says that 0.8% fewer cattle were placed on feed this August than last. They report that August marketings of fed cattle were up 6.5%, in part due to one extra slaughter day. FULL STORY »

Cattle Outlook: 2012 red meat production to be lowest since 2009

The average price of choice beef at retail during August was $4.872 per pound, up 9.1 cents from the month before, up 49.8 cents from August 2010, and tied with the record set in May. FULL STORY »

Cattle Outlook: July beef exports 33 percent higher than a year ago

Beef exports during July totaled 272 million pounds, up 33.3% compared to a year ago and quite likely the largest monthly beef exports ever. FULL STORY »

Cattle Outlook: Job report, economy impacts future meat demand

Boxed beef prices were lower this week. Friday morning the choice boxed beef carcass cutout value was $181.58/cwt, down $5.04 from last week. The select carcass cutout was down $7.38 from the previous Friday to $173.04 per hundred pounds of carcass weight. FULL STORY »

Cattle Outlook: Drought moves calves to feed yards early

The severe drought in the southern plains is pushing a lot of cows to slaughter and calves into feed yards. Over the last five weeks beef cow slaughter is up over 20% compared to a year ago. FULL STORY »

Cattle Outlook: June beef exports up 19 percent led by Japan

International beef trade continues to be a big factor in this year's record cattle prices. During the first half of 2011, 10.3% of U.S. beef production was exported and imports equaled 8.1% of production. FULL STORY »

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