Grimes and Plain http://www.cattlenetwork.com/editorial/grimes-and-plain RSS Feed for Grimes and Plain en-us Fri, 24 May 2013 19:14:35 GMT Cattle Outlook: Crop report points to declining feed costs http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Crop-report-points-to-declining-feed-costs-200632771.html The grain stocks report indicated corn supplies might not be as tight this summer as previously thought. Pasture quality and availability will continue to be a concern for the coming summer. Cattle Outlook: Cattle on feed down nine consecutive months http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Cattle-on-feed-down-nine-consecutive-months-208859511.html The amount of beef in cold storage at the end of April, 510 million pounds, was down 0.2% from the month before and down 1.5% from a year ago. Cattle Outlook: Export beef demand starts 2013 higher http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Export-beef-demand-starts-2013-higher-198521671.html Domestic beef demand was up 2.8% in January and export demand was up 4.4%. Demand for fed cattle was down 0.7% due to wider packer margins than in January 2012. Cattle Outlook: Cattle, beef prices lower while corn futures soar http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Cattle-beef-prices-lower-while-corn-futures-soar-163217456.html Retail beef prices declined for the third consecutive month during June. The average price of beef in grocery stores during June was $4.932 per pound, down 3.3 cents from May, but up 12.3 cents from June 2011. Cattle Outlook: Beef cutout value, fed cattle prices improve http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Beef-cutout-value-fed-cattle-prices-improve-152076045.html Problems with sovereign debt in Europe have caused both the value of the Euro and stock markets to decline in value. Cattle Outlook: Cattle prices recover, beef cutout a bit lower http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Cattle-prices-recover-beef-cutout-a-bit-lower-150211175.html Cattle prices have weathered the announcement of a fourth U.S. cow with BSE quite well. The June live cattle futures contract ended the week at $115.37/cwt, up $2.52 from last Friday. Cattle Outlook: Fed cattle prices lower, packer margins improve http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Fed-cattle-prices-lower-packer-margins-improve-149288975.html The big news item for the week was USDA's announcement on Tuesday that a fourth U.S. cow with BSE (mad cow disease) had been found, this time in California. Cattle Outlook: Beef prices reach 2nd highest ever http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Beef-prices-reach-2nd-highest-ever-144008046.html The average price of choice beef at retail during February was $5.045 per pound, down 4.8 cents from the month before, but up 42.7 cents from a year ago. February's average beef price was the second highest ever. The last time beef prices were below year-ago was February 2010. Cattle Outlook: Beef demand up 4% in December, 1% for all of 2011 http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Beef-demand-up-4-in-December-1-for-all-of-2011-138218849.html Retail beef prices set a new record in December for the fourth month in a row. The average grocery store price for choice beef was $5.016 per pound, up 1.5 cents from November and 57.8 cents higher than in December 2010. Cattle Outlook: Cattle prices soar in 2011 on international trade http://www.cattlenetwork.com/editorial/grimes-and-plain/Cattle-Outlook-Cattle-prices-soar-in-2011-on-international-trade-137781453.html U.S. cattle prices were record high in 2011 and a good portion of the credit goes to international trade. The U.S. exported more beef in the first 11 months of 2011 than in any previous calendar year.