USDA Market News
Feeder cattle review: Cool weather keeps calf buyers at bay
Compared to last week, yearling feeder cattle opened the week steady to 3.00 lower but turned mostly 3.00-6.00 lower by week’s end.
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Feeder cattle review: Spring weather fuels cash and feeder demand
Volatility is the only rule that feeder markets abide lately with demand rarely driven by sound fundamentals, just as this past week’s weekly session totally ignored last Friday’s bearish placement figures on the cattle-on-feed report.
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Feeder cattle review: Improved weather prompts grass fever
Compared to the last good test which was actually three weeks ago as two major snowstorms limited commerce throughout most major cattle production areas, feedlot replacements sold weak to 5.00 lower.
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Feeder cattle review: Storm, price levels lighten receipts
Compared to last week’s sharply lower market, feeder cattle and calves traded unevenly steady and mostly within a range of 3.00 lower to 3.00 higher.
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USDA’s Corbitt Wall: Feeder steers, heifers plummet
Compared to last week, feeder steers and heifers weighing over 650 lbs sold 4.00-8.00 lower with many instances as much as 12.00 lower especially in the Northern Plains. Calves under 650 lbs traded fully 5.00 to 15.00 lower with the driest areas quoting lightweights as much as 20.00 lower and the popular 500 lb calf seeing the full decline.
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Feeder cattle review: Dryness puts downside pressure on market
Compared to last week, feeder steers and heifers weighing over 650 lbs sold 4.00-8.00 lower with many instances as much as 12.00 lower especially in the Northern Plains.
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Feeder cattle review: High corn costs weakens demand for feeders
Compared to last week, yearling feeder cattle sold 2.00-4.00 lower in the auctions with direct sales very limited due to the sharp losses on the CME cattle futures over the last two weeks.
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USDA’s Corbitt Wall: Onset of summer pressures lightweight calves
Compared to last week, yearling feeder cattle sold mostly steady to 1.00 higher with most of the slight gains seen in Southern Plains direct sales. Steer and heifer calves traded steady to 3.00 lower with the bulk of this week’s transactions on plainer quality consignments offered in smaller lots with no pedigree or reputation.
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Feeder cattle review: Direct slaughter cattle sales ended lower
Compared to last week, yearling feeder cattle sold mostly steady to 1.00 higher with most of the slight gains seen in Southern Plains direct sales.
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USDA’s Corbitt Wall: Calf prices trend unevenly
Compared to last week, yearling feeders sold mostly steady with instances as much as 2.00 higher.
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Feeder cattle review: Dry conditions limit demand for yearlings
Compared to last week, yearling feeders sold mostly steady with instances as much as 2.00 higher. Calf prices continued to trend unevenly, from 5.00 lower to 5.00 higher with the full declines posted in the drier areas of the Southeast.
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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
- NASA backs 3D food printer to feed growing population
- More beef cows in worst drought regions than a year ago
- Post-tornado composting a solution for disposal of dead livestock
