USDA Market News

Market Report: Backgrounders seeking more calves in tight supply

Compared to last week, a light test of yearling feeders sold steady to 3.00 higher while calf prices were very uneven with lighter weights ranging firm to 5.00 higher and heavier calves selling from weak to 3.00 lower than last week’s sharp advances. FULL STORY »

Market: Steer and heifer calves make up majority of offerings

Compared to last week, steer and heifer calves which now by-far make up the bulk of the feeder offerings sold 3.00-6.00 higher with instances from 8.00-12.00 higher especially in the Western Mountain States where reputation high altitude ranch strings are making their way to town. FULL STORY »

Corbitt Wall: Yearling supplies have evaporated quickly Play video

Compared to last week, feeder classes traded higher on a full head of steam from the previous Friday’s bearish grain report and 5.00 higher fed cattle market. FULL STORY »

Tight numbers should only cause demand to increase further

Compared to last week, feeder classes traded higher on a full head of steam from the previous Friday’s bearish grain report and 5.00 higher fed cattle market. FULL STORY »

Corbitt Wall: Near term pressure on current on-feed inventories Play video

Optimism for the long term future of commercial cattle production sparred with near term pressure over current on-feed inventories, continuing drought struggles, and health issues with changing weather patterns to result in wide price trend spreads. FULL STORY »

Global economy concerns pressure cash cattle prices

Compared to last week, feeder cattle and calf prices were very uneven and very regionalized with the only consistency being that Thursday’s collapse of commodity markets from global economy concerns definitely pressured cash prices. FULL STORY »

Corbitt Wall: Feedlots have above average inventory of lightweight calves Play video

Compared to last week, the bulk of the yearling sales were unevenly steady to weak with downside pressure prevailing early in the week and several mid-to-late week auctions quoting higher prices. FULL STORY »

Heavy offerings of unweaned calves meet light demand

Compared to last week, the bulk of the yearling sales were unevenly steady to weak with downside pressure prevailing early in the week and several mid-to-late week auctions quoting higher prices. FULL STORY »

USDA’s Corbitt Wall: Fed cattle market flexed its muscle trading higher Play video

Compared to last week, limited holiday receipts of feeder steers and heifers sold mostly steady to firm while calves under 600 lbs traded steady to 2.00 lower. FULL STORY »

Expect feeding supplies to be a burden for cow/calf producers

Compared to last week, limited holiday receipts of feeder steers and heifers sold mostly steady to firm while calves under 600 lbs traded steady to 2.00 lower. FULL STORY »

USDA’s Greg Harrison: Producers facing tough decisions with high feed cost Play video

There are plenty of livestock producers who are hoping the corn harvest turns out better than some of the recent predictions as last week the Pro Farmers Tour pegged this year's crop at 147.9 bushels were not encouraging. FULL STORY »

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