USDA Market News

USDA’s Corbitt Wall: Record prices at sales all over the country Play video

There were big receipts of spring-born calves during this fall run. Remaining supplies of green-conditioned yearlings on hand are selling firm to $3 higher. FULL STORY »

Corbitt Wall: Fall-run has reached its peak Play video

Demand remains generally good for the inflated calf offerings but trading activity varied widely as to geographic region with a wintry storm curtailing price levels in the upper Midwest and Northern Plains. FULL STORY »

Feeder Cattle Market: Yearling feeders steady in light test

Compared to last week, steer and heifer calves sold unevenly steady to 5.00 higher and yearling feeder cattle traded mostly steady in a light test. FULL STORY »

USDA’s Corbitt Wall: Yearling feeders sell steady to 3.00 higher Play video

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 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 »

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