09/04/2012 6:00:00 AM2013 should be a record year for U.S. agricultural exports, including significant growth in beef exports, according to USDA projections. Last week’s trade outlook report from USDA indicates U.S. 2012 ag exports, while strong, will fall somewhat short of those during 2011. Next year though, strengthening global economies will help fuel export growth for most U.S. agricultural products. ... Full story.
08/16/2012 2:50:00 PMTexas ranchers considering restocking options should think profitability first and foremost before writing a check, according to a Texas AgriLife Extension Service economist. ... Full story.
08/09/2012 3:05:10 PMThe livestock industry is taking a direct hit by this summer’s drought, and that will impact consumers’ wallets next year, says a University of Missouri agricultural economist. ... Full story.
08/07/2012 2:25:00 PMDerrell Peel provides analysis of the world livestock markets and offers strategies and insight into successfully navigating these markets. In this segment, Derrell compares this year's drought impact on cattle prices to the same period last summer. He also offers advice to producers with adequate forage capacity who want to purchase cattle. ... Full story.
07/31/2012 2:39:05 PMMaggie O'Quinn, Certified Angus Beef LLC staffer and U.S. Meat Export Federation executive board member, talks about the push-pull of international demand for high-quality beef. ... Full story.
07/24/2012 3:29:54 PMThe USDA National Agricultural Statistics Service (NASS) released both the monthly July Cattle on Feed report for feedlots with capacity of 1,000 head or more; and the semi-annual July Cattle report, which reports the inventory of all classes of cattle including cattle on feed in all feedlots. ... Full story.
07/31/2012 11:07:25 AMBy now you are probably aware that this past year was the smallest calf crop since 1950. Feedlot numbers had been holding their own due to drought, heifer feeding and general pulling ahead of cattle. ... Full story.
07/23/2012 11:25:28 AMThe continued worsening of the drought has cattle markets on the defensive in just about every respect. Loss of forage and reduced hay production is causing early feeder cattle sales and additional cow culling. The signs of additional beef herd liquidation are everywhere; the mid-year total cattle inventory is down 2 percent while the beef cow herd is down 3 percent. Though beef cow slaughter is down over nine percent from last year, cow culling still exceeds heifer placement and the herd continues to decline. ... Full story.
07/18/2012 1:13:32 PMA corn price increase of the magnitude that we have seen over the last month has major implications for related markets including, naturally, livestock markets. The broad strokes of the adjustments that take place in the livestock and poultry sector are easy to understand: higher corn prices drive up feed costs and higher feed costs result in lower production of livestock-related products (beef, pork, chicken, dairy products, eggs, etc.). ... Full story.
07/17/2012 1:13:36 PMThis year’s drought is more detrimental overall because areas affected by last year’s drought have not been able to recover. As a result, corn prices have moved sharply higher and cattle prices have begun to drift lower. ... Full story.
07/16/2012 12:58:13 PMWidespread drought conditions so far in 2012 are clearly a large contributor to the current weakness in the cattle complex. There are numerous reports of early marketings of feeder cattle and cow liquidation which leaves no doubt that the drought is impacting cattle inventories and flows. However, the magnitude of these changes in cattle numbers is not clear yet so it is difficult to assess just how much impact might carry over into 2013. It is always difficult to determine drought impacts as they happen because one is never sure what would have happened in the absence of drought. ... Full story.
07/04/2012 5:15:00 AMStakeholders throughout the cattle industry are prudently pondering implications of deteriorating pasture conditions, weather impacts on grain markets, etc. as they attempt to assess the current cattle market complex. ... Full story.
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10/19/2012We’re buying young cow from drought stricken ranches and moving them to ours. Do we co-mingle or segregate for how long? Full story.
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