As previously announced, Pneu-Dart will be sponsoring a one-hour prime time program on the application of remote drug delivery for free range cattle which will air on RFD-TV December 14, 2015. The broadcast will consist of a roundtable discussion on the use of remote drug delivery with one of the many topics focusing on the importance of a Veterinarian-Client-Patient-Relationship (VCPR) when administering medication.
Choice boxed beef prices saw a jump of $1.61 today to hit $204.97. This rise brought the 27-day average to $223.91. Select boxed beef also saw an increase from $197.74 on Wednesday to $198 on Thursday. This 26-cent jump brought the 27-day average price to $216.93.
Choice primal rib saw a large increase in price, hitting $311.34 after a $11.06 jump. Choice primal loin saw the next largest jump of $2.11 to hit $275.68. Choice primal brisket saw the largest fall of $1.34 to $132.56.
By Aimee Nielson, University of Kentucky Extension
Cattle producers have benefitted from high calf and feeder prices in the not too distant past. More recently, however, cattle markets appear to be weakening, and farmers are wondering just how low the prices could go.
By Derrell Peel, Oklahoma State University Extension
U.S. beef imports were up 32.5 percent in the first seven months of 2015. This follows a beef import increase of 31 percent year over year in 2014. The 2014 beef import total was the highest level since 2007 and, at the current pace, total 2015 beef imports could be a new record high.
Corn futures were lower early Thursday morning after the pre-WASDE routine this week by managed money of buying and consolidating, then profit-taking and technical selling, now ratcheting back and positioning just over 24 hours from the report release.