Drovers Cattle Network Cattle Network

Click here for navigation menu

Search form



Cattle Markets: Correcting the correction?

There are encouraging signs that fed and feeder cattle markets have turned the corner on the massive slide in prices in recent weeks. Notice that I didn’t say “correcting the overcorrection”. What has happened, especially for fed cattle markets, was a necessary correction to provide the market signals to fix a problem that developed over several months due to a lack of proper market signals.


Current market impacts on future cow herds

Anyone who follows beef cattle markets closely is well aware of the price volatility that currently is in place. No better example of this is the cash fed cattle market. Current fed cattle prices are just now falling below prices seen two years ago in 2013. During the past two years, the fed cattle market has experienced two of the most extreme moves in the history of the cattle market.


Weekly Outlook: Is the corn crop overestimated?

The USDA's October 9 Crop Production report forecast the 2015 U.S. corn crop at 13.555 billion bushels, 30 million bushels smaller than the September forecast and 660 million bushels smaller than the 2014 crop. The U.S. average corn yield is forecast at 168 bushels, 0.5 bushel above the September forecast, and harvested acreage is forecast at 80.664 million, 437,000 below the September forecast.


Morning Farm Report: Cattle prices increase

Live cattle prices increased $1.15 on Monday to hit $131.93, bringing the 27-day average price to $133.90. Feeder cattle prices jumped on from $188.98 on Friday to $189.38 on Monday. The 40-cent increase brought the 27-day average price to $191.01.

Lean hog prices are also up, jumping 47 cents to $74.30. This brought the 27-day average to $71.16.

Both corn and wheat saw a two-cent decrease, falling to $3.81 and $5.07, respectively. 


Boxed Beef Report: Beef prices up

Choice boxed beef prices jumped $1.35 cents on Monday, hitting $204.32. The 27-day average price now sits at $221.11. Select boxed beef prices rose from $197.93 on Friday to $199.01 on Monday. The $1.08 increase brought the 27-day average price to $214.49.

Choice primal brisket saw the largest incerase of $2.71, reaching $134.04. Choice primal round was not far behind with a $2.29 increase to hit $183.40.

Choice primal flank and choice primial rib were the only primial values that saw a fall, decreasing $1.09 and 36 cents, respectively. 

Events and Contests

Nov. 13 deadline for producer grants

Farmers and ranchers who have always wanted to try something new or innovative but did not have the money to do so now have an opportunity from the U.S. Department of Agriculture, (USDA) through the Southern SARE’s Producer Grants Program.

Events and Contests

St. Onge Livestock to host World Livestock Auctioneer Championship qualifier October 16

St. Onge Livestock, 11693 Sale Barn Rd., St. Onge, S.D., will host the first of three qualifying events for the 2016 World Livestock Auctioneer Championship (WLAC). The western regional qualifying event is October 16 beginning at 9:00 a.m. MST. A total of 22 contestants will compete for a top 10 placing, granting them a spot in the 2016 WLAC at Paris Stockyard in Paris, Ky.


to our redesigned homepage!

Scroll Down for more stories