Today's lucky Instagrammer is artist, Margo Geddes for taking this awesome picture of traveling cattle with an amazing view of the mountains. See more picture of nature on her Instagram page @whiteantlerflowers!
Choice boxed beef dropped again Wednesday to $232.67. The 53-cent decline brought the 27-day average price to $242.20. Select boxed beef prices saw a 30-cent fall, bringing the 27-day average price to $238.58.
Choice primal rib saw the largest fall on Wednesday, dropping $3.41 to hit $321.14. Choice primal short plate was not far behind with a fall of $2.67. Choice primal loin was the only cut to not fall, increasing $3.64 on Wednesday.
Students interested in a career in the beef industry now have the chance to win a The Cattlewomen Beef Legacy Scholarship from the Nebraska Grape and Sizzle Committee and the Lincoln County Cattlewomen.
By Andrew Griffith, University of Tennessee Extension
Readers of this article likely read popular press articles or attend educational meetings where Dr. Gary Bates, Dr. Justin Rhinehart, Dr. Lew Strickland, or others introduce new ideas and practices that could benefit cattle producers. None of the three specialists specifically named write those articles or conduct those meetings to hear themselves talk. All three educators truly want to see beef cattle producers improve production efficiencies, profitability, and become better stewards of available resources. They know helping improve a person’s operation will help improve the beef cattle herd across the state which is one of their goals.
Retail gas prices saw an average fall of six cents this week, with the average price in the United States sitting at $2.61. The 27-day average price now sits at $2.46.
The Midwest region saw the largest fall this week of nine cents to hit $2.57, bringing the 27-day average price to $2.43. Most regions saw a five-cent drop, including the New England, Central Atlantic and Gulf Coast regions. Only the Rocky Mountain region saw an increase this week of one cent.
Live cattle, feeder cattle and lean hog prices all saw no change from Monday to Tuesday this week, sitting at $143.35, $209.78 and $78.28, respectively.
Corn prices dropped 20 cents from $3.93 to $3.73. The 27-day average price is now at $4.05. Wheat fell as well from $5.12 to $5.03 from Monday to Tuesday. The 9-cent drop brought the 27-day average price to $5.54.
Improved corn condition ratings, a mostly favorable weather outlook, are macro-economic uncertainties kept the grain markets under pressure in the overnight session after they lifted Tuesday in part due to a rebound in the U.S and Chinese stock markets.