The U.S. Drought Monitor shows drought coverage is now at its lowest level since spring of 2020, but USDA's topsoil moisture map shows it's still extremely dry in areas of the west and too wet in the east.
U.S. President Donald Trump said he thinks a conversation he had with China’s President Xi Jinping has had an impact on U.S. beef exports to China, where American exporters are now selling “a lot” of beef.
Japan is set to restore tariffs on frozen beef from the United States and other countries to usual levels from April 1, ending a hike put in place eight months earlier to protect domestic producers as an emergency.
Wednesday on AgriTalk ATBl, Don Close from Rabo AgriFinance talked with host Chip Flory about the demand side of the cattle and beef markets. He explained new trends in U.S. dining are helping to support beef demand.
Tuesday on AgriTalk ATB, Scott Varilek from Kooima & Kaemingk Commodities in Sioux Center, Iowa, told host Chip Flory that the structure of the cattle market is providing plenty of incentive to keep marketings current.
"Beef demand has been good, but it will have to remain robust or else we're going to continue to backlog cattle," Top Third Ag Marketing broker Jeff French said.
Growing demand for goat meat in the U.S. from ethnic minority groups and foodies has made an unlikely export superstar for Australian farmers, with exports surging to a record.
Strong prices are being reflected in strong cattle demand, and to Chip Nellinger of Blue Reef Agri-Marketing, the feedlots have the upper hand, while the packers are short bought.
Greg Henderson says the cash fed cattle market has rallied $4 to $5. Cash fed cattle prices jumped to $4 per cwt to $130 during Friday, with dressed sales in the north were $5 higher at $205 per cwt
With modest gains in the bred female category, both the young- to middle-aged bred cows and the aged bred cows saw January 2018 average prices higher than those of 2017.
Japan's biggest exporter of premium Wagyu beef, expects shipments to climb to a record as demand from Taiwan is set to triple and exports to Brazil may begin.
Brazil’s government has won a court decision allowing the export of live cattle, overturning an injunction obtained by an animal rights group, the Agriculture Ministry said on Monday.
Beans were down for the week, off new highs but closing lower than a week ago which gave us some technical signals. That’s important says Jerry Gulke, president of the Gulke Group, here's why.
The 97 steers that finished the Missouri Steer Feedout on Nov. 14 and Dec. 19 ended up with an average per head loss of $134.76. There were fourteen different owners from across the state in the feedout this year.
While corn, soybeans and wheat have seen some slight rallies in the last few years, prices have stayed relatively low. Record- or near record-breaking crops year after year hasn’t been much help to the price picture.
In a light test at auction, December bred heifers posted $13 per head gains over November averages and finished 2017 about $55 per head lower than 2016.
Feeder cattle and calves continued their fall rally in October, gaining 3% to 5% at auctions. Prices at the beginning of November are nearly 9% higher for both calves and yearlings than the August averages.
Market watchers weren’t too surprised to see increases in Friday’s Cattle on Feed report. But how fast the market is moving to handle the influx of cattle has been a shock for many.
Current cattle markets are a series of bad news-good news. Bad news—cattle prices pulled back last week. Good news—the jump in prices earlier this month has current levels at or above most expectations.