Latest News From MARKETS

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.

As the political discussions continue, it’s important to not lose sight of the basic economic principles that are the foundation for all trade.

Gardiner Angus Ranch’s 39th annual spring production sale saw a total of 809 lots sold for a total of $6,004,100, with an average of $7,242.

A midweek rally helped to keep cash prices in the north slightly firmer than those in the south.

The cattle feeders taking advantage of the positive basis, the trend for several weeks now, was again the catalyst for last week’s trade. 

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.

The feeders’ ability to hold steady or gain in the market may not come until mid-April.

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.

Joe Vaclavik, president of Standard Grain, talks to Tyne Morgan about the cattle markets.

The world's largest cattle feeder has officially been purchased by Pinnacle Asset Management for $200 million.

Beef demand continues to be steady to higher.

The January report from the U.S. Meat Export Federation (USMEF) showed Japan is maintaining a large appetite for U.S. beef products.

"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.

Bred heifers found average gains of $50 per head in February 2018.

A $2 per cwt. dip in cash cattle prices cut $32 of closeout margins last week, but added $46 to packer margins.

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.

Cattle on feed numbers increased 8% during January.

The strong start for beef and cattle markets is encouraging but plenty of challenges remain in 2018.

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.

The strong start for beef and cattle markets is encouraging but plenty of challenges remain in 2018.

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

Rising futures prices encouraged packers to raise bids $4 per cwt. on market-ready cattle.

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. 

Feedyard closeouts improved $55 per head last week after a $4 price rally.

Japan’s imports of U.S. beef jump on strong demand and higher yen.

Cattle on feed in feedlots with more than 1,000 head capacity totaled 11.5 million head, 8% higher than last year.

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.

Block Trades Come to Agriculture, Sparking Transparency Concern

Temperatures seen 15 to 25 degrees below normal, NWS says.

Brazilian officials expect to resume fresh beef exports to the United States in early 2018.

Crop protein content ties for lowest in decades on bad weather.

Cargill Goes Tech With Plan to Nurture New Wave of Food Startups

Could dinner talk help bust through a NAFTA impasse?

The U.S. is on track to import more cattle from Mexico and Canada in 2017 than a year ago.

Billions in breaks for energy sought in ‘tax extenders’ bill.

Holiday buying is starting to slow down at retailers, but cattle prices are still hanging tough.

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.

Across the nation there was a continuing trend of strength in the bred female markets in October and weakness in other classes.

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.

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JBS Says It's Done With Asset Sales as Earnings Boost Outlook

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.

U.S. Is Said to Propose Freezing Mexican Trucks Out of New Nafta