The USDA released the January Cattle on Feed report last Friday, providing a glimpse of cattle numbers to start the new year. There were 11.9 million head of cattle and calves on feed as of January 1. A two percent increase from the same time last year. 7.2 million head were steers and steer calves, accounting for 60 percent of …
What Cow Herd Expansion Could Look Like in 2024
The Weather pattern over the last several years has brought dry soil and record low cow numbers. Risk management in mind and an eye on other input costs, Dr. Scott Brown, University of Missouri Professor and Market Analyst shares more on what herd expansion and prices may look like for the coming year.
Manage the Risks in 2024
2024 has lots of potential both positive and negative. Volatile markets and unpredictable weather patterns directly impact producer’s pockets. I visited with Dr. Scott Brown, University of Missouri Professor and Market Analyst for a 2024 livestock outlook.
Fall Cattle Market Outlook
by Will Jordan As hints of cooler weather are beginning to appear, the heat of cattle prices remains steady. Looking into the fall, marketing calves and rebuilding the cowherds are on the minds of many producers. To help inform marketing decisions, AgNet visited with Holden Ramey, cattle market analyst from CattleFax, for a Fall cattle market forecast.
Rebuilding the Cowherd: The Road Ahead
by Will Jordan Following record culling numbers in 2022, cattle prices are seeing all-time highs. As producers begin to rebuild the U.S. cowherd, it will be a slow process. According to Holden Ramey, Analyst with CattleFax, strong cattle prices may be here for a while.
AFBF Urges Close Examination of Livestock Markets
(AFBF) — Extreme volatility in livestock markets is raising red flags across the country, leading the American Farm Bureau (AFBF) to urge the Commodity Futures Trading Commission, the U.S. Department of Agriculture and the Chicago Mercantile Exchange to leave no stone unturned as they monitor and analyze market activity. American Farm Bureau President Zippy Duvall applauds Agriculture Secretary Sonny Perdue …
NCBA Commends Secretary Perdue For Swift Action In Expanding Investigation Into Cattle Markets
(NCBA) — NCBA President Marty Smith released the following statement on United States Department of Agriculture (USDA) Secretary Sonny Perdue’s announcement of expanding the agency’s investigation into cattle markets: “I would like to thank President Donald Trump and Agriculture Secretary Sonny Perdue for their quick response to NCBA’s request to expand the agency’s investigation into cattle markets. Secretary Perdue’s decision …
Markets Expected to Continue Strong; Leverage Shift on the Horizon
During the first half of 2019, the United States will see a shift away from El Niño conditions as equatorial ocean currents begin to cool into the summer, Art Douglas, Ph. D., professor emeritus at Creighton University, told the audience during the popular 2019 CattleFax Outlook Seminar today. The session, held as part of the 2019 Cattle Industry Convention and …
GAO Issues Report on Cattle Markets
A report by the Government Accountability Office (GAO) shows supply and demand factors, such as a drought that affected the price of cattle feed, affected changes in prices of fed cattle—those ready for slaughter from 2013 through 2016. The price of fed cattle has fluctuated widely from 2013 through 2016 and experienced a sharp downturn beginning in late 2015, raising …
Weekly Livestock Market Report
Here are the Alabama and Georgia livestock market reports for the week ending August 25th, compiled by the Livestock Market News Service for both states. AL Livestock Market Report: At Alabama Livestock Auctions for the week ended August 25, 2017, receipts at 21 markets totaled an estimated 12,500 head compared to 16,177 last week and 12,540 a year ago. …