June Cattle on Feed report

USDA Reflects on June Cattle on Feed Report

The June cattle on feed report showed trend changes from previous months. USDA livestock analyst Michael McConnell shared his thoughts on the June report. “11.68 million head of cattle on feedlots with a capacity larger than a thousand head. That was 2% higher than this time last year. There was 1.7 million head of cattle placed in feedlots during May. …

Hassey Brooks

Cattle Markets Reacting To NWS Detections

It’s been interesting to watch live cattle and feeder cattle futures reaction to confirmation of a screwworm (NWS) case in Texas last week. A newborn calf in southern Texas, the first confirmed case in the U.S. since 1966. Now, on the surface, one would expect a very negative market reaction, but so far, Trader is looking at further tightening of cattle numbers, lower beef …

Cattle on Feed Report

Live and Feeder Cattle Reports

Expanded trading limits for live cattle and feeder cattle went into effect on Monday, and although limits have not been tested this week, live cattle and feeder cattle continue under pressure.  We look at August live cattle, major support now. We think coming in around 2.33, 2.32. August has hit near that level twice since the 1st of April and …

pork exports

Central America Growing Exports Market For US Pork and Beef

Central America is expected to continue to be a growing market for U.S. Pork and Beef according to Ricardo ZĂşniga, featured speaker at the U.S. Meat Export Federation (USMEF) Spring Conference in Oklahoma City last week. ZĂşniga, focused on the role that the Dominican Republic – Central America Free Trade Agreement will play in these exports. “The most important story …

cattle on feed

Cattle on Feed Placements Expected To Be Up

Bottom Line analysts join others suggesting we may see increased cattle placements and increased cattle numbers in the on-feed report this afternoon. Current estimates show total cattle on feed in April could be up two, two and a half percent this afternoon. Placements during April up seven, maybe eight percent. That would be the first month-over-month increase in placements in over two years. Cattle …