Cattle Markets Building Momentum
Cattle & Beef Markets
Cattle Markets Building Momentum

Both fed cattle and boxed beef are poised to move higher as supply fundamentals tighten.

Mon February 13 2023

Weekly Market Overview for Week Ending 2/10/23
Cattle/Beef Prices
Weekly Market Overview for Week Ending 2/10/23

For the week, slaughter cattle in the South were 4.00 higher with trade in the North 6.00 higher. Feeder and stocker cattle were 2.50 to 6.00 higher respectively.

Sat February 11 2023

Consumer Sentiment Climbs to 13-Month High; Inflation Worries Persist
Economy
Consumer Sentiment Climbs to 13-Month High; Inflation Worries Persist

The index is the highest since January 2021.

Fri February 10 2023

2022 Record Year for U.S. Beef Exports; Pork Exports Finish Strong
Beef Exports
2022 Record Year for U.S. Beef Exports; Pork Exports Finish Strong

U.S. beef exports set annual records for both volume and value in 2022, according to year-end data released by USDA.

Fri February 10 2023

What does the Cattle Inventory Report means for markets in coming years?
Cattle Prices
What does the Cattle Inventory Report means for markets in coming years?

The first observation is that cattle prices are likely to increase and be strong for at least three years.

Fri February 10 2023

Cattle Market Sentiment is solidly 'Bullish'
Bullish/Bearish Consensus
Cattle Market Sentiment is solidly 'Bullish'

Sentiment continued its upward trend and is approaching 'Excessive'

Fri February 10 2023

2023 USDA Farm Income Forecast Erases 2022 Gains
Farm & Ranch Income
2023 USDA Farm Income Forecast Erases 2022 Gains

When adjusted for inflation, 2023 net farm income is expected to decrease $30.5 billion (18.2%).

Thu February 09 2023

U.S. Jobless Claims climb 13,000 to 196,000
Economy
U.S. Jobless Claims climb 13,000 to 196,000

Jobless claims are one of the first indicators of trouble when the U.S. is headed toward recession.

Thu February 09 2023

Current National Drought Conditions for Week Ending 2/7/23
DROUGHT
Current National Drought Conditions for Week Ending 2/7/23

This week, 41.88% of the lower 48 states are in drought.

Thu February 09 2023

K-State DVM’s explain FDA's New Antibiotic Distribution Regulations for Livestock
Animal Health
K-State DVM’s explain FDA's New Antibiotic Distribution Regulations for Livestock

Regulations cover all medically important antimicrobials that are used in food-producing and companion animals.

Thu February 09 2023

Rural Americans Aren’t Included in Inflation Calculation
Inflation
Rural Americans Aren’t Included in Inflation Calculation

Rural inflation is typically higher than urban inflation, with price increases lingering longer than in cities.

Wed February 08 2023

USDA 'WASDE' Report: Beef Production and Price Outlook for Cattle Raised; Corn Prices Unchanged
WASDE
USDA 'WASDE' Report: Beef Production and Price Outlook for Cattle Raised; Corn Prices Unchanged

For 2023, cattle prices are raised on expected strength in demand for fed cattle in the face of tightening feedlot numbers.

Wed February 08 2023

Smallest Cattle Herd In Eight Years: Will 2023 Set Record Prices?
Beef Cattle
Smallest Cattle Herd In Eight Years: Will 2023 Set Record Prices?

Feeder prices also very well may spike above 2014 record levels once producers shift to retaining heifers for herd rebuilding.

Wed February 08 2023

Chinese Demand for Beef in 2023
Beef Demand
Chinese Demand for Beef in 2023

It is fair to speculate that Chinese meat demand should see a notable improvement.

Tue February 07 2023

Legislation to Keep Foreign Adversaries out of U.S. Agriculture
Legislative
Legislation to Keep Foreign Adversaries out of U.S. Agriculture

Foreign entities own 40.8 million acres of U.S. agricultural land, or 3.1% of the country’s privately owned land.

Tue February 07 2023

Groups file lawsuit to stop Farmers from giving Low-Dose Antibiotics
Animal Health
Groups file lawsuit to stop Farmers from giving Low-Dose Antibiotics

The classes of antibiotics identified include macrolides, lincosamides, penicillins, streptogramins, tetracyclines, aminoglycosides and sulfonamides.

Mon February 06 2023

Feeder & Stocker Cattle Marketings for the week ending 2/4/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 2/4/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 10.5% below the 3 Year Average.

Mon February 06 2023

Ranchers warn Foot & Mouth Disease could cross the Southern Border and 'Decimate' the Cattle Industry
Foot & Mouth Disease
Ranchers warn Foot & Mouth Disease could cross the Southern Border and 'Decimate' the Cattle Industry

Ranchers are afraid foot and mouth disease, a highly contagious virus affecting livestock like cows and sheep, could cross the southern border.

Mon February 06 2023

Weekly Market Overview for Week Ending 2/3/23
Cattle/Beef Prices
Weekly Market Overview for Week Ending 2/3/23

For the week, slaughter cattle were steady while feeder and stocker cattle traded higher. Live Cattle futures and Feeder Cattle futures were higher.

Sat February 04 2023

Scientists in China are cloning "Super Cows"
Cattle Cloning
Scientists in China are cloning "Super Cows"

The cows will be capable of producing 50% more milk than the average American cow.

Fri February 03 2023

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