U.S. adds robust 223,000 jobs in December; Wage growth slows
Economy
U.S. adds robust 223,000 jobs in December; Wage growth slows

Investors worry a strong labor market will push the Fed to take sterner measures to slow the economy.

Fri January 06 2023

CoBank: Economic Slowdown; Tighter Farm Margins Ahead
Profit/Loss
CoBank: Economic Slowdown; Tighter Farm Margins Ahead

The farm sector appears to be on a path of tighter financial conditions in 2023.

Fri January 06 2023

Weekly Cattle Market Sentiment: Bearish Early; Bullish by Week's End
Bullish/Bearish Consensus
Weekly Cattle Market Sentiment: Bearish Early; Bullish by Week's End

The theory behind the "Bullish/Bearish Consensus" indicator is when the public reaches a consensus, they are usually wrong:

Fri January 06 2023

CRIME WATCH: Heifers Missing in Grayson County, TX
Cattle Theft
CRIME WATCH: Heifers Missing in Grayson County, TX

25 Brangus bred heifers are missing in an unincorporated area of Grayson County, TX.

Fri January 06 2023

USDA Funds Meat Processing Expansions
Beef Processing
USDA Funds Meat Processing Expansions

USDA Awards Meat Processing Grants, Loan Guarantees to 25 Projects in 15 States

Thu January 05 2023

ADP says 235,000 Private-Sector U.S. Jobs created in December
Economy
ADP says 235,000 Private-Sector U.S. Jobs created in December

The Fed wants to see a hiring slow-down to ease the upward pressure on wages.

Thu January 05 2023

Current National Drought Conditions for Week Ending 1/3/23
DROUGHT
Current National Drought Conditions for Week Ending 1/3/23

As of January 3, 2023, 38.67% of the U.S. and Puerto Rico and 46.26% of the lower 48 states are in drought.

Thu January 05 2023

Consumer Price Index (CPI) and Retail Meat Prices
Consumer Price Index (CPI)
Consumer Price Index (CPI) and Retail Meat Prices

The meats CPI data increased at a much slower rate compared to the double-digit rates that were seen at the beginning of the year.

Thu January 05 2023

Fed Minutes show Interest-Rate Cuts Unlikely in 2023
Interest Rates
Fed Minutes show Interest-Rate Cuts Unlikely in 2023

Seventeen of 19 Fed officials said they expected rates to rise above 5% this year.

Thu January 05 2023

The Beef: How We Doin’?
The Beef
The Beef: How We Doin’?

So it may seem like the market is starting 2023 at ‘high prices’, but much higher prices are coming.

Wed January 04 2023

Cutter Cow Values could reach Record Highs in the next 2-3 years
BEEF COWS
Cutter Cow Values could reach Record Highs in the next 2-3 years

The next two years’ product availability is expected to be substantially smaller than in 2021 and 2022 as cow slaughter pulls back.

Wed January 04 2023

NCBA Statement On New WOTUS Rule
WOTUS
NCBA Statement On New WOTUS Rule

EPA’s final rule seeks to directly preempt ongoing Supreme Court litigation, leaving farmers and ranchers with more questions than answers.

Wed January 04 2023

Factory Activity shows weakness in December
Economy
Factory Activity shows weakness in December

The weakness in the factory sector is spreading to more and more industries.

Wed January 04 2023

Farmer Sentiment Rebounds at Year End on Stronger 2022 Income
Ag Barometer
Farmer Sentiment Rebounds at Year End on Stronger 2022 Income

The percentage of producers expecting weaker performance fell from 32% to 26%.

Wed January 04 2023

Wheat Conditions in Kansas Dropped in December; Mixed Elsewhere
Wheat
Wheat Conditions in Kansas Dropped in December; Mixed Elsewhere

Approximately 69% of U.S. winter wheat is produced in an area currently experiencing drought.

Wed January 04 2023

EPA issues new rule to strengthen Water Protections (WOTUS)
WOTUS
EPA issues new rule to strengthen Water Protections (WOTUS)

Like the 2015 rules, tributaries that flow into larger bodies of water, as well as wetlands near protected waters are included.

Tue January 03 2023

Purchasing Thin Cows: Opportunity or A Train Wreck?
BEEF COWS
Purchasing Thin Cows: Opportunity or A Train Wreck?

With the right management, thin cows can be a massive benefit in building a cowherd for your future.

Mon January 02 2023

2023 Begins with Continuing Drought
DROUGHT
2023 Begins with Continuing Drought

As 2023 begins, 17 states have a DSCI greater than 150, mostly in the central plains and western U.S.

Mon January 02 2023

Weekly Market Overview for Week Ending 12/30/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 12/30/22

For the week, slaughter cattle traded 2.00 higher in the South and 3.00 higher in the North. Feeder and stocker cattle not tested due to Holiday closures.

Sat December 31 2022

Plant-Based Meat Substitutes Lack Nutritional Quality
FAKE MEAT
Plant-Based Meat Substitutes Lack Nutritional Quality

Swedish study shows many plant-based meat alternatives contain iron and zinc in a form that the body cannot absorb.

Fri December 30 2022

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