Current National Drought Conditions for Week Ending 12/20/22
DROUGHT
Current National Drought Conditions for Week Ending 12/20/22

As of December 20, 2022, 49.31% of the lower 48 states are in drought.

Thu December 22 2022

LMIC estimates 2022 cost to run a cow at $963 or 13% higher year over year
Cow/Calf
LMIC estimates 2022 cost to run a cow at $963 or 13% higher year over year

The largest expenditure for cattle producers is harvested forage and feed.

Thu December 22 2022

Friday’s Cattle on Feed Report Estimates
Cattle on Feed
Friday’s Cattle on Feed Report Estimates

Analysts estimate that feedlots placed fewer cattle on feed and marketed more cattle during November.

Wed December 21 2022

China is Largest Global Funder of Agricultural R&D
Agricultural R&D
China is Largest Global Funder of Agricultural R&D

United States Agricultural R&D has trended downward.

Wed December 21 2022

Consumer Confidence hits 8-month high as Inflation & Recession Worries Fade
Economy
Consumer Confidence hits 8-month high as Inflation & Recession Worries Fade

Inflation expectations fall to lowest level in a year.

Wed December 21 2022

The Beef: Production Cuts Improves Packer Margins
The Beef
The Beef: Production Cuts Improves Packer Margins

With no plants running next Saturday, Sunday or Monday, production cuts are big and deep.

Tue December 20 2022

Forget Oil: Now They Are Coming For The Cows
Environmentalists
Forget Oil: Now They Are Coming For The Cows

Environmentalists have no shame or sense and never mind that food prices have spiked around the world.

Tue December 20 2022

Feeder & Stocker Cattle Marketings for the week ending 12/17/22
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 12/17/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 22.7% below the 3 Year Average.

Mon December 19 2022

Just How Do Santa's Reindeer Get the Job Done?
Santa Claus
Just How Do Santa's Reindeer Get the Job Done?

Dr. Glenn Selk explains how Reindeer can pull Santa’s sleigh all over the globe on Christmas eve.

Mon December 19 2022

Inflation Affecting Retail Beef Prices
Beef Prices
Inflation Affecting Retail Beef Prices

Beef prices below 2021 levels, but remain historically higher

Mon December 19 2022

Weekly Market Overview for Week Ending 12/16/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 12/16/22

For the week, slaughter cattle traded 1.00 higher in the South and steady in the North. Feeder and stocker cattle traded higher.

Sat December 17 2022

CoBank Report predicts Challenges in 2023 for Animal Protein Segment
Economy
CoBank Report predicts Challenges in 2023 for Animal Protein Segment

The meat and poultry industry will begin to feel tightening of the economy in 2023 in ways it has managed to escape the past few years.

Fri December 16 2022

Weekly Cattle Market Sentiment Turns Bullish
Bullish/Bearish Consensus
Weekly Cattle Market Sentiment Turns Bullish

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

Fri December 16 2022

Current National Drought Conditions for Week Ending 12/13/22
DROUGHT
Current National Drought Conditions for Week Ending 12/13/22

As of December 13, 2022, 44.51% of the U.S. and Puerto Rico and 53.20% of the lower 48 states are in drought.

Thu December 15 2022

Calf Prices this time of year are largely determined by Grain Prices
Cattle Prices
Calf Prices this time of year are largely determined by Grain Prices

Current feed prices are preventing calf markets from reaching price levels they would reach in a more normal feed cost environment.

Wed December 14 2022

Sales of Antimicrobial Drugs for Livestock down 38% compared to 2015
Animal Health
Sales of Antimicrobial Drugs for Livestock down 38% compared to 2015

FDA's objective is to slow antimicrobial resistance and preserve the effectiveness of antimicrobials for fighting disease.

Wed December 14 2022

Fed Raises Interest Rate by a Half Percentage Point
Interest Rates
Fed Raises Interest Rate by a Half Percentage Point

In new projections about future policy, Fed officials penciled in 5.25% as the top end for its benchmark rate.

Wed December 14 2022

Consumer Price Index (CPI) shows Meat Price Inflation Easing
Meat Prices
Consumer Price Index (CPI) shows Meat Price Inflation Easing

In November, the choice retail beef price was $7.37 per pound, down 0.8% from October and down 6.2% from the same month a year ago.

Wed December 14 2022

Feeding Melatonin to Cows may mitigate ill effects of Toxic Fescue on Calves
Fescue Toxicosis
Feeding Melatonin to Cows may mitigate ill effects of Toxic Fescue on Calves

The melatonin additive tended to improve birth weights and significantly improved weaning and post-weaning weights of calves.

Wed December 14 2022

Reduced Corn Export Potential in 2022/23 Weighs on Price
Corn Prices
Reduced Corn Export Potential in 2022/23 Weighs on Price

The forecasted corn season-average farm price for 2022/23—of $6.70 per bushel—fell $0.10 from the November forecast.

Wed December 14 2022

Cattle Empire
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Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale (1)

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