Owner of Kansas Livestock Auction Sentenced to Prison for Check Kiting Scheme
Financial Crime
Owner of Kansas Livestock Auction Sentenced to Prison for Check Kiting Scheme

The scheme cost the banking system $10 million and led to the failure of the Plainville Livestock Commission.

Mon December 05 2022

Weekly Market Overview for Week Ending 12/2/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 12/2/22

For the week, slaughter cattle traded 4.00 higher in the South and 3.00 higher in the North. Both Live Cattle futures and Feeder Cattle Futures were lower.

Sat December 03 2022

USDA holds Food Price Inflation Outlook at Lofty Levels except for Beef
Food Prices
USDA holds Food Price Inflation Outlook at Lofty Levels except for Beef

Beef and veal prices were the only food category to experience a decline year over year.

Fri December 02 2022

November Jobs Report: Most Important Data for Inflation this Year and Not Good
Inflation
November Jobs Report: Most Important Data for Inflation this Year and Not Good

Wages jumped 0.6% in November, double the expected pace.

Fri December 02 2022

12/2 - Cattle Market Sentiment: Cautious Bullishness
Bullish/Bearish Consensus
12/2 - Cattle Market Sentiment: Cautious Bullishness

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

Fri December 02 2022

Factors Affecting Demand for Beef
Beef Demand
Factors Affecting Demand for Beef

The prices of complements and substitutes will affect beef demand.

Thu December 01 2022

Current National Drought Conditions for Week Ending 11/29/22
DROUGHT
Current National Drought Conditions for Week Ending 11/29/22

48.10% of the U.S. and 57.51% of the lower 48 states are in drought.

Thu December 01 2022

New Meat Processing Plant planned for Southern Illinois
Beef Processing
New Meat Processing Plant planned for Southern Illinois

Construction is expected to start in the spring of 2023 and will take about 15-18 months to complete.

Wed November 30 2022

Pace of Cattle Slaughter Slows in November
Cattle Slaughter
Pace of Cattle Slaughter Slows in November

November slaughter may post declines compared to a year ago for steers, heifers, and cows.

Wed November 30 2022

FMCSA denies Livestock Haulers’ Hours-of-Service Exemption
Livestock Haulers
FMCSA denies Livestock Haulers’ Hours-of-Service Exemption

The hours-of-service regulations impose limits on when and how long an individual may drive to ensure that drivers stay awake and alert.

Wed November 30 2022

More Stable Fertilizer Markets Predicted for 2023
Fertilizer
More Stable Fertilizer Markets Predicted for 2023

If history is to be believed, then fertilizer prices should come down in the coming months.

Wed November 30 2022

What are profitable cow-calf operations doing right?
BEEF COWS
What are profitable cow-calf operations doing right?

On average, the combined cost of production inputs dropped more than 30% from the low- to high-profit groups.

Wed November 30 2022

U.S. Private-Sector Job Growth lowest since early 2021
Economy
U.S. Private-Sector Job Growth lowest since early 2021

Large businesses shed 68,000 private-sector jobs while small businesses reduced their workforce by 51,000.

Wed November 30 2022

The Beef: Gigantic Thanksgiving Week Cattle Slaughter
The Beef
The Beef: Gigantic Thanksgiving Week Cattle Slaughter

Largest Thanksgiving week slaughter since 2006 and the sixth largest going all the way back to 1980.

Tue November 29 2022

Japan Approves the Revised Beef Safeguard Mechanism Under the U.S.-Japan Trade Agreement
Beef Exports
Japan Approves the Revised Beef Safeguard Mechanism Under the U.S.-Japan Trade Agreement

The Protocol will ensure that farmers and ranchers continue to have access to one of the world’s most dynamic markets.

Mon November 28 2022

Feeder & Stocker Cattle Marketings for the week ending 11/26/22
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 11/26/22

Last week's Weekly Feeder & Stocker Cattle Marketings were below the 3 Year Average for the week of Thanksgiving.

Mon November 28 2022

Herd Liquidation May Be Slowing Down
Beef Cattle
Herd Liquidation May Be Slowing Down

With drought continuing, it is not clear what to expect for cow and heifer slaughter going forward. 

Mon November 28 2022

Farm Share of U.S. Food Dollar reached Historic Low in 2021
Farm & Ranch Income
Farm Share of U.S. Food Dollar reached Historic Low in 2021

Farm Share dropped to the lowest recorded value in nearly three decades.

Mon November 28 2022

Weekly Market Overview for Week Ending 11/25/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 11/25/22

For the week, slaughter cattle traded 4.00 higher in the South and 3.00 higher in the North. Both Live Cattle futures and Feeder Cattle Futures were lower.

Sat November 26 2022

11/25 - Cattle Market Sentiment: Slightly Bullish
Bullish/Bearish Consensus
11/25 - Cattle Market Sentiment: Slightly Bullish

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

Fri November 25 2022

Cattle Empire
Bradford Buildings
Bar 3 Ranch Grass Fed Beef Business For Sale
Go-Bob Pipe & Steel (1)
The Accredited Ranch & Land Brokers / World Class Ranches
RanchWork.com-Body
Cattle Value Calculator
Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale (1)

RanchWork.com-Body
Cattle Value Calculator
The Accredited Ranch & Land Brokers / World Class Ranches

Upcoming Sales...

LBJ Cattle Marketing Cream of the Crop Fall Replacement Female Sale
Holdenville Livestock Market 2025 Fall Sale Schedule
Reverse Rocking R Ranch Annual Bull & Female Sale (2)
J Bar Angus 25th Annual Bull & Select Female Sale
TD Angus Commercial Bred Female Sale
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Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale