Stocker Steer Prices; Trends & Outlook
Cattle Prices
Stocker Steer Prices; Trends & Outlook

Northern Plains calves have enjoyed $200+ per cwt prices this fall while the southern tier of the U.S. prices have eased quite a bit lower.

Tue November 15 2022

November 2022 Feed Outlook - U.S. Feed Supplies See Slight Uptick
Cattle Feed
November 2022 Feed Outlook - U.S. Feed Supplies See Slight Uptick

Corn ending stocks are up 10 million bushels from October at 1,182 million bushels.

Tue November 15 2022

JBS 3rd Quarter Profit Plunged 47 Percent
Beef Processing
JBS 3rd Quarter Profit Plunged 47 Percent

JBS Beef North America, usually the firm’s cash cow, had revenue of 29.15 billion reais, down 4.8% from the previous year.

Tue November 15 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 11/12/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 11/12/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 10.2% below the 3 Year Average.

Mon November 14 2022

Beef Demand Holding Steady
Beef
Beef Demand Holding Steady

Wholesale boxed beef prices, similar to retail prices, have traded in a narrow range for most of 2022.

Mon November 14 2022

Red Meat Not a Health Risk; New study slams years of Shoddy Research
Beef
Red Meat Not a Health Risk; New study slams years of Shoddy Research

Years of shoddy research have overstated the risk of red meat consumption.

Mon November 14 2022

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

For the week, slaughter cattle were steady. Feeder cattle traded slightly lower and stocker calves slightly higher.

Sat November 12 2022

Consumer Sentiment hits Lowest Level since June as Fear of Recession Looms
Economy
Consumer Sentiment hits Lowest Level since June as Fear of Recession Looms

The University of Michigan’s gauge of the U.S. consumer’s outlook fell 5.2 index points from 59.9 in October.

Fri November 11 2022

11/11/22 - Cattle Market Sentiment: Bearishness Prevails
Bullish/Bearish Consensus
11/11/22 - Cattle Market Sentiment: Bearishness Prevails

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

Fri November 11 2022

Walmart sued for overcharging for meat… Again
Beef Prices
Walmart sued for overcharging for meat… Again

In the first lawsuit, Walmart agreed to settle the suit by paying a minimum of $4.5 million on a claims-made basis, up to $9.5 million.

Fri November 11 2022

Americans Like ‘Real Meat’
FAKE MEAT
Americans Like ‘Real Meat’

Large corporations have realized that plant-based protein is not the profitable venture that they first thought it might be in the U.S.

Thu November 10 2022

Current National Drought Conditions for Week Ending 11/8/22
DROUGHT
Current National Drought Conditions for Week Ending 11/8/22

50.46% of the U.S. and 60.34% of the lower 48 states are in drought.

Thu November 10 2022

Diagnosing BRD Early: Win the Game of Hide-and-Seek
Animal Health
Diagnosing BRD Early: Win the Game of Hide-and-Seek

Cattle behavior makes an early diagnosis of bovine respiratory disease (BRD) in calves a game of hide-and-seek.

Thu November 10 2022

U.S. Inflation shows signs of Easing but Remains High
Economy
U.S. Inflation shows signs of Easing but Remains High

CPI rises 0.4% in October and core rate is up 0.3%

Thu November 10 2022

Packer Margins down 90% from Last Year
Beef Processing
Packer Margins down 90% from Last Year

Packer Margins are down 90% from estimated margins a year ago of $674 per head.

Wed November 09 2022

November USDA 'WASDE' Report; Bullish for Cattle
WASDE
November USDA 'WASDE' Report; Bullish for Cattle

For 2023, Beef Production forecast is lowered and Cattle Price forecast raised.

Wed November 09 2022

U.S. Agricultural Exports Increase 14% to a Record High
Agricultural Exports
U.S. Agricultural Exports Increase 14% to a Record High

China, the No. 1 market, bought a record $36.4 billion of U.S. agricultural products.

Tue November 08 2022

The Beef: Bull Spreads Highlight of a Dull Day
The Beef
The Beef: Bull Spreads Highlight of a Dull Day

Cattle prices will rise to ration the supply and 2023 will be the most bullish year for the cattle industry since 2014.

Tue November 08 2022

2022 Net Farm Income Forecast To Be Third Highest On Record
Farm/Ranch Income
2022 Net Farm Income Forecast To Be Third Highest On Record

The values for 2021 and 2022 compare favorably with the high net farm incomes experienced from 2011 to 2013.

Tue November 08 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 11/5/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 11/5/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 2.4% below the 3 Year Average.

Tue November 08 2022

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

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

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