Beef Exports Top $1 Billion Again
Beef Exports
Beef Exports Top $1 Billion Again

August beef exports totaled 133,832 metric tons (mt), up 1% year over year and the second largest volume on record.

Tue October 18 2022

Pre-Report Estimates for Friday’s Cattle on Feed Report
Cattle on Feed
Pre-Report Estimates for Friday’s Cattle on Feed Report

Placements are viewed as below a year ago, but the range was wide - 91.8% to 99% of prior year.

Tue October 18 2022

Livestock and the Farm Bill
Farm Bill
Livestock and the Farm Bill

This Market Intel will help readers better understand the livestock-related provisions scattered through the farm bill.

Mon October 17 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 10/15/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 10/15/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 6.8% below the 3 Year Average.

Mon October 17 2022

The Beef: Futures Wake Up
The Beef
The Beef: Futures Wake Up

Today’s action is encouraging for bulls to see, because the cash fed cattle market is leading the charge and futures have contentedly stayed in the back seat.

Mon October 17 2022

Low Mississippi River Water Levels Threaten Grain Shipments, Spur Record Rates
DROUGHT
Low Mississippi River Water Levels Threaten Grain Shipments, Spur Record Rates

Limited rains across the Midwest and South have dropped the water level on the Mississippi River, a major thoroughfare for moving grain, to levels too shallow for many barges to effectively navigate.

Mon October 17 2022

Mexican Beef and Cattle Industry Development Continues
Mexican Cattle
Mexican Beef and Cattle Industry Development Continues

Mexican beef production has continued to grow while total domestic consumption has been relatively stable leading to growing beef exports from the country.

Mon October 17 2022

Weekly Market Overview for Week Ending 10/14/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 10/14/22

For the week, slaughter cattle were 1.00 higher in the South and 2.00 higher in the North. Feeder cattle and stocker calves were 2.00 and 3.50 lower, respectively.

Sat October 15 2022

‘Beyond Meat’ Cuts Revenue Projections & Jobs as Inflation hits Plant Protein Demand
FAKE MEAT
‘Beyond Meat’ Cuts Revenue Projections & Jobs as Inflation hits Plant Protein Demand

The plant-based meat producer plans to cut 200 jobs this year.

Fri October 14 2022

10/14/22 - Cattle Market Sentiment: More Bearish than Bullish
Bullish/Bearish Consensus
10/14/22 - Cattle Market Sentiment: More Bearish than Bullish

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

Fri October 14 2022

Rail Union Rejects Biden-Backed Deal
Transportation
Rail Union Rejects Biden-Backed Deal

One of a dozen unions included in the original deal rejected the tentative agreement, raising the risk of a strike.

Fri October 14 2022

Current National Drought Conditions for Week Ending 10/11/22
DROUGHT
Current National Drought Conditions for Week Ending 10/11/22

As of October 11, 2022, 46.43% of the U.S. and 55.41% of the lower 48 states are in drought.

Thu October 13 2022

Boxed Beef Carving Out Seasonal Low
The Beef
Boxed Beef Carving Out Seasonal Low

The $244.63 daily low for the select cutout on Monday was likely the low for Q4.

Wed October 12 2022

October USDA 'WASDE' Report
WASDE
October USDA 'WASDE' Report

Cattle & Corn Price Forecasts for 2022 are both raised.

Wed October 12 2022

Beef Packer Margins Turn Negative
Beef Processing
Beef Packer Margins Turn Negative

Beef packer margins going into the red indicates that cattle numbers are tightening.

Wed October 12 2022

Wholesale Prices Rise for First Time in Three Months and Show Inflation Still Raging
Economy
Wholesale Prices Rise for First Time in Three Months and Show Inflation Still Raging

The higher cost of wholesale grains, energy and many other products has raised the costs consumers that pay at the fastest rate since the early 1980s.

Wed October 12 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 10/8/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 10/8/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 3.6% below the 3 Year Average.

Tue October 11 2022

Corn Crop Harvested as of 10/9/22
Corn Crop
Corn Crop Harvested as of 10/9/22

Percent of Corn Crop Harvested is 1% ahead of the 5 Year Average.

Tue October 11 2022

Beef Packing Capacity Update
Beef Processing
Beef Packing Capacity Update

Are packers rethinking plans when it comes to expansion?

Tue October 11 2022

Cash Fed Cattle Prices Drive Above $146
The Beef
Cash Fed Cattle Prices Drive Above $146

Last week’s $146.23 average purchase saw 73k bought for delivery in the 1-14 day window and 25k head with time.

Mon October 10 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