Current National Drought Conditions for Week Ending 8/30/22
DROUGHT
Current National Drought Conditions for Week Ending 8/30/22

As of August 30th, 45.53% of the Lower 48 States are in drought.

Thu September 01 2022

Walmart Announces Equity Investment in Nebraska’s Sustainable Beef LLC
Beef Processing
Walmart Announces Equity Investment in Nebraska’s Sustainable Beef LLC

Walmart and Sustainable Beef LLC will work collaboratively to provide more high-quality, affordable beef to shoppers and help ranchers grow their business.

Wed August 31 2022

Rabobank Beef Report: Market is Strong but Change is in the Air
Beef Demand
Rabobank Beef Report: Market is Strong but Change is in the Air

The effects from the easing of Covid restrictions, rampant inflation and slowing economic growth-are starting to impact consumer spending habits.

Wed August 31 2022

Job Growth Slows for Second Straight Month
Economy
Job Growth Slows for Second Straight Month

U.S. private sector job growth up 132,000 in August versus 268,000 in prior month.

Wed August 31 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 8/27/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 8/27/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 21.4% above the 3 Year Average.

Tue August 30 2022

Pasture & Range Conditions as of 8/28/22
Pasture & Range Conditions
Pasture & Range Conditions as of 8/28/22

75% of Pasture & Range Conditions rated 'Fair to Very Poor' compared to 77% Last Week.

Mon August 29 2022

Corn Crop Condition as of 8/28/22
Corn Crop
Corn Crop Condition as of 8/28/22

54% of Corn Condition rated at 'Good to Excellent' compared to 55% Last Week

Mon August 29 2022

Increased Meat Production is pressuring Wholesale Markets
Meat Production
Increased Meat Production is pressuring Wholesale Markets

Combined beef, pork & chicken production is running ahead of last year.

Mon August 29 2022

USDA announces details for the upcoming Census of Agriculture
USDA
USDA announces details for the upcoming Census of Agriculture

The 2022 Census of Agriculture will be mailed in phases, starting with an invitation to respond online in November followed by paper questionnaires in December.

Mon August 29 2022

Congress Rebalances Adherence to Outdated WTO; Good News for MCOOL
MCOOL
Congress Rebalances Adherence to Outdated WTO; Good News for MCOOL

Congress has purposefully signaled it will no longer blindly adhere to outdated international trade rules when such rules run counter to the best interests of the United States.

Mon August 29 2022

Oklahoma Fall Forage Situation
Forage
Oklahoma Fall Forage Situation

The August 23 Drought Monitor shows that 98.64 percent of Oklahoma is in some stage of drought.

Mon August 29 2022

Court Grants Agriculture Coalition Intervention in Gray Wolf Lawsuit
Gray Wolves
Court Grants Agriculture Coalition Intervention in Gray Wolf Lawsuit

With intervention granted, NCBA, PLC, and other partners will now be full participants in the case defending the gray wolf delisting.

Sat August 27 2022

Weekly Market Overview for Week Ending 8/26/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 8/26/22

For the week, slaughter cattle trade was steady with feeder cattle and stocker calves higher.  Live Cattle & Feeder Cattle Futures were lower.

Sat August 27 2022

Fed says bringing down Inflation will cause Pain to Households and Businesses
Economy
Fed says bringing down Inflation will cause Pain to Households and Businesses

Fed will keep at task of lowering inflation ‘until the job is done,’ chairman Powell said.

Fri August 26 2022

08/26/22 - Cattle Bullish/Bearish Sentiment: Late Week Sentiment Slightly Bearish
Bullish/Bearish Consensus
08/26/22 - Cattle Bullish/Bearish Sentiment: Late Week Sentiment Slightly Bearish

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

Fri August 26 2022

August Livestock Slaughter Report: Beef Production Down in July
Livestock Slaughter
August Livestock Slaughter Report: Beef Production Down in July

Commercial red meat production & Beef production down 3 Percent in July

Thu August 25 2022

Current National Drought Conditions for Week Ending 8/23/22
DROUGHT
Current National Drought Conditions for Week Ending 8/23/22

As of August 23rd, 46.9% of the Lower 48 States are in drought.

Thu August 25 2022

All Food Categories have Experienced Inflation in 2022
Inflation
All Food Categories have Experienced Inflation in 2022

USDA, Economic Research Service (ERS) projects food-at-home prices will increase between 10 and 11 percent in 2022.

Thu August 25 2022

GDP Estimate Confirms US Economy Remains in Recession
Economy
GDP Estimate Confirms US Economy Remains in Recession

GDP shrank at revised 0.6% rate in second quarter, signaling US remains in technical recession.

Thu August 25 2022

Tensions Surrounding Chinese Beef Exports
Beef Exports
Tensions Surrounding Chinese Beef Exports

Some industry participants have expressed concern that the Chinese entering the market now makes the U.S. beef complex more vulnerable to the perceived subjective policies in China.

Wed August 24 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
Advertise an Upcoming Sale
Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale