Current National Drought Conditions for Week Ending 7/19/22
DROUGHT
Current National Drought Conditions for Week Ending 7/19/22

As of July 19, 2022, 44.57% of the U.S. and 51.87% of the lower 48 states are in drought.

Thu July 21 2022

Tyson Hit With $10.5M In Damages After Cattle Contract Trial
Beef Processing
Tyson Hit With $10.5M In Damages After Cattle Contract Trial

Zia sued Tyson in May 2020, alleging Tyson breached a 2019 premium cattle contract after it failed to fork over $2,488,000.

Wed July 20 2022

Cattle on Feed & Cattle Inventory Pre-Report Estimates
Beef Cattle
Cattle on Feed & Cattle Inventory Pre-Report Estimates

On Friday, July 22, 2022, USDA NASS will be releasing two key reports for the cattle industry: July Cattle on Feed and July Cattle Inventory.

Wed July 20 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 7/16/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 7/16/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 21.3% above the 3 Year Average.

Mon July 18 2022

Pasture & Range Conditions as of 7/17/22
Pasture & Range Conditions
Pasture & Range Conditions as of 7/17/22

74% of Pasture & Range Conditions rated Fair to Very Poor compared to 72% last week.

Mon July 18 2022

Corn Crop Condition as of 7/17/22
Corn Crop
Corn Crop Condition as of 7/17/22

64% of Corn Condition rated at Good to Excellent... Unchanged from last week.

Mon July 18 2022

Drought Elevates Texas Cow Slaughter
BEEF COWS
Drought Elevates Texas Cow Slaughter

Cow slaughter in the Texas region through the first half of the year was 123,400 head or 30% higher than the same 26 week period in 2021.

Mon July 18 2022

CoBank Quarterly: Economic Clouds Gather
Economy
CoBank Quarterly: Economic Clouds Gather

Fears of higher rates and weakening economic conditions linger over the year’s second half.

Mon July 18 2022

Mid-Year Cattle Cycle Update
Beef Cattle
Mid-Year Cattle Cycle Update

The beef cattle industry is liquidating farther and faster this year. 

Mon July 18 2022

Weekly Market Overview for Week Ending 7/15/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 7/15/22

For the week, slaughter cattle trade was steady to 2.00 lower with feeder cattle and stocker calves higher. Live Cattle & Feeder Cattle futures were higher while dressed beef cutouts were mixed and corn lower.

Sat July 16 2022

Inflation? We Ain't Seen Nothin' Yet
Inflation
Inflation? We Ain't Seen Nothin' Yet

An interesting analysis by Peter Zeihan on International inflation and how it will be affected by geography, demographics, and global politics.

Fri July 15 2022

Missouri ranchers say they need more rain soon to avoid drastic steps
DROUGHT
Missouri ranchers say they need more rain soon to avoid drastic steps

Without rain, it's a grim outlook for cattle operations.

Fri July 15 2022

Cattle Bullish/Bearish Sentiment for 7/15/22:  Sentiment turns 'Bearish' at week's end
Bullish/Bearish Consensus
Cattle Bullish/Bearish Sentiment for 7/15/22: Sentiment turns 'Bearish' at week's end

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

Fri July 15 2022

Lawsuit settled over Aerial Killing of Feral Cattle in the Gila National Forest
USDA
Lawsuit settled over Aerial Killing of Feral Cattle in the Gila National Forest

The conflict began when the Forest Service proposed a plan in 2020 to shoot unbranded and unauthorized cows from helicopters in the Gila.

Thu July 14 2022

National Auction Receipts lower in 2022
Beef Cattle
National Auction Receipts lower in 2022

The USDA Cattle Inventory report due out July 22 will tell the story for the rest of 2022.

Thu July 14 2022

Current National Drought Conditions for Week Ending 7/12/22
DROUGHT
Current National Drought Conditions for Week Ending 7/12/22

As of July 12, 2022, 44.98% of the U.S. and 50.61% of the lower 48 states are in drought.

Thu July 14 2022

Police fire on Dutch farmers protesting Environmental Rules
Environmental Rules
Police fire on Dutch farmers protesting Environmental Rules

Farmers have blocked supermarkets, distributions centers and roads in response to government plans to cut nitrogen emissions.

Thu July 14 2022

U.S. Producer-Price Index climbs more than forecast in June
Economy
U.S. Producer-Price Index climbs more than forecast in June

Wholesale prices surge again and signal inflation is still bubbling up in the U.S. economy.

Thu July 14 2022

U.S. Chamber questions 'Micromanagement of Beef Markets' in Cattle Transparency Act
USDA
U.S. Chamber questions 'Micromanagement of Beef Markets' in Cattle Transparency Act

In a rush to address soaring meat prices and ensure that all parts of the supply chain benefit from those prices, several pending bills would dramatically expand the federal government’s role in meat markets.

Wed July 13 2022

Analysis of June Food Inflation Data
Inflation
Analysis of June Food Inflation Data

June red meat and poultry price inflation data shows an apparent shift to less expensive proteins.

Wed July 13 2022

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