Cattle Bullish/Bearish Consensus for 6/17/22:  Slightly Bullish
Bullish/Bearish Consensus
Cattle Bullish/Bearish Consensus for 6/17/22: Slightly Bullish

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

Fri June 17 2022

Video of Dead Cattle in Kansas
Fed Cattle
Video of Dead Cattle in Kansas

Heat Stress Kills Estimated 10,000 Head of Kansas Feedlot Cattle

Thu June 16 2022

Current National Drought Conditions for Week Ending 6/14/22
DROUGHT
Current National Drought Conditions for Week Ending 6/14/22

As of June 14, 2022, 39.2% of the U.S. and 44.5% of the lower 48 states are in drought.

Thu June 16 2022

Fewer Meat Packers Threatens our National Security
Beef Processing
Fewer Meat Packers Threatens our National Security

The four big meat packers are raking in record profits, while the average cattle producer’s share of the retail value of beef has decreased.

Thu June 16 2022

Heat, Humidity Kills 2,000+ Kansas Cattle
Animal Health
Heat, Humidity Kills 2,000+ Kansas Cattle

Cattle began suffering heat stress as temperatures and humidity spiked over the weekend in western Kansas.

Wed June 15 2022

Fed Raises Interest Rates by most in Three Decades
Economy
Fed Raises Interest Rates by most in Three Decades

Many economists are worried the aggressive Fed policy might push the economy into a recession.

Wed June 15 2022

Fed Cattle Prices started the week on a Firm Footing
Fed Cattle
Fed Cattle Prices started the week on a Firm Footing

Packers ran a full schedule last week at 528k head, the second largest fed slaughter week so far this year.

Wed June 15 2022

USDA Feed Outlook: June 2022
Feed Outlook
USDA Feed Outlook: June 2022

Corn Ending Stocks Are Raised for 2021/22 and 2022/23 but the Feed Grain Market Outlook Remains Tight

Wed June 15 2022

Foraging on Tree Leaves poses Potential Health Risks for Cattle
Cattle Nutrition
Foraging on Tree Leaves poses Potential Health Risks for Cattle

Leaves from certain trees can be toxic to cattle, especially when there is little grass available.

Tue June 14 2022

Corn Crop Condition as of 6/12/22
Corn Crop
Corn Crop Condition as of 6/12/22

72% of Corn Condition rated at Good to Excellent vs. 73% last week.

Mon June 13 2022

Pasture & Range Conditions as of 6/12/22
Pasture & Range Conditions
Pasture & Range Conditions as of 6/12/22

68% of Pasture & Range Conditions rated Fair to Very Poor vs. 72% last week

Mon June 13 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 6/11/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 6/11/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 5.4% below the 3 Year Average.

Mon June 13 2022

May Retail Meat Price Spreads
Beef Prices
May Retail Meat Price Spreads

The all fresh retail beef price in May was $7.68 per pound, an increase of 10.2% or $0.71 per pound from a year earlier.

Mon June 13 2022

Beef Cow Slaughter Continues Unabated
BEEF COWS
Beef Cow Slaughter Continues Unabated

The most recent weeks of slaughter data have year over year beef cow slaughter increasing rather than decreasing.

Mon June 13 2022

Weekly Market Overview for Week Ending 6/10/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 6/10/22

For the week, slaughter cattle traded 2.00 to 4.00 higher with feeder cattle and stocker calves 2.00 & 3.00 higher. Live Cattle futures were higher with Feeder Cattle futures mixed.

Sat June 11 2022

June USDA WASDE Report
WASDE
June USDA WASDE Report

Price outlook for Cattle, Corn, & Wheat unchanged from last month.

Fri June 10 2022

Cattle Bullish/Bearish Consensus for 6/10/22:  Slightly More Positive Sentiment
Bullish/Bearish Consensus
Cattle Bullish/Bearish Consensus for 6/10/22: Slightly More Positive Sentiment

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

Fri June 10 2022

Consumer Sentiment Plunges to Record Low in June
Economy
Consumer Sentiment Plunges to Record Low in June

University of Michigan Index declines to 50.2 from 58.7 in prior month.

Fri June 10 2022

CPI shows U.S. Inflation reaches a 40-Year High of 8.6%
Economy
CPI shows U.S. Inflation reaches a 40-Year High of 8.6%

The highest U.S. inflation since 1981 shows little sign of easing. Grocery prices have shot up 12% in the past year.

Fri June 10 2022

Iowa Premium cancels Tama Beef Processing Plant Expansion
Beef Processing
Iowa Premium cancels Tama Beef Processing Plant Expansion

The beef processor has halted its expansion plans in eastern Iowa because of increased construction costs.

Thu June 09 2022

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