Rabobank Questions Consumer Demand for Beef in Late 2022
Beef Prices
Rabobank Questions Consumer Demand for Beef in Late 2022

Consumers’ willingness and ability to pay is likely to be tested in 2022 as inflation levels climb around the world.

Thu June 09 2022

April Beef Trade Data
Beef Trade
April Beef Trade Data

Beef imports were up from last year but down from a month ago.

Thu June 09 2022

U.S. Unemployment Claims jump to Five-Month High
Economy
U.S. Unemployment Claims jump to Five-Month High

Hiring has slowed a bit this year compared to 2021 and a handful of large companies have announced hiring freezes or even some layoffs

Thu June 09 2022

Current National Drought Conditions for Week Ending 6/7/22
DROUGHT
Current National Drought Conditions for Week Ending 6/7/22

As of June 7, 2022, 40.1% of the U.S. and 47.57% of the lower 48 states are in drought.

Thu June 09 2022

Purdue’s Ag Economy Barometer Plummets As Production Costs Skyrocket
Ag Barometer
Purdue’s Ag Economy Barometer Plummets As Production Costs Skyrocket

Farmer sentiment plummeted in May to its lowest level since the early days of the pandemic in spring 2020.

Wed June 08 2022

In The Cattle Markets: The Market Has Topped
Beef Cattle
In The Cattle Markets: The Market Has Topped

The market has exhausted its up move for this summer.  Opportunities now look limited.

Tue June 07 2022

Elevated Beef Cow Slaughter Continues
BEEF COWS
Elevated Beef Cow Slaughter Continues

Beef cow slaughter has maintained a 15% increase over last year through the beginning of June.

Tue June 07 2022

Plan to Combat US Meatpacking Concentration Faces Its Own Hurdles
Beef Processing
Plan to Combat US Meatpacking Concentration Faces Its Own Hurdles

A fifth-generation rancher is seeking to build a $1.1 billion plant that would top Tyson’s in Nebraska as the largest in the US

Mon June 06 2022

Corn Crop Condition as of 6/5/22
Corn Crop
Corn Crop Condition as of 6/5/22

73% of Corn Condition rated at Good to Excellent

Mon June 06 2022

Pasture & Range Conditions as of 6/5/22
Pasture & Range Conditions
Pasture & Range Conditions as of 6/5/22

72% of Pasture & Range Conditions rated Fair to Very Poor vs. 76% last week

Mon June 06 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 6/4/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 6/4/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 22.3% below the 3 Year Average.

Mon June 06 2022

Cattle Markets Transition to Summer
Beef Cattle
Cattle Markets Transition to Summer

Cattle markets are transitioning into summer mode, reflecting seasonality and a myriad of other factors which are currently impacting markets.

Mon June 06 2022

Lawsuit accuses Beyond Meat of Misleading Claims
FAKE MEAT
Lawsuit accuses Beyond Meat of Misleading Claims

The lawsuit accuses Beyond Meat of “grossly” overstating the amount of protein in its products by up to 30%.

Mon June 06 2022

Weekly Market Overview for Week Ending 6/3/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 6/3/22

For the week, slaughter cattle traded 2.00 lower with feeder cattle and stocker calves slightly higher. Live Cattle and Feeder Cattle futures were both higher.

Sat June 04 2022

Cattle Bullish/Bearish Consensus for 6/3/22:  Sentiment Rebounds from 'Excessively Bearish'
Bullish/Bearish Consensus
Cattle Bullish/Bearish Consensus for 6/3/22: Sentiment Rebounds from 'Excessively Bearish'

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

Fri June 03 2022

U.S. Economy gained a greater-than-forecast 390,000 jobs in May
Economy
U.S. Economy gained a greater-than-forecast 390,000 jobs in May

The unemployment rate was unchanged at 3.6% and remained just a tick above the pre-pandemic low.

Fri June 03 2022

Beef Imports Up Double Digits This Year
Beef Imports
Beef Imports Up Double Digits This Year

The increase in imports from Brazil has been truly astounding, up by an almost 6 fold increase.

Thu June 02 2022

Current National Drought Conditions for Week Ending 6/2/22
DROUGHT
Current National Drought Conditions for Week Ending 6/2/22

As of May 31, 2022, 41.4% of the U.S. and 49.3% of the lower 48 states are in drought.

Thu June 02 2022

New Kansas Law Requires Alternative Meat Products Be Labeled "Does Not Contain Meat"
FAKE MEAT
New Kansas Law Requires Alternative Meat Products Be Labeled "Does Not Contain Meat"

Products without proper disclaimers will be considered to be “misbranded”.

Thu June 02 2022

Biden’s pitch to farmers is 'All Hat & No Cattle'
Politics
Biden’s pitch to farmers is 'All Hat & No Cattle'

He simply doesn't understand their plight.

Wed June 01 2022

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

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