U.S. job openings fall to 11.4 million and come off record high
Economy
U.S. job openings fall to 11.4 million and come off record high

The number of job openings is largely viewed as a way to assess the strength of the labor market.

Wed June 01 2022

New Mexico State University Researcher examines Drought-Tolerant Guar
Forage
New Mexico State University Researcher examines Drought-Tolerant Guar

Guar – which means “cow food” in Hindi – is commonly used as a protein-packed forage for livestock in India.

Wed June 01 2022

Corn Crop Condition as of 5/29/22
Corn Crop
Corn Crop Condition as of 5/29/22

86% of Corn Acreage Planted compared to 5 Year Average of 87%

Tue May 31 2022

Pasture & Range Conditions as of 5/29/22
Pasture & Range Conditions
Pasture & Range Conditions as of 5/29/22

76% of Pasture & Range Conditions rated Fair to Very Poor vs. 78% last week

Tue May 31 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 5/28/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 5/28/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 3.2% below the 3 Year Average.

Tue May 31 2022

Veterinarians recommend vaccinating cattle in Drought Areas for Anthrax
Animal Health
Veterinarians recommend vaccinating cattle in Drought Areas for Anthrax

One of the environmental factors that may aid in making the anthrax spores available to cattle is drought.

Tue May 31 2022

Ground Beef Demand Continues Strong
Beef
Ground Beef Demand Continues Strong

The ground beef market plays a critical role to balance supply and demand for the vast array of products produced by the beef industry. 

Mon May 30 2022

America's Beef Supply is expected to shrink due to Drought & Rising Production Costs
Beef Cattle
America's Beef Supply is expected to shrink due to Drought & Rising Production Costs

By 2023, beef production is expected to decline by 7% and cattle prices are expected to increase to record highs.

Mon May 30 2022

New Beef Processing Facility planned for western South Dakota
Beef Processing
New Beef Processing Facility planned for western South Dakota

The facility will focus on bringing in and developing new technologies in robotics and artificial intelligence that will make processing easier, safer and more efficient.

Sat May 28 2022

Amarillo City Council Approves Incentives for New Producer-Owned Packing Plant
Beef Processing
Amarillo City Council Approves Incentives for New Producer-Owned Packing Plant

The company will create more capacity for beef harvesting, creating a stronger link for ranchers and consumers.

Sat May 28 2022

Weekly Market Overview for Week Ending 5/27/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 5/27/22

For the week, slaughter cattle traded 1.00 to 2.00 lower with feeder cattle slightly higher and stocker calves about 1.50 lower. Live Cattle and Feeder Cattle futures were both higher. Dressed beef cutouts and corn were higher.

Sat May 28 2022

Fed-favored PCE gauge shows U.S. Inflation Rate slows to 6.3%
Inflation
Fed-favored PCE gauge shows U.S. Inflation Rate slows to 6.3%

A key measure of U.S. inflation rose in April by the smallest amount in a year and a half.

Fri May 27 2022

Consumer Sentiment mired at 10-year low amid persistent inflation
Consumer Sentiment
Consumer Sentiment mired at 10-year low amid persistent inflation

High inflation remains at the top of consumers minds but expectations for year-ahead price increases eased slightly.

Fri May 27 2022

USDA releases rule to strengthen enforcement of the Packers and Stockyards Act
PACKERS & STOCKYARDS ACT
USDA releases rule to strengthen enforcement of the Packers and Stockyards Act

R-CALF USA Welcomes Release of First of Three Proposed Rules to Improve Enforcement of Packers and Stockyards Act

Fri May 27 2022

Cattle Bullish/Bearish Consensus for 5/27/22:  More Bearish Sentiment
Bullish/Bearish Consensus
Cattle Bullish/Bearish Consensus for 5/27/22: More Bearish Sentiment

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

Fri May 27 2022

Current National Drought Conditions for Week Ending 5/26/22
DROUGHT
Current National Drought Conditions for Week Ending 5/26/22

As of May 24, 2022, 42.41% of the U.S. and 50.66% of the lower 48 states are in drought.

Thu May 26 2022

Retail Meat Prices Remain High; Wholesale Prices Lower
Beef Prices
Retail Meat Prices Remain High; Wholesale Prices Lower

National weekly averages for wholesale beef cuts were much lower than the week leading into Memorial Day 2021.

Wed May 25 2022

Cattle Supply and Demand Issues for the 2022 Marketing Year
Beef Cattle
Cattle Supply and Demand Issues for the 2022 Marketing Year

Even with higher prices, farmers and ranchers will travel a rocky road to profitability, paved with inflation and higher input costs in 2022.

Tue May 24 2022

May Cold Storage Report shows Red Meat Supplies up 16%
Cold Storage
May Cold Storage Report shows Red Meat Supplies up 16%

Total pounds of beef in freezers on April 30, 2022 was down 1 percent from the previous month and up 18 percent from last year.

Tue May 24 2022

Corn Crop Condition as of 5/23/22
Corn Crop
Corn Crop Condition as of 5/23/22

72% of Corn Acreage Planted compared to 5 Year Average of 79%

Mon May 23 2022

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

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