Cattle Bullish/Bearish Consensus for 5/6/22:  Bearish Sentiment Prevails
Bullish/Bearish Consensus
Cattle Bullish/Bearish Consensus for 5/6/22: Bearish Sentiment Prevails

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

Fri May 06 2022

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

This week, 45.01% of the U.S. and 53.77% of the lower 48 states are in drought.

Thu May 05 2022

Proposed SEC rule could affect nearly every Rancher & Farmer
Federal Government
Proposed SEC rule could affect nearly every Rancher & Farmer

The proposed rule is 510 pages long with 1,068 technical footnotes and almost 750 direct questions, but the SEC has only allowed 39 days for review.

Thu May 05 2022

Fed lifts interest rates by 1/2 point; Will begin to wind down of $9 trillion bond stockpile
Interest Rates
Fed lifts interest rates by 1/2 point; Will begin to wind down of $9 trillion bond stockpile

The Fed is aiming to push its benchmark short-term rate to 2.5% or even higher by year end after keeping it near zero during most of the pandemic.

Wed May 04 2022

Producer Sentiment Improves With Strengthened Commodity Prices: Inflation Causes Worries
Ag Barometer
Producer Sentiment Improves With Strengthened Commodity Prices: Inflation Causes Worries

Despite this month’s increase, the ag sentiment index remains 32% lower than its April 2021 reading.

Wed May 04 2022

Steak Prices Will Keep Rising, Major U.S. Meatpacker Says
Beef Prices
Steak Prices Will Keep Rising, Major U.S. Meatpacker Says

“Cattle prices will go up, and beef prices will go up with them.”

Wed May 04 2022

Pasture & Range Conditions as of 5/1/22
Pasture & Range Conditions
Pasture & Range Conditions as of 5/1/22

Only 18% of Pasture & Range Conditions rated Good to Excellent

Tue May 03 2022

Corn Crop Condition as of 5/2/22
Corn Crop
Corn Crop Condition as of 5/2/22

14% of Corn Acreage Planted compared to 5 Year Average of 33%

Tue May 03 2022

Weekly Feeder & Stocker Cattle Marketings for week ending 04/30/22
Feeder & Stocker Cattle Marketings
Weekly Feeder & Stocker Cattle Marketings for week ending 04/30/22

Last week's Weekly Feeder & Stocker Cattle Marketings were 4.9% below the 3 Year Average.

Tue May 03 2022

Are Beef Packer Profits Cyclical or Sinister?
Beef Processing
Are Beef Packer Profits Cyclical or Sinister?

Beef CEOs contend that the recent situation is an anomaly caused by a confluence of economic factors, not corporate malignance.

Mon May 02 2022

The Cow Herd Numbers Game
BEEF COWS
The Cow Herd Numbers Game

The current pace of beef cow slaughter suggests an annual beef herd culling rate of 13.8 percent, a record in data back to 1986. 

Mon May 02 2022

Satellites detect Cow Burps, a major methane source
Beef Cattle
Satellites detect Cow Burps, a major methane source

The Biden administration late last year announced its plan to crack down on methane emissions from the U.S. economy.

Mon May 02 2022

Weekly Market Overview for Week Ending 4/29/22
Cattle/Beef Prices
Weekly Market Overview for Week Ending 4/29/22

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

Sat April 30 2022

Cattle Bullish/Bearish Consensus for 4/29/22: Sentiment turns Bearish
Bullish/Bearish Consensus
Cattle Bullish/Bearish Consensus for 4/29/22: Sentiment turns Bearish

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

Fri April 29 2022

Rising Prices Increasingly Test Consumers' Appetite for Meat
Beef Demand
Rising Prices Increasingly Test Consumers' Appetite for Meat

Producer price inflation will become apparent with rising meat costs at the grocery store.

Fri April 29 2022

U.S. Inflation Rate surges to 6.6% but prices might be peaking
Economy
U.S. Inflation Rate surges to 6.6% but prices might be peaking

PCE climbs 0.9%, but core rate increase just 0.3% for second month in a row.

Fri April 29 2022

Current National Drought Conditions for Week Ending 4/28/22
DROUGHT
Current National Drought Conditions for Week Ending 4/28/22

This week, 45.4% of the U.S. and 54.2% of the lower 48 states are in drought.

Thu April 28 2022

Economy shrinks 1.4% in first quarter mainly due to record U.S. trade deficit
Economy
Economy shrinks 1.4% in first quarter mainly due to record U.S. trade deficit

Consumer spending, the bedrock of the economy, climbs healthy 2.7% after inflation.

Thu April 28 2022

Meatpacker CEOs Deny Market Manipulation Behind Beef Price Surge
Meatpackers
Meatpacker CEOs Deny Market Manipulation Behind Beef Price Surge

Executives say 16% beef price rise is from ‘market forces’.

Wed April 27 2022

Ranchers Fear Retaliation From Meat Industry, Senator Says
Meatpackers
Ranchers Fear Retaliation From Meat Industry, Senator Says

“They are afraid to come here to testify because of the outrageous power of these meatpacking companies.”

Wed April 27 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