Weekly Cattle Market Sentiment: The 'Bears' Are Back
Bullish/Bearish Consensus
Weekly Cattle Market Sentiment: The 'Bears' Are Back

The theory behind the "Bullish/Bearish Indicator" is when the public reaches a consensus, they are usually wrong.

Fri October 20 2023

United State Red Meat Production Down in September
Livestock Slaughter
United State Red Meat Production Down in September

September Red Meat Production Down 7%; Beef Production Down 10%

Thu October 19 2023

Leading Index for Economy Drops 18th Straight Month
Economy
Leading Index for Economy Drops 18th Straight Month

Leading economic indicator falls 0.7% in September.

Thu October 19 2023

44% of U.S. Cattle are in Drought Areas this Week... Down 2%
DROUGHT
44% of U.S. Cattle are in Drought Areas this Week... Down 2%

In general, the northern U.S. and Gulf Coast saw improvements, while areas in between worsened.

Thu October 19 2023

Nebraska and SDSU Launch ‘Great Plains Heifer Development Program’
Beef Cattle
Nebraska and SDSU Launch ‘Great Plains Heifer Development Program’

Program aims to help producers optimize heifer development and reproductive efficiency.

Wed October 18 2023

USDA: Cattle Price Forecasts for 2023 and 2024 are Mixed
Beef Cattle Prices
USDA: Cattle Price Forecasts for 2023 and 2024 are Mixed

Fed steer price projections are unchanged from last month while prices for feeder steers are projected higher in fourth-quarter 2023 and first-half 2024.

Wed October 18 2023

U.S. Feed Grain Supplies Trimmed on Lower Corn and Sorghum Output
Grain Prices
U.S. Feed Grain Supplies Trimmed on Lower Corn and Sorghum Output

As a result of tighter supplies, the 2023/24 average price received by U.S. corn farmers is expected to increase from $4.90 per bushel to $4.95.

Wed October 18 2023

Estimates for Friday's Cattle on Feed Report
Cattle on Feed
Estimates for Friday's Cattle on Feed Report

Estimates indicate the number of Cattle on Feed and Marketings will be lower with Placements higher than a year ago.

Wed October 18 2023

Lawsuit Alleges ‘Big 4 Packers’ Colluded to Keep Cattle Prices Low & Beef Prices High
Beef Processing
Lawsuit Alleges ‘Big 4 Packers’ Colluded to Keep Cattle Prices Low & Beef Prices High

The lawsuit claims that food giants reduced slaughterhouse production to keep cattle prices low and beef prices high.

Tue October 17 2023

Pasture & Range Conditions as of 10/15/23
Pasture & Range Conditions
Pasture & Range Conditions as of 10/15/23

33% of Pasture & Range Conditions rated 'Good to Excellent' compared to 35% Last Week and 23% Last Year.

Tue October 17 2023

Corn Crop Harvested as of 10/15/23
Corn Crop
Corn Crop Harvested as of 10/15/23

45% of Corn Crop harvested compared to 34% last week, 43% last year, and the 5-Year Average of 42%.

Tue October 17 2023

Feeder & Stocker Cattle Marketings for the week ending 10/14/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 10/14/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 0.2% above than 3 Year Average.

Mon October 16 2023

The Ground Beef Market Gets Squeezed
Beef Production
The Ground Beef Market Gets Squeezed

The overall decline in beef production means that ground beef supplies will be smaller and prices higher going forward.

Mon October 16 2023

Weekly Cattle Market Overview for Week Ending 10/13/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 10/13/23

For the week, fed cattle trade in the South was 1.00 higher with Northern trade 3.00 higher. Feeder cattle and stocker calves were about 1.00 lower.

Sat October 14 2023

U.S. Consumer Sentiment Drops to Lowest Level since May
Economy
U.S. Consumer Sentiment Drops to Lowest Level since May

Inflation expectations rise to highest level in six months.

Fri October 13 2023

New Study to find why Some Cattle are More Susceptible to BRD
Animal Health
New Study to find why Some Cattle are More Susceptible to BRD

Bovine respiratory disease costs the cattle industry around $1 billion each year in prevention, management and treatment fees, as well as in herd losses.

Fri October 13 2023

Beyond Meat Shares Tumble Amid Sales Slump and Reduced Forecasts
FAKE MEAT
Beyond Meat Shares Tumble Amid Sales Slump and Reduced Forecasts

The high cost of plant-based meat, coupled with inflation, has been impacting consumer behavior.

Fri October 13 2023

Summary of the September U.S. Consumer Price Index Report
Economy
Summary of the September U.S. Consumer Price Index Report

The annual CPI inflation rate held at 3.7%, notably above where it was in June and July.

Thu October 12 2023

CoBANK: High Interest Rates & Strong U.S. Dollar Negatively Impact Ag Economy
Ag Economy
CoBANK: High Interest Rates & Strong U.S. Dollar Negatively Impact Ag Economy

The Fed’s battle against inflation amid a resilient U.S. economy has led to high interest rates and a surging U.S. dollar, hurting key segments of the rural economy.

Thu October 12 2023

The U.S. Beef Trade Balance is Shifting
Beef Exports
The U.S. Beef Trade Balance is Shifting

As beef supplies get increasingly tighter over the next couple of years, we are likely to see an ever-greater divergence between imports and exports.

Thu October 12 2023

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
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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
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Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale