Projections for Beef production raised on higher cow and bull slaughter; Beef imports raised and exports lowered.

Thu October 12 2023

Nationwide drought coverage decreased every so slightly for the first time after 11 weeks of increases.

Thu October 12 2023

Energy prices rose 3.3% in September, the second straight big gain; Wholesale food prices jumped 0.9%.

Wed October 11 2023

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

Wed October 11 2023

34% of Corn Crop harvested compared to 23% last week, 29% last year, and the 5-Year Average of 31%.

Wed October 11 2023

Last week's Weekly Feeder & Stocker Cattle Marketings were 2.4% above than 3 Year Average.

Tue October 10 2023

Total cattle imports in August were up 12.0% from last month and a 22.5% increase from last year.

Tue October 10 2023

The continued liquidation of cows and heifers in recent years means that the industry has little ability to begin any herd expansion soon. 

Mon October 09 2023

For the week, fed cattle trade in the South and North were both 1.00 lower. Feeder cattle and stocker calves were about 3.00 and 1.00 lower respectively.

Sat October 07 2023

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

Fri October 06 2023

Unemployment rate unchanged at 3.8%. Fed could be under pressure to raise rates again.

Fri October 06 2023

Outstanding sales to China, a key growth market in 2022, are currently 44% under last year’s levels.

Thu October 05 2023

Drought coverage increased in the United States for the 11th straight week.

Thu October 05 2023

Weakening Crop and Livestock Prices and High Production Costs Weigh on Farmer Sentiment.

Wed October 04 2023

The Eastern Young Cattle Indicator has slumped almost 60% this year and was near the lowest since December 2014 on Tuesday.

Wed October 04 2023

The number of private-sector jobs created in September was the smallest in two and a half years.

Wed October 04 2023

The sharply higher subsidy on LRP premiums has been the primary driver of the increase in sales and coverage.

Tue October 03 2023

Last week's Weekly Feeder & Stocker Cattle Marketings were slightly lower than 3 Year Average.

Mon October 02 2023

Current calf prices are roughly 18 percent higher than March/April prices and feeder cattle prices are higher than spring by over 30 percent.  

Mon October 02 2023

Northern tier of the U.S. will likely experience above-average temperatures; Southern U.S. could see a wetter-than-usual winter.

Mon October 02 2023