Producers Remain Cautiously Optimistic About Agricultural Economy
Ag Barometer
Producers Remain Cautiously Optimistic About Agricultural Economy

The top concern is still higher input costs, chosen by 37% of respondents in this month’s Purdue University-CME Group Ag Economy Barometer survey.

Wed August 02 2023

U.S. Credit Rating drops to  to AA+ from AAA due to ‘Erosion of Governance’
Economy
U.S. Credit Rating drops to  to AA+ from AAA due to ‘Erosion of Governance’

The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management.

Wed August 02 2023

Biden Administration Delays Refilling Strategic Oil Reserve
Crude Oil
Biden Administration Delays Refilling Strategic Oil Reserve

The Strategic Petroleum Reserve remains at low levels after President Biden released 180 million barrels to bring down gas prices ahead of the November 2022 midterm elections.

Wed August 02 2023

Feeder & Stocker Cattle Marketings for the week ending 7/29/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 7/29/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 46.7% above the 3 Year Average.

Tue August 01 2023

Pasture & Range Conditions as of 7/30/23
Pasture & Range Conditions
Pasture & Range Conditions as of 7/30/23

39% of Pasture & Range Conditions rated 'Good to Excellent' compared to 44% Last Week and 25% Last Year.

Mon July 31 2023

US Retail Sales of Meat Alternatives Continue Precipitous Decline
FAKE MEAT
US Retail Sales of Meat Alternatives Continue Precipitous Decline

For the year to July 2, 2023, sales fell 7.3% year-over-year to $1.1 billion, while units dropped 15.6%.

Mon July 31 2023

A Scarcity of Beef Replacement Heifers
Beef Cattle
A Scarcity of Beef Replacement Heifers

The beef replacement heifer inventory was 4.05 million head, down 2.4 percent from last year and is the lowest ever in the July Cattle report.

Mon July 31 2023

Weekly Cattle Market Overview for Week Ending 7/28/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 7/28/23

Feeder cattle traded 0.69 higher with stocker calves steady.  Live cattle futures and feeder futures were both lower.

Sat July 29 2023

House votes to remove Endangered Species Act Protections for the Prairie Chicken
Prairie Chicken
House votes to remove Endangered Species Act Protections for the Prairie Chicken

House members voted 217-206 in favor of the resolutions, with two Republicans crossing party lines against the measures.

Fri July 28 2023

Weekly Cattle Market Sentiment Trend was 'Bearish'
Bullish/Bearish Consensus
Weekly Cattle Market Sentiment Trend was 'Bearish'

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

Fri July 28 2023

Invasive ‘Longhorned Ticks’ Discovered in Missouri
Animal Health
Invasive ‘Longhorned Ticks’ Discovered in Missouri

The tick has been linked to $millions in agricultural damage worldwide and its presence could mean trouble for cattle producers in Missouri.

Thu July 27 2023

China remains World’s Largest Meat Importer despite Recent Declines
Beef Exports
China remains World’s Largest Meat Importer despite Recent Declines

Longer beef production cycles, lack of grazing land, and chronic disease have constrained China’s cattle production, preventing it from meeting domestic demand.

Thu July 27 2023

Drought Worsened in the Northwest & Upper and Lower Mississippi River Basin; Mid-Basin Improved
DROUGHT
Drought Worsened in the Northwest & Upper and Lower Mississippi River Basin; Mid-Basin Improved

27.13% of the lower 48 states are in drought, compared to 25.82% last week.

Thu July 27 2023

Fed raises Interest Rates to 22-Year High
Interest Rates
Fed raises Interest Rates to 22-Year High

Jerome Powell: ‘We remain committed to bringing inflation back to our 2% goal. No one should doubt that.’

Wed July 26 2023

Using Proven Strategies During Unprecedented Times
Beef Cattle Prices
Using Proven Strategies During Unprecedented Times

When calf prices are high, animal health is increasingly important and the economic toll of death loss is amplified.

Wed July 26 2023

Consumers less willing to buy Meat in June; Increased purchases of Plant-Based Proteins
Consumer Demand
Consumers less willing to buy Meat in June; Increased purchases of Plant-Based Proteins

The study found consumers were less willing to buy some staple proteins like steak, pork chops, and chicken breasts.

Wed July 26 2023

Suspension of Black Sea Grain Deal could raise Grain Prices by 10% to 15%
Grain Prices
Suspension of Black Sea Grain Deal could raise Grain Prices by 10% to 15%

The International Monetary Fund estimated that Russia's exit from a deal allowing Ukrainian exports via the Black Sea could drive global grain prices up by 10-15%.

Wed July 26 2023

Senate votes to Prohibit Foreign Ownership of U.S. Agricultural Land & Businesses
Agricultural Land
Senate votes to Prohibit Foreign Ownership of U.S. Agricultural Land & Businesses

The Senate voted overwhelmingly on Tuesday to prohibit China, Russia, North Korea, and Iran from purchasing U.S. agricultural land and agricultural businesses.

Wed July 26 2023

Total red meat supplies in freezers down; Total frozen poultry supplies up
Cold Storage
Total red meat supplies in freezers down; Total frozen poultry supplies up

Total pounds of beef in freezers down 20% from last year.

Tue July 25 2023

Feeder & Stocker Cattle Marketings for the week ending 7/22/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 7/22/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 53.7% below the 3 Year Average.

Mon July 24 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
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