Corn Crop Condition as of 7/16/23
Corn Crop
Corn Crop Condition as of 7/16/23

57% of Corn Crop rated as Good to Excellent Condition compared to 55% last week and 64% last year.

Mon July 17 2023

Today’s Cattle Prices are ‘Silly’
Beef Cattle Prices
Today’s Cattle Prices are ‘Silly’

The prices for nearly every weight class of calves and feeder cattle are simply silly.

Mon July 17 2023

Cow and Heifer Slaughter Still Strong but Declining
BEEF COWS
Cow and Heifer Slaughter Still Strong but Declining

The USDA July Cattle report is expected to show that herd liquidation continued in the first half of the year.

Mon July 17 2023

Weekly Cattle Market Overview for Week Ending 7/14/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 7/14/23

For the week, feeder cattle traded 6.50 higher with stocker calves also about 6.50 higher.  Live cattle futures made strong gains while feeder futures were slightly higher.

Sat July 15 2023

Lonesome Lands: The Biggest Scam in Agriculture - The Beef Checkoff
Beef Checkoff
Lonesome Lands: The Biggest Scam in Agriculture - The Beef Checkoff

The Beef Act prohibits any checkoff money from being used on lobbying or influencing the government yet almost all the money goes to lobbying organizations.

Fri July 14 2023

USDA Revises 2023 Beef Production Up and 2024 Beef Production Down
Beef Cattle Prices
USDA Revises 2023 Beef Production Up and 2024 Beef Production Down

If USDA is right, beef and cattle prices will continue to face upward pressure even if/when beef demand cools off.

Fri July 14 2023

7/14/23: Rebound in Bullish Cattle Market Sentiment
Bullish/Bearish Consensus
7/14/23: Rebound in Bullish Cattle Market Sentiment

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

Fri July 14 2023

U.S. Consumers Less Willing to Pay for Beef & Pork in June
Consumer Demand
U.S. Consumers Less Willing to Pay for Beef & Pork in June

Meat Demand Monitor finds retail, food service demand in June 2023 lower for all examined beef and pork offerings than 2022.

Thu July 13 2023

May Pork Exports Highest in Two Years; Beef Exports face Headwinds
Beef Exports
May Pork Exports Highest in Two Years; Beef Exports face Headwinds

May beef exports lower overall, but strengthen in North America and Taiwan.

Thu July 13 2023

Drought is Mostly Centered in the Great Plains and Midwest
DROUGHT
Drought is Mostly Centered in the Great Plains and Midwest

26.87% of the lower 48 states are in drought, compared to 26.95% last week.

Thu July 13 2023

July USDA 'WASDE' Report: Price Forecast for Cattle Raised; Corn Price Unchanged
WASDE
July USDA 'WASDE' Report: Price Forecast for Cattle Raised; Corn Price Unchanged

Beef imports for 2023 are raised on recent trade data; Exports for the year are reduced slightly.

Wed July 12 2023

U.S. Inflation slows as Fed weighs another Rate Hike
Economy
U.S. Inflation slows as Fed weighs another Rate Hike

Core CPI rises in June by smallest amount in almost two years

Wed July 12 2023

Are Worms Winning?
Animal Health
Are Worms Winning?

It is impossible to know if resistant gastrointestinal parasites are present in an operation unless testing is performed.

Tue July 11 2023

Pasture & Range Conditions as of 7/9/23
Pasture & Range Conditions
Pasture & Range Conditions as of 7/9/23

47% of Pasture & Range Conditions rated 'Good to Excellent' compared to 45% Last Week and 28% Last Year.

Tue July 11 2023

Corn Crop Condition as of 7/9/23
Corn Crop
Corn Crop Condition as of 7/9/23

55% of Corn Crop rated as Good to Excellent Condition compared to 51% last week and 64% last year.

Tue July 11 2023

US-Mexico-Canada Trade Meeting to Skirt Major Disputes
USMCA
US-Mexico-Canada Trade Meeting to Skirt Major Disputes

Trade irritants which could ultimately lead to punitive U.S. import duties are being handled through separate channels.

Mon July 10 2023

Beef and Cattle Trade Responds to Cattle Market Conditions
Beef Exports
Beef and Cattle Trade Responds to Cattle Market Conditions

Beef exports in the latest data for May are down 19.9 percent year over year.

Mon July 10 2023

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

For the week, fed cattle in the Southern Plains were 2.00 lower while trade in the North was 1.00 higher. Feeder cattle traded 1.50 higher with stocker calves about 1.00 higher.

Sat July 08 2023

How High is Too High to Pay for Cow Replacements in 2023?
Beef Cattle
How High is Too High to Pay for Cow Replacements in 2023?

Producers looking to buy cows in 2023 need to know what must go right to pay back the full cost of that cow.

Fri July 07 2023

7/7/23: Bearish Cattle Market Sentiment Prevails
Bullish/Bearish Consensus
7/7/23: Bearish Cattle Market Sentiment Prevails

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

Fri July 07 2023

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

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The Accredited Ranch & Land Brokers / World Class Ranches

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