Rabobank: Global Beef Supply to Remain Balanced
Beef Cattle Prices
Rabobank: Global Beef Supply to Remain Balanced

North American cattle prices climb to historic highs.

Wed May 31 2023

Feeder & Stocker Cattle Marketings for the week ending 5/27/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 5/27/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 2.9% below the 3 Year Average.

Wed May 31 2023

Pasture & Range Conditions as of 5/28/23
Pasture & Range Conditions
Pasture & Range Conditions as of 5/28/23

57% of Pasture & Range Conditions rated 'Fair to Very Poor' compared to 63% Last Week and 76% Last Year

Wed May 31 2023

Corn Crop Condition as of 5/28/23
Corn Crop
Corn Crop Condition as of 5/28/23

92% of Corn Crop Planted... 8% more than a year ago and 8% above the 5 year average.

Wed May 31 2023

Texas Cattle company ordered to Cease Business in Arizona & North Dakota
Legal
Texas Cattle company ordered to Cease Business in Arizona & North Dakota

The North Dakota Securities Department said there are numerous "red flags of investment fraud" in the solicitation.

Tue May 30 2023

The Cattle and Beef Margin Squeeze
Beef Cattle Prices
The Cattle and Beef Margin Squeeze

Increasingly tight cattle supplies suggest that margins at all levels above the cow-calf sector will be squeezed in the coming months. 

Tue May 30 2023

Weekly Cattle Market Overview for Week Ending 5/26/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 5/26/23

For the week, fed cattle trade in the South and North were both steady. Feeder cattle and stocker calves traded about 2.50 higher.

Mon May 29 2023

U.S. Prices Rise Again as Fight Against Inflation Stalls
Economy
U.S. Prices Rise Again as Fight Against Inflation Stalls

The yearly increase in prices rose to 4.4% in April from 4.2% for March.

Fri May 26 2023

5/26/23: Cattle Market Sentiment... Increased Bullishness
Bullish/Bearish Consensus
5/26/23: Cattle Market Sentiment... Increased Bullishness

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

Fri May 26 2023

Total Red Meat Production Down 8% in April; Beef Production Down 11%
Livestock Slaughter
Total Red Meat Production Down 8% in April; Beef Production Down 11%

Cattle slaughter totaled 2.54 million head, down 10 percent with average live weight down 19 lbs.

Thu May 25 2023

U.S. Supreme Court rejects Biden’s WOTUS Regulations
WOTUS
U.S. Supreme Court rejects Biden’s WOTUS Regulations

All nine justices agreed to overturn the 9th Circuit Court of Appeals’ ruling that endorsed the Biden’s broad definition of waters of the United States, or WOTUS.

Thu May 25 2023

National Drought Conditions:  Another wet week for the Southern Plains and Colorado
DROUGHT
National Drought Conditions: Another wet week for the Southern Plains and Colorado

In contrast, the Midwest and eastern Central Plains saw degradations and look warm and dry in the short-term.

Thu May 25 2023

The 20th Anniversary of BSE: So much has changed
BSE (Mad Cow Disease)
The 20th Anniversary of BSE: So much has changed

Border closures captured the headlines but BSE reshaped the Canadian cattle sector in profound ways.

Thu May 25 2023

Total Red Meat Supplies in Freezers down 5 Percent from Last Year
Cold Storage
Total Red Meat Supplies in Freezers down 5 Percent from Last Year

Total pounds of beef in freezers down 16 percent from last year; Pork up 6 percent.

Wed May 24 2023

Livestock Vaccine Developer Receives USDA Grant To Study Asian Longhorned Tick
Animal Health
Livestock Vaccine Developer Receives USDA Grant To Study Asian Longhorned Tick

The company will be using its proprietary technology to develop vaccine to prevent the spread of diseases caused by the tick.

Wed May 24 2023

Feeder & Stocker Cattle Marketings for the week ending 5/20/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 5/20/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 7.8% below the 3 Year Average.

Mon May 22 2023

Pasture & Range Conditions as of 5/21/23
Pasture & Range Conditions
Pasture & Range Conditions as of 5/21/23

63% of Pasture & Range Conditions rated 'Fair to Very Poor' compared to 66% Last Week and 78% Last Year

Mon May 22 2023

Corn Crop Condition as of 5/21/23
Corn Crop
Corn Crop Condition as of 5/21/23

81% of Corn Crop Planted... 16% more than a year ago and 6% above the 5 year average.

Mon May 22 2023

USDA foresees Less Beef Production and Higher Cattle Prices
Beef Cattle
USDA foresees Less Beef Production and Higher Cattle Prices

USDA forecasts 2024 beef production to decline 8% from 2023 to 24.7 billion pounds.

Mon May 22 2023

South Korea intensifies Inspection of US Beef after Mad Cow Disease Case
BSE (Mad Cow Disease)
South Korea intensifies Inspection of US Beef after Mad Cow Disease Case

US beef import volume and market share are at the highest level since South Korea opened its market to US beef in 2008.

Mon May 22 2023

Cattle Empire
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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
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Reverse Rocking R Ranch Annual Bull & Female Sale (2)
J Bar Angus 25th Annual Bull & Select Female Sale
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Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale