National Drought Conditions: Drought Continues to Retreat
DROUGHT
National Drought Conditions: Drought Continues to Retreat

Drought conditions in the lower 48 states has dropped 26% since last month.

Thu April 27 2023

First-Quarter GDP climbs at Lackluster 1.1% pace as U.S. Businesses Retrench
Economy
First-Quarter GDP climbs at Lackluster 1.1% pace as U.S. Businesses Retrench

Many economists believe the combination of rising interest rates and still-high inflation will plunge the U.S. into a recession later this year.

Thu April 27 2023

Total Red Meat Supplies in Freezers down 1 Percent from Last Year
Cold Storage
Total Red Meat Supplies in Freezers down 1 Percent from Last Year

Total pounds of beef in freezers down 10 percent from last year; Chicken up 9 percent.

Tue April 25 2023

Number of U.S. Farms & Ranches continues to Decline while Size Grows Slightly
Farms & Ranches
Number of U.S. Farms & Ranches continues to Decline while Size Grows Slightly

In 2022, there were 2.0 million U.S. farms, down from 2.2 million in 2007.

Tue April 25 2023

U.S. Consumer Confidence falls to 9-month low on worries about Jobs and Recession
Economy
U.S. Consumer Confidence falls to 9-month low on worries about Jobs and Recession

Consumer confidence index drops to 101.3 in April from 104 in March.

Tue April 25 2023

Drought is the Major Contributor to the progressively Lower U.S. Beef Cow Inventory
BEEF COWS
Drought is the Major Contributor to the progressively Lower U.S. Beef Cow Inventory

The beef cow inventory has settled at progressively lower levels since the 1990–2004 cattle cycle.

Tue April 25 2023

Feeder & Stocker Cattle Marketings for the week ending 4/22/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 4/22/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 0.7% above the 3 Year Average.

Mon April 24 2023

Cattle on Feed Report: Perception and Reality
Cattle on Feed
Cattle on Feed Report: Perception and Reality

The extra placements in March were merely stockers that would have been spread out into April and May in a normal year.

Mon April 24 2023

Cows in Texas found Dead with Tongues Missing
Cattle Mutilations
Cows in Texas found Dead with Tongues Missing

The cows were all found along the same highway in three different counties.

Mon April 24 2023

Placements were the Biggest Surprise in Friday’s Cattle on Feed Report
Cattle on Feed
Placements were the Biggest Surprise in Friday’s Cattle on Feed Report

The biggest difference was in Nebraska, with placements there at 470k head, about the same as last year and 45k more than we expected.

Mon April 24 2023

Weekly Cattle Market Overview for Week Ending 4/21/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 4/21/23

Fed cattle in the South traded steady with dressed trade in the North 2.00 lower. Feeder cattle & stocker calves traded 3.00 higher.

Sat April 22 2023

U.S. Cattle on Feed Down 4 Percent; Placements Down 1 Percent
Cattle on Feed
U.S. Cattle on Feed Down 4 Percent; Placements Down 1 Percent

Marketings of fed cattle during March were 1 percent below March of 2022.

Fri April 21 2023

Brazil-China ‘Beef Alliance’ is a model for other Big Economies
Foreign Competitors
Brazil-China ‘Beef Alliance’ is a model for other Big Economies

In a shift away from the US-centric focus of his predecessor, Brazil’s president used the trip as an opportunity to highlight multilateralism.

Fri April 21 2023

March Red Meat Production Down 1 Percent from Last Year
Livestock Slaughter
March Red Meat Production Down 1 Percent from Last Year

Cattle slaughter totaled 2.94 million head, down 3 percent from March 2022.

Fri April 21 2023

4/21/23: Cattle Market Sentiment... Slightly Less Bullish
Bullish/Bearish Consensus
4/21/23: Cattle Market Sentiment... Slightly Less Bullish

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

Fri April 21 2023

Beef Market Pricing & Sales
Beef Sales
Beef Market Pricing & Sales

Sales for beef delivering 60‐90 days out are down 53% from a year ago.

Thu April 20 2023

Drought worsened in Oklahoma & North Texas; Some improvement in Kansas & South Texas
DROUGHT
Drought worsened in Oklahoma & North Texas; Some improvement in Kansas & South Texas

National Drought Conditions for Week Ending 4/18/23

Thu April 20 2023

Leading Index indicates U.S. Economy is headed toward Recession
Economy
Leading Index indicates U.S. Economy is headed toward Recession

Leading Economic Index sinks 1.2% in March and posts biggest decline in three years

Thu April 20 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, placed on feed, and marketed will all be lower than a year ago.

Wed April 19 2023

Implanting Preweaning Calves: A Cost-Effective Way to Increase Production
Cattle Implants
Implanting Preweaning Calves: A Cost-Effective Way to Increase Production

Research shows that implants will increase the average daily gain of steer calves by approximately 0.10 pound per day.

Wed April 19 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
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Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale