Mexico Voices Concern over 'Product of USA Label'
Product of USA
Mexico Voices Concern over 'Product of USA Label'

Mexico is the second largest supplier of beef and beef products to the U.S., representing 24 percent of total U.S. imports

Mon March 20 2023

Weekly Cattle Market Overview for Week Ending 3/17/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 3/17/23

Fed cattle in the South traded 1.00 lower with dressed trade in the North also 1.00 lower. Feeder cattle were steady while stocker calves traded 2.00 higher.

Sat March 18 2023

U.S. Cattle on Feed Down 4 Percent; Placements Down 7 Percent
Cattle on Feed
U.S. Cattle on Feed Down 4 Percent; Placements Down 7 Percent

Marketings of fed cattle during February were 5 percent below February of 2022.

Fri March 17 2023

Leading Index signals Trouble for U.S. Economy
Economy
Leading Index signals Trouble for U.S. Economy

Eight of the 10 indicators tracked by the Conference Board fell in February.

Fri March 17 2023

Consumer Sentiment Falls for first time in Four Months
Consumer Sentiment
Consumer Sentiment Falls for first time in Four Months

Consumer sentiment index drops to 63.4 from 67.

Fri March 17 2023

Cattle Market Sentiment Turns Bearish
Bullish/Bearish Consensus
Cattle Market Sentiment Turns Bearish

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

Fri March 17 2023

Retail Meat Prices Update
Retail Beef Prices
Retail Meat Prices Update

Choice retail beef prices rose from last month by 0.2% to $7.59 per pound but were down 0.4% from a year earlier.

Thu March 16 2023

National Drought Conditions for Week Ending 3/14/23
DROUGHT
National Drought Conditions for Week Ending 3/14/23

This week, 35.79% of the lower 48 states are in drought, down from 37.65% last week.

Thu March 16 2023

Livestock Antibiotics will require a Veterinary Prescription starting June 11th
Animal Health
Livestock Antibiotics will require a Veterinary Prescription starting June 11th

Most over-the-counter medications for any species of livestock, including cattle, will be affected.

Wed March 15 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 March 15 2023

The Beef: Meanwhile Back at the Profit Center
The Beef
The Beef: Meanwhile Back at the Profit Center

Consumer beef demand may have slowed but clearly there is less beef to consume.

Tue March 14 2023

January Beef Imports 3rd Highest on Record
Beef Imports
January Beef Imports 3rd Highest on Record

Imports from Brazil had the highest monthly import level ever recorded.

Tue March 14 2023

Consumer Price Index shows Little Progress on Cooling U.S. inflation
Inflation
Consumer Price Index shows Little Progress on Cooling U.S. inflation

Consumer price index has increased 6% in past year.

Tue March 14 2023

Feeder & Stocker Cattle Marketings for the week ending 3/11/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 3/11/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 1.0% above the 3 Year Average.

Mon March 13 2023

Weak Beef Exports Raises Concerns
Beef Exports
Weak Beef Exports Raises Concerns

Beef exports in January were down 15.7 percent year over year.

Mon March 13 2023

Weekly Cattle Market Overview for Week Ending 3/10/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 3/10/23

Fed cattle in the South traded 1.00 higher with Northern trade 3.00 higher. Feeder cattle were nearly 4.00 higher with stocker calves nearly 5.00 higher.

Sat March 11 2023

La Nina is Over… El Nino may Develop
Weather
La Nina is Over… El Nino may Develop

The globe is now in what’s considered a “neutral” condition and probably trending to an El Nino in late summer or fall.

Fri March 10 2023

USDA Projects Lower Per Capita Beef Consumption & Exports
Beef
USDA Projects Lower Per Capita Beef Consumption & Exports

Per capita domestic consumption forecast at 56.7 pounds per person, down 4.1% compared to 2022 levels.

Fri March 10 2023

Cattle Market Sentiment Remains in 'Excessive Bullishness' Territory
Bullish/Bearish Consensus
Cattle Market Sentiment Remains in 'Excessive Bullishness' Territory

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

Fri March 10 2023

Beyond Meat Loses Millions in 2022
FAKE MEAT
Beyond Meat Loses Millions in 2022

In addition to laying off 19% of its workforce, the company will reduce the number of co-packers.

Thu March 09 2023

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