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For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
If you would like to receive more information on the commodity markets, please use the link to join our email list – Sign Up Now
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
If you would like to receive more information on the commodity markets, please use the link to join our email list - Sign Up Now
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
The October Cattle on Feed report from the USDA revealed that feedlot inventories remain relatively stable year-over-year, despite ongoing declines in overall cattle inventories since 2019. Heifer placements and imports, along with shifts in marketings and feedlot dynamics, provide...
Source: USDA
Report Summary
The production outlook is raised from last month for both 2024 and 2025. Fourth-quarter 2024 production is forecast marginally higher than last month, raising the annual forecast to 27.025 billion pounds. This is based on a slower...
The October USDA Cattle on Feed Report estimated heifers make up nearly 40% of all cattle on feed inventories; a signal of producer’s intentions (or lack thereof) to retain heifers as replacements. Consensus is that the heifer mix needs to be...
The cattle and beef markets are reflecting mixed signals across various metrics:
Market-Strength Indexes:
The 10-Day Index has shown a slight decline over the past 10 days (-0.66%), despite a daily uptick (+1.39%).
The 60-Day Index demonstrates strong growth...
If you would like to receive more information on the commodity markets, please use the link to join our email list – Sign Up Now
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
Feeder cattle futures prices rallied in September and October to offset much of the decline that occurred in August. The January 2025 contract dropped roughly $25 per CWT from mid-July to mid-August. Since early September, the price of the January...
For the week ending November 1, negotiated cash cattle prices rose by $0.25 per cwt, with feedlot margins declining by $67 to an industry average of $129.04 per head, as reported by the Sterling Beef Profit Tracker. Beef packers’...
