Josh Maples, Assistant Professor & Extension Economist, Department of Agricultural Economics, Mississippi State University
Cattle markets through the first two months of 2024 have built upon the strong prices from 2023 and pushed even higher. Cattle auction prices are at...
Source: USDA
Anticipated percent changes in 2024 red meat, poultry, and dairy exports compared with 2023
U.S. export forecasts for red meat, poultry, and dairy for 2024 compared to actual export data from 2023 are presented below in a percent-change format....
Source: FCC, Leigh Anderson Senior Economist
The Canadian commercial feed market (for example, pelleted rations for cattle, dairy, hog and poultry) grew over 20% in 2022, reaching a record $11.5 billion in sales. Most of this growth was driven by increases in...
Source: Government of Alberta
“Many factors influence commodity prices, although the main price determining factors for most commodities are supply and demand,” says Neil Blue, provincial crops market analyst with the Alberta government. “Factors affecting the availability of a crop...
Cattle placements in U.S. feedlots have experienced a second consecutive monthly decline. According to the USDA, 1.704 million head of cattle were introduced to feedlots in December 2023, reflecting a 4% decrease compared to December 2022. This decrease suggests...
Derrell Peel, Extension livestock marketing specialist at Oklahoma State University, says the increase in cattle prices this year actually started last year, as cattle numbers dropped. The midyear 2023 cattle inventory report showed the national cow herd is still...
Source: Alberta Agriculture and Forestry
“Alberta beef producers retained fewer breeding heifers for replacement in 2022, suggesting expansion is not in the immediate future,” says Ann Boyda, livestock economist with the Alberta government. “The Canfax Cattle on Feed reports show...
Wisconsin State Farmer | Wisconsin State Farmer
8 hours ago
Weekly market report beginning the week of June 6, 2023. Data compiled from state and national market sources.
Cattle
Altoona Equity Market: June 01, 2023
FED CATTLE:
Choice Beef Steers & Heifers: 145.00 to 170.00.
Choice Dairy...
The latest StoneX Insurance Minute focuses on Fed Cattle, highlighting the significance of managing market risks through livestock insurance. Gavin McPherson explains how insurance protects producers from price volatility, ensuring financial stability.
For more details, you can watch the full...
Source: National Cattlemen's Beef Association news release
The popular CattleFax Outlook Seminar, held as part of the 2023 Cattle Industry Convention and NCBA Trade Show in New Orleans, shared expert market and weather analysis today.
Prices and profitability will again favor...