Source: USDA
Comparing Annual Inflation Rates in 2023 and 2024
The Department of Labor’s Bureau of Labor Statistics released its annual Consumer Price Index, CPI, for 2024 on January 15, 2025. The chart below compares inflation rates in 2023 and 2024...
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....
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: 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...
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: 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...
Economic OverviewThe Canadian economy started 2025 on stable ground with a steady unemployment rate (6.6%) and inflation within the Bank of Canada’s 1–3% target range (1.9% in January). However, consumer confidence is weakening due to tariff-related uncertainty and inflationary...
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...
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...
