Source: Illinois Extension news release
This year's Illinois Performance Tested Bull Sale average exceeded all previous sales, averaging $4,440 on the 49 lots offered Feb. 23 at the Illinois State Fairgrounds in Springfield.
"This sale continues to be one of the...
Source: USDA, by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for February 2023 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates report on domestic and international markets...
Source: USDA news release
The USDA, Economic Research Service forecasts inflation-adjusted U.S. net cash farm income (NCFI)-gross cash income minus cash expenses-to decrease by $44.7 billion to $150.6 billion in 2023.
This marks a 22.9 percent decline after reaching a forecast...
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...
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...
Source: USDA, by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for January 2023 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates report on domestic and international markets...
Source: Alberta Agriculture and Forestry
Despite challenges in 2022, cattle markets improved, with prices at their highest since 2014-2015.
“2022 proved to be challenging,” says Ann Boyda, livestock economist with the Alberta government. “The livestock sector faced high input prices (including...
by Michael Langemeier, Center for Commercial Agriculture, Purdue University
Monthly steer finishing net returns from January 2012 to October 2022 are presented in Figure 3. It is important to note that net returns were computed using closeout months rather than...
Source: USDA by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for December 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates report on domestic and international markets...
To “Read” Walt’s charts, keep the following in mind:
Support – this term refers to a trend line or price area under the market which is expected to hold the market from potential decline.
Resistance- a price area or trend line...