🐂 Fed Cattle: Volume Down, Prices Mixed
Auction volume dropped sharply with only 94 fed steers and heifers sold — down 798 head from last week and 412 fewer than the same week last year.
Fed steers averaged $250.79/cwt,...
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Written by: Michael Langemeier and James Mintert, Purdue Center for Commercial Agriculture
Weaker expectations for the future led to a decline in farmer sentiment in March as the Purdue University-CME Group Ag Economy Barometer index fell 12 points to a reading of...
Source: USDA
Summary
The 2025 beef production outlook is raised by 120 million pounds from last month to 26.685 billion pounds. Projections for cattle prices are mixed as slaughter steer prices are lowered to $199.50 per hundredweight (cwt) and feeder steer...
After two years of declining sales, the bovine semen industry is experiencing a strong resurgence. Both dairy and beef semen sectors report increased sales in 2024, with projections potentially surpassing the record levels of 2021.
Market Growth and Performance
Total unit...
Source: USDA
by Brian Williams, Matthew Miller, Erik Dohlman, Grace Grossen and Mildred Haley
Highlights
After reaching a low point in the cattle cycle in 2025, U.S. cattle inventories are expected to rise to 91.6 million head in 2034. Low supplies...
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For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
A recent report from CoBank highlights the growing role of dairy-beef crossbreeding in the U.S. cattle market as the national herd shrinks to its lowest levels since 1951. With cattle supplies tightening and consumer demand for high-quality beef remaining...
According to a Statistics Canada report released on February 25, 2025, the Canadian cattle herd continued its decline as of January 1, 2025, marking the third consecutive year of reductions. However, the latest decrease was smaller than those recorded...
Source: USDA news release
U.S. beef production and trade are closely linked, and changes in production typically have a contrasting effect on the pattern of U.S. beef imports. Beef production tends to follow a cycle of 8 to 12 years...
