Source: Government of Alberta
“The past year saw average monthly prices for fed steers in Alberta peak in June at $246.61 per hundredweight,” says Ann Boyda, provincial livestock market analyst with the Alberta government. “Feeder prices were also historically high,...
Source: FCC
As we start the new year amid elevated inflation and major headwinds facing the economy, here are our top charts to help make sense of the economic environment for farm operations, agribusinesses and food processors.
Economy: Consumption slowdown, inflation...
Source: USDA
Summary
Beef/Cattle: Based on slaughter data through early December, higher cow slaughter and heavier-than-assumed carcass weights are expected to offset lower fed cattle slaughter in the fourth quarter of 2023, leaving the beef production forecast for 2023 unchanged. Expected...
Source: USDA news release
As the world's population increases, the global agriculture system will be expected to provide more food. To better understand how the world agriculture system may grow in response by 2050, researchers at USDA, Economic Research Service...
Source: Government of Alberta
“The proportion of female (heifer and cow) cattle slaughter relative to total cattle slaughter has increased,” says Ann Boyda, provincial livestock market analyst with the Alberta government. “A greater share of females going to slaughter makes...
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 November 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Demand Estimates”...
Source: Government of Alberta
“U.S. cattle and calves on feed for feedlots with capacity of 1,000 or more head were estimated at 11.6 million on October 1, 2023, 1% higher than the same time last year,” says Ann Boyda, provincial...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Adriana Valcu-Lisman, Angel Terán, Mildred Haley, and Grace Grossen
The Livestock, Dairy, and Poultry Outlook for October 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Demand Estimates”...
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: Barchart
Midday futures are back up by 47 to 80 cents so far across the front months. CME had no deliveries against the October contract, though the oldest dated long is now listed as 3/13/23. Feeders are working through...
