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Cattle and Beef Markets

2017 October 20
Beef exports have increased year-over-year every month in 2017. August beef exports were up 14.7 percent over last year, supporting the year-to-date increase of 14.5 percent yearover-year. August exports were up strongly to Japan (up 39.3 percent) and Hong Kong (up 28.
by DTN
2017 October 20
Old-crop (2016-17) corn ending stocks have swelled to a 30-year record of 2.295 billion bushels, according to estimates published in USDA’s quarterly Grain Stocks report at the end of September. While up 32 percent from last year, that number came in below prereport analyst expectations.
2017 October 20
Cash fed trade got started earlier in the week than usual, but it didn’t come to much by close of trade last Thursday. By then, only 10,470 head had been confirmed sold at mostly $110 live, roughly steady with the prior week’s $108- 111 live prices.


2017 October 13
August beef exports totaled 112,069 metric tons (mt), up 5 percent from a year ago and the largest of 2017. Export value was the second-highest on record at $679.1 million—up 20 percent from a year ago and trailing only the record-high value ($688.8 million) reached in October 2014.
2017 October 13
A correction did seem to happen in the near-term live cattle futures, with Thursday’s trade seeing low triple-digit losses. Stronger triple-digit gains during Tuesday’s trade more than kept the week See Markets on page 15.


2017 September 29
Feedlot placements bucked seasonal trends in July by declining, but rebounded in August, according to USDA’s most recent Cattle on Feed (COF) report (Sept. 22). Placements were reported up 2.6 percent over a year ago. The 1.93 million head placed were the most for an August since 2012.
2017 September 29
In recent years, though, countries increasingly have sought to facilitate trade through bilateral and regional trade agreements (RTAs). As of March 2017, the WTO notifications show that 301 RTAs and preferential trade agreements (PTAs) are in operation.
2017 September 29
Very few cattle had been confirmed sold last week by Thursday afternoon. Only 7,000 head had been reported sold—most of them on Thursday—at $107 live and $172 dressed. These prices were steady to slightly higher than the cash fed trade from the week before.
2017 September 22
Value-added projects are those that process a raw product, enhance a commodity, physically segregate a commodity, create a locallyproduced food, and establish farm-based energy operation or market an agriculture product.
2017 September 22
Preconditioning is a generic term that means different things to different people and encompasses the different operating procedures that may be applied to a calf prior to shipping. Preconditioning activities may include weaning, vaccinations, dehorning, castration and starting calves on a high-energy diet.
2017 September 22
October is a traditional weaning and culling time for spring-calving herds. Weaning for value-added calf sales is already underway. This is a time when producers decide which cows no longer are helpful to the operation and which heifer calves will be kept for future replacements.
by WLJ
2017 September 22
estimate was $107-113, suggesting the USDA stills sees the low on the Montana cowboys ride toward a herd of cattle so they can be gathered and moved to a different pasture. Photo courtesy of Montana Stockgrowers Association..
by WLJ
2017 September 22
The USDA’s Foreign Agricultural Service recently issued a pair of reports on the cattle industries of the U.S.’ closest trade partners; Canada and Mexico. While the two countries are very different on cattle herd growth—Mexico’s is and Canada’s isn’t—they are in synch when it comes to trade.
2017 September 22
Last week’s market was either a dog-wags-tail situation or a tailwags-dog situation with the cash and live cattle futures market. Whether it was higher cash leading the futures higher, or higher futures leading the way for higher cash is hard to tell. Regardless, it was a market worth wagging over.
2017 September 22
Feeder cattle prices depend on the weight of the cattle, with lightweight cattle typically having the highest price per pound (or hundredweight) and lower prices for heavier cattle. Not only do prices vary across cattle weights but the size of the price adjustment depends on the weight of the cattle.
by USDA
2017 September 22
Grocery store food (foodat-home) prices tend to be more volatile than restaurant (food-away-fromhome) prices, and this was true during 2009-16. Over this period, restaurant prices rose between 1.3 and 3.5 percent per year, while food price changes at the grocery store were more irregular, ranging from a 4.
by USDA
2017 September 22
The value of U.S. agricultural exports is forecast at $139.8 billion for fiscal year (FY) 2017, up $10.2 billion from FY 2016, and following two consecutive years of declining export values. The increase reflects improvement in the global economy, a lower value for the U.


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