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Cattle and Beef Markets

by USDA
2017 February 17
The expected decline in 2017 net farm income is driven by a forecast reduction in the value of production. Crop value of production is forecast down $9.2 billion (4.9 percent), while the value of production of animal/animal products is forecast to decline by less than $1 billion (0.
2017 February 17
The beef cow herd has expanded a total of 7.3 percent since the recent low on Jan. 1, 2014 (Table1). The inventory of beef replacement heifers relative to the beef cow inventory is the best indication of future beef herd expansion. The Jan. 1, 2017 ratio of replacement heifers to the cow herd was 20.
by USDA
2017 February 17
In the years leading up to 2002, electricity prices paid by U.S. processing plants, grocery stores, restaurants, and other food system participants—including consumers for their kitchen appliances—were trending downward. As a result, between 1998 and 2002 the U.
by USDA
2017 February 17
currency relative to competitors in late 2014 into 2015. A stronger U.S. currency can make exports appear more expensive and imports cheaper. Additionally, the U.S. poultry market was heavily impacted by a highly pathogenic avian influenza (HPAI) outbreak that led to sweeping trade restrictions.
2017 February 10
By last Thursday, over 82,600 head of cattle had been confirmed sold on the cash fed market. Prices had improved somewhat since the prior week, with live cattle selling between $118-20 (compared to $116-119) and $189-191 dressed, which was mostly steady with the prior week.


2017 February 3
Market analysts expected placements to be up 8.8 percent, so the reported value came in well above already high expectations. All weight classes saw an increase in placements, with cattle larger than 800 pounds seeing a 4.5 percent year-over-year increase while cattle between 600- 699 pounds saw a 26.
by USDA
2017 February 3
In 2015, the basket’s annual farm value rose by 11 percent to $62.12, while its annual retail value rose by 1.6 percent to $225.80, causing farm share for the basket of fresh vegetables to increase from 25 to 28 percent.
by USDA
2017 February 3
Commercial-sized farms often require more management and labor than an individual can provide. Additional operators can offer these and other resources, such as capital or farmland. Having a secondary operator may also provide a successor when an older principal operator phases out of farming.
2017 February 3
Striking while the iron is hot is an adage alluding to the trade of a blacksmith who must shape iron while it is hot and pliable; if he delays the opportunity is lost. Acting decisively to take advantage of opportunities when they arise also holds true in the real estate business.


2017 January 30
High points of leverage in a cattle production system are places where strategic inputs of time and resources potentially have impacts that are beneficial and significantly greater than the cost. The challenge is that the areas of highest leverage may not be the most obvious.
2017 January 30
Global beef exports are expected to increase yearover-year in 2017 with growth in several major beef exporting countries supported by growing production in most cases. However, the situations vary among beef exporting countries and market conditions will keep international markets dynamic for the foreseeable future.
by DTN
2017 January 30
During year-end meetings with farm clients, Minneapolis, MN-based consultant Rod Mauszycki, heard farmers pose a question the veteran tax adviser had never heard before, “What’s the penalty for not carrying health insurance next year?” “Many farm...
by USDA
2017 January 30
Local economies and employment levels are more sensitive to economic trends that have a pronounced effect on their leading industries. For example, trends in agricultural prices have a disproportionate impact in farming-dependent counties, which accounted for nearly 20 percent of all rural counties and 6 percent of the rural population in 2015.




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