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2014 March 31
It is such an alien thing to report these days, but cash fed cattle trade was wrapping up Wednesday last week, with the prices paid surprising even bullish analysts. Live cattle went for $150-154, with most volume in the $152-154 area—up $4 in the Southern Plains and steady to up $1 in the Corn Belt—and $242-245 dressed.
2014 March 28
Wheat Association, strong export demand supported markets, including a soft red winter (SRW) cargo purchase by Egypt. Worries about how political tensions in the Black Sea region might disrupt grain shipments helped push futures even higher, the association said.
by WLJ
2014 March 28
One thing making economics brighter for cattle producers is a change in the price of corn, a major feed for market cattle. “Corn at $4.50 per bushel looks better than corn at $7.50. Recall, we didn’t think $4.50 corn looked so good on the way up.”.
by WLJ
2014 March 21
Cattle and beef prices are at record levels in every industry sector, from cow/calf to retail beef prices. These record prices are obviously supported by a very unusual set of supply and demand circumstances.
2014 March 10
“Effective with the August 2015 delivery month, the amendments will allow heifers to be deliverable against the Live Cattle Futures contract but be subject to additional eligibility requirements,” noted the CME announcement of the decision. The additional restrictions are as follows:.
2014 March 10
Cash fed cattle prices drifted lower last week as the live cattle futures took a nose-dive and packers seized on the opportunity to buy cattle cheaper. Compared to the $150-152 live and $240 dressed prices seen in the previous week, last week saw the bulk of trade happen at $150 live and $237-240 dressed.
by WLJ
2014 March 7
The largest collaboration between Walmart and U.S. Meat Export Federation (USMEF) in Central America to date recently concluded in four countries in the region. Walmart in Costa Rica, Guatemala, El Salvador and Nicaragua worked with USMEF on a six-week “Ten New U.
2014 March 3
And up we go (again)! Packers took the steer by the proverbial horns last week in the cash markets. They were apparently undaunted by their $100-perhead losses as they bid up the price of cash cattle to $150-152 live and $240-242 dressed mid-week.
by WLJ
2014 February 28
The largest food industry trade show in the Middle East, the Gulfood Show in Dubai, is the first stop for the group, which includes representatives from the Cattlemen’s Beef Board, United Soybean Board, Illinois Corn Marketing Board, Iowa Corn...
2014 February 24
All was quiet on the beef front last week. The same could not be said for the world of pork, however, as the Humane Society of the U.S. fired shots over the bow of the pork industry. Look for more information on that unfolding story in this week’s Beef Bits and next week’s issue of WLJ.
by DTN
2014 February 21
“We had assumed that under the continuation of the old law that more land would be planted to corn because of the ACRE program,” Glauber said. “Now with the new programs based on base acres, we think there will be more flexibility. They will look at the soybean-to-corn price ratio and will plant a little less corn than normal.
by WLJ
2014 February 21
There were plenty of hints. In 2011, a 45 percent increase in grid premiums to $32.3 million did not in itself constitute a trend. But USDA’s mandatory reporting, never known for overstating, showed 2012 starting with a CAB premium of $8 per hundredweight (/cwt.
by DTN
2014 February 21
AgriBank, the Farm Credit System district bank that sources funds for Farm Credit Associations covering half of the nation’s cropland, still sees wide disparities in farmland appreciation, depending on the 15 states within its territory.
by WLJ
2014 February 21
According to the Purdue Farmland Value Survey, Indiana farmland values have nearly tripled in the last 10 years—from an average of $2,509 per acre in 2003 to $7,446 in 2013. But abundant corn and soybean crops in 2013 have caused commodity prices to fall, making farm profit margins much tighter.
2014 February 14
While producers seem to be supporting a push for the Trans-Pacific Partnership (TPP) to be finalized, media outlets across the U.S. seem to be skipping the topic. It is far from an apparent “hot topic” in most areas, and skeptics are questioning the chances of it going anywhere with the discourse in the White House.
2014 February 10
Cash priced continue to settle lower, making the second week this year where the cash fed cattle market did not set a new high record. Compared to the prior week which saw live prices at $144-146 and dressed prices at $230-232, the meager number of sales which had been recorded by last Thursday had declined to $139-141 live and $225 dressed.
Sales Calendar


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