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by WLJ
2014 July 11
“‘Out of sight’ is a good term for the prices,” said Dr. David Anderson, AgriLife Extension Specialist in Livestock and Food Products Marketing. “And it doesn’t really matter whether we’re talking about retail prices to consumers, the wholesale beef market or at sale barns for calves and feeder steers.
by WLJ
2014 July 3
According to the latest Rabobank report, Beef Quarterly Q2 2014, the global beef market will regain its positive momentum in Q3, once the current, temporarily high supply has worked through the system. This will likely support further strengthening of prices, as supply of competing animal proteins tighten.
2014 June 30
Asking prices started the week slightly elevated from the prior week’s sales of $148-150 live and $234-238 dressed. However, after a strong rally—again—in the futures markets, asking prices jumped up a few more dollars. By Thursday morning, cattle feeders were asking $153-154 live and $240-242 dressed.
2014 June 27
The most recent Cold Storage report was released last week. It showed that stores of beef in all warehouses across the country are down considerably from the same time last year. As of May 31, there were 378.9 million pounds of beef in cold storage, representing 38.
2014 June 27
Cattle on feed in feedlots of 1,000 head or greater capacity as of June 1 stood at 10.59 million, down 1.7 percent compared to June 1 of last year. As has been the case for the past several months, all of the major cattle-feeding states, save Nebraska, saw declines in their on-feed populations.
2014 June 23
The markets were alive last week! Cash feeders were still shooting for the stars, feeder futures were bouncing off the walls, and—despite analysts’ predictions—the bulk of the cash fed trade was accomplished ahead of last Friday’s Cattle on Feed report.
2014 June 16
The most recent World Agricultural Supply and Demand Estimates (WASDE) report was released last Wednesday. Though much of the grain-trading world was awaiting its release, the Crop Progress report had more interesting data than did WASDE. Projections of meat and poultry production show the effect of decreased supplies in beef, however.
2014 June 16
Relative to the action in the feeder markets, describing the cash fed trade of last week as in low gear would be generous. That said, trade—once it happened—was decent. By Thursday afternoon, 18,083 head of cattle had been confirmed sold, almost all of them on Thursday, at $148 live in the Southern Plains and $233-235 dressed in the Corn Belt.
by WLJ
2014 June 13
U.S. beef and pork exports continued their positive growth trend in April, increasing by double digits in volume and by an even healthier margin in value, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (US- MEF).
by WLJ
2014 June 13
Instead, a paradigm shift swept through the U.S. feeding industry: those last days on feed are not so inefficient because cattle are growing carcass weight to sell on value-based grids. Supporting factors included the growing use of beta-agonists and the shrinking supply of feeder cattle that made replacements more costly.
by WLJ
2014 June 13
Traditionally, cattle feeders have estimated external fat thickness over the12th rib as one measure of finish, and although some research and carcass contests still ship cattle to the packer as soon as 0.3 inches, the norm has reached nearly twice that.
2014 June 6
Feeder cattle markets continue to move higher with a major record high set last week. October feeder cattle futures broke $2 in overnight trade last Wednesday. Good rains have come over the past couple weeks in areas of the Southwest, causing a case of grass fever which has encouraged cattlemen to bid on light calves.
2014 June 6
Widespread rains over the Memorial Day weekend may have curtailed holiday activities but were enthusiastically welcomed by cattle producers in the Southern Plains. Much of the worst drought areas in eastern New Mexico, western Texas and western Oklahoma received rainfall that was very timely for forage production.
2014 May 26
Last week was the final week retail buyers could fill grocery store coolers with beef ahead of the Memorial Day holiday. That longawaited beef procurement finally came in the 11th hour, bringing up several portions of the cattle and beef market complex.
2014 May 19
Last week’s release of the most recent World Agricultural Supply and Demand Estimates (WASDE) report was the first of the year to include predictions of the 2015 production rates. The upcoming year is expected to be one of decreasing beef production, but increased production of pork, chicken, corn and soybeans.
by WLJ
2014 May 16
The program provides financial assistance to small (less than 500 employees) for-profit companies or U.S. agricultural cooperatives that own a commodity brand, with the provision that products promoted under the program must contain at least 50 percent U.


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