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Cattle and Beef Markets

2015 October 16
A recent Cow/Calf Corner newsletter discussed cull cow grades. Remember cull cows that are destined to go to the packing house are graded by their fleshiness. The fattest cows are called “Breakers.” Moderately fleshed cows are “Boners.” Thin cows are called “Leans” or “Lights,” depending upon the weight of the cow.


2015 October 16
There are encouraging signs that fed and feeder cattle markets have turned the corner on the massive slide in prices in recent weeks. Notice that I didn’t say “correcting the over-correction.


2015 October 16
For many years, cattle producers experienced a somewhat predictable cattle cycle approximately 10 years in length. However, during the last 15 years, an abnormal number of outside events have caused the cycle to be less predictable and left producers wondering if the cattle cycle is relevant for planning purposes.


by DTN
2015 October 16
The economy hit the skids about the time we formed the partnership, and for most years the Schedule K-1 allocations were insignificant. There really was not any profit until 2015. This year the company made a large sale, and my share of the profit is in excess of $300,000.


by USDA
2015 October 16
Because land is a critical input to farming and farm real estate represents such a large portion of the value of farm sector assets (around 80 percent), the ownership of agricultural land is a topic of interest to farmers, lenders, policymakers and others concerned with the farm sector.


2015 October 9
Some culling of beef cows occurs in most herds every year. A few cows will become reproductively unsound, broken-mouths, bad udders, open, and/or just plain old. If feed resources are available, some producers may wish to market the culls after the first of the year for tax purposes.


by USDA
2015 October 9
About 222,000 women are principal farm operators, or the person most responsible for making day-to-day decisions about the farm; 1.5 million women are spouses of principal operators. About one-third of these women spouses are secondary operators who work on the farm and participate in day-to-day decisions with their husband.


2015 October 9
August beef exports totaled 84,167 metric tons (mt), down 18 percent from a year ago. Beef export value was down 24 percent to $498 million, the lowest in 18 months. For the first eight months of 2015, exports were down 11 percent in volume to 703,231 mt and dropped 5 percent in value to $4.


2015 October 9
At Hall and Hall, a fullservice real estate company based in the Rocky Mountain West, providing loan, appraisal, management, and brokerage services throughout the United States, Partner Tim Murphy and Appraiser Mike McDonnell of the Bozeman, MT, office talked with WLJ.


2015 October 2
Although 2015 fed steer supplies remain historically small, prices have recently fallen from the record high levels reached during the first and second quarters of 2015. Prices have been trending lower since April 2015, and in July and August fell below the levels of the same time a year ago.


by USDA
2015 October 2
The USDA Economic Research Service (ERS) projected growth in agricultural productivity (measured as total factor productivity, or TFP) under alternative public R&D assumptions starting in 2010: a 1 percent increase in annual public research funding...


2015 October 2
Fed cattle prices dropped over $9/cwt. last week to about $125/cwt. Prices for pens over 80 percent Choice made up most of the volume and had a lower average price than lower grading pens of cattle. This has been the situation for several days and reflects the large supply of extremely heavy fed cattle.


by DTN
2015 October 2
By contrast, if you were to make a gift of grain to a family member, it would be necessary to use prior-year crop where all expenses had been deducted and your tax basis is zero.


2015 October 2
“We have some of the best vaccines and technology available to us, but the mortality number has continued to rise,” said Dr. Ted McCollum, AgriLife Extension Beef Cattle Specialist in Amarillo. “Health is the first management challenge faced by stocker cattle producers.


2015 October 2
“Fed cattle prices continued their collapse as producers try to alleviate their backlog,” announced Andrew Gottschalk of Hedger’s Edge last week. He additionally said there was little point in rehashing the prior week’s cash fed prices as they were “clearly imprinted in everyone’s mind.




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