Home / All News / Markets
 

Markets

by WLJ
2013 February 22
The cash fed cattle market was slow to develop last week. The first sales surfaced on Wednesday in the South Plains at $123 live and some very light trade took place in the Corn Belt at $122 live and $194-196 dressed.
by WLJ
2013 February 22
There is understandably a lot of concern in the beef industry about beef demand in the coming months. The expected decrease in beef production in 2013 will likely represent a 3.3 percent decrease in domestic per capita supplies.
by WLJ
2013 February 8
The cash live cattle trade was slow to develop last week as packers tried to play chicken with cattle feeders over buying inventory. Offers were firm at $127-128 live and $205 or more dressed. Limited bids of $123 live had surfaced in the south Plains by Wednesday, but beyond that, packers were silent on bidding and cattle feeders weren’t biting.
by WLJ
2013 February 8
Due in large part to softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in December. The RPI—a monthly composite index that tracks the health of and outlook for the U.S.
2013 February 8
The most recent Cattle Inventory report was released Friday, Feb. 1 and reported on all cattle— beef and dairy—in the U.S. herd as of the first of the year. Overall, the number of cattle and calves recorded was down 1.6 percent at 89.3 million head, making this the lowest Jan.
by WLJ
2013 February 1
Cash fed cattle trade developed slowly by midweek last week. Small showlists and strength in the futures inspired some hope for the cash trade prices. The South Plains saw live trade on Wednesday at $124-125 and dressed at $197 but on light numbers. Bids were placed at $125 live in the Corn Belt but no trade had occurred.
by WLJ
2013 January 25
There were almost no bids recorded last week, though trade did develop lightly by midweek. In the south Plains, live cattle traded at $122 and at $121-122 in the Corn Belt. Dressed cattle saw Corn Belt trade at $193 with instances of $194 in Iowa.
by WLJ
2013 January 25
After a year of challenges, highlighted by the worst drought in more than a halfcentury, the U.S. red meat (beef, pork and lamb) industry is focusing on 2013 as a year of great opportunities to increase the value those agricultural exports bring to exporters, processors, producers and the broad American agricultural industry that supports them.
by WLJ
2013 January 18
Cash fed cattle trade struggled last week as signals of disappointing consumer demand and unsupported futures levels eroded prices both buyers and sellers could agree on.
by WLJ
2013 January 18
TX, beef processing facility effective at the close of business Friday, Feb.1, 2013, resulting primarily from the tight cattle supply brought about by years of drought in Texas and Southern Plains states. Approximately 2,000 people work at the Plainview facility, and they will receive company support.
by WLJ
2013 January 11
Thursday, Jan. 3, saw the most recent Oxford Farming Conference where journalist, environmental activist, and now ex-anti-GM agitator, Mark Lynas described in no uncertain terms how he came to support GM technology and why others should, too. In his 51-minute speech, he apologized for his past activities and urged others to accept GM technology.
by WLJ
2013 January 4
In last week’s short New Year’s week, cash trade was slow to develop despite the pressure on packers to buy for their first full-production week in a while. Showlists were overall larger across the country with Kansas being the only major cattle-feeding state to see smaller showlists.
2013 January 4
The Bureau of Land Management (BLM) finished 2012 by signing off on a massive pipeline project that will carry water from rural counties along the Nevada-Utah line to thirsty Las Vegas. The controversial 263-mile water tube will stretch from rural areas to urban Las Vegas, home to 2 million people.
by WLJ
2012 December 28
The Christmas holiday disrupted cattle markets all around last week. Production was expected to be down, so the urge to buy fed cattle was low on that front. On the other side, however, the fact packers are running out of contract cattle put some pressure on them to buy negotiated fed cattle.
2012 December 28
21. Because of surprising placement numbers—down compared to last year, but not as down as expected—the report is being called bearish for live cattle futures by CME analysts. On-feed numbers were almost dead-on to pre-report expectations and marketings were slightly below expectations.
by WLJ
2012 December 21
The cash fed cattle trade was slow to develop again last week, though not as slow as in recent prior weeks. Throughout the first half of the week, trade was nonexistent. Cattle feeders were asking $128-130 live and $202- 205 dressed and ignored the offers of $123 live in the Southern Plains and the $195 dressed bids.
Sales Calendar


Goto live view to see the calendar