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by DTN
2013 August 16
“As far as real market impact, it’s going to depend upon whether anybody follows suit,” DTN Livestock Analyst John Harrington said. “If Tyson’s all alone out there, it’s probably not going to have a huge market impact. On the other hand, if JBS, National and Cargill all get on the same page, well, then that will have ripples.
by WLJ
2013 August 16
Oklahoma feeder cattle prices have increased about $20/cwt for all weights since the lows in late May. After being on the defensive much of the first half of the year, feeder cattle markets are poised to hold stronger in the second half of the year.
2013 August 9
Cash trade was again slow to develop last week and that may have turned out to bite packers. Following an announcement Thursday morning by Tyson that it would no longer accept cattle fed Zilmax—the commercial form of the beta agonist zilpaterol— both live and feeder futures rallied powerfully in response.
by WLJ
2013 August 9
The status of cattle inventories in the U.S. is unknown at this time. USDA’s National Agricultural Statistics Service cancelled the midyear report, so there are no official July 1 survey-based estimates of cattle inventories by class, 2013 calf crop, or total Cattle on Feed available.
by WLJ
2013 August 9
Exports of U.S. beef and pork enjoyed their best month of the year in June, rising both in volume and value over 2012 levels, while lamb exports continued their steady increase, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
2013 August 2
Cash trade developed in Kansas in low volumes last Thursday at— you guessed it—$119 live. Some small and local loads of cattle were sold in Iowa at $191-194, but volumes were insufficient to set a market trend, though analysts did predict it would set the tone for the rest of the week’s trade.
by WLJ
2013 August 2
The beef industry is about to reverse a downward trend in numbers, but expansion is expected to start slowly. The number of beef animals has been in a downward spiral since 2007 due to drought which has ravaged pastures and due to high prices of corn, soybean meal and forages.
2013 July 29
Read any market story and the vision of the market as a creature with its own quirks and foibles is hard to resist. Sometimes it’s the “Bull,” while other times it’s the “Bear.” It can be fickle, nonsensical, and driven by fear or greed. It can be spooked, confident, or ignore things altogether.
2013 July 26
The cash fed market surprised last week when trade developed on Wednesday, contrary to analysts expectations of late-week trade. Over 10,000 head were confirmed sold in negotiated cash trade, and while that volume indicates more trade would be left for later on, it was sufficient to establish the numbers.
by WLJ
2013 July 26
In the U.S. when we think beef, we are likely to think of a juicy steak, a rack of ribs or our cherished hamburgers. But if you’re pulling your chair up to the dinner table elsewhere, liver may be the main course in Egypt. Or tongue in Japan. Or heart in Peru.
2013 July 22
Showlists were said to be smaller last week, but expectation of what the Cattle on Feed report might hold kept bidding at a minimum and next to no trade by Thursday afternoon. Analyst expectations started the week at steady at worst, but as the futures markets tumbled on Wednesday, expectations fell to steady to $1 down, dependent on the report.
by DTN
2013 July 19
Get ready to say goodbye to the latest bonanza years of grain agriculture. The world may be adding billions of new mouths to feed over the next few decades, but population growth alone isn’t enough to sustain record-busting crop incomes that made...
by WLJ
2013 July 19
Agriculture Secretary Tom Vilsack announced last week that USDA’s Foreign Agricultural Service (FAS) awarded fiscal year 2013 funding to more than 70 U.S. agricultural organizations to help expand commercial export markets for their goods. USDA remains focused on carrying out its mission, despite a time of significant budget uncertainty.
by WLJ
2013 July 19
As producers finish harvesting their second cutting of alfalfa or first cutting of grass hay, some may be looking to market the hay they don’t need. To maximize profits, there are a few things Tracey Renelt, South Dakota State University (SDSU) Extension dairy field specialist encourages hay producers to consider.
by WLJ
2013 July 19
Cooperatives are corporations that are owned, controlled, and used primarily by the customers they serve. Regular cooperative members invest funds in the cooperative that are used to purchase assets. Those assets enable the cooperative to conduct business operations within a given market.
by WLJ
2013 July 19
The latest livestock trade data provides additional indication that the Mexican cattle industry is undergoing rapid and dynamic change. Changes in cattle and beef flows between the U.S. and Mexico have significant implications for the cattle industries on both sides of the border.
2013 July 15
The negotiated cash trade held off last week as small showlists and reasonable strength in the futures gave the bargaining power to cattle feeders. Bids developed low on Tuesday at $115-117 in the South Plains and $190-191 in the Corn Belt, but sales were too few to set a market trend.
2013 July 12
The most recent World Agricultural Supply and Demand Estimates (WAS- DE) report came out Thursday, July 11, and was much anticipated on the corn front. Ending stocks of corn—what most were interested in—increased slightly, which had the immediate result of a decent rally in corn futures and a decline in feeders.