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Cattle and Beef Markets

2014 January 13
Last week the cash fed market continued to ride the rising tide of record prices. Though the bulk of sales were pushed off until Friday, the scattered small volume sells to regional packers were nothing if not a reprisal of the prior week’s tune, though at a slightly higher pitch.
by WLJ
2014 January 10
There are a multitude of factors impacting the shipping market. Major factors include strong growth for several of the major commodity segments, with the growth in Bakken oil and crop shipments being the most notable. There is a persistently strong demand for containers in other logistical market segments.
by WLJ
2014 January 10
“While corn prices at South Dakota ethanol plants have dropped $1.50 per bushel since Aug. 2, dried distillers grains plus solubles (DDGS) prices have actually increased by $1.05 per ton,” said Darrell Mark, Adjunct Professor of Economics at South Dakota State University.
2014 January 4
Cash fed trade last week was riding the strong price tailwind from the prior week. On Friday, Dec. 27, cash cattle prices increased sharply with cattle selling $3-4 higher for live at $133-136 and $3-6 higher with $210-215—mostly $212-214—for dressed.
2013 December 30
The cash fed trade was choppy last week, given the Christmas holiday being smack dab in the middle of the trading week. Analysts expected cattle to sell steady to $1-2 higher than the prior week’s $129-130 live and $205-209 dressed in late-week trade.
2013 December 30
In what has been called “moderately bullish,” the most recent Cattle on Feed report showed on-feed, placements, and marketing numbers below industry expectations. The decline in placements of cattle into feedlots with a 1,000-head-or-greater capacity was especially surprising and friendly to the markets.
by WLJ
2013 December 27
“My discussions with Premier Li Keqiang and other Chinese leaders laid the groundwork for future cooperation related to our shared interests in food security, food safety, and sustainability, as well as the expansion of export opportunities for Ameri can farmers and ranchers,” Vilsack said.
by WLJ
2013 December 27
Taiwan’s love for American beef is evident by the growth in exports to the Asian island nation this year, and U.S. Meat Export Federation’s (USMEF) Taiwan team, contractor to the Beef Checkoff Program, is exploring new channels to sustain that progress.
2013 December 23
Packers were reluctant to pay much for fed cattle last week ahead of projections of decidedly short production weeks. With estimates for this week’s production rates ranging widely between 435,000- 480,000 head, and predictions for next week’s standing at 505,000- 545,000 head, packers felt no pressure to collect cattle around them.
by WLJ
2013 December 20
Cattle markets are heading into the final holiday period of 2013 at record or near record price levels across the board. Cattle slaughter and beef production are falling as the market transitions into a much tighter supply situation in 2014. Cattle and beef prices are expected to push to even higher record levels in 2014.
2013 December 16
Trade was again shrugged off until Friday last week as only 2,844 cash fed cattle sales had taken place by Thursday afternoon. Analysts had predicted this was likely and expected a steady-at-best market relative to the prior week’s $132 live and $208-210 dressed market.
by WLJ
2013 December 13
Every best management practices book related to beef cattle production calls for pregnancy checking the herd to identify open cows as early in the season as possible, said South Dakota State University Extension Livestock Business Management Field Specialist, Heather Gessner.
by WLJ
2013 December 13
On the production side of the beef industry, the focus has become whether the nation’s beef cow herd will begin to grow and eventually result in more beef production, said Darrell R. Mark, Adjunct Professor of Economics at South Dakota State University.
by WLJ
2013 December 13
Cattle and beef trade between the U.S. and Mexico has evolved over many years to increasingly complex and integrated levels. The long history of Mexican cattle exports to the U.S. was supplemented in the late 1990s with increased U.S. beef exports to Mexico.
by WLJ
2013 December 13
For at least three decades, beef cattle scientists have studied body condition of cows and its impact on productivity. Cows in better body condition at calving time and breeding nearly always seem to outperform their counterparts that are in thinner body condition.
by WLJ
2013 December 13
Beef exports remained on a record-setting pace in October while pork exports put up one of their strongest performances of the year, yet remain behind 2012’s record-high levels, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (USMEF).


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