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Cattle and Beef Markets

by USDA
2016 April 4
As of Feb. 9, 2016, U.S. net farm income is forecast to fall to $54.8 billion in 2016 after recently peaking in 2013, due largely to declines in commodity prices. In inflation-adjusted terms, since 1970 only five years have registered lower net farm income.
2016 April 1
Cash fed cattle trade got over and done with by the end of day on Thursday, but perhaps not to the tune cattle feeders would have hoped for. With more than 42,000 head confirmed sold by the end of day last Thursday, prices slipped up to $6 at $131-135 for live cattle, and $214-215 for dressed cattle, a $1-4 decline.


by USDA
2016 March 28
In California, measures of exposure to local water shortages are only part of how the drought is affecting farms. California agriculture relies heavily on irrigation, and much of the irrigation water is supplied by large-scale state and federal water projects that store, transport, and deliver water across hundreds of miles.
2016 March 28
First, the basics of the report: Marketings of cattle out of feedlots with a 1,000 head or greater capacity during February were up 5 percent, largely due to the effects of an extra day from leap year. Placements into feedlots during February were up 10 percent compared to February 2015.
2016 March 25
What the market gives it also takes away. Last week saw all sectors of the cattle and beef markets fall. In most cases the losses from last week returned all of the gains made the week before. In the cash fed cattle market, over 22,000 head had been confirmed sold by Thursday afternoon.

2016 March 14
In 1990-1996, the last complete herd expansion in the beef industry, the beef cow herd increased about 2.9 million head, from 32.5 million head in 1990 to 35.3 million head in 1996. This included one year of expansion of 3.


by USDA
2016 March 14
Direct-to-consumer (DTC) marketing—where producers engage with consumers face-to-face at roadside stands, farmers’ markets, pick-your-own farms, on-farm stores, and community-supported agricultural arrangements (CSAs)—brings benefits for consumers as well as the farm businesses.


by WLJ
2016 March 14
The most recent World Agricultural Supply and Demand Estimate report held few changes for meat and poultry, but attention was on the grain ending stocks and world supplies. The report was called neutral on the domestic side and bullish on the world stage by DTN Analyst, Todd Hultman.


by WLJ
2016 March 14
But Canada’s cattle herd is not growing much, a new USDA report—United States and Canadian Cattle and Sheep, released last Tuesday—shows. Whereas the number of all cattle and calves in the U.S. on Jan. 1, 2016 grew 3 percent to 91.99 million head, the Canadian herd grew very slightly, from 11.


2016 March 11
As with the prior week’s market, last week’s cash fed cattle market dallied and put off relevant sale volume until Friday. As of Thursday afternoon, not even 5,000 head had sold throughout the week, posting no trade trends that could be compared to the prior week’s $132-136 live and $210-214 dressed prices.

2016 March 4
The cash fed cattle market was exceptionally dead last week, with not even 2,000 head being confirmed sold by end of day Thursday. The prior week saw slow sales pushed off until Friday, with prices eventually coming out to $137- 140 live and $208-214.


2016 February 29
Mexico has exported feeder cattle to the U.S. for more than a century and continues to do so today. After increasing in the mid-1980s, U.S. imports of Mexican cattle have averaged 1.08 million head for the last 30 years. In the most recent 10 years, the average has been slightly higher at 1.
by USDA
2016 February 29
Over the last decade, retail food price inflation in the United States has bounced around a bit, with yearly price increases ranging from 0.3 to 6.4 percent. In 2007 and 2008, grocery store prices rose 4.2 and 6.4 percent, respectively—well above the 20-year annual average increase of 2.


by WLJ
2016 February 29
While the average retail price of beef has declined, the share of the consumer beef dollar going to producers has increased. In January, ranchers received 50 cents of every consumer dollar spent on beef. This is the highest that portion has been since August of 2015, when it was 52 cents on the dollar.


by DTN
2016 February 29
I have my own health insurance and pay the premiums with my own after-tax dollars. I thought I could deduct the premiums on line 29 of my 1040, but am now told that the premiums must be run through the LLC and counted as guaranteed payment income to me from the LLC.


by USDA
2016 February 29
The average age of principal operators in the latest Census of Agriculture (2012) was 58 and has been greater than 50 since the 1959 census. That farmers are older, on average, than other self-employed workers is understandable, given that the farm is the home for most farmers, and they can gradually phase out of farming over a decade or more.


by WLJ
2016 February 29
“These facts combine to support that we are in a transition phase, going from placements below year-ago levels to placements above yearago levels. Of course if there is a large shift in market fundamentals such as a short corn crop; these expected dynamics will change.




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