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by WLJ
2015 September 25
Production estimates continue to chop around in the most recent World Agricultural Supply and Demand Estimates (WASDE) report. Predictions of 2015’s production fell by 210 million pounds (mp) to 23.61 billion pounds (bp), and rose 95 mp in 2016 to 25 bp.


by USDA
2015 September 25
Food-insecure households had difficulty at some time during the year providing enough food for all their members due to a lack of resources. While food insecurity has declined from 14.9 percent in 2011, the percent of U.S.


2015 September 25
It was yet another week of market mayhem last week. Cash cattle, live futures, wholesale beef, cash feeders, and feeder futures… all down. The whole supply chain is correcting the issue of too many cattle that are too big producing too much meat to fit current demand.


2015 September 25
Analysts are not entirely sure what to call the most recent Cattle on Feed report. Was it bullish? Bearish? Neither? The best description was likely “more-of-the-same and one surprise” and that surprise was lower than expected placements. Whether that is good or bad for the market depends on your perspective.


2015 September 18
Things were ugly last week. Very, very ugly. The cash cattle trade wrapped up Thursday with over 71,000 head confirmed sold for the week at $131-135 live and $212-216 dressed. For both live and dressed, they took the bottom end of the prior week’s range and made it the top of last week’s, dropping the low end down $4-5.


2015 September 11
Fall is just around the corner and there’s still some 2015 left to go, but it’s never too early to dust off the economic crystal balls. Considering the way the market has behaved this and last year, cow/ calf producers and cattle feeders need to consider what 2016 has in store for feeder cattle.


2015 September 11
The cash fed trade was reluctant to stir last week, but by last Thursday it had been coerced to complete something like a third of the week’s total trade if past weeks are any indication. About 14,000 head had been confirmed sold for the week, most of them on Thursday, at $139-142 live and $218-222 dressed.


2015 September 11
Economic headwinds continued to slow U.S. beef and pork exports in July, according to data released by US- DA and compiled by the U.S. Meat Export Federation (USMEF). For U.S. beef, July exports totaled 91,955 metric tons (mt), down 10 percent from a year ago and the smallest volume since 2010.


by USDA
2015 September 11
Households with commercial farms—operations which earn at least $350,000 in gross cash farm income—derive roughly three-fourths of their income from farming. Conversely, off-farm income contributes substantially to the total income of many farm households, especially those with smaller farms or a primary occupation other than farming.


2015 September 4
The cash fed cattle market was mostly completed by Thursday last week with almost 46,000 head confirmed sold. Live cattle were trading for $140-142 live with averages trending in the low end of the range and dressed cattle were a solid $222 dressed. This was $4-7 lower live and down $11-12 for dressed compared to the prior week’s sales.


by USDA
2015 September 4
With a value of $2.38 trillion, farm real estate (land and structures) accounted for 81 percent of the total value of U.S. farm sector assets in 2014. Because it comprises such a significant portion of the U.S. farm sector’s asset base, change in the value of farm real estate is a critical barometer of the farm sector’s financial performance.


2015 September 4
U.S. cattle producers are responding to recent recordhigh prices by expanding their herds, but Americans’ appetite for beef will play a crucial role in how the larger supply will play out for the producer’s bottom line, according to a Kansas State University (K-State) agricultural economist.


by USDA
2015 September 4
Of the 911 million acres of land in farms in the continental U.S., 61 percent is operated by the land owner, according to the 2014 Tenure Ownership and Transition of Agricultural Land (TOTAL) survey. Another 8 percent (70 million acres) of land in farms is rented from other farm operators.


2015 August 31
The results of the August Cattle on Feed report were not particularly unexpected. The reality matched almost perfectly with pre-report analyst estimates. For example, at 10 million head in feedlots with 1,000-head or greater capacities as of Aug. 1, the most recent on-feed population was up 2.


2015 August 31
An assortment of new data was released recently. Choice retail beef prices for July decreased for the second month in a row, dropping 4.1 cents per pound from June to $636.5/cwt. Choice retail beef prices peaked in May at $641.2/ cwt. All-Fresh retail beef prices, however, continued to increase, setting a new record in July at $616.


2015 August 28
Last week saw one of the most spectacular falls in Chinese markets the world has been allowed to see. Last Monday alone, the Shanghai Stock Exchange Composite (SHCOMP) fell 8.5 percent, one of the largest single-day declines possible for the market. And this was only one day in a weekslong decline.


2015 August 28
The cash fed cattle trade was sluggish at best with the leverage in the hands of the packers to buy cattle cheap. By Thursday, barely more than 8,500 head had been confirmed sold which was too slight a volume to set a trend. Live heifers traded between $140-145, but averages were on the lower end of the range, and dressed steers were going for $227.


2015 August 21
Compared to the prior week, the cash fed cattle trade was rather lively in terms of pace if not price. The vast majority of trade was completed by Wednesday, and by Thursday over 94,000 head had been confirmed sold. Live cattle sold between $145-148 and dressed cattle sold between $231-233.