Cash fed cattle trade developed slowly last week, though by Thursday afternoon prices paid for the slightly over 7,000 head that had been confirmed sold through the week were steady with the prior week. Live steers traded for $160, while dressed steers sold at $255.
There are many tried and true fly control methods such as pesticide-impregnated ear tags and pour-on chemical controls. However, as consumer interest in the way food is raised increases, nonchemical options should also be considered.
Last week, the U.S. Fish and Wildlife Service (USF- WS), together with the National Oceanic and Atmosphere Administration, released their final rule amending some definitions related to incidental take of endangered and threatened species.
When I listen to arguments, I often find myself running mental commentary on the communication strategies used by the speakers to sway the other side. As I’ve watched the “conversation” over Waters of the U.S.
You are at a feeder sale. A load of 400-pound calves sells for an average of $345 per hundredweight. Later in the day, a load of 700-pounders sells for an average of $225/cwt. What you’ve just seen is the market at work assigning relative value to the differing weights.
Negotiated cash trade was slow to develop last week—as predicted—with only slightly more than 5,600 head of cattle reported traded by Thursday afternoon. Steers sold for $157-161 live and $253 dressed, steady to up $3 from the prior week’s cash prices.
Cash trade occurred surprisingly early last week, with over 13,000 head confirmed sold by Wednesday. By Thursday afternoon, the weekly total was up over 36,000 head with prices ranging between $157-160 live and $250- 253 dressed, down $2-3 from the prior week.
Two recently-introduced bills that have walked the halls of Congress before and were put down are back. On the afternoon of April 16, the U.S. House of Representatives passed HR 1105, an effort to repeal the commonly called “Death Tax.” The bill now goes onto the Senate where it faces an unlikely future.
There are fewer cows going to slaughter and more meat in the bank, so to speak. Monthly USDA reports released last week are a glimpse at the changing scenery of the current market; fewer, heavier animals are going to slaughter and increasingly more of them are steers than females, and the strong...
Last year, 57.092 million acres were planted in all hay. The Prospective Plantings report, released earlier this month, projects all-hay acreage to increase very slightly to 57.093 million acres. Using the overall average yield from 2014 of 2.45 tons per acre, that acreage should result in 139.
“What you would do with this is you’d put the crowd gate on the first notch, step through the mangate, and step on that little platform right at the center pivot point and then take a flag and make the cattle come right on around you,” Grandin said, noting that the crowd gate doesn’t need to be pushed tight.
Markets last week were reeling from the effects of a record low non-holiday processing rate the week before. Despite early-week predictions of 520,000 head, the week of April 6-11 saw only 502,000 head processed. It affected everything from futures to beef prices.
As has been covered here and in many other publications, the water situation is getting dire in parts of the West following the drought. In California, the record drought conditions have prompted the governor to implement the first-ever water restrictions across the state, and everywhere efforts to reduce and conserve water are being.
At the beginning of April, the Western Governors’ Association (WGA) released a report documenting the voluntary conservation work going on in 11 different western states to safeguard the greater sage-grouse.
At the beginning of April, a trio of DVMs/PhDs from Kansas and Texas released a response to a study released back in January. The study—“Antibiotics, Bacteria, and Antibiotic Resistance Genes: Aerial Transport from Cattle Feed Yards via Particulate Matter,” covered in the Feb.
Conversations about demand often devolve into arguments about proverbial apples and oranges. This happens on the topics of beef demand and cattle demand quite frequently. One party is talking about bad (beef) demand while the other party scratches their head, thinking about the record high prices they just got for their calves.
Cash trade was put off to the end of the short trade week last week. Due to Good Friday ahead of Easter, markets closed early last Thursday and were closed for the holiday. So packers, putting off spending money for cattle, had less time to stall last week…but they sure tried.
Among the top proteins in the U.S. consumer’s diet, beef comes from the most diverse infrastructure of them all. The cattle and beef industry is so highly segmented that each segment exists in its own economic microcosm. When it comes to margins, the variety of this one, relatively small industry can be mind boggling.