With drought continuing, it is not clear what to expect for cow and heifer slaughter going forward.
Mon November 28, 2022
Farm Share dropped to the lowest recorded value in nearly three decades.
Mon November 28, 2022
For the week, slaughter cattle traded 4.00 higher in the South and 3.00 higher in the North. Both Live Cattle futures and Feeder Cattle Futures were lower.
Sat November 26, 2022
October beef production, at 2.40 billion pounds, was 2 percent above the previous year.
Wed November 23, 2022
49.59% of the U.S. and 59.3% of the lower 48 states are in drought
Wed November 23, 2022
Total pounds of beef in freezers up 8 percent from last year.
Wed November 23, 2022
Last week's Weekly Feeder & Stocker Cattle Marketings were 2.6% below the 3 Year Average.
Mon November 21, 2022
As 2022 comes to a close, it appears that feedlot inventories have peaked and cattle slaughter should begin to decline in the next few months.
Mon November 21, 2022
For the week, slaughter cattle were steady. Feeder cattle traded slightly lower and stocker calves slightly higher.
Sat November 19, 2022
Placements were the lowest for October since the series began in 1996.
Fri November 18, 2022
49.41% of the U.S. and 59.08% of the lower 48 states are in drought.
Thu November 17, 2022
Over 750,000 more cattle were processed in the first 10 months of 2022 than 2021.
Thu November 17, 2022
Both Cattle on Feed and Placements are estimated to be lower than a year ago.
Wed November 16, 2022
Corn ending stocks are up 10 million bushels from October at 1,182 million bushels.
Tue November 15, 2022
Last week's Weekly Feeder & Stocker Cattle Marketings were 10.2% below the 3 Year Average.
Mon November 14, 2022
Wholesale boxed beef prices, similar to retail prices, have traded in a narrow range for most of 2022.
Mon November 14, 2022
For the week, slaughter cattle were steady. Feeder cattle traded slightly lower and stocker calves slightly higher.
Sat November 12, 2022
Large corporations have realized that plant-based protein is not the profitable venture that they first thought it might be in the U.S.
Thu November 10, 2022
50.46% of the U.S. and 60.34% of the lower 48 states are in drought.
Thu November 10, 2022
For 2023, Beef Production forecast is lowered and Cattle Price forecast raised.