Drought in major cattle-producing areas is starting to take a toll on feedlot numbers.
Wholesale beef prices have shown some seasonal trends. University of Tennessee ag economist Andrew Griffith says the buying is mostly finished for two big summertime meat consumption holidays.
Beef export values topped the $1 billion mark once again in April.
Hog prices have been holding mostly within the same window for the last few months, and analysts have been comparing how the recent trends look against other years. They are also looking at what factors will shape hog prices during the summer months.
Prices continue to be high for culled cows and bulls.
Last week’s USDA Cattle on Feed report indicated record high numbers on May 1.
With a large number of cattle on feed, analysts are watching to see what impact that might have for markets, both near-term and long-term. Andrew Griffith, University of Tennessee ag economist, says it may already be impacting prices.
Beef exports set another value record in March.
The latest Cattle on Feed report, from April, showed an increase in feedlot inventory due to a number of trends. Cattle on feed numbers have been over 12 million each month to begin 2022.
Cold storage supplies are getting better, but figures are still below the five-year average.
With grilling season drawing near, analysts are watching to see how beef and cattle markets respond, and what trends could take shape heading into summer. Andrew Griffith, ag economist with the University of Tennessee, says the Choice-Select spread has started to show its expected pattern.
Beef exports remained strong in February, while pork exports stayed below year-ago levels, according to an analysis from the U.S. Meat Export Federation.
The USDA Cattle on Feed report released March 25 was largely neutral, but it did show a few trends in the industry, says Stephen Koontz, ag economist with Colorado State University. Writing an “In the Cattle Markets” column for the Livestock Marketing Information Center, he says the placemen…
Beef exports continue to soar in 2022 after setting records in 2021.
Margins remained strong for cattle feeders in February.
Cattle producers continue to watch events in Eastern Europe to see how they might impact prices. Andrew Griffith, ag economist with the University of Tennessee, says cattle marketings were light to begin March, which may have been due to a number of factors.
Feeder pig prices continue to climb.
Lower slaughter numbers in early 2022 had an impact on beef prices, although slaughter and beef prices have begun to work back to their seasonal trends, University of Tennessee ag economist Andrew Griffith says.
Beef exports shattered records in 2021.
Cattle markets are providing intrigue as the winter progresses, University of Tennessee ag economist Andrew Griffith says. Slaughter cow and bull prices have been moving higher, while feeder cattle prices have pointed toward good spring months.
Red meat numbers were down 6% in last week’s USDA Cold Storage report.
Livestock economists are watching the trend in heifer placements in feedlots and what it might mean for national herd expansion. Elliott Dennis, University of Nebraska Extension livestock economist, writing in his “In the Cattle Markets” column for the Livestock Marketing Information Center,…
Beef export values continued to break records in November, pushing past $1 billion for the second time in 2021.
Fed cattle prices have continued to show strength to begin the new year, University of Tennessee ag economist Andrew Griffith says.
There were a few surprises in the Dec. 23 USDA Hogs and Pigs report. Overall numbers were down 4% from Dec. 1, 2020, coming in at 74.2 million head. Market hog inventories were also down 4% from a year ago. Breeding herd numbers were up slightly from a year ago.