Feedlot Focus

CAB Insider: Market update, Opportunity costs and more

By Paul Dykstra January 29, 2020 A relatively quiet week in the fed cattle market last week with a sideways direction for the cash fed cattle price, now in its 4th week at the $124/cwt. level. Live Cattle futures, in the meantime, have been dramatically lower in recent days. The big harvested head count at…

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HIGHER VOLUMES OF PRIME GRADED CATTLE CONTINUE

Source : Livestock Management Information Center   The percent grading prime appears to be continuing to grow in 2020.  The first two weeks of the year showed nationally a quarter to half a percent higher than in 2019.  USDA AMS releases a weekly estimated grading percent for steers and heifers that tracks these estimates back…

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Large feedlot inventories to start 2020

By : Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist   The latest monthly cattle on feed report showed the January 1 inventory in feedlots (over 1,000 head) at 11.958 million head, 102.3 percent of one year ago.  This is the largest January on-feed total since 2008.  Placements in December were up 3.5…

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Angus VNR: A report card from the feedyard

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MARKET UPDATE By Paul Dykstra January 15, 2020 The fed cattle market continued on the same track last week remaining at $124/cwt. Fed cattle prices have now increased for 18 straight weeks basis the USDA 5-area Weighted Average Direct Slaughter Cattle report. The run has seen prices improve by 25% since the annual low of…

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