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…Read More
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…Read More
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…Read More
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…Read More
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