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Market Reports

Read new forecasts and indicators involving beef cattle and feed markets. Find out what factors are affecting prices.

LATEST

Ag producers and cattle ranchers will see ample supplies of grain, feedstuffs and fuel, with good weather and favorable production keeping those trends in play for the remainder of 2016.

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The rapid expansion seen by the cattle industry over two years will continue in 2016, although probably into a lower gear as the market accommodates larger protein supplies.

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“We see no concerns, from our standpoint, looking at 2016 as being any sort of recessionary year. But that doesn’t mean that more of what’s going on outside of the borders can’t have an effect on the United States,” said CattleFax analyst Mike Murphy.

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“El Niño is back, and we’re doing it right this time,” said CattleFax meteorology analyst Art Douglas at the NCBA (National Cattlemen's Beef Association) Cattle Industry Convention in San Diego.

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The volatility of cattle markets seen over the past 30 months was enough to cover both extremes of gains and losses, said CattleFax CEO Randy Blach at the National Cattlemen's Beef Association (NCBA) Cattle Industry Convention (CIC).

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The USDA Cattle on Feed report released on Jan. 22 contains some surprises and is notably lacking news that the price trend established through the last half of 2015 would be reversed.

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