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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

Recent precipitation in the Plains states has greatly improved pasture conditions and could solidify grazing plans over the next several months. Improved pasture conditions will provide forages for the low cow inventory.

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Click the date to see the latest Progressive Cattleman Market watch. (PDF)

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The USDA choice-select spread is a traditional barometer of the payoff for premium beef. In recent years though, that boxed-beef price spread has varied from $15 per hundredweight (cwt) to barely positive, leading to questions about whether it pays to aim for quality.

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As of May 5, 2015, the U.S. Drought Monitor reported exceptional drought conditions for California, parts of the Texas Panhandle and western Oklahoma.

However, recent precipitation in much of cattle country has at least provided positive short-term impacts for forage conditions – for example, Texas has experienced slightly more rainfall than its 30-year average (Current Weather Data).

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Placements of feeder cattle into feedlots of 1,000-plus head in February 2015 were lower than some analysts expected, with lower placements in most weight classes.

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The avian influenza outbreak continues to grow and leads to more questions about the impact on livestock and meat markets. USDA-APHIS (Animal and Plant Health Inspection Service) reports that the current toll is nearly 34 million birds depopulated.

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