Drought continues to boost cow slaughter PDF Print E-mail
Written by Kenneth Mathews   
Tuesday, 24 June 2014 13:27

CME feeder cattle indexSoil-moisture conditions in the Southern Plains have continued to deteriorate, and drought-affected areas appear to be expanding northward.

Summer cattle market conditions PDF Print E-mail
Written by Derrell S. Peel   
Monday, 23 June 2014 08:07

Summer officially started this past weekend and cattle markets so far have shown little of the seasonal pressure that has been expected. Fed cattle prices have strengthened counter-seasonally the past three weeks and cattle slaughter has continued down year over year. Feedlot marketings are expected to increase in June but the sharp spike in feedlot supplies that was implied by earlier placements may not materialize that way.  

Feeder cattle markets at mid-year: 2014 vs. 2013 PDF Print E-mail
Written by Derrell S. Peel   
Tuesday, 17 June 2014 15:43

We are approaching mid-year with feeder cattle prices at historic levels and showing little sign of slowing down. The question of what to expect in the second half of the year is on many minds. So far, 2014 has been in sharp contrast to the first half of 2013.

The importance of month-end USDA reports for corn PDF Print E-mail
Written by Darrel Good   
Monday, 09 June 2014 12:22

The USDA will release its quarterly Grain Stocks and Acreage reports on June 30. These reports provide important fundamental information that will set the tone for the corn market going into the critical stage of the growing season. There is always opportunity for surprises in these reports, and there is particular interest in the estimates this year given the $0.70 decline in corn prices over the past month.

Beef, pork exports continue growth trend PDF Print E-mail
Written by U.S. Meat Export Federation   
Thursday, 05 June 2014 11:45

U.S. beef and pork exports continued their positive growth trend in April, increasing by double digits in volume and by an even healthier margin in value, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (USMEF).

Is herd expansion underway? PDF Print E-mail
Written by Derrell S. Peel   
Monday, 26 May 2014 12:12

The effects of many years of cattle herd liquidation and the inevitable decreases in beef production have become glaringly obvious in 2014. Cattle slaughter is down 6.3 percent, leading to a 5.7 percent decrease in beef production so far this year. Cattle and beef prices have reached record levels and the certainty of high prices for the foreseeable future makes the question of cow herd expansion one that is top of mind for the industry and increasingly for consumers as well.



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