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Market Reports

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

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While conditions in the Southern Plains, Southwest through California and most of the West are improved over year-earlier conditions, most of the areas remain in serious drought. Some areas have had rain over the last few weeks while other areas have deteriorated.

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

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For the second consecutive month, August export value for U.S. beef and pork increased year-over-year despite declines in volume. Export value for both products remains on a record pace, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

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Pasture conditions over most of the U.S. are much improved over conditions at this time last year. In addition, corn prices are currently below $4 per bushel and expected to drop further. Extreme drought conditions continue in parts of the southwestern U.S.

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U.S. red meat exports slowed in July, the first time this year that year-over-year export volumes were lower for both beef and pork. But 2014 exports remain on a strong pace, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (USMEF).

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International cattle and beef markets are reacting as expected to record U.S. market prices. The latest monthly trade data for July confirms that beef exports are declining; and beef and cattle imports are increasing as markets adjust to shrinking U.S. beef and cattle supplies.

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