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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

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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Winter storm Jonas has dumped record snowfall on the East Coast, causing near total shutdown of several major cities and across a large region. Impacts from deep snow, power outages and coastal flooding will continue for several days.

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The USDA is forecasting lower prices in 2016 for cattle, hogs, poultry, eggs and milk. Cattle prices are forecast to decline almost 8 percent compared with 2015 due to larger supplies of heavy cattle, high cold-storage stock levels and sluggish foreign demand.

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

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The last two years have been a whirlwind of dramatic extremes for the cattle industry. With historically tight supplies in 2014, record prices in every segment of the market were reached. Improvements in drought conditions and unprecedented high cow-calf returns brought about rapid expansion at the end of 2014 and throughout 2015.

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