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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

Although analysts project cattle prices to be lower than 2016 for year-over-year averages, several factors are poised to have a significant effect on 2017 cattle and beef markets and may change current price expectations.

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“Why do you hang on to your calves?” the beef economist asked cow herd owners in the room.

Scott Brown answered his own question: “Because their price is going up. Right?”

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Cattle prices in 2017 are expected to average close to fourth quarter 2016 levels, though they will be lower than 2016 for year-over-year averages. Several factors may have a significant impact on cattle and beef markets in 2017 and may change current price expectations. These factors bear close watching in the coming year.

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October cattle prices were lower relative to September and the previous year. Weekly average fed cattle prices declined during the month, averaging about $100 per hundredweight compared to $131 in 2015.

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

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Brett Stuart, an economist with Global Agritrends, encouraged ranchers to look at current beef prices from a global perspective.

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