Current Progressive Cattle digital edition
advertisement
breadcrumbs

Market Reports

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

LATEST

0411pc_marketreport_1The bulk of February’s cattle marketing was ruled by weather, as not one portion of the United States escaped the wrath of a series of snowstorms and bitter-cold. The first sign of the “weather market” showed up at the tail-end of January as nationwide feeder markets were predominantly lower on fears of the approaching blizzard, plus added pressure from lower cash fed cattle and CME cattle futures.

Read more ...

The USDA’s weekly Export Sales report and weekly reports of export inspections provide timely information about export demand for U.S. agricultural commodities. The U.S. Census Bureau, however, is the official source of export estimates. The monthly Census Bureau reports are not as timely as USDA reports, but provide an opportunity to reassess export progress during the marketing year.

Read more ...

naturalbeef_regDecember statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF) confirm that 2010 was the best year ever for U.S. beef export value. A final total of $4.08 billion breaks the pre-BSE high from 2003 of $3.86 billion by more than 5 percent and exceeds the 2009 total by nearly $1 billion. Total volume was 1.067 million metric tons, an increase of 19 percent over 2009.

Read more ...

Three weeks ago we assessed the rate of consumption of corn and soybeans and concluded that corn consumption was progressing too rapidly based on available supplies. Soybean consumption appeared to have slowed enough so that further rationing was not required.

Read more ...

0211pc_marketreport_1Feeder cattle demand, trading activity, and price levels for the opening month of 2011 were all unprecedented with feeder cattle over 600 pounds trading $7 to $15 higher and calves under 600 pounds selling $13.00 to $18 higher than 2010’s closing markets. Market watchers basically ran out of superlatives to use in trying to describe January’s feeder markets; most are down to just saying that they never saw anything like it, but the reality is – no one has ever saw anything like it before.

Read more ...