Packer have drastically cut chain speeds to try to keep the cash cattle market from rallying and to hopefully add some support to boxed beef prices, but with today's cattle possessing heavier carcass weights than a year ago, feedlots could see some supply pressures later...
Sort & Cull
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All Posts
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by ShayLe Stewart , DTN Livestock Analyst
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by ShayLe Stewart , DTN Livestock Analyst
Boxed beef prices and fed cash cattle prices endured some pressure last week, but the feeder cattle market continues to trade with immense demand.
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by ShayLe Stewart , DTN Livestock Analyst
Both Superior Livestock Auction and Western Video Market are hosting sales early this week and even though the board closed lower Monday afternoon, feeder cattle demand was hot.
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by ShayLe Stewart , DTN Livestock Analyst
The market will be closed on Thursday for the Fourth of July holiday, but normal trade will resume on Friday and it's likely that the weekly cash cattle trade could wait to develop until that point as feedlot managers again aim for higher prices.
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by ShayLe Stewart , DTN Livestock Analyst
Given that Friday's Cattle on Feed Report was bearish, everyone expected Monday's market to be tough for the cattle complex, but thankfully traders found confidence in the market's strong fundamentals.
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by ShayLe Stewart , DTN Livestock Analyst
Both the cash cattle and feeder cattle markets saw prices shoot higher last week as excellent demand amid such short supplies continues to drive prices higher.
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by ShayLe Stewart , DTN Livestock Analyst
Thus far in 2024, the market processed an average of 57,106 head of beef cows a week, which is considerably lower given the fact that in recent years the industry has seen mass liquidation. To date, in 2023, weekly cow slaughter averaged 67,226 head and in 2022 averaged...
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by ShayLe Stewart , DTN Livestock Analyst
Will allowing contracts to trade in a wider range help protect producers and mitigate market risk?
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by ShayLe Stewart , DTN Livestock Analyst
Seasonal demand may have been slow to surface, but last week, choice cuts averaged $9.96 higher than the previous week as consumers are ready for the grilling season!
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by ShayLe Stewart , DTN Livestock Analyst
Outside of the week ended March 24, 2024, when packers bought 98,759 head in the spot cash market, the last three consecutive weeks have seen the biggest volumes of cash cattle sales thus far in 2024.
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by ShayLe Stewart , DTN Livestock Analyst
The market has been full of challenges over the last six weeks, but between improved chain speeds and stronger cash cattle sales some fundamental improvements have taken place as well.
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by Jennifer Carrico , Senior Livestock Editor
Farmers and ranchers are always looking for the right organization to belong to who will support them as a member. The Iowa Cattlemen's Association and Iowa Farm Bureau recently showed what they are doing for their members through work at the Iowa Capitol.
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by ShayLe Stewart , DTN Livestock Analyst
Pre-report estimates forecast placements to be anywhere from 90.0% to 94.7% of a year ago, so when the report showed placements in March were actually 88% -- cattlemen and traders alike were slightly taken back.
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by ShayLe Stewart , DTN Livestock Analyst
The market could decide to change direction, but the support plane of $172 is a critical focal point and worthy to note regardless of which way the market trades.
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by Elaine Shein , DTN/Progressive Farmer Associate Content Manager
If you live in an area of total or even partial solar eclipse on Monday, whether it's sunny or cloudy, here's your chance to observe and record how the eclipse affects livestock, poultry, pet and wildlife behavior. You can answer a university survey that will help collect...
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by ShayLe Stewart , DTN Livestock Analyst
The difficult thing about situations like these is that until disease specialists have the time they need to run the tests necessary to better understand this flu variant, panic and fear fly as everyone in the market wants to be ahead of the story as opposed to behind...
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by ShayLe Stewart , DTN Livestock Analyst
One would like to think that the market would take bullish news and run with it. But when you study both the live cattle and feeder cattle market's charts, it's hard to demand that the market do much more when historically speaking the market is trading at its highest...
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by ShayLe Stewart , DTN Livestock Analyst
Given the snowstorms that crippled transportation, weekly sale barn auctions and consequently hindered feeder cattle placements in January, it should be common knowledge there were higher
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by ShayLe Stewart , DTN Livestock Analyst
I wish I could come to you early this week and share that packers are going to increase processing speeds to keep up with increasing consumer demand; however, that simply isn't the case.
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by ShayLe Stewart , DTN Livestock Analyst
Will chain speeds increase soon? I find it much more likely packers will keep chain speeds reduced so cash prices don't trade higher and supplies of market-ready cattle slowly start to build back up.
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Markets
- Market Matters Blog by DTN Staff
- Technically Speaking by DTN Staff
- Sort & Cull by DTN Staff
- Fundamentally Speaking by Joel Karlin
- Canada Markets by DTN Staff
News
- Production Blog by Pam Smith
- Ethanol Blog by DTN Staff
- Ag Policy Blog by Chris Clayton
- South America Calling by DTN Staff
- An Urban's Rural View by Urban Lehner
- MachineryLink by Dan Miller
- Editors' Notebook by Greg D.Horstmeier