Livestock

Headlines

  • Daniel Whitley, administrator for USDA's Foreign Agricultural Service, speaks on May 22 at a US. Meat Export Federation meeting in Kansas City, Missouri. Whitley touted new USDA funding to expand markets and pointed to the growth potential for exports to Africa.

    Prospects to Boost Meat Export Sales

    Leaders at the U.S. Meat Export Federation meeting in Kansas City, Missouri, last week talked about some ways the group can use its share of the Regional Agricultural Promotion Program (RAPP). USDA released $300 million last week to promote more trade for developing...

  • USDA released its May 1 Cattle on Feed report on Friday. (DTN/Progressive Farmer file photo)

    USDA May 1 Cattle on Feed Report

    Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.6 million head on May 1, 2024. The inventory was 1 percent below May 1, 2023, USDA NASS reported on Friday.

  • Thus far through 2024, steer carcass weights have averaged 919 pounds, which is 18 pounds heavier than what carcasses were averaging at this point in 2023, 10 pounds heavier than the market's five-year average, and a whopping 128 pounds heavier than what steer carcasses were averaging 24 years ago in 2000. (DTN ProphetX chart)

    Call the Market

    I understand that we need cattle that feed, grade and yield well, but bigger isn't always better, and I'm afraid that we are going to learn that lesson the hard way when the market softens in the next phase of this cycle.

  • A toy tractor sits on the edge of the Queck farm west of Orient, Iowa with a pile of debris in the background where a cattle barn used to stand. The farm was destroyed by the May 21 EF-4 tornado. (DTN photo by Jennifer Carrico)

    Iowa Farm Begins Tornado Recovery

    An EF-4 tornado ripped through several counties in southwest Iowa on May 21, leaving a massive path of destruction. It leveled farms, houses and businesses. A Presidential Disaster Declaration will help residents get assistance to rebuild their lives.

  • The U.S. Commodity Futures Trading Commission filed a civil enforcement action against Texas-based Agridime. (DTN file photo)

    CFTC Charges Agridime in Cattle Fraud

    The U.S. Commodity Futures Trading Commission filed a civil enforcement action against Texas-based Agridime. The company allegedly conducted a $191 million Ponzi scheme that included fraudulently selling securities in cattle contracts.

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