If you're not ready for a higher cattle market for a while, you better settle in and get ready for it, because it's going to continue for "multiple years" into the future, one expert says. Record beef prices at the consumer meat case ...
Tags: Beef Herd, cattle market
National Beef Packing Company announced today that they will be closing their beef processing facility in Brawley, California in early April. The closure is the result of tight margins due to declining cattle numbers. The plant employs ...
Tags: Packing plant, beef
The first USDA Cattle on Feed Report of 2014 shows a five percent smaller set of cattle in US Feedlots as of January first of this year versus January 1, 2013. While that shows the tightness of the US beef supply, it may still not be enough ...
Tags: beef supply, US Feedlots
The recently released december 1 cattle on feed report told us about what we expected – cattle numbers nationwide are down. Specifically, cattle on feed in yards with capacity of 1,000 head or more was 10.7 million head, 5 percent ...
Tags: IOWA, Cattle, Feed Report
The USDA released its last Cattle on Feed report of 2013 this past Friday and it showed the number of cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.7 million ...
Soybeans closed lower Monday. That is in spite of a USDA announcement of 120,000 tons of U.S. soybeans being sold to unknown destinations. According to DTN, the market was showing caution as prices approached December’s highs. The ...
Tags: Soybean Futures, USDA
The December Cattle on Feed report said the number of cattle in large feedlots was down 5.5% at the start of the month. November placements were down 3.1% and November marketings were down 4.5%, largely due to one fewer slaughter day. The ...
Tags: Beef Prices, Food
Mar. corn closed at $4.30 and 1/2, up 5 and 1/2 cents Jan. soybeans closed at $13.27, up 3 cents Jan. soybean meal closed at $442.10, up 90 cents Jan. soybean oil closed at 39.33, up 27 points Mar. wheat closed at $6.10 and 3/4, ...
Tags: Corn, Soybean Prices
Mar. corn closed at $4.25, down 1 and 3/4 cents Jan. soybeans closed at $13.24, down 22 and 1/2 cents Jan. soybean meal closed at $441.20, down $6.80 Jan. soybean oil closed at 39.06, down 25 points Mar. wheat closed at $6.12 and ...
Tags: Corn, Soybean Prices
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.7 million head on December 1, 2013. The inventory was 5 percent below December 1, 2012. This is the second ...
Tags: Agriculture, Food
First, ethanol use of corn is running behind the seasonal pace to meet current USDA expectations. Our models are indicating that if the current use of corn for ethanol continues we will fall about 125 million bushels short of current USDA ...