Cattle Market Notes: Week Ending Mar. 27, 2015

Cash Cattle: Cash transactions were once again limited and few trends were reported this week. The five-area fed steer price ended the week at $163.98 for live sales and $260 for dressed, respectively, up $2.48 and $4.72. A few dressed … Continue reading

Cattle Market Notes: Week Ending Mar. 20, 2015

Cash Cattle: The trend of limited cash cattle trading continued this week. The five-area fed steer price (which encompasses cash and formula priced cattle) ended the week at $161 for live sales, and $255.28 for dressed; respectively, up $0.22 and … Continue reading

March Cattle on Feed Report Recap

The United States Department of Agriculture’s National Agricultural Statistics Service (USDA, NASS) released their monthly Cattle on Feed report Friday afternoon (Mar 20). The report revealed that 10.658 million head of cattle were in U.S. feedlots with a capacity of 1,000 head … Continue reading

Crop Market Update: March 20, 2015

Corn is slightly lower than a week ago with Greenville cash corn selling six cents lower than a week ago at $3.95/bu on Wednesday. Nearby May futures contracts also down 14 cents on the week. Corn prices have remained relatively … Continue reading

Cattle Market Notes: Week Ending Mar. 13, 2015

Cash Cattle: Fed cattle traded relatively steady this week, while dressed cattle were much higher. Both continued to see limited cash activity. The five-area fed steer price (which encompasses cash and formula priced cattle) ended the week at $157.87, live, … Continue reading

Few Changes Made to Balance Sheets in March WASDE

Corn disappearance was increased in the March USDA World Agricultural Supply and Demand Estimates (WASDE), leaving ending stocks 50 million bushels lower than last month’s estimates. Feed and residual use was revised up by 50 million bushels while corn used … Continue reading

Cattle Market Notes: Week Ending Mar. 06, 2015

Cash Cattle: Those fed cattle that actually traded hands were mostly steady once again this week, however very little trade developed. The five-area fed steer price ended the week at $157.87, live, and $250.00, dressed; respectively, up $1.18 and down … Continue reading