Cattle Market Notes: Week Ending Apr 24, 2015

Cash Cattle: Cash traded fed cattle finished the week lower. The five-area fed steer price ended the week at $158.91 for live sales, and $252.14 for dressed; respectively, down $3.80 and $3.82. Cash trades in the Southern Plains (TX & … Continue reading

April Cattle on Feed Report Recap

** Updated Sunday, April 26 ** The United States Department of Agriculture’s National Agricultural Statistics Service (USDA, NASS) released their monthly Cattle on Feed report Friday afternoon (Apr 24). The report revealed that 10.797 million head of cattle were in U.S. feedlots … Continue reading

Cattle Market Notes: Week Ending Apr 17, 2015

Cash Cattle: Cash traded fed cattle finished the week steady to lower. The five-area fed steer price ended the week at $162.71 for live sales, and $255.96 for dressed; respectively, down $0.42 and $8.05. Concerns continue to mount of cash … Continue reading

Cattle Market Notes: Week Ending Apr 10, 2015

Cash Cattle: Cash traded fed cattle finished the week lower. The five-area fed steer price ended the week at $163.13 for live sales, and $264.01 for dressed; respectively, down $3.54 and $0.71. Kansas traded at $163, live, on Friday, while … Continue reading

April Agricultural Supply and Demand Estimates

The United States Department of Agriculture’s Office of the Chief Economist (with collaboration from a number of USDA agencies) released their monthly World Agricultural Supply and Demand Estimates report today (April 9). At this stage the reports do not carry … Continue reading

Crop Acreage Expectations and Grain Stocks

Earlier this week USDA released their annual Prospective Plantings report and their quarterly Grain Stocks report (both on Tuesday, March 31). The Prospective Plantings report uses the results of producer surveys from late February through early March to set the … Continue reading

Cattle Market Notes (Condensed Version): Week Ending Apr 02, 2014

Futures and equity markets will be closed tomorrow for the Good Friday holiday, as will USDA offices, thus this week’s market notes will be short. — Happy Easter to everyone, John Michael Thursday’s five-area steer price came in at $166.73, … Continue reading