Cattle Market Notes Week Ending June 23, 2017

Cattle Quick Thoughts The May Cattle on Feed Report was released Friday afternoon. Placements continued to outpace last year. May placements into feedlots were up 12 percent or 230,000 head greater than May of last year. Fed cattle marketings were … Continue reading

Cattle Market Notes Week Ending June 16, 2017

Cattle Quick Thoughts U.S. beef was shipped to China for the first time in nearly 14 years on Wednesday, June 14th. This followed the release of the final trade details on the preceding Monday. This is an important development for … Continue reading

Cattle Market Notes Week Ending June 9, 2017

Cattle Quick Thoughts Another scandal in Brazil is sending waves through the global beef industry. JBS, a Brazilian-based company, is the largest meatpacking company in the world and recently admitted to bribing almost 2,000 politicians in Brazil for exchange for … Continue reading

Cattle Market Notes Week Ending June 2, 2017

Cattle Quick Thoughts I received a good question about what the Boxed Beef Cutout Value (BBCOV) represents at the MS/LA Beef Field Day a few weeks ago. The BBCOV is reported by the USDA Agricultural Marketing Service and it provides … Continue reading