Feedlot Placements Higher, but Marketings Strong Also

The latest USDA Cattle on Feed report released Friday showed larger supplies of cattle placed into feedlots was expected prior to the report. The report showed a 13.5% increase in the number of cattle placed into feedlots during the month of September 2017 as compared to the September 2016. Average expectations prior to the report were that placements would be up 7.5%. … Continue reading

Beef Exports Remain Strong

Beef exports continue to exceed 2016 levels as they have every month of 2017. The latest report shows August exports were 14.7 percent higher than the same period last year. This brings the January-August increase to 14.5 percent higher in 2017 than in 2016. The total amount of beef exported in August 2017 was the largest amount of any month since July 2013. … Continue reading

Beef in Cold Storage Situation

Somewhat hidden under the discussion about the cattle on feed report last week was the release of the most recent report on beef in cold storage. The Cold Storage report indicated that frozen stocks were at 476.3 million pounds on August 31st. This represented a 10.3 percent increase in stocks as compared to July. On a percentage point basis, … Continue reading

Understanding Feeder Cattle Price Slides: republished from Dr. Derrell Peel

This week’s article comes from a recent publication by Dr. Derrell Peel at Oklahoma State University. Mississippi prices follow similar patterns and considering price slides is a useful method of price analysis. Feeder cattle prices depend on the weight of the cattle with lightweight cattle typically having the highest price per pound (or hundredweight) and lower prices for heavier cattle.  … Continue reading

September 1st Cattle on Feed Report Recap

The latest USDA Cattle on Feed report released Friday showed larger supplies of cattle placed into feedlots than most analysts expected prior to the report. The report showed a three percent increase in the number of cattle placed into feedlots during the month of August as compared to the same period last year. Average expectations prior to the report were that placements would be slightly lower than last year. … Continue reading

Feeder Steer Price Behavior

Continuing on with the discussion of seasonal cycles in Mississippi Cattle Prices, this week we are looking at a primary source of revenue for many operations: feeder steers. Feeder steer prices in Mississippi are dependent upon prices around the country. Feedlot demand for steers and stocker demand for steers are both important drivers of the feeder markets. … Continue reading

Cull Cow Price Behavior

Cull cow prices are an important factor for many operations in the Southeast. Most operations wean calves in the fall months, and that is also when they select cows for culling and begin to sell them. As we approach the Fall, seasonal price behavior generally pushes cull prices lower. On average, cull cow prices in October through December each year are about 15 percent lower than during the summer months. … Continue reading

Total Meat Supply and Disappearance

This week’s article comes from a recent publication by the Livestock Marketing Information Center (LMIC). Total U.S. red meat and poultry production are often cited as “record high,” which is correct this year and last, and LMIC forecasts that situation to persist through 2019. However, production numbers need to be in context, which is often not done. … Continue reading

August 1 Cattle on Feed Report Comments


The latest cattle on feed report released by USDA on Friday showed a feedlot inventory of 10.6 million head. This is a 4.3 percent increase over August 1, 2016, and is the largest inventory for August since 2012. In total, there are an estimated 439,000 more head of cattle in feedlots than at this time last year. … Continue reading

Hay Production Down from 2016 Levels

Hay production in the Southeast is estimated to be down by slightly less than one million tons as compared to 2016 levels according to USDA-NASS (National Agricultural Statistics Service) based on crop conditions as of August 1. This is approximately a three percent decrease in production. In Mississippi, production is projected to be approximately the same as last year at only a one percent decrease. … Continue reading