Cattle Market Notes Week Ending April 7, 2017

Cattle Quick Thoughts The February meat exports report was released this week by USDA. Overall, the trend of strong export numbers continued. Total beef exports in February 2017 were 9 percent higher than February 2016. The value of U.S. beef … Continue reading

Cattle Market Notes Week Ending March 31, 2017

Cattle Quick Thoughts Mississippi cattle prices have shown steady improvements since mid-February. Average auction prices for lighter weight (500-550lb) and heavier (750-800lb) steers are each about $10/cwt higher than six weeks ago. Perhaps the most impressive 2017 MS price rally … Continue reading

Cattle Market Notes Week Ending March 24, 2017

Cattle Quick Thoughts The ongoing scandal in the Brazilian meatpacking industry is impacting the flow of beef around the world. Some meatpacking companies in Brazil are under investigation for allegedly bribing food sanitation inspectors according to a recent report by … Continue reading

The Four Percent Rule of Crop Insurance

With a looming farm bill debate, crop insurance stands as the largest single component of the crop farm safety net.  The program provides risk protection from low yield or revenue in return for a premium that producers pay.  These premiums … Continue reading

Cattle Market Notes Week Ending March 17, 2017

Cattle Quick Thoughts This week marked the fourth consecutive weekly increase in choice wholesale boxed beef prices. In total, choice boxed beef averaged $32.63 higher in the week ending March 17th than in the week of February 17th. The fact … Continue reading

Cattle Market Notes Week Ending March 10, 2017

Cattle Quick Thoughts Demand for beef in export markets started 2017 strong according to the most recent report. USDA ERS released the livestock trade data totals for January 2017 on March 9th. Exports in the month of January 2017 were … Continue reading

Where have the Generic Acres Gone? Where will they go?

As the cotton industry asks for a new Title I program in the next Farm Bill, the question of what becomes of generic base becomes a central issue.  In this report, we summarize a USDA/FSA report summarizing the program crops … Continue reading

Cattle Market Notes Week Ending March 3, 2017

Cattle Quick Thoughts The past two weeks have seen sizable increases in boxed beef prices. Average choice box price is up nearly $17 over the week ending February 17th. Likewise, we have seen increases in fed cattle cash prices. Live … Continue reading

February 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 on Friday, February 24, 2017. The report was in line with pre-report expectations for placements and marketings. The total number of cattle … Continue reading

Cattle Market Notes Week Ending February 24, 2017

Cattle Quick Thoughts The Central Mississippi Producer Advisory Council Meeting was held in Raymond on February 22nd. This meeting was designed to give producers across all commodities the opportunity to discuss issues important to their operations and that they would … Continue reading