Close
Home Daily Market Update  DAILY FED CATTLE; April 23
. . . . . .
Wednesday, April 23, 2014

DAILY FED CATTLE; April 23

by WLJ
Afternoon National Slaughter Cattle Review as of 2:00 pm Wednesday

So far for Wednesday negotiated cash trade was mostly inactive on light demand in all feeding regions. The latest established market in the Southern Plains was last week with live sales at 146.00. In Nebraska last week, live sales sold mostly from 147.00-148.00 with dressed sales mostly from 236.00-238.00. Last week in Colorado live sales sold from 146.00-147.50. In the Western Cornbelt for the previous week, live sales sold from 145.00-150.00 with dressed sales mostly at 236.00.

Negotiated sales:
Confirmed:         322            Week ago:    4,739          Year ago:      380
Week to Date:    1,664            Week ago:   10,134          Year ago:    1,574
 
 


  • Currently 3.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
 
Good prices in the USA live cattle are only bringing half this or less in Australia we have one of the worst and getting worse droughts on record our herds and cattle producers are being decimated in the worst cost price squeezes on record. 2013 saw a record cattle kill result in record beef production and exports eg 2012 China imported 5,000 tonnes Aus beef 2013 China imported 130,000 tonnes Aus Beef, 2014 China wants more! Live cattle exports 2013 Indonesia imports 240,000 cattle 2014 Indonesia wants 700,000 cattle Australian beef packers have had a record profits year in 2013. With the US cattle herd at such low numbers unless there are a lot of cattle in Brazil it is hard to not think there will be some upwards pressure on beef prices in 2014, but the Australian cattle producers experience has been high beef prices do not necessarily translate into higher cattle prices this has made the whole business model of cattle production in Australia unsustainable with a lot of cattle(breeders) simply dying in the paddock because the farmers are not making sufficient profits to run them.
 
User Box (click to open)
 
SEARCH IN WLJ
Get WLJ In Your Inbox!
   
 
S M T W T F S
1 2 3 4 5
6 7 8 9* 10* 11* 12*
13 14* 15* 16 17 18* 19*
20 21* 22* 23 24 25 26*
27 28 29 30
 
 

© Crow Publications - Any reprint of WLJ stories, except for personal use, without permission, written consent and appropriate attribution is prohibited. 2008 Crow Publications. All rights reserved.