Close
Home  Markets
 
 
Monday, April 21,2014

Domestic demand expected to increase

by Kerry Halladay, Associate Editor
The cash fed trade developed in a slow trickle throughout the week last week. By Thursday afternoon, over 59,000 head had been confirmed sold for the week at a weighted average of $146.79 live and $233.33 dressed. That was decidedly lower compared to the prior week’s $147-148 live and $240-241 dressed prices.

Read more Read it in print
Friday, April 18,2014

U.S.-made farm equipment exports fall 6 percent

by DTN
On the positive side, exports to Asia increased 5 percent for a total of $1.2 billion while exports to Canada increased 6 percent for total of $4.3 billion. The increase in Asia was aided by China having government polices still supportive of agriculture focusing on productivity and increasing farm income, he said.

Read more Read it in print
Monday, April 14,2014

Higher losses plague packers, cutout down

by Kerry Halladay, Associate Editor
Packers are bleeding out red ink again, and last week looked like the cash fed cattle market was going to wring a bit more red out of them. By close of trade Thursday afternoon, barely 5,000 head had been confirmed sold for the whole week, and then only at $150 live and average $240.

Read more Read it in print
Friday, April 11,2014

Corn called bullish in the supply report

by Kerry Halladay, Associate Editor
Last Wednesday saw the release of the most recent World Agricultural Supply and Demand Estimates (WASDE) report. The report was called bullish for corn given the increases made to corn export to reflect the quick pace of corn trade in recent months, and not all that surprising for meat.

Read more Read it in print
Monday, April 7,2014

Feeders leave fed cattle in the dust

by Kerry Halladay, Associate Editor
The cash fed cattle trade decided to play an opposite day prank for the week of April Fools. Compared to the prior week, where the bulk of a very large weekly cash fed trade took place early in the week for surprisingly higher money, last week was sluggish, inactive, and what few trades did occur prior to publishing were depressed.

Read more Read it in print
Friday, April 4,2014

Prices will remain high until numbers increase

by WLJ
Live-weight steers reached $130 per hundredweight for the first time last October. January brought $140 per hundredweight and in February prices cleared $150 for the first time. Those prices were enough to interest cattlemen in expanding their herds..

Read more Read it in print
Friday, April 4,2014

Cold and wet spring adds to cattle management, marketing challenges

by WLJ
A myriad of factors are at work in cattle and beef markets now. Spring has arrived, according to the calendar, but it isn’t obvious yet in many parts of the country. Cold weather continues to delay grass greenup in many regions in a fashion that is reminiscent of last year.

Read more Read it in print
Friday, April 4,2014

Planned corn acres down for 2014-15

by Kerry Halladay, Associate Editor
Every year, USDA’s National Agricultural Statistics Service (NASS) collects surveys from a large number of American farmers and ranchers asking what they plan to plant. This information is collected into the Prospective Plantings report, and the information is invaluable to the markets and subsequent reports.

Read more Read it in print
Friday, April 4,2014

Restaurant performance rises, despite slowdowns

by WLJ
Although challenging weather conditions in many parts of the country continued to impact customer traffic in February, the National Restaurant Association’s Restaurant Performance Index (RPI) remained above 100 for the 12th consecutive month. The RPI—a monthly composite index that tracks the health of and outlook for the U.

Read more Read it in print
Monday, March 31,2014

Cash and live futures rally strong mid-week

by Kerry Halladay, Associate Editor
It is such an alien thing to report these days, but cash fed cattle trade was wrapping up Wednesday last week, with the prices paid surprising even bullish analysts. Live cattle went for $150-154, with most volume in the $152-154 area—up $4 in the Southern Plains and steady to up $1 in the Corn Belt—and $242-245 dressed.

Read more Read it in print
 
 
User Box (click to open)
 
SEARCH IN WLJ
Sign up for our newsletter!
   
 
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.