Close
Home  Markets
 
 
Monday, July 7,2014

Fed cattle go higher in short week trade

by Kerry Halladay, Associate Editor
Cash fed trade developed early last week in a start and stop sort of fashion. About 1,500 head were confirmed sold on Monday at $152- 153 live in Kansas, then by Wednesday afternoon, over 3,500 head were sold in addition at prices ranging from $155-158 live and $245-246 dressed.

Read more Read it in print
Thursday, July 3,2014

Rabobank: Volume of protein imports to China remain high

by WLJ
According to the latest Rabobank report, Beef Quarterly Q2 2014, the global beef market will regain its positive momentum in Q3, once the current, temporarily high supply has worked through the system. This will likely support further strengthening of prices, as supply of competing animal proteins tighten.

Read more Read it in print
Monday, June 30,2014

Futures rally despite being overbought

by Kerry Halladay, Associate Editor
Asking prices started the week slightly elevated from the prior week’s sales of $148-150 live and $234-238 dressed. However, after a strong rally—again—in the futures markets, asking prices jumped up a few more dollars. By Thursday morning, cattle feeders were asking $153-154 live and $240-242 dressed.

Read more Read it in print
Friday, June 27,2014

U.S. exporters say they appreciated Chinese red meat trade team visit

by WLJ
Senior-level buyers from some of the top red meat importers in China and Hong Kong toured the heartland of America with the U.S. Meat Export Federation (USMEF) last month, getting a top-tobottom education on U.S. agriculture and the red meat industry..

Read more Read it in print
Friday, June 27,2014

Stored beef declines

by Kerry Halladay, Associate Editor
The most recent Cold Storage report was released last week. It showed that stores of beef in all warehouses across the country are down considerably from the same time last year. As of May 31, there were 378.9 million pounds of beef in cold storage, representing 38.

Read more Read it in print
Friday, June 27,2014

No new surprises

by Kerry Halladay, Associate Editor
Cattle on feed in feedlots of 1,000 head or greater capacity as of June 1 stood at 10.59 million, down 1.7 percent compared to June 1 of last year. As has been the case for the past several months, all of the major cattle-feeding states, save Nebraska, saw declines in their on-feed populations.

Read more Read it in print
Monday, June 23,2014

Cash fed, product values climb

by Kerry Halladay, Associate Editor
The markets were alive last week! Cash feeders were still shooting for the stars, feeder futures were bouncing off the walls, and—despite analysts’ predictions—the bulk of the cash fed trade was accomplished ahead of last Friday’s Cattle on Feed report.

Read more Read it in print
Monday, June 16,2014

Production estimates decline with supplies

by Kerry Halladay, Associate Editor
The most recent World Agricultural Supply and Demand Estimates (WASDE) report was released last Wednesday. Though much of the grain-trading world was awaiting its release, the Crop Progress report had more interesting data than did WASDE. Projections of meat and poultry production show the effect of decreased supplies in beef, however.

Read more Read it in print
Monday, June 16,2014

Fed cattle, feeder cattle move higher

by Kerry Halladay, Associate Editor
Relative to the action in the feeder markets, describing the cash fed trade of last week as in low gear would be generous. That said, trade—once it happened—was decent. By Thursday afternoon, 18,083 head of cattle had been confirmed sold, almost all of them on Thursday, at $148 live in the Southern Plains and $233-235 dressed in the Corn Belt.

Read more Read it in print
Friday, June 13,2014

Beef, pork exports continue growth trend

by WLJ
U.S. beef and pork exports continued their positive growth trend in April, increasing by double digits in volume and by an even healthier margin in value, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (US- MEF).

Read more Read it in print
 
 
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 31
 
 

© 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.