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Friday, January 17,2014

Soaring beef, cattle prices say a lot about beef demand

by WLJ
“This is a good thing for both sides,” said Glynn Tonsor, Livestock Marketing Specialist with K-State Research and Extension, noting that while the prices may be construed as impeding some beef purchases at grocery store meat counters, some consumers are willing and able to buy at these prices.

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Friday, January 17,2014

Feed cost considerations for cow/calf producers: hay, cow carrying costs

by WLJ
Hay production in 2013 reflected the improvement in drought conditions in the last half of the year. In the recently released USDA Crop Production 2013 Summary, all hay production was up 13.4 percent over record low production totals in 2012.

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Monday, January 13,2014

Drought took its toll on Southwest market

by Kerry Halladay, Associate Editor
Times have been tough in the heart of classic cowboy country these past few years. The Southwest has seen some of the worst drought it’s experienced in ages in 2011-2013. Drought and its accompanying friend, fire, has taken a toll on ag real estate and pasture values.

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Monday, January 13,2014

Where's the top to cash fed cattle?

by Kerry Halladay, Associate Editor
Last week the cash fed market continued to ride the rising tide of record prices. Though the bulk of sales were pushed off until Friday, the scattered small volume sells to regional packers were nothing if not a reprisal of the prior week’s tune, though at a slightly higher pitch.

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Friday, January 10,2014

Marketing challenges: logistics, exports and Canadian imports

by WLJ
There are a multitude of factors impacting the shipping market. Major factors include strong growth for several of the major commodity segments, with the growth in Bakken oil and crop shipments being the most notable. There is a persistently strong demand for containers in other logistical market segments.

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Friday, January 10,2014

Distillers grain prices spike

by WLJ
“While corn prices at South Dakota ethanol plants have dropped $1.50 per bushel since Aug. 2, dried distillers grains plus solubles (DDGS) prices have actually increased by $1.05 per ton,” said Darrell Mark, Adjunct Professor of Economics at South Dakota State University.

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Saturday, January 4,2014

Demand, market conditions and lessened drought could move hay markets in 2014

by Kerry Halladay, Associate Editor
The new year of 2014 has been dubbed the year of the Horse in the Chinese calendar, the year of the family farmer by the United Nations, and apparently the year of cheap feed by the markets.

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Saturday, January 4,2014

Cash fed cattle up sharply

by Kerry Halladay, Associate Editor
Cash fed trade last week was riding the strong price tailwind from the prior week. On Friday, Dec. 27, cash cattle prices increased sharply with cattle selling $3-4 higher for live at $133-136 and $3-6 higher with $210-215—mostly $212-214—for dressed.

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Monday, December 30,2013

Production cuts could boost prices

by Kerry Halladay, Associate Editor
The cash fed trade was choppy last week, given the Christmas holiday being smack dab in the middle of the trading week. Analysts expected cattle to sell steady to $1-2 higher than the prior week’s $129-130 live and $205-209 dressed in late-week trade.

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Monday, December 30,2013

Cattle on Feed report called slightly bullish

by Kerry Halladay, Associate Editor
In what has been called “moderately bullish,” the most recent Cattle on Feed report showed on-feed, placements, and marketing numbers below industry expectations. The decline in placements of cattle into feedlots with a 1,000-head-or-greater capacity was especially surprising and friendly to the markets.

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