Colorado Ranchers send letter to CO governor pleading to remove two wolves harming livestock
Colorado
Not So Fast... Just a small, unsubstantiated rumor that Columbia, an insignificant beef trading partner with the U.S. is stopping imports from states with bird flu in dairy cattle appears to have sent CME live cattle futures into a tail spin. Or at least that’s the talk. This overall story, for all of its holes, will not go away (THE BEEF)
NBW Market Commmentary
DAILY CATTLE SLAUGHTER: Tuesday slaughter at 125K head, compared to 124K last week and 127K last year. WTD slaughter at 238K head, compared to 245K last week and 252K last year (U.S. CATTLE REPORT)
US Cattle Report by National Beef Wire
CME LIVESTOCK: Live Cattle: $177.15 (-0.90); Feeder Cattle: $246.05 (+0.875); Hogs: $107.95 (+2.45) (VIEW COMMODITY QUOTES)
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $4.525 (+0.0275); Wheat: $6.0275 (+0.1525); Soybeans: $11.82 (+0.055); Soybean Meal: $346.10 (+1.30) (VIEW COMMODITY QUOTES)
National Corn Wire
TUESDAY SALES: OKC West; Ozarks Regional; Bluegrass; Rezac; F&T; Beaver County; Knoxville; Springfield; Cleveland County; Four State; Humeston AND MORE (WATCH LIVE)
Salebarn Network
Gas prices down up 4 cents this week to $3.67, up $0.01 from last year. Diesel prices down 2 cents this week to $3.99, down $0.09 from last year
Cash Prices
Ranchers in three counties demand Colorado officials kill four wolves responsible for six dead cattle
Cow-Calf Today
LIVESTOCK COMMENTS: The futures trader is necessary to provide liquidity (i.e. enough trading) for hedgers to establish a position in the market. As cattle futures price increased, there were traders who decided they could make some money so they exited their position and took new positions in some instances
NBW Market Commmentary
Boxed Beef AM: $295.91 (+0.24); Select: $291.43 (+0.60); Ch/Se Spread: 4.48; Total Loads: 51
US Cattle Report by National Beef Wire
CATTLE WEIGHTS: Live weights reported this week at 1,399 lbs., up 1 lb. from last week, up 46 lbs. from last year (EWMP)
US Cattle Report by National Beef Wire
Reintroduced wolves kill four yearling cattle in latest of string of livestock attacks in Colorado
Cow-Calf Today
First-generation Idaho ranchers struggle to stay afloat as inflation drives costs up by 75%
Cow-Calf Today
LIVESTOCK, DAIRY & POULTRY OUTLOOK (APRIL): A temporal shift of cattle slaughter from early to late 2024, as well as higher expected fed cattle weights, helped boost the beef production forecast by 130 million pounds to 26.455 billion pounds
Ag Reports: Most Recent
CATTLE OUTLOOK: The latest Cattle on Feed report, published by USDA, National Agricultural Statistics Service (NASS), showed a March 1 feedlot inventory of 11.838 million head, 1 percent above 11.685
US Cattle Report by National Beef Wire