CATTLE EXPORTS: The United States has exported 1 head of cattle to China so far in 2018
Exports
CATTLE TRADE: Negotiated cash trade on Thursday in Nebraska has been light on moderate demand with some early dressed sales at 175.00
Market Update
CATTLE ON FEED: This is the highest October 1 inventory since the series began in 1996
Cattle on Feed
CATTLE TRADE: Compared to last week in the Southern Plains, live sales in the Texas Panhandle traded mostly 1.00 higher, with Kansas sales 1.00-2.00 higher at 118.00 in both regions
Market Update
CATTLE FLASH: Cattle weights in February were the lowest for February in 5 years (since 2014)
CATTLE FLASH
Wake Up Call: Cattle futures ended in positive territory with support from signs of tightening supplies, overriding a seasonal trend that usually shows rising stocks ahead of the summer grilling season (Allendale)
Market Commentary
Retail ground beef prices reach $3.80/lb. in January, the highest in 33 months (since May 2016)
Retail Beef Prices
Showlists are estimated at 280,800 head this week vs. 299,500 head last week and 287,800 head last year (@MidwestMarkets)
Cattle Network
In net trade, the U.S. continues to be a net beef importer from Canada. Strong slaughter in Canada (+11% YTD) continues to support U.S. beef imports from Canada (@CattleFax)
Cattle Network
April 19' Cattle expired at 123.750 yesterday. The exact same price that April 18' Cattle expired at last year (@TopThird)
Cattle Network
Live Cattle/Feeders: Trading could be characterized by end of the month position-squaring. Recent weakness in boxed beef values may limit buying interest (Advance Trading)
Market Commentary
Last week’s beef cutout cont'd to be attacked from all angles. The biggest cutout detractors are in red (@cattlefax)
Market Update
The initial forecast for 2020 commercial beef production is expected to set a record of 27.5 billion pounds, surpassing by almost 1% what is expected to be a record level in 2019
Market Commentary
CALF TRACKER: The largest calf string sold so far today was 18 steers (456#) from Bloomington, Wisconsin at $170.00
Cow-Calf Today
The USDA reported estimated weekly cattle slaughter this week at 664K head, the highest so far in 2018
Market Update
Cattle are currently struggling with 3 major headwinds: global trade disputes, rising grain prices and a successful marketing campaign by Beyond Meat (@TradesByDave)
Cattle Network
Seasonally, beef in cold storage typically declines in the first 5 mo. of the yr & remains there through summer before inventories build again in Sept (@Cattlefax)
Cold Storage
Lean ground beef prices reported at $5.29/lb. in April, up 10 cents from last month
Retail Beef Prices
Steak, Round (USDA Choice) prices reported at $5.86/lb. in April, up 2 cents from last month
Retail Beef Prices
BEEF FLASH: Weekly beef production has been under 500 million pounds 10 times so far in 2019
Meat Production
CATTLE ON FEED: 5 states had smaller inventories in June than last month: Arizona, Iowa, Minnesota, Nebraska & South Dakota
Cattle on Feed
The United States is projected to produce 27.43 billion pounds of beef in 2019. If realized, this will be the most beef ever produced in one year on record
Cattle Network
If Cattle closes limit down tomorrow, I'll get the daily chart tattooed on my lower back (@TopThird)
Comedy (Channel 67)
Pretty sure at this point you could justify to your banker that getting long cattle is a hedge (@TopThird)
Cattle Network
America is obsessed with beef. But it has no use for hides, so leather prices plunge (LATimes)
Cattle Network
BEEF FLASH: USDA to probe beef, cattle prices after Tyson Foods slaughterhouse fire (@ReutersAg)
BEEF FLASH
Is there a technical term for this chart pattern? If not I would like to trademark it as the Oklahoma Smile Doji™ which will be my mark on history (@TopThird)
Cattle Network
CALF TRACKER: The average price paid on Thursday for the top 25 calf strings (under 500#) was $159.90
The Calf Channel
SALEBARN OWNERS: If you would like to have your prices included on the National Beef Wire, please contact Corbitt Wall at (816) 261-0432 or email at cwall@dvauction.com
Feeder Cattle
Experts explaining what happens in the last 15 minutes of everyday trading live cattle (@NickFickbohm)
Comedy (Channel 67)
CATTLE PRICES (over 800#): Stockmen's Livestock Market - Yankton (Yankton, SD) reports 67 Heifers (1,324 lbs) @ $98.75
Cattle Prices (Channel 31)
Cattle had that classic bottom V -- Bears gettin scurred -- The whole trade is lookin real good (@TopThird)
Cattle Network
Red meat and poultry production in 2019 is projected at 104.603 billion pounds, down 21 million pounds from last month
Ag Production
SHOUT OUT! CALF's Featured Lady is Missy McClure. Read all about her and her incredible accomplishments
Shout Out
When you’ve forward contracted cattle but you’re mad about cash negotiation (@TopThird)
Cattle Network
It’s reported that Herd Co Cattle Company and Pinnacle Bank involved with the purchase of at least parts of Adams Land and Cattle (@seedcattleguy)
AgToday
Cattle breeding facility explosion makes for some nutty headlines: A fire at a cattle breeding facility in Australia destroyed at least 100 cylinders of bull semen
FETVH (Fire, Earthquakes, Tornados, Volcanoes & Hurricanes)
RT until @TheEllenShow sees this! U.S. beef has a carbon footprint 10-50 times lower than some nations, cattle only account for 2% of U.S. GHG emissions (@BeefUSA)
NCBA
DYK: Kansas is home to more cattle than people, and is the third largest beef producing state (@kstateag)
Kansas State University
STEER TRACKER: The average price for the top 25 steer strings (700-899#) sold this week was $141.53, compared to $140.31 last week
Salebarn Network
STEER TRACKER: The largest string sold this week was 249 steers (800#) from El Reno, Oklahoma at $140.00
Price Blaster
CALF TRACKER: The average price paid for the largest calf strings this week was $160.42, compared to $141.61 last week
The Calf Channel
The Morning Cattle Report: Cash prices, salebarn reports, market commentary (Channel 337)
Morning Cattle Report
Today's Weather: In the Caribbean, Tropical Storm Karen will move northward, passing near or over Puerto Rico and the U.S. Virgin Islands later today
Weather
WASDE LDP: USDA’s Quarterly Hogs and Pigs report will be released on September 27 and provide information on producer farrowing intentions into early 2020
WASDE
Corn production projected at 13.799 billion bushels in September, down 102 million bushels from last month
Ag Production
BEEF BALANCE SHEET: Beginning beef stocks for 2019 are projected at 662 million pounds, unchanged from last month
Beef Balance Sheets
BEEF BALANCE SHEET: Ending beef stocks for 2019 are projected at 670 million pounds, up 10 million pounds from last month
Beef Balance Sheets
Beef production in 2019 is projected at 26.953 billion pounds, down 90 million pounds from last month
Ag Production
Weekly cattle slaughter reported at 658K head, compared to 629K last week and 653K last year
Meat Production
CATTLE FLASH: Dressed cattle weights reported this week at 817 pounds, compared to 816 last week and 829 last year
Meat Production
Live cattle weights reported this week at 1,346 pounds, compared to 1,342 last week and 1,362 last year
Meat Production
BEEF EXPORTS: South Korea was the largest buyer this week with 8.8 million pounds, accounting for 24% of total sales
Cattle Network
Weekly red meat production projected at 1.080 billion pounds, beef at 536.6 mp, pork at 539.8 mp
Meat Production
CATTLE FLASH: Weekly cattle slaughter has averaged 637,100 head over the past 10 weeks
Meat Production
BEEF FLASH: Weekly beef production has averaged 514.4 million pounds over the past 10 weeks
Meat Production
CATTLE FLASH: The estimated daily cattle slaughter has averaged 116,330 head so far in 2019
Cattle Network
CATTLE FLASH: The United States has slaughtered 23.9 million head of cattle so far in 2019, up 1.1% from 2018
Meat Production
BEEF FLASH: The United States has produced 19.2 billion pounds of beef so far in 2019, up 0.1% from 2018
BEEF FLASH
Weekly beef production has been under 500 million pounds 26 times in the last 88 weeks
Meat Production
Beef production in 2020 is projected at 27.670 billion pounds, up 717 million pounds from 2019
Protein Production Estimates
Weekly red meat production has only been under 1 billion pounds 5 times so far in 2019
Meat Production
BEEF FLASH: Weekly beef production has been under 500 million pounds 8 times in last 30 weeks
Meat Production
The August 9th fire at a beef cattle slaughter facility in Kansas remains the story line which factors in to boxed beef prices (Andrew Griffith)
University of Tennessee
CATTLE EXPORTS: Canada and Mexico have accounted for roughly 95% of U.S. cattle exports so far in 2019
Exports
Feb. live cattle futures slumped 0.150 cent to 125.775 cents per lbs. March feeders futures dipped 0.500 cent to 143.725 cents per .lbs Thursday.
Cattle Network
CATTLE INVENTORY: All cattle and calves in the United States as of January 1, 2020 totaled 94.4 million head, slightly below the 94.8 million head on January 1, 2019
Cattle Inventory
The cattle inventory in Texas was reported at 13.0 million head in 2020, unchanged from 2019
Cattle Inventory
Heavier carcass weights in 2020 are expected to keep total beef production at or near record levels even as cattle slaughter decreases slightly (Peel)
Cattle Update
Improved cattle genetics and feeding technology have allowed steer and heifer carcass weights to continue pressing higher. However, multiple research studies have shown that bigger carcasses and the larger beef cuts (bigger steaks) that result have some negative demand implications (Peel)
Cattle Update
Over the past 50 years, bull carcasses averaged 56.8 pounds heavier than steers but the gap has narrowed to just 18.3 pounds in the last decade (Peel)
Cattle Update
BEEF FLASH: Latest weekly steer carcass weights were 897 pounds, down four pounds from the prior week but 12 pounds heavier than the same week one year ago (Peel)
Cattle Update
July Cattle Inventory: All cattle and calves in the United States on July 1, 2018 totaled 103 million head, 1 percent above the 102 million head on July 1, 2017.
Cattle Inventory
Texas had the largest increase in cattle inventory in the United States in 2019 followed by Oklahoma & Idaho
Cattle Inventory
Missouri had the largest drop in cattle inventory in 2019 followed by California, Iowa, Montana & Wisconsin
Cattle Inventory
BEEF EXPORTS: U.S. sales (year-to-date) reported at 743.6 million pounds in 2020, up 16.83% from last year
Cattle Update
CATTLE IMPORTS: The United States has imported 248K head of cattle from Canada so far in 2020, down 13.3% from 2019
Cattle Update
CATTLE IMPORTS: The United States has imported 731.5K head of cattle so far in 2020, down 7.3% from 2019
Cattle Update
CATTLE IMPORTS: The United States has imported 483K head of cattle from Mexico so far in 2020, down 3.95% from 2019
Cattle Update
CATTLE EXPORTS: The United States has exported the most cattle so far in 2020 to Canada followed by Mexico & Vietnam
Cattle Update
CATTLE EXPORTS: The U.S. has exported 89K head of cattle to Canada so far in 2020, up 11.7% from last year
Cattle Update
CATTLE EXPORTS: The United States has exported cattle to 16 different countries so far in 2020
Cattle Update
CATTLE EXPORTS: The United States has exported 104K head of cattle so far in 2020, up 8.6% from 2019
Cattle Update
BEEF IMPORTS: The United States has imported 1.3 billion pounds of beef so far in 2020, up 0.4% from 2019 (SEE CATTLE FLASH REPORT)
Cattle Update
SCHWIETERMAN CATTLE: Cash trade was more active on the day, with $94- $100 paid and average prices rising to $97.72 on steers
Cattle Update
July Cattle Inventory: All cattle and calves in the United States on July 1, 2020 totaled 103 million head, slightly above the 103 million head on July 1, 2019 (VIEW REPORT)
Cattle Inventory
Cattle Trade: Thus far on Tuesday negotiated trade in Kansas is light on light demand with live sales 2.00 higher than last week at 106.00
Cattle Update
RETAIL BEEF PRICE: The Retail Beef Price Composite (RBPC) was at $6.88 in June, up 30 cents from the month prior
Cattle Update
RETAIL BEEF PRICES: Retail ground beef prices in June 2020 were at $4.74/lb., up 28 cents from the month prior and up 93 cents from the same time last year. This is the highest price on record
Cattle Update
Steer prices in 2020 are projected at $108.71, up $1.41 from last month. Steer prices in 2021 are projected at $114.00, up $5.29 from 2020 (VIEW REPORT)
WASDE
The 5-area weighted average prices thru Thursday were $104.16 live, down $0.95 compared to last week and $159.70 dressed, down $4.27 from a week ago. A year ago, prices were $111.91 live and $177.59 dressed (Griffith)
Market Update
Since the first week of July, over 10,000 head of beef cattle for slaughter have been exported to Mexico compared to 134 head for the first ten months of 2019. These are some of the highest volumes of cattle being shipped to Mexico for slaughter since the early 2000s (Andrew Griffith)
Cattle Update
Seasonally speaking, it is good to be exiting October and moving into the end of the year holiday months. This generally marks the time when retailers begin making orders for end of the year holiday events (Dr. Andrew Griffith)
Cattle Update
Current calf prices offer stocker and backgrounding operations a good purchasing opportunity even though many of the cattle will be high risk for health issues given the stress of being weaned on the truck and the wide temperature swings that are common in the fall months (Andrew Griffith)
Cattle Update
Many producers see doom and gloom for the cattle market, but things will look more favorable as the market moves into January and as spring buying begins to pick up (Andrew Griffith)
Cattle Update
BEEF UPDATE: The United States has produced 23.87 billion pounds of beef and 25.0 billion pounds of pork so far in 2020 (EWMP)
Cattle Update
Live cattle weights reported this week at 1,391 lbs., up 2 lbs. from last week, up 13 lbs. from last year (EWMP)
Cattle Update
Early week sales of calves and yearling were steady to 3.00 higher, while those later in the week were steady to 4.00 lower (NFCR)
Cattle Update
Weekly beef production reported at 559.1 million pounds, up 1.7% from last week, up 1.0% from last year (EWMP)
Cattle Update
Weekly cattle slaughter reported at 665K head, up 1.8% from last week, down 0.4% from last year (EWMP)
Cattle Update
SCHWIETERMAN CATTLE: Live cattle futures closed sharply higher to start the week, supported by the friendly on feed report and continued strength in the boxed beef (VIEW REPORT)
Cattle Update
TOP 25: The largest steer and heifer string sold on Monday was 282 steers (908#) from Joplin, Missouri at $134.25. The second largest string was 180 steers (739#) from Joplin, Missouri at $137.35 (VIEW REPORT)
Cattle Update
