CME LIVESTOCK: Live Cattle: $118.85 (+0.375); Feeder Cattle: $144.275 (+0.875) Hogs: $112.85 (-1.625); Milk: $18.98 (-0.03)
US Cattle Report by National Beef Wire
Weekly beef production reported at 527.3 million pounds, down 1.9% from last week, up 35.6% from last year (EWMP)
US Cattle Report by National Beef Wire
Weekly cattle slaughter reported at 638K head, down 1.7% from last week, up 34.0% from last year (EWMP)
US Cattle Report by National Beef Wire
Live cattle weights reported this week at 1,370 lbs., down 2 lbs. from last week, up 1 lb. from last year (EWMP)
US Cattle Report by National Beef Wire
BEEF UPDATE: The United States has produced 9.7 billion pounds of beef and 10.1 billion pounds of pork so far in 2021 (EWMP)
US Cattle Report by National Beef Wire
SCHWIETERMAN CATTLE: Cash continued to see some modest trade between $118-$119 and $187-$188 in the northern beef market (VIEW REPORT)
US Cattle Report by National Beef Wire
CATTLE TRADE: Thus far for Tuesday negotiated cash trading in Nebraska has been light to moderate on moderate demand with live purchases steady to 0.50 higher at 118.00 compared to the last reported live market on Monday, and dressed purchases 1.00 to 2.00 lower from 188.00-190.00 (VIEW REPORT)
US Cattle Report by National Beef Wire
SCHWIETERMAN CATTLE: Today’s FCE auction has 26 loads for sale, the largest offering in past couple years. Asking prices are expected to be in the $117-$118 range
US Cattle Report by National Beef Wire
BEEF IMPORTS: The United States imported 224.4 million pounds of beef in January 2021, down 8.1% from 2020 (VIEW REPORT)
US Cattle Report by National Beef Wire
U.S. beef exports totaled 2,566.7 million pounds in 2020, down 2.3 percent from the previous year but still the third largest annual beef export total (Peel)
US Cattle Report by National Beef Wire
NATIONAL STEER TRACKER: The highest prices paid so far this week was $161.00 for 80 steers (721#) from Aberdeen, South Dakota (VIEW REPORT)
Cattle Prices
TOP 25: The largest steer and heifer string sold this week was 260 steers (883#) from Yankton, South Dakota at $135.50 (VIEW REPORT)
US Cattle Report by National Beef Wire
Dressed cattle weights reported this week at 846 pounds, compared to 844 last week and 830 last year
Meat Production
Choice boxed beef prices have increased more than $26 since the first week of the year, and this price increase is being led by some specific cuts (Andrew Griffith)
US Cattle Report by National Beef Wire
CATTLE INVENTORY: All cattle and calves in the United States as of January 1, 2021 totaled 93.6 million head, slightly below the 93.8 million head on January 1, 2020 (VIEW REPORT)
Cattle Inventory
With the composite Choice boxed beef price already over $230, there is a chance that the weekly apex for Choice boxed beef this spring could move as high as $250 (Andrew Griffith)
US Cattle Report by National Beef Wire
The upside potential for 500 to 600 pound steers this spring is around $155 per hundredweight (Andrew Griffith)
US Cattle Report by National Beef Wire