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 Flash
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 Flash
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 Flash
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 Flash
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
BEEF FLASH: The Retail Beef Price Composite (RBPC) was at $5.51 in April, up 5 cents from the month prior
Retail Beef Prices
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
July Cattle Inventory: All cattle and calves in the United States on July 1, 2019 totaled 103 million head, unchanged from the 103 million head on July 1, 2018
Cattle Inventory
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
National Feeder Cattle Report: Fall officially starts on Monday, however fall runs have not
Feeder Cattle
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
TOP 25: The largest steer and heifer string sold this week was 249 steers (800#) from El Reno, Oklahoma at $140.00
Salebarn Network
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 Flash
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 Flash
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 Flash
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 Flash
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 Flash
Slaughter cow prices skyrocketed early this week at auctions nationwide. Demand for boneless lean ground beef continued to move higher as cow plants needed product to move through the marketing chain this week to fill ground beef orders place by retailers (NFCR)
Cattle Flash
STEER TRACKER: The average paid on Tuesday for the top 25 steer strings ($127.36) was $5.43 higher than the nearby CME April futures ($121.93) -- Spread narrowed more than $6 since yesterday
Cattle Flash
SCHWIETERMAN CATTLE: The Dollar is now trading back above 100.00, providing unneeded pressure for commodities in general.
Cattle Flash
SCHWIETERMAN CATTLE: Cash trade has been lacking so far this week, with limited trade near $113
Cattle Flash
CATTLE EXPORTS: The United States has exported 56K head of cattle so far in 2020, up 32% from 2019
Cattle Flash
CATTLE EXPORTS: The U.S. has exported 44K head of cattle to Canada so far in 2020, up 25% from last year
Cattle Flash
CATTLE EXPORTS: The United States has exported cattle to 12 different countries so far in 2020
Cattle Flash
CATTLE EXPORTS: The United States has exported the most cattle so far in 2020 to Canada followed by Vietnam & Mexico
Cattle Flash
CATTLE IMPORTS: The United States has imported 112K head of cattle from Canada so far in 2020, down 3% from 2019
Cattle Flash
CATTLE IMPORTS: The United States has imported 205K head of cattle from Mexico so far in 2020, down 5.4% from 2019
Cattle Flash
CATTLE IMPORTS: The United States has imported 316.9K head of cattle so far in 2020, down 4.5% from 2019
Cattle Flash
BEEF IMPORTS: The United States has imported 474.8 million pounds of beef so far in 2020, up 1.42% from 2019
Cattle Flash
Live cattle weights reported this week at 1,375 lbs., down 1 lb. from last week, up 36 lbs. from last year (EWMP)
Cattle Flash
Weekly cattle slaughter reported at 626K head, down 7.4% from last week, down 0.2% from last year (EWMP)
Cattle Flash
Weekly beef production reported at 519.3 million pounds, down 7.4% from last week, up 3.2% from last year (EWMP)
Cattle Flash
BEEF FLASH: The United States has produced 7.16 billion pounds of beef and 7.74 billion pounds of pork so far in 2020 (EWMP)
Cattle Flash
CME LIVESTOCK: Live Cattle: $88.325 (-4.50); Feeder Cattle: $108.25 (-2.425); Hogs: $40.225 (-4.475); Milk: $13.21 (-0.39)
Cattle Flash
The 5-Area weighted average prices LAST YEAR were $124.43 live and $204.03 dressed (Griffith)
Market Flash
The big surprise this week was in the slaughter cow and bull market where the bottom fell out of prices (Andrew Griffith)
Cattle Flash
The spring flush of grass is strong in the Southeastern United States, but underperforming live cattle futures have feeder cattle futures floundering which means calf prices are going nowhere fast (Andrew Griffith)
Cattle Flash
