LIVESTOCK COMMENTS: With only one week of lower prices on these lightweight calves, it is difficult to draw many conclusions or speak towards a trend. The only thing that can be said is that buyers had less interest in these lightweight calves this week than they did last week
US Cattle Report by National Beef Wire
Beef production for the week ending June 14 totaled 484.9 million pounds, down 4.2% from the prior week’s 506.3 million pounds and down 6.7% from the same week in 2024 (519.6 million pounds). Year-to-date beef production is 11.74 billion pounds, 2.9% below 2024’s 12.09 billion pounds. (#ewmp)
US Cattle Report by National Beef Wire
U of Idaho study confirms previous findings showing spring cattle grazing has no effect on sage-grouse nest success
Cow-Calf Today
COARSE GRAIN OUTLOOK (WASDE): USDA will release its Acreage report on June 30, which will provide survey-based indications of planted and harvested area. Beginning stocks are down 50 million bushels reflecting a forecast increase in exports for 2024/25
WASDE
RETAIL BEEF PRICES: Ground Chuck hit $6.00/lb for the first time in history, marking a major milestone. Both Ground Beef ($5.98) and Lean & Extra Lean Ground Beef ($7.69) also set new all-time record highs, contributing to the upward pressure in the composite.
US Cattle Report by National Beef Wire
Calm (THE BEEF)... It’s another calm trading session for CME cattle futures as the market continues to consolidate after recent gains. Only spot June LC, supported by its $10/cwt discount to cash is making new contract highs daily with ease. Total LC open interest has dropped since last Friday and the market is taking a breather as it considers what’s next
CLARA: Cattle Barometer
U.S. pasture conditions were rated 43% good to excellent this week, up 1 point from the previous week but down from 51% a year ago. Nebraska was at 15%, Missouri at 88%, Kansas at 63%, Texas at 47%, and Montana at 19%, reflecting a wide range in regional conditions
US Cattle Report by National Beef Wire
As of Tuesday, fed cattle trade remains mostly quiet across the major feeding regions. A few early purchases were reported in the Texas Panhandle at $235.00, though volume was too limited to establish a reliable market trend. Negotiated cash trade has been mostly inactive in all regions, with moderate demand observed. (#cattletrade)
US Cattle Report by National Beef Wire
CLARA LIVE: Beaver County Stockyards in Beaver, OK, reported two standout sales Tuesday morning, with 59 head averaging 823 lbs bringing $320.00/cwt and another 59 head at 833 lbs selling for $319.50/cwt. These mark the highest eight-weight steer prices ever recorded at the barn. Congratulations to Beaver County on these exceptional market results.
CLARA LIVE
CLARA LIVE: 🎉 On this Tuesday morning, Beaver County Livestock in Beaver, Oklahoma lit up the national cattle market scoreboard with two powerhouse feeder cattle sales that rank among the highest ever recorded. A load of 117 head averaging 1,019 lbs brought an astounding $288.50, while another sale of 52 head at 1,015 lbs hit $285.00—both setting a thunderous tone for the day. These sales now stand as the 2nd and 7th highest all-time prices nationally for 10-weight steers
CLARA LIVE
Certified Angus Beef Sets Sales Records, Sees Historically High Brand Acceptance Rates
Beef Business