Cattle feeders need an ongoing understanding of the relationship between corn and Dried Distiller’s Grains in cattle rations and how the relationship affects profitability, said Brenda Boetel, agricultural economist at the University of Wisconsin, in a Livestock Marketing Information Center letter to Extension agents called In The Cattle Markets.   A LOOK AT PRICES   … Read More

So far in 2022, beef exports have increased over 2021’s record levels, but they are facing headwinds, said Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel, in a letter to Extension agents called Cow-Calf Corner.   SEPTEMBER DATA WORRISOME   The January – September period has total beef exports up 4.6% year over year, … Read More

Cow/Calf producers who retain cattle over the winter should recalculate the value of gain for cattle in the spring to determine if the market still is willing to pay them to put on additional weight, said Elliott Dennis, extension livestock economist at the University of Nebraska, Lincoln, in a Livestock Marketing Information Center letter called … Read More

If there’s one thing market analysts have learned over the years it’s that market perception often is stronger than market reality. Often, those two go hand in hand, but just when it seems market realities are lining up, market perceptions take over, extending a market move or taking prices in a direction that defies logic.  … Read More

Tenth Federal Reserve Bank district interest rates on farm loans increased sharply in the third quarter, and the acceleration in farm real estate values continued to ease, said Nate Kauffman and Ty Kreitman, economists at the Federal Reserve Bank of Kansas City, in a release. Farm income and credit conditions remained solid, but the pace … Read More

The new USDA forecast for 2022 red meat and poultry production was raised from last month as higher beef and broiler forecasts for the fourth quarter were offset partly by lower pork and turkey forecasts, the agency said in its November World Agricultural Supply and Demand Estimates report Wednesday.   2022 BEEF PRODUCTION UP; 2023 … Read More

Unless unexpected external market pressure develops, Oklahoma cattle prices are expected to finish the year strong, and the 2022 peaks possibly recorded before the end of the year, said Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel. Commenting in a letter to Extension agents called Cow-Calf Corner, Peel said, in the 14 weeks from … Read More