In general, feeder cattle markets are finishing 2022 strong with momentum going into the new year, said Oklahoma State University Extension Livestock Marketing Specialist, Derrell Peel, in a letter to extension agents called Cow-Calf Corner. USDA’s Agricultural Marketing Service issued the final Oklahoma weekly auction summary for the year this past week with prices at … Read More

One of the features of feeding cattle in the Plains states is changing weather conditions, and the cold weather descending on the region this week emphasizes the importance of cold-weather care. The South Dakota State Extension service said such environmental conditions mean cattle are susceptible to cold stress for significant periods of the year.  Understanding … Read More

As the USDA’s weekly boxed beef cutout value continues at a more-or-less steady pace, and imaging the 2016-2020 average, the weekly wholesale boneless ribeye price is reaching 2022 highs and continuing to climb. That suggests the ribeye is supporting other, weaker cuts and going counter to its normal movement, which is sharply lower in mid- … Read More

During the week ended Tuesday, large commodity index funds, or managed money, increased their collective net long live cattle future position while hedgers boosted their total net short position, according to data from Friday’s weekly Commitments of Traders report from the Commodity Futures Trading Commission.   FUNDS BUY CATTLE   As of Tuesday, managed money, … Read More

Global beef production is forecast to decrease slightly in 2023 as production decreases in the US and European Union more than offset increasing beef production in Australia and modest increases in Mexico and India, said Derrell Peel, Oklahoma State University Extension livestock marketing specialist. Writing in a letter to Extension agents called Cow-Calf Corner, Peel … Read More

November’s average retail fresh beef price was less than a year ago, while prices for pork and chicken remained higher than last year. Although that does not mean consumers are flocking to the meat case to buy fresh beef over pork and chicken, it could answer some questions about why beef sales have held up … Read More

The number of slaughter-ready cattle sold to beef packers from Kansas feedlots in October continued to drop sharply and were well below last year and the previous five-year average, even setting the 2022 monthly low. The data came from a monthly survey of selected Kansas feedlots by the Kansas State University Extension Service and turned … Read More