Oklahoma Fall Feeder Run Going Strong With Higher Prices

The fall feeder run is in full swing with calf prices moving counter-seasonally higher, said Oklahoma State University Extension Livestock Marketing Specialist, Derrell Peel, in a letter to Extension agents called Cow-Calf Corner. It is typical for the middle two weeks of November to have the largest weekly feeder cattle auction totals for the year, … Read More

Canada Cattle On Feed At 2021 Peak

The number of cattle on feed in Alberta and Saskatchewan on Nov. 1 was at its highest point this year and turned upward seasonally, according to statistics gathered by CanFax and then compiled by the Livestock Marketing Information Center in Denver. CanFax, a division of the Canadian Cattlemen’s Association in Calgary, Alberta, gathers the information … Read More

Managed Money Boosts Long Cattle Position

Managed money, a proxy for large commodity investment firms, upped their collective net long position in live cattle futures during the week ended last Tuesday as hedgers increased their total net short position. The data came from the weekly Commitments of Traders report from the Commodity Futures Trading Commission.  The report was delayed from its … Read More

Choice/Select Spread Still Wider Than Average

With the narrowing of the average weekly spread between choice and select beef wholesale carcass values in October, it would be tempting to think the spread is unusually narrow, but such is not the case. The weekly average spread between choice and select beef carcass cutout values has narrowed since its latest peak the first … Read More

October Beef Carcass Values Dip; Still Well Above Cattle

Livestock Marketing Information Center data showed that beef carcass values declined in October while fed cattle and retail beef prices rose. Live, fed cattle prices rose, while by-product and boxed beef prices declined, cutting the carcass value and the live-to-cutout spread.  At the same time, the average retail price rose. The per-head value of the … Read More

Black Swan Events Affect Cattle, Beef Markets

The pandemic and other market shocks since 2019 have brought things that affect cattle and beef markets in different ways and over different lengths of time, said Derrell Peel, Extension livestock market specialist at Oklahoma State University, in a letter to Extension agents called Cow-Calf Corner. Much of the challenge in 2021 has been to … Read More

WASDE Report Raises 2021 Meat, Poultry Production Estimate

The latest USDA forecast for 2021 total red meat and poultry production was raised from last month in Tuesday’s World Agricultural Supply and Demand Estimates report. For 2022, the total red meat and poultry forecast was raised slightly from last month.  Beef and turkey production forecasts were raised, while the pork and broiler production forecasts … Read More