It may not last if Brazil’s corn production lives up to expectations, but the USDA World Markets and Trade report said in the first seven months of 2024/25 crop year, Japan, South Korea and Taiwan imported 10 million tonnes of US corn, a large gain from the 5.8 million in the same period last year. … Read More

Weekly wholesale prices for 50% lean beef have risen sharply the last three weeks and likely pulling 90% lean prices higher as well. Tyler Cozzins, director of the Livestock Marketing Information Center in Denver, said in a telephone interview that 90% lean beef prices set a record high last week at $394.94 per cwt, up … Read More

Retail demand for fresh beef last year was record high, despite high prices in the meat case, and it is on track to set another record in 2025. The Livestock Marketing Information Center, using Bureau of Labor Statistics and USDA Economic Research Service data, computed its Retail All Fresh Beef Demand Index for the first … Read More

Cattle production is the most important US agricultural industry, consistently accounting for the largest share of total cash receipts for agricultural commodities, said Mark Johnson, Oklahoma State University Extension beef cattle breeding specialist, in a letter called Cow-Calf Corner. In 2024, for instance, US cattle production represented about 22% of the $515 billion in total … Read More

Having the border with Mexico closed is changing the landscape of US cattle feeding, if only for a little while. Cattle imports from Mexico were shut off last year to control the spread of New World Screwworm into the US herd where it has been absent since the 1960s.  The lack of feeder cattle to … Read More

Cull cow prices just keep going higher, and the general trend likely will continue – at least for another few weeks. History shows that there is a definite seasonality to cull cow prices, and there is no reason to think this year will be any different.   COW PRICES CLIMBING   USDA weekly slaughter cow … Read More

The cattle markets started the summer moving into record-high price territory, reported Stephen Koontz, agricultural economist at Colorado State University, in a Livestock Marketing Information Center letter called In The Cattle Markets. The five-market weighted average cash fed cattle price pushed past $225 per cwt while prices in the Southern Plains were around $220, Koontz … Read More