While they have recovered in the last two weeks, fed cattle and beef market prices slowed earlier this month and, in some cases, reversed moves from those into record highs, said Stephen Koontz, agricultural economist at Colorado State University, in a Livestock Marketing Information Center letter called In The Cattle Markets.   FIVE-MARKET PRICE   … Read More

Across much of the US, as cow/calf producers move further into autumn, cattle producers increasingly are deciding whether to retain or market reproductively sound females, said the Livestock Marketing Information Center on its website. Thursday’s National Weather Service drought monitor said the High Plains had heavy to excessive rain in the latest week ended last … Read More

There are no market signals indicating beef carcass weights will go down, said Mark Johnson, Oklahoma State University beef cattle breeding specialist, in a letter called Cow-Calf Corner. Even long-term, pending increased heifer retention and a larger national cow inventory, market signals indicate more days on feed and heavier carcass weights will be the new … Read More

Canada’s feedlots, mostly situated in Alberta and Saskatchewan, on Oct. 1 closed ranks with last year and the 2019-2023 average. That conclusion came from graph by the Livestock Marketing Information Center in Denver, which received the data from Canfax, a division of the Canadian Cattle Association.  Canfax surveys member feedlots in Alberta and Saskatchewan monthly … Read More

The Federal Reserve Bank of Kansas City Wednesday announced the launch of the Center for Agriculture and the Economy. The Federal Reserve Bank announcement said the initiative underscores the Bank’s ongoing commitment to including perspectives from agriculture and rural areas in discussions on the national economy.   RECOGNIZES AGRICULTURE’S IMPORTANCE   “For many years, the … Read More

On balance, economic activity changed little since the previous report in September, with three districts reporting slight to modest growth, five reporting no change and four noting a slight softening, said the Federal Reserve Bank in its latest Beige Book report on the US economy Wednesday.   CONSUMER SPENDING   Overall consumer spending, particularly on … Read More

Weekly wholesale prices for fresh, 90% lean beef from the USDA’s Agricultural Marketing Service appear to have begun a seasonal slide into the end of the year, although prices remain higher than either last year or the 2019-2023 average. The data was compiled and graphed by the Livestock Marketing Information Center in Denver. The USDA’s … Read More