Premium beef decline pushes incentives

Premium beef decline pushes incentives

MARKET UPDATE There is very little insight needed to understand what happened in the cash markets last week. Seasonality and the conclusion of the Labor Day holiday were easy indicators that the market would be weaker in both the live cattle and boxed beef segments....
Supply/demand shifts seasonal premium

Supply/demand shifts seasonal premium

MARKET UPDATE The cash market for fed cattle last week gave some relief to feeders and overall market sentiment in the wake of the prior week’s $5/cwt. decline. Trade in the Iowa/Minnesota reporting region came in at $110-$111/cwt. at the top of the market, while...
As choice declines, spread widens

As choice declines, spread widens

MARKET UPDATE Last week’s fed cattle market now seems as dated as the May corn planting progress report with the beef industry coping with the fallout from the Tyson Fresh Meats fire at the Holcomb, Kansas facility over the weekend. We must all take a step back and be...
Summer quality spreads impress

Summer quality spreads impress

MARKET UPDATE The fed cattle market is holding strong in late July within a narrow trading range. Last week’s pricing activity continued to show effects of excess supply in the South with $111/cwt. for the region, while live bids in the North were at $114-$118/cwt....
Promising efficiency and marbling results

Promising efficiency and marbling results

MARKET UPDATE Fed cattle prices couldn’t maintain the prior week’s $1/cwt. increase, drifting $2/cwt. lower in last week’s average, while Live Cattle futures led the market sentiment down Thursday and Friday. However, feedyards with hedged cattle continue to pocket...