Fall carcass weights and CAB trends

Fall carcass weights and CAB trends

MARKET UPDATE From a seller’s perspective, the fed-cattle trade continues to improve, with last week’s numbers making it the third straight week of higher prices since September 9th. Feeders gained a tighter grip on the trade with each passing day last week. Earlier...
Premium beef wins again

Premium beef wins again

MARKET UPDATE Cattle market fundamentals are starting to have some impact to stabilize and move prices higher in a slow but steady fashion. The September 1st  Cattle on Feed report indicated placements during the month of August down 9% under a year ago and an “on...
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....