Making the best of beef

Here’s your latest Meat Market Minute: Live cattle traded early last week as a small rally in the futures market on Wednesday encouraged packers to increase their bids to $126, steady with previous week levels. Production was well under previous year and 2.3%...

More better beef

Welcome to this week’s Meat Market Minute. Federally Inspected slaughter made a high-water mark for this year at 621,000, the largest harvest since the second week of December, and a 4.9% increase over the previous week. The increase came as packers paid a new...

Bold new year for beef

Here’s your Meat Market Minute for the week: Live cattle prices jumped after Christmas to $122 as the futures market took a significant turn on Thursday going limit up. This was sparked by open interest as the DOW moved down, traders turned to Live Cattle...

How’d they grade?

A million years ago, or, maybe more like 38 years ago, I sold my first steer to MBPXL in Wichita, KS through our county fair livestock sale.  I’m not remembering what it brought, but fifty-eight cents a pound, live, sticks in my mind. Then, as now, most cattle...

Future riding on the semi to feedlot

Hey seekers (my jargon for all of us looking to optimize quality and maximize profit) — This is just a report, really, with thoughts at the “digression” before the end. We loaded a semi Nov. 11, and I thought the 5 light steers sold in September at...