Weekly Cattle Market Overview for Week Ending 8/30/24
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 8/30/24

Compared to last week, fed cattle trade in the Southern Plains was steady while Northern Plains trade was lower. Feeder cattle and stocker calves were also lower with live cattle and feeder cattle futures mostly higher.

Sat August 31 2024

Bullish/Bearish Indicator for week ending 8/29/24
Bullish/Bearish Consensus
Bullish/Bearish Indicator for week ending 8/29/24

The theory behind the "Bullish/Bearish Indicator" is when the public reaches a consensus, they are usually wrong.

Fri August 30 2024

8/29/24: Weekly Beef, Pork, & Corn Export Highlights
Exports
8/29/24: Weekly Beef, Pork, & Corn Export Highlights

Both Weekly Beef Sales and Weekly Beef Exports were up.

Thu August 29 2024

27.70% of the Lower 48 States are in Drought
DROUGHT
27.70% of the Lower 48 States are in Drought

27.70% of the Lower 48 States are in Drought, compared to 23.70% Last Week.

Thu August 29 2024

U.S. Beef Imports have more than Doubled since 2013
Beef Imports
U.S. Beef Imports have more than Doubled since 2013

As U.S. cattle prices remain high and herds are the smallest since the 1950s, beef imports and live cattle imports are rising.

Thu August 29 2024

Cattle on Feed Report Shows Uptick in Heifers on Feed
Cattle on Feed
Cattle on Feed Report Shows Uptick in Heifers on Feed

One contributing factor to the number of heifers in feedlots is the increase in feeder cattle from Mexico.

Wed August 28 2024

New Vaccine Protects Cattle From Deadly Tick-Borne Disease
Animal Health
New Vaccine Protects Cattle From Deadly Tick-Borne Disease

The new vaccine has been proven to give immunized cattle protection against bovine anaplasmosis.

Wed August 28 2024

Pasture & Range Conditions as of August 25, 2024
Pasture & Range Conditions
Pasture & Range Conditions as of August 25, 2024

30% of Pasture & Range Conditions rated 'Good to Excellent' compared to 34% Last Week and 36% Last Year.

Tue August 27 2024

Corn Crop Condition as of 8/25/24
Corn Crop
Corn Crop Condition as of 8/25/24

65% of Corn Crop rated as Good to Excellent compared to 67% last week and 56% last year.

Tue August 27 2024

August Cold Storage Report: Red Meat Supplies Down; Poultry Supplies Up
Cold Storage
August Cold Storage Report: Red Meat Supplies Down; Poultry Supplies Up

Total pounds of beef in freezers were down 1 percent from last year.

Mon August 26 2024

Analysis of August Cattle on Feed Report
Cattle on Feed
Analysis of August Cattle on Feed Report

Current feedlot inventories mask the continued decline in feeder cattle numbers in the U.S. 

Mon August 26 2024

Weekly Cattle Market Overview for Week Ending 8/23/24
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 8/23/24

Compared to last week, fed cattle trade in the Southern Plains and Northern Plains was lower with feeder cattle and stocker calves also lower.

Sat August 24 2024

United States Cattle on Feed Up Slightly
Cattle on Feed
United States Cattle on Feed Up Slightly

Cattle on Feed, Placements, & Marketings all higher than last year.

Fri August 23 2024

U.S. Hay Production Expected to Increase Again in 2024
Hay Production
U.S. Hay Production Expected to Increase Again in 2024

USDA report indicates increased hay supplies in many areas.

Fri August 23 2024

Powell says 'Time has Come' for Rate Cuts
Interest Rates
Powell says 'Time has Come' for Rate Cuts

In his remarks, Powell said: "My confidence has grown that inflation is on a sustainable path back to 2%"

Fri August 23 2024

La Nada: When Neither La Niña or El Niño are in Control of the Weather
Weather
La Nada: When Neither La Niña or El Niño are in Control of the Weather

La Nada is the neutral state when water temperature anomalies in the eastern and central Pacific are between 0.5 °C and -0.5 °C.

Fri August 23 2024

Bullish/Bearish Indicator for week ending 8/22/24
Bullish/Bearish Consensus
Bullish/Bearish Indicator for week ending 8/22/24

The theory behind the "Bullish/Bearish Indicator" is when the public reaches a consensus, they are usually wrong.

Fri August 23 2024

August Livestock Slaughter Report: Red Meat Production Up 10 Percent from Last Year
Livestock Slaughter
August Livestock Slaughter Report: Red Meat Production Up 10 Percent from Last Year

Beef production up 10 percent; Pork production up 12 percent

Thu August 22 2024

8/22/24: Weekly Beef, Pork, & Corn Export Highlights
Exports
8/22/24: Weekly Beef, Pork, & Corn Export Highlights

Both Weekly Beef Sales and Weekly Beef Exports were down.

Thu August 22 2024

23.70 Percent of the Lower 48 States are in Drought
DROUGHT
23.70 Percent of the Lower 48 States are in Drought

23.70% of the Lower 48 States are in Drought, compared to 22.20% Last Week.

Thu August 22 2024

Cattle Empire
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Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale (1)

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Cattle Value Calculator
The Accredited Ranch & Land Brokers / World Class Ranches

Upcoming Sales...

LBJ Cattle Marketing Cream of the Crop Fall Replacement Female Sale
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Reverse Rocking R Ranch Annual Bull & Female Sale (2)
J Bar Angus 25th Annual Bull & Select Female Sale
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Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale