Colorado Cattle Industry Sues Over Wolf Reintroduction
Gray Wolves
Colorado Cattle Industry Sues Over Wolf Reintroduction

The Colorado cattle industry association filed a lawsuit Monday against state and federal agencies over the reintroduction of gray wolves just weeks away from the predators' release.

Tue December 12 2023

A ‘Green Glacier’ Is Dismantling the Great Plains
Cedar Infestation
A ‘Green Glacier’ Is Dismantling the Great Plains

Between 1999 and 2018 alone, tree cover increased across 44 million acres of the Great Plains.

Tue December 12 2023

Annual Inflation Rate slowed to 3.1% in November but Core Consumer Prices Rose
Inflation
Annual Inflation Rate slowed to 3.1% in November but Core Consumer Prices Rose

Overall, this report will do little to change the Fed’s recent communications that core inflation remains too strong to contemplate shifting to rate cuts any time soon.

Tue December 12 2023

Feeder & Stocker Cattle Marketings for the week ending 12/9/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 12/9/23

Last week's Feeder & Stocker Cattle Marketings were 8.5% lower than the 3 Year Average.

Mon December 11 2023

Beef Trade Reacts as Expected
Beef Exports
Beef Trade Reacts as Expected

The October livestock trade data showed that total beef exports were down 20.5 percent year over year.

Mon December 11 2023

Trudeau targets Cow Burps and Canadians’ ability to Afford Beef
Climate Change
Trudeau targets Cow Burps and Canadians’ ability to Afford Beef

The move will drive up the cost of beef, making it unaffordable to many.

Mon December 11 2023

Weekly Cattle Market Overview for Week Ending 12/8/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 12/8/23

Fed cattle in the Southern and Northern regions were 4.00 lower. Feeder cattle and stocker calves were about 4.00 and 1.00 lower, respectively.

Sat December 09 2023

December 'WASDE' Report: Higher Beef Production & Lower Cattle Prices Forecasted
WASDE
December 'WASDE' Report: Higher Beef Production & Lower Cattle Prices Forecasted

Cattle price forecasts are lowered on recent price movements and larger placements of cattle in late 2023.

Fri December 08 2023

Weekly Cattle Market Sentiment: Approaching 'Excessive Bearishness'
Bullish/Bearish Consensus
Weekly Cattle Market Sentiment: Approaching 'Excessive Bearishness'

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

Fri December 08 2023

12/7/23: Weekly Beef, Pork, & Corn Export Highlights
Exports
12/7/23: Weekly Beef, Pork, & Corn Export Highlights

Weekly Beef Export Sales Hit Marketing Year Low.

Thu December 07 2023

Drought Update: 34.36% of the Lower 48 States are in Drought
DROUGHT
Drought Update: 34.36% of the Lower 48 States are in Drought

Inches of rain improved drought conditions in the South & Southeast.

Thu December 07 2023

Weekly Jobless Claims Increase
Economy
Weekly Jobless Claims Increase

Layoffs are still historically low, but other reports show that businesses are hiring fewer people.

Thu December 07 2023

El Niño forecast to last until April
El Niño
El Niño forecast to last until April

According to the most recent forecasts, there is a greater than 55% probability of at least a “strong” El Niño lasting through January-March 2024.

Wed December 06 2023

Hawley Introduces New Legislation to Protect Livestock Producers & Tackle Rising Costs
Legislative
Hawley Introduces New Legislation to Protect Livestock Producers & Tackle Rising Costs

This law is a commonsense solution to protect family farms from going bankrupt and consumers from shouldering higher costs.

Wed December 06 2023

Boxed Beef Cutouts trend lower heading into Christmas
Boxed Beef
Boxed Beef Cutouts trend lower heading into Christmas

Primal beef values exhibiting typical seasonal price behavior.

Wed December 06 2023

Foodservices Continue to Claim Largest Share of U.S. Food Dollars
Food Dollar
Foodservices Continue to Claim Largest Share of U.S. Food Dollars

Farm producers only receive 7.9 Cents of the Food Dollar.

Wed December 06 2023

Cattle Futures & Options: Record Volume & Volatility in November
Cattle Futures
Cattle Futures & Options: Record Volume & Volatility in November

Agricultural options posted the highest Average Daily Volume for November.

Wed December 06 2023

Feeder & Stocker Cattle Marketings for the week ending 12/2/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 12/2/23

Last week's Feeder & Stocker Cattle Marketings were 19.4% lower than the 3 Year Average.

Tue December 05 2023

Rabobank: Meat Production to Slow in 2024; Margins Remain Tight
Meat Production
Rabobank: Meat Production to Slow in 2024; Margins Remain Tight

Higher production costs and tighter supplies will push animal protein prices up and constrain global consumption in 2024. 

Mon December 04 2023

Feedlot Trends in Management and Productivity
Fed Cattle
Feedlot Trends in Management and Productivity

Total feedlot gain currently averages 123 pounds more than in 2010.

Mon December 04 2023

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