Cargill Profit Drops 43% From Record High
Meat Processing
Cargill Profit Drops 43% From Record High

A decline in meat business and higher costs eroded earnings.

Wed September 20 2023

Fed skips September Interest Rate Hike; Doesn’t rule out a November Increase
Interest Rates
Fed skips September Interest Rate Hike; Doesn’t rule out a November Increase

Fed officials are divided about the future path or rates.

Wed September 20 2023

Estimates for Friday's Cattle on Feed Report
Cattle on Feed
Estimates for Friday's Cattle on Feed Report

Estimates indicate the number of cattle on feed, placed on feed, and marketed will all be lower than a year ago.

Tue September 19 2023

Congestive Heart Failure in Fed Cattle on the Rise
Animal Health
Congestive Heart Failure in Fed Cattle on the Rise

Genetic selection and breeding will reduce heart failure rates.

Tue September 19 2023

Pasture & Range Conditions as of 09/17/23
Pasture & Range Conditions
Pasture & Range Conditions as of 09/17/23

34% of Pasture & Range Conditions rated 'Good to Excellent' compared to 33% Last Week and 28% Last Year.

Mon September 18 2023

Corn Crop Condition as of 9/17/23
Corn Crop
Corn Crop Condition as of 9/17/23

54% of Corn Crop rated as 'Mature' compared to 38% a year ago and a 5-Year Average of 44%.

Mon September 18 2023

Feeder & Stocker Cattle Marketings for the week ending 9/16/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 9/16/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 11.7% above the 3 Year Average.

Mon September 18 2023

Senator Hawley’s Antitrust Bill Aims to Dismantle Meatpacking Monopolies
Meat Processing
Senator Hawley’s Antitrust Bill Aims to Dismantle Meatpacking Monopolies

This bill represents a significant effort to address the monopolistic practices prevalent in the meatpacking and poultry industries.

Mon September 18 2023

Factors Affecting Slaughter Cow Values
Cull Cows
Factors Affecting Slaughter Cow Values

Cull cows have the most pronounced seasonal price pattern of any class of cattle ranging from highs in June and July to lows in November and December.

Mon September 18 2023

Weekly Cattle Market Overview for Week Ending 9/15/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 9/15/23

Fed cattle trade in the Southern Plains and the North both ended the week 3.00 higher with feeder cattle and stocker calves about 3.50 higher.

Sat September 16 2023

Weekly Beef Exports down 10 Percent
Exports
Weekly Beef Exports down 10 Percent

Net beef sales were down 48 percent from the previous week and 56 percent from the prior 4-week average.

Thu September 14 2023

In The Cattle Markets: High Cow Culling Continues
BEEF COWS
In The Cattle Markets: High Cow Culling Continues

Beef cow slaughter continues to remain elevated above the 5-year average.

Thu September 14 2023

Cattlemen’s Beef Board Committee approves $38M for 2024 Beef Checkoff Plan
Beef Checkoff Plan
Cattlemen’s Beef Board Committee approves $38M for 2024 Beef Checkoff Plan

Proposals from eight national beef organizations chosen to receive funding.

Thu September 14 2023

45% of U.S. Cattle are in Drought Areas compared to 44% Last Week
DROUGHT
45% of U.S. Cattle are in Drought Areas compared to 44% Last Week

37.04% of the Lower 48 States in Drought compared to 36.02% Last Week.

Thu September 14 2023

Producer Price Index shows Inflation posted Largest Increase in 14 Months
Producer Price Index
Producer Price Index shows Inflation posted Largest Increase in 14 Months

After almost turning negative early in the summer, wholesale prices have crept higher in the past few months.

Thu September 14 2023

CPI shows Biggest Increase in U.S. Inflation in 14 Months
Inflation
CPI shows Biggest Increase in U.S. Inflation in 14 Months

The report keeps alive the risk that the Fed might hike again in the fall.

Wed September 13 2023

Environmental Groups sue to force EPA to Strengthen Oversight of Livestock Operations
EPA
Environmental Groups sue to force EPA to Strengthen Oversight of Livestock Operations

It comes nearly a month after the EPA denied two petitions from the groups that sought tighter oversight of the largest U.S. hog, cattle and chicken operations.

Tue September 12 2023

September 'WASDE' Report: Price Forecasts for both Cattle & Corn Unchanged from Last Month
WASDE
September 'WASDE' Report: Price Forecasts for both Cattle & Corn Unchanged from Last Month

The forecast for 2023 red meat and poultry production is lowered and beef import forecasts for 2023 and 2024 are raised.

Tue September 12 2023

Corn Crop Condition as of 9/10/23
Corn Crop
Corn Crop Condition as of 9/10/23

52% of Corn Crop rated as Good to Excellent Condition compared to 53% last week and 53% last year.

Mon September 11 2023

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

Last week's Weekly Feeder & Stocker Cattle Marketings were 2.6% above the 3 Year Average.

Mon September 11 2023

Cattle Empire
Bradford Buildings
Bar 3 Ranch Grass Fed Beef Business For Sale
Go-Bob Pipe & Steel (1)
The Accredited Ranch & Land Brokers / World Class Ranches
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Cattle Value Calculator
Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale (1)

RanchWork.com-Body
Cattle Value Calculator
The Accredited Ranch & Land Brokers / World Class Ranches

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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