Feeder & Stocker Cattle Marketings for the week ending 8/19/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 8/19/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 15.1% below the 3 Year Average.

Mon August 21 2023

Judge Dismisses Beef Producers’ Class Action Price-Fixing Lawsuit
Beef Processing
Judge Dismisses Beef Producers’ Class Action Price-Fixing Lawsuit

According to court documents, the ranchers did not adequately explain the causal connection between manipulating fed cattle prices and lower cow-calf prices.

Mon August 21 2023

Florida Men Sentenced for Multimillion-Dollar, Organized Meat Theft Ring
Beef
Florida Men Sentenced for Multimillion-Dollar, Organized Meat Theft Ring

The three men stole an estimated $9 million worth of meat in refrigerated trailers over the course of 17 months in the Great Plains and Midwest.

Mon August 21 2023

Weekly Cattle Market Overview for Week Ending 8/18/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 8/18/23

Fed cattle trade in the Southern Plains was 1.00 lower with trade in the North 2.00 lower. Feeder cattle and stocker calves were about 2.50 higher.

Sat August 19 2023

United States Cattle on Feed Down 2 Percent
Cattle on Feed
United States Cattle on Feed Down 2 Percent

Placements down 8% and Marketings down 5%.

Fri August 18 2023

Black Vultures are killing Newborn Livestock in the Midwest and their Territory is Expanding
Black Vultures
Black Vultures are killing Newborn Livestock in the Midwest and their Territory is Expanding

While the vultures play a major ecological role, their expanding population is becoming a big nuisance for producers.

Fri August 18 2023

Weekly Cattle Market Sentiment turns 'Bearish'
Bullish/Bearish Consensus
Weekly Cattle Market Sentiment turns 'Bearish'

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

Fri August 18 2023

Smaller Cow-Calf operations Outnumber Large Operations but Herd Sizes have Increased
Cow/Calf
Smaller Cow-Calf operations Outnumber Large Operations but Herd Sizes have Increased

Across two decades, the overall number of cow-calf operations in the United States decreased by 19 percent.

Thu August 17 2023

The Unforgivable Ivermectin Swindle
Ivermectin
The Unforgivable Ivermectin Swindle

The media's and FDA's dishonesty about Ivermectin during the pandemic was beyond grotesque and shameful.

Thu August 17 2023

EPA rejects call for CAFO Reform
Feed Yards
EPA rejects call for CAFO Reform

According to EPA’s petition response, the agency plans to create an Animal Agriculture Water Quality Subcommittee to gather additional information.

Thu August 17 2023

Leading Index for U.S. Economy falls for 16th Month in a Row
Economy
Leading Index for U.S. Economy falls for 16th Month in a Row

The leading index is a gauge of 10 indicators designed to show whether the economy is getting better or worse

Thu August 17 2023

30.62% of the Lower 48 States are in Drought compared to 30.46% Last Week
DROUGHT
30.62% of the Lower 48 States are in Drought compared to 30.46% Last Week

Drought expanded over Texas and Louisiana while the Central Plains and Midwest saw improvements.

Thu August 17 2023

Federal Reserve continues to worry about ‘Significant Upside Inflation Risks’
Economy
Federal Reserve continues to worry about ‘Significant Upside Inflation Risks’

The big question is whether current interest rates are “sufficiently restrictive” to bring inflation down to the 2% target.

Wed August 16 2023

Plant Based Proteins facing a ‘Tipping Point’
FAKE MEAT
Plant Based Proteins facing a ‘Tipping Point’

Sales of plant-based alternatives are down 20% from their peak in 2020 and the industry “faces something of a tipping point,” said a report by agricultural lender CoBank on Monday.

Wed August 16 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.

Wed August 16 2023

Brazil's JBS posts Q2 loss citing Chicken Glut & Tight US Beef Margins
JBS
Brazil's JBS posts Q2 loss citing Chicken Glut & Tight US Beef Margins

JBS reported a net loss of 263.6 million reais ($47.77 million), the second consecutive negative result in 2023.

Tue August 15 2023

Rancher urges Congress to utilize Livestock Grazing to help minimize Wildfires
Wildfires
Rancher urges Congress to utilize Livestock Grazing to help minimize Wildfires

Dr. Daley’s testimony focused on the need for the federal government to recognize that livestock grazing reduces the risk of catastrophic wildfires.

Tue August 15 2023

LSU Researchers receive Patent for Lethal Feral Hog Bait
Feral Hogs
LSU Researchers receive Patent for Lethal Feral Hog Bait

The bait is lethal to feral swine but has minimal impact on the environment and nontarget species.

Tue August 15 2023

Pasture & Range Conditions as of 8/13/23
Pasture & Range Conditions
Pasture & Range Conditions as of 8/13/23

40% of Pasture & Range Conditions rated 'Good to Excellent' compared to 38% Last Week and 21% Last Year.

Mon August 14 2023

Corn Crop Condition as of 8/13/23
Corn Crop
Corn Crop Condition as of 8/13/23

59% of Corn Crop rated as Good to Excellent Condition compared to 57% last week and 57% last year.

Mon August 14 2023

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