Pasture & Range Conditions as of 7/23/23
Pasture & Range Conditions
Pasture & Range Conditions as of 7/23/23

44% of Pasture & Range Conditions rated 'Good to Excellent' compared to 47% Last Week and 25% Last Year.

Mon July 24 2023

Corn Crop Condition as of 7/23/23
Corn Crop
Corn Crop Condition as of 7/23/23

57% of Corn Crop rated as Good to Excellent Condition compared to 57% last week and 61% last year.

Mon July 24 2023

U.S. Economy grows at Slowest Pace in 5 months with Inflation Sticky
Economy
U.S. Economy grows at Slowest Pace in 5 months with Inflation Sticky

July is seeing an unwelcome combination of slower economic growth, weaker job creation, gloomier business confidence and sticky inflation.

Mon July 24 2023

No Herd Rebuilding in Sight
Beef Cattle
No Herd Rebuilding in Sight

Not only did the report show continued cattle liquidation thus far in 2023, but there are also no clear indications that numbers will stabilize and grow anytime soon. 

Mon July 24 2023

Weekly Cattle Market Overview for Week Ending 7/21/23
Cattle/Beef Prices
Weekly Cattle Market Overview for Week Ending 7/21/23

Feeder cattle traded nearly 5.00 higher with stocker calves about 2.50 higher.  Live cattle futures closed lower while feeder futures were on both sides of steady.

Sat July 22 2023

July USDA Cattle Inventory Down 3 Percent
U.S. Cattle Inventory
July USDA Cattle Inventory Down 3 Percent

All classes of cattle lower than in July of 2022.

Fri July 21 2023

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

Placements up 3% and Marketings down 5%.

Fri July 21 2023

7/21/23: Cattle Market Sentiment back in the 'Excessive Bullishness' Range
Bullish/Bearish Consensus
7/21/23: Cattle Market Sentiment back in the 'Excessive Bullishness' Range

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

Fri July 21 2023

Commercial Red Meat Production for June Down 4 Percent
Livestock Slaughter
Commercial Red Meat Production for June Down 4 Percent

Beef production, at 2.33 billion pounds, was 5 percent below the previous year.

Thu July 20 2023

Walmart To Open 2nd Beef Plant; Raises Concerns About Vertical Integration
Beef Processing
Walmart To Open 2nd Beef Plant; Raises Concerns About Vertical Integration

Walmart’s beef investments follow a recent trend of large grocers vertically integrating into food processing.

Thu July 20 2023

Cattle Areas Experiencing Drought
DROUGHT
Cattle Areas Experiencing Drought

Approximately 37% of the cattle inventory is within an area experiencing drought.

Thu July 20 2023

U.S. Leading Economic Index falls for the 15th Month in a Row
Economy
U.S. Leading Economic Index falls for the 15th Month in a Row

Seven of the ten indicators tracked by the Conference Board declined in June.

Thu July 20 2023

Drought Conditions: Areas in the Central Plains, Midwest, & East Improved
DROUGHT
Drought Conditions: Areas in the Central Plains, Midwest, & East Improved

25.82% of the lower 48 states are in drought, compared to 26.87% last week.

Thu July 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.

Wed July 19 2023

USDA Livestock, Dairy, and Poultry Outlook: July 2023
Agricultural Outlook
USDA Livestock, Dairy, and Poultry Outlook: July 2023

Cattle price forecasts in 2023 are raised from last month on firm demand and the expectation of relatively tighter supplies, carried into 2024.

Tue July 18 2023

CoBank: U.S. Economic Slowdown Likely Ahead
Economy
CoBank: U.S. Economic Slowdown Likely Ahead

Full impact of monetary policy actions have yet to be felt.

Tue July 18 2023

Feeder Cattle Prices reach the ‘Upper Bounds’
Beef Cattle Prices
Feeder Cattle Prices reach the ‘Upper Bounds’

Nebraska prices are already higher than the 2014/2015 peaks, which maxed out at $260 per cwt in late 2014.

Tue July 18 2023

Beyond Meat Expands ‘Beyond Steak’ to Thousands of New Retail Locations
FAKE MEAT
Beyond Meat Expands ‘Beyond Steak’ to Thousands of New Retail Locations

Beyond Meat announced it is expanding retail availability for its award-winning Beyond Steak product, which can now be found at 14,000 retail locations across the US.

Tue July 18 2023

Feeder & Stocker Cattle Marketings for the week ending 7/15/23
Feeder & Stocker Cattle Marketings
Feeder & Stocker Cattle Marketings for the week ending 7/15/23

Last week's Weekly Feeder & Stocker Cattle Marketings were 18.5% above the 3 Year Average.

Mon July 17 2023

Pasture & Range Conditions as of 7/16/23
Pasture & Range Conditions
Pasture & Range Conditions as of 7/16/23

47% of Pasture & Range Conditions rated 'Good to Excellent' compared to 47% Last Week and 26% Last Year.

Mon July 17 2023

Cattle Empire
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Bar 3 Ranch Grass Fed Beef Business For Sale
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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

Upcoming Sales...

LBJ Cattle Marketing Cream of the Crop Fall Replacement Female Sale
Holdenville Livestock Market 2025 Fall Sale Schedule
Reverse Rocking R Ranch Annual Bull & Female Sale (2)
J Bar Angus 25th Annual Bull & Select Female Sale
TD Angus Commercial Bred Female Sale
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Clifton Livestock Commission 1st Annual Front Pasture Replacement Sale