Nevil Speer

Professor of Animal Science
hay production dollars
Industry At A Glance: Annual Hay Production Exceeds $20 Billion 1
At an annual aggregate value of $20 billion, the value of hay production in the U.S. is impressive. How will the dynamics of the hay market change in the years ahead?
Industry At A Glance: Feeder Cattle Imports From Mexico 2
As that supply of feeders from Mexico dwindles, it puts the crunch on U.S. cattle feeders from both an availability and price perspective.
beef cow inventory change
Industry At A Glance: Beef Cow Inventory Over Time 3
The world change in beef cow inventory during the past five years is equivalent to 3.7 million head.
Industry At A Glance: Feeder Cattle Regional Price Differences 1
A multitude of factors drive the price that producers receive for feeder cattle on any given day. Some of the more important drivers include deferred fed cattle futures, the price of corn, and forage availability. However, location is also a key factor.
monthly cattle market outlook
Monthly Outlook: Frustrating Cattle Market Shows Positive Signs 1
Despite good signs, many potential stumbling blocks remain in the cattle market. These include politics, monetary policy and a generally tepid economic recovery.
Industry At A Glance: North Attracting More Cattle On Feed 1
Major shifts began to occur following emergence of the federal ethanol policy as cattle followed the ethanol plants.
total on feed population
Industry At A Glance: Heifers On Feed Indicate Little Herd Rebuilding
The July Cattle on Feed report reveals that heifers represent nearly 38% of the total on-feed inventory – up over 1% vs. last year.
weekly fed market regional price differences
Industry At A Glance: Fed Market Regional Price Differences
What will be the long-term effect of Cargill’s decision to close its Plainview, TX, plant last January? We look at long-term beef industry price trends in the latest Beef Industry At A Glance.
prime and branded beef sales
Industry At A Glance: High-Quality Beef’s Economic Contribution 2
High-quality beef’s ever-larger piece of total industry revenue exerts a real impact on the cattle market. In fact, the annual difference in value over time represents $3 billion.
feedlot cattle at bunk
Monthly Market Outlook: Cattle Feeders Are Showing More Discipline
There’s been an important shift recently in cattle price differences between fed and feeder cattle. Before the U.S. cattle industry can begin to fully rebuild after several years of contraction, it’s necessary for equity recovery to take place in the cattle feeding sector.
cowherd operation size u.s. vs. canada
Industry At A Glance: U.S. Vs. Canada – Operation Size & Cow Inventory 2
Despite the wide disparity in cowherd size between the U.S. and Canada, a data comparison reveals significant similarity in structure.
feedyard closeout returns cattle profits
Industry At A Glance: Feedyard Data Show Trend Toward More Documentation 2
Feeder cattle buyers are increasingly seeking more management background on their purchases, with many working to build a network of preferred suppliers to source cattle that perform in the feedyard and help minimize economic risk.
Industry At A Glance: Will June Grain Stocks Report Surprise Traders?
Conditions during the past several years have provided the market with the luxury of being able to “borrow” early-harvested corn to provide some supply buffer. However, that luxury may not be so easy this year, given the planting delays and cool, wet weather for crop establishment.
Industry At A Glance: Millennial Parents – Chicken vs. Beef 3
A beef checkoff-funded survey of the millennial generation (born from 1980-2000) indicates that this U.S. population segment prefers serving chicken to their families over beef. The reasons cited are a taste preference by their children for chicken, and the parents’ lack of preparation skills for beef.
meat market update on cattle
Monthly Outlook: A Stubborn Cattle Market Continues
The cattle market has proven to be relatively stubborn of late, refusing to offer any surprises to the upside. Now we’re headed into the throes of summer, and the window for better beef prices has likely closed.

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