Wes Ishmael

Wes
Ishmael
Articles
Changing industry, changing markets
Understanding cattle market history offers context to the current quandary surrounding cash fed cattle price discovery.
Fed cattle cash  price matters 1
Most fed cattle prices are discovered in the cash market, whether people realize it or not. Part 2 of a multi-part series; read part 1 here.
U.S. beef exports continue sluggish
Although U.S. beef exports in February were a shade more than the same time a year earlier, value dropped 18%, short of expectations.
Yearling cattle fade market pressure
Yearling cattle continued to sell at steady to firm prices this week, according to the Agricultural Marketing Service. Calves, on the other hand, traded steady to $5 per cwt lower as the increasing volume of the new-crop variety enables buyers to get choosier.
When cash was king of the beef market
Understanding challenges to price discovery — and possible solutions — means recognizing why most sellers prefer alternative marketing methods.
Late-gestation trace mineral supplementation shows promise 1
Strategically supplementing trace minerals to your cows during late gestation provides many benefits, not the least of which is a healthier, faster-gaining calf.
USDA expects more corn in 2016
Producers intend to plant 93.6 million acres for corn this year, according to USDA's Prospective Plantings report. That would be 6% more acres planted to corn than last year.
Volatility demands decisive action
Do you have a marketing plan that includes price risk management? Remember, it needs to include the total cost of production.
Price range widens with new-crop calves
Wide swings in cattle futures prices and the continued decline in wholesale beef values dragged on calf and feeder prices this week.
FAPRI projects cow-calf profit to continue
With farm income below peak levels and interest rates forecast to increase, there will be continued pressure on farm finances and farm real estate values.
Increased feedlot placements and marketings will continue
An extra day in February this year contributed to higher year to year feedlot placements. Derrell Peel, Extension livestock marketing specialist at Oklahoma State University also points out placements last year were 5% less than the 5-year average.
Calf and feeder prices lose some steam
Bearish futures markets following the monthly Cattle on Feed report helped pressure cash cattle prices this week. Calves traded mostly steady to $5 per cwt lower, according to the Agricultural Marketing Service (AMS).
Consumers showing price fatigue
Seasonal trends are lifting wholesale beef values higher, but there are signs that consumers are growing weary of high prices.
Calf and stocker prices continue higher
Grazing demand continued to boost calf and feeder prices last week: firm to $5 per cwt higher for calves and stocker-weight cattle and $2-$5 higher for yearlings, according to the Agricultural Marketing Service.
Beef cow numbers up 3% for United States-Canada 1
Combined, the beef cow inventory in the United States and Canada at the beginning of the year was 34.2 million head. That’s 3.1% more year to year and 3.6% more compared to 2014.

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