Wes Ishmael

Feedlot placements are less than expected
Feedlot placements in September were 2% less than last year, representing the lowest placement number for the month since the series began in 1996.
Buyers continue heavy discount on un-weaned calves
Steer and heifer calves traded mostly $3-$6 per cwt lower, according to the Agricultural Marketing Service (AMS). Feeder steers and heifers sold mostly $3-$4 lower. Auction receipts continue lighter than normal and buyers continue to discount un-weaned calves.
U.S. meat production is more and less
U.S. broiler production is poised for the first quarterly year-over-year decline since the summer of 2012.
Exploring marketing alternatives
As cow-calf producers contemplate marketing alternatives in the current market, Glynn Tonsor, agricultural economist at Kansas State University encourages them to compare market-based value of gain projections to guide more informed decisions
Cash cattle and futures prices decline
“Nobody seems to know where the bottom of this market will be, or just what it will take to get there,” say analysts with the Agricultural Marketing Service (AMS).
2016 National Stocker Award Winner | Timberlawn Farm
Taking the kind of calves that many folks consider to be high risk, applying a different philosophy of health management and plenty of what may well be the best grass in the world, those calves tell the story of what’s possible through the management that defines this year’s BEEF National Stocker Award winner.
Expansion economics adds to angst
“There seems to be a fear that there is no bottom to markets once the cow herd expands and beef production starts to rise,” says Derrell Peel, Extension livestock marketing specialist at Oklahoma State University.
Restaurant index points to contraction
The most recent National Restaurant Association’s (NRA) Restaurant Performance Index (RPI) fell below 100 in August for the first time in eight months, dropping a full percentage point to 99.6. The spate of restaurant bankruptcies this year also points to tougher economic reality.
Calf and feeder prices churn lower
Steer and heifer calf prices continued lower this week--as much as $15 lower--with un-weaned, fleshy calves bearing the brunt of the decline, according to the Agricultural Marketing Service.
Feedlot marketing appears to be current
For the balance of the year, steer slaughter is expected to moderate, still up but by a smaller amount on a year-over-year basis, Peel says, while heifer slaughter will continue sharply higher compared to last year.
Lower returns are slowing herd expansion
Although female slaughter rates suggest the total cattle inventory is on track to expand by about 3.5% (Jan. 1), analysts with the Livestock Marketing Information Center say other factors, including reduced imports, could make for more modest growth.
2016 National Stocker Award winner believes in sweat equity
Timberlawn Farm grows its stocker business and harvests the uniquely potent grass of Kentucky’s Thoroughbred country by adding better management to put-together calves.
Cattle prices drop amid bearish sentiment
Calf, feeder and fed cattle prices declined with increased numbers and ongoing uncertainty. Steers and heifers traded mostly $2-$10 per cwt lower, according to the Agricultural Marketing Service. Cash fed cattle prices were mainly $2-$6 lower at $101-$104 per cwt on a live basis; $3-$8 lower at mostly $160-$163 in the beef.
China lifts ban on U.S. beef
China lifts U.S. beef ban
China--the world's second largest beef buyer--announced it will allow exports from the U.S.
Calf prices gain
Calves trended steady to $4 higher, according to the Agricultural Marketing Service. Feeder steers and heifers traded mostly $3-$5 higher, with instances of $7-$10 higher.

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