Wes Ishmael

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.
Beef export volume rebounds
U.S. beef exports were 3% higher in volume this January compared to a year earlier. Although plenty of challenges remain, the U.S. Meat Export Federation continues to see opportunity to grow the international market.
Cattle market stability continues
Calves and stocker-weight cattle traded mostly steady to firm with instances of $5 per cwt higher this week, according to the Agricultural Marketing Service (AMS).
USDA 10-year projection sees 10% more beef cows
By 2025, USDA projects the U.S. beef cow herd will be 33.2 million head. The inventory of beef cows at the start of this year was 30.3 million head.
Increasing normalcy returning to cattle markets
Value of gain and improving feedlot margins are among the indicators suggesting markets are returning to more normal conditions, says Derrell Peel, Extension livestock marketing specialist at Oklahoma State University.
Grass rally for calves and feeders continues
Calf and feeder cattle prices continued higher as buyers look for cattle to graze spring and summer grass. Futures markets also maintained week-to-week stability.
More meat and more corn
USDA projects feeder steer prices to average $176-$185 per cwt, down from the record prices of almost $203 in 2014 and 2015.
Economic outlook improves for cattle feeders
Using recent prices for steers weighing 700-800 pounds, LMIC estimates breakeven prices for steer marketed in the coming months to be less than $130 per cwt, the least since October of 2014.
Grass and graze-out buyers push calf and feeder prices higher
Demand for cattle to send to graze-out wheat and summer grass helped lift calf and feeder prices this week.
Genetic economic selection indices result in collective gain
Economic selection indices improve selection and provide a road map to helping clients.
Myths of veterinarian entrepreneurship
Book examines the difference between owning a practice and owning a job.
Restaurant sales projected higher, with headwinds
Despite lingering challenges, restaurant sales are poised to grow for the seventh consecutive year, according to the National Restaurant Association’s (NRA) 2016 Restaurant Industry Forecast released Wednesday.
Fewer, smaller feedlots responsible for more cattle
Feedlots with capacities of less than 1,999 head are feeding more cattle: 6.5% more cattle inventory than two years earlier and 5.8% more than the previous year.
Grazing cattle underpin calf and feeder demand
Cash and futures prices showed some spark this week, buoyed by sharply stronger outside markets. Calves and yearlings traded mostly steady to $5 higher at auction, according to the Agricultural marketing Service (AMS).

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