Wes Ishmael

Wes
Ishmael
Articles
cattle market outlook december 2014
Cattle Supplies Remain Tight 
Patterns of feedlot placements and slower fed cattle marketing contributed to the first year-over-year increase in feedlot inventory (Nov. 1) in more than two years, but cattle supplies remain historically snug.
calf markets
Cash And Futures Markets Vie For The Lead
Calves and yearling feeder cattle sold steady to $5/cwt. higher during the short Thanksgiving week. Although trade remained light, cash fed cattle sales also sold in record territory as wholesale beef values inched ahead.
fed cattle feedlot availability
Feedlot Placements Down 1% 
Cattle on feed Nov. 1 was about even with last year, but still about 6% less than the five-year average. Placements in October were 1% less and marketings were 8% less.
cattle prices
Profitability Suggests We’re In A “Livestock Era” 
“If the years from 2007 to 2013 could be described as the ‘Grain Era,’ in which crop sector incomes had an extraordinary run, then the coming period may be described as the ‘Animal Era,’ when producers of animal products have strong returns,” says Chris Hurt, Purdue University agricultural economist.
calf prices
Calf Prices Gain Ground
Snug supplies and more farmer-feeders returning to the market as harvest winds down helped boost calf prices. Wholesale beef values gained on the week, helping lift the cash fed cattle traded reported through Friday afternoon.
market seasonality
Market Seasonality Should Return Next Year
Although calf and feeder markets are defying seasonal trends this year, and in recent times, analysts with the Livestock Marketing Information Center expect historically familiar patterns next year.
Early Winter Blast Helps Lift Cattle Markets
Cash fed cattle prices reached new records this week ($168-$172/cwt.), boosted by slower marketing from feedlots and the winter blast that could dampen gain.
sale barns
Amid High Prices, Cattle Buyers Are Choosier
Calves sold steady to $5/cwt. higher in the Southern Plains this week. They traded unevenly steady in the Southeast and uneven across a wide range in the Northern Plains.
U.S. beef export vale
Beef Exports Continue Record Pace 
U.S. beef exports increased 6% in volume in September compared to a year earlier and 25% in value, according to the U.S. Meat Export Federation.
Beef Demand Remain Strong
Although beef consumption is declining due to tightening supplies, the fact is consumers are paying more for available supplies than they would if true demand weren’t increasing. Through the third quarter, the All Fresh Beef Demand Index increased 16 of the last 17 quarters year-over-year, according to Glynn Tonsor, agricultural economist at Kansas State University.
grazing demand for beef cattle
Grazing Demand Pulls Calf Prices Higher
Dwindling supplies of yearling cattle commanded steady to firm prices this week. Calves in the Southern Plains and Southeast sold steady to $5 higher, bolstered by demand for calves to graze wheat pasture.
cattle genetics
Why Genetic Credentials Matter In U.S. Beef Industry
Helping clients aim for a value target and utilize predictable genetics and genomics tools to sort and select, can help them make value strides in a hurry.
Price Peak Could Come By Mid-2015 
Viewed through the lens of the historic cattle cycle, Chris Hurt, Purdue University Extension economist says the cyclical price peak is likely to come in the next six months.
truck availability impacts calf prices
Truck Availability Pressures Calf Prices Up North
Trouble finding enough trucks to ship cattle compounded the seasonal influx of fresh-weaned calves in the Northern Plains where calf prices were $5-$10/cwt. lower.
Take Note Of New Cattle Trading Hours For CME
CME trading hours change this week for Live Cattle, Feeder Cattle and Lean Hog futures and options.

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