Wes Ishmael

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.
Pasture-Range Conditions Continue Positive
Through the middle of October, the nation's pasture and range conditions were the most positive in six years.
Calf Prices Pressured By Seasonality And Harvest 
The seasonal increase in auction receipts, increased percentage of freshly weaned calves and farmer-feeders returning to harvest added pressure to calf prices. Cash fed cattle trade, on the other hand, was at a record $170/cwt.
U.S. Beef Export Value Surges Past $325/Head
U.S. beef exports continue to climb on a value basis, although higher prices wrought by tight supplies are beginning to dampen the volume of trade. On the other side of the equation, U.S. beef imports are increasing by necessity.
Fed Cattle Trade Near Steady During Seesaw Market Week
Cash calf and feeder cattle prices were pressured by hard swings in the futures market, which were magnified by negative outside markets. Cash fed cattle prices held mostly steady, though.
cme group changes cattle trade hours
CME Cattle Trade Hours Change
Starting Oct. 27, CME Group is reducing trading hours for Live Cattle futures and options, Feeder Cattle futures and options and Lean Hog futures and options.
low feed prices
Low Feed Prices Drive Carcass Weights Higher 
Dressed steer weights the first three weeks of September were 25-29 lbs. heavier than the five-year average, according to analysts with the Livestock Marketing Information Center (LMIC).
cattle herd expansion
Fundamentals Are Strong Despite Producer Wariness 1
The prospects for herd expansion for much of the rest of the decade suggest that cattle prices are likely to grind higher yet from current record levels before peaking and working lower toward the end of the decade.

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