More in Cattle Markets

  • Mar 30, 2014

    Harlan Projects $276/Cow Profit In 2014

    After another month of record cattle prices. I’d planned on moving to another subject in my April 2014 column, but I am compelled to the observations of my mid-month price analysis. Figure 1 presents the eastern Wyoming-western Nebraska sale-barn prices for the week of Feb. 15. All steer calves weighing less than 620 lbs. brought over $200/cwt., 800-lb. feeder steers averaged $170/cwt., and 10 head of 1,053-lb. feeder steers sold for $150/cwt....More
  • Wes Ishmael
    Mar 29, 2014

    Cattle Market Weekly Audio Report for Saturday, Mar. 29, 2014

    Despite what some considered to be a bearish Cattle on Feed report the previous Friday, feeder cattle prices and futures charged ahead again this week. The CME Feeder Cattle Index jumped $4.62 higher week-to-week, closing Friday at $178.55. Feeder Cattle futures increased an average of $3.05 across the board week-to-week....More
  • Mar 26, 2014

    Meat Market Update | March 22

    "The beef daily choice cutout for Friday, March 21, was $240.16, which was 28¢ lower than the previous Friday," says Ed Czerwien, USDA. "The weekly total for the daily spot volume was 622 loads, and was about 9% of the total sales for the week."...More
  • Mar 21, 2014

    Cattle Market Weekly Audio Report for Saturday, Mar. 22, 2014

    Cattle and beef markets started showing possible signs of wear this week, but continued to command historically high prices. Calf and stocker cattle sold steady to $5 higher overall. Near the major grazing regions, though, 6-weight grass cattle traded fully $6-$8 higher....More
  • Mar 20, 2014

    Meat Market Update | March 15

    "The beef Daily Choice Cutout for Friday, March 14, ws $240.44, which was $4.42 higher than the previous Friday. The weekly total for the daily spot volume was 561 loads and was about 8% of the total sales for the week," says Ed Czerwien, UDSA....More
  • Wes Ishmael
    Mar 14, 2014

    Cattle Market Weekly Audio Report for Mar. 15, 2014

    Stocker cattle and calves traded $2-$6/cwt. higher this week, according to the Agricultural Marketing Service (AMS). The full advance was noted in the Southeast as summer grazers try to get stockers assembled and straightened out before turn-out dates arrive....More
  • Mar 13, 2014

    What Can Growers Of Delicious Beef Learn From Growers Of Delicious Apples? 3

    I’ll never forget the illustration that Jim Gosey, formerly the University of Nebraska Extension beef specialist, once presented at a meeting long ago. Gosey talked about the apple industry and related how the Delicious variety of apple once dominated that industry in market share. Its growers were committed to maintaining that position and thus listened to what the consumer wanted. They developed the perfect color and shape (perfect for sitting on the teacher’s desk), and gave it that cool crisp sound when it’s split....More
  • Mar 13, 2014

    There Is No Magical Cow Size That Guarantees Profitability 12

    I had several people this week dispute my statement from last week that biological efficiency doesn’t vary among the accepted range in mature size in the industry (“The Bearish Math On The Beef Industry Doesn’t Add Up”). The bottom line is that maintenance costs rise as mature size increases, but it’s not a 1:1 relationship. In fact, the general rule of thumb is that maintenance costs are calculated by taking mature size to the .7 power....More
  • Mar 12, 2014

    Meat Market Update | March 8

    Ed Czerwien, USDA Market News reporter in Amarillo, TX, provides us with the latest outlook on boxed beef prices and the weekly cattle trade. The Daily Choice Cutout or Friday, March 7 was $236.02, which was $10.69 higher than the previous Friday. The weekly totaly for the dairy spot volume was 584 loads; about 9% of the total sales for the week....More
  • Mar 9, 2014

    Despite Record Prices, Push The Pencil For The Best Selling Option

    Current corn prices are lowering cost of gain, and current marketing buy/sell margins are putting upward pressure on breakeven cost of gain. Be sure to use a sharp pencil in making your post-weaning marketing plans for your 2013 calves....More


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