Drovers - Beef Industry News, Markets and Production
WEBSpeer: Debunking Beef Trade Propaganda. Protectionists believe international trade is the peril of the beef industry. However, it incentivizes and enables U.S. producers to take full advantage of specialization and benefit from the respective ability to produce high-quality beef. 1 week ago.
Industry Shifts: What Cattle Producers See Coming In the Next 5 …
WEB10 hours ago — In fact, 54% of producers in this year’s survey indicate they plan to add a family member to the operation (versus 51% in 2023). Even though it doesn’t appear the business will see rapid rebuilding, there are indications many of these operations are viable and plan on remaining that way in the future. That’s certainly a sign of brewing ...
CAB Insider: Market Update Sept. 25 | Drovers
WEB8 hours ago — CAB Insider: Market Update Sept. 25. Last week fed cattle prices extended the two-week upward turnaround from the short-term low of $181.07/cwt. the first week of September. At the hands of a jittery equity market correction, the early September bottom ended the month-long August slide that pulled cash fed cattle down by $12.43/cwt.
Profit Tracker: Margins Drop Drastically for Beef Packers, Pork …
WEB12 hours ago — Negotiated cash cattle increased an average of $1.80 per cwt. the week ending Sept. 21 and profit margins increased $18 per head to an industry average of $95.38 per head, according to the Sterling Beef Profit Tracker. Meanwhile, beef packers saw profits drop $54 per head to a loss of $18 per head. That …
Are Cattle Producers Rebuilding Their Herds Now? | Drovers
WEB1 day ago — The pace of expansion or herd rebuilding in the current cattle cycle will be much slower than past cycles, and the extent of herd building will also be reduced. That has been the case for previous beef inventory expansions since 1975’s peak of 132 million head as subsequent cycles have all peaked below the previous cyclical peak.
Drovers October 2024 | Drovers
WEB2 days ago — Beef Production. Financial Opportunities of Cull Cow Marketing September 25, 2024. Sponsored. Keep Pasture Care Top of Mind — Even Through Fall September 25, 2024. Sponsored. Enhance Forage Utilization and Calf Growth: Effective Strategies for Cow-Calf Producers September 25, 2024. Follow Drovers. Facebook. Twitter.
Beef Quality: Where We’ve Been, and Where We’re Going
WEB2 days ago — 1. Commodity Choice has remained relatively steady at an annual average of 41% since 2011. However, the mix around that flat line has dramatically changed over time. 2. Select volume has steadily slid from 28% to 13% of the slaughter mix. 3. CAB + Prime volume has replaced the difference, increasing from 20% to 35%.
Good News: Consumers Continue To Choose Beef | Drovers
WEB3 days ago — Battle for Margin. Nevertheless, while fed beef supply has held steady, it’s likely that trend will be pressured in coming years. Beef cow inventory started the year at 28.2 million head. The Jan. 1 feeder cattle supply outside of feedyards was just 24.2 million head, down 5% from 2023 and off 10% from the recent peak of 26.6 million head in ...
Markets - Drovers
WEBLatest News From Markets. Negotiated cash cattle increased an average of $1.18 per cwt. the week ending Sept. 14 and profit margins dropped by $13 per head to an industry average of $130.66 per head, according to Sterling Marketing. Farrow-to-finish hog producers found positive margins of $16 per head last …
Market Reports - Drovers
WEBCattle feeders were left on the sidelines as every other cattle/beef market segment saw a price rally. Futures markets set new highs, but cash cattle have not reached $112 for seven months. Grain commodity markets impact farmers, producers, and consumers alike. View the latest prices and market data on Drovers.
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