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Sell 2011-2012 Calf Crop Now??

2011 11 11 Slide1_002

Early November is not a time when many cattlemen consider selling calves for next summer or fall. Perhaps this year they should. The following chart depicts the CME Feeder Cattle futures closes for November 10, 2011. By reviewing the chart cattlemen should be able to see that favorable prices are projected for most of next […]

September Cattle on Feed Report contains major surprises – in a good sort of way

2011 09 24 AugustCOFReport-sep242011

Dr. Curt Lacy (UGA) The September Cattle on Feed report delivered by USDA on September 23, 2011 surprised the industry with some good news. According to the report, on September 1, 2011 there were 10.7 million head of cattle on feed in feedlots with over 1,000 head capacity. While this number is 5 percent above […]

Outlook is for feedstuffs to remain very expensive

2011 08 26 G-NP-Annualaug2011

Livestock Marketing Information Center (LMIC) Staff On August 11th, USDA-NASS lowered their 2011 crop production forecasts for major feedstuffs and the WAOB raised USDA’s price forecasts. The estimated national average corn yield was reduced to 153 bushels per acre, a decline of nearly 6 bushels from the month-earlier forecast and below industry expectations. The national […]

Feeder Cattle Prices Begin Seasonal Increase

2011 07 11 feederprices-july112011

Dr. Curt Lacy (UGA) 700-800 feeder steer prices in the Southeastern US tend to reach their annual peak in July and August. This year appears to be following the same pattern. Unlike calf prices that saw a substantial price decline a few months ago, feeder prices have remained fairly stable. In addition to the seasonal […]

Drought Likely to Impact Cattle Markets for Years

2011 06 08 Slide1_001

The following article is taken from the Cow-Calf Corner newsletter published by Oklahoma State University. Dr. Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist The on-going drought in the Southern Plains and surrounding regions is having immediate market impacts and, with each passing day is increasingly likely to have multi-year impacts in the […]

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