Dr. Curt Lacy (UGA) In spite of high corn prices, demand for lightweight steers remains very strong. This week’s chart depicts prices for 400-500 pound steers versus last year and the five-year average. Following the summer swoon brought on by high corn prices, calf prices have firmed up and continue to run well ahead of […]

Dr. Curt Lacy (UGA) On Wednesday, September 12, USDA released its September World Agricultural Supply and Demand Estimates (WASDE). While the report did not contain any major news, it did indicate that corn supplies should be marginally higher from now until next year. As a result, the U.S. average corn price was lowered slightly (Figure […]

Dr. Curt Lacy (UGA) Prices for 500-600 pound calves in Georgia and the Southeastern U.S. remained firm this week. The primary reasons were favorable news about projected corn supplies and prices as well as affirmation that cattle supplies and beef production will be lower in 2013. For the remainder of the fall, cattlemen can expect […]

Dr. Curt Lacy (UGA) USDA released the May Cattle on Feed (COF) report this afternoon. The report contained some encouraging news for cattlemen. Basically, we had one percent fewer COF in May than most private analysts expected. These lower numbers were caused by larger marketings and lower placements than many had forecast. Other notables mentioned […]

According to the February trade data, U.S. beef exports were down 8% from a year ago, but were still nearly 16% above 2010’s. Large year-over-year export declines were reported for South Korea (down 38%), followed by Mexico (down 10%), Canada (down 9%), and Japan (down 7%). However, U.S. beef exports to China, Russia, and Vietnam […]