Dr. Curt Lacy (UGA) Livestock Marketing Information Center (LMIC) Monday, May 6, 2013 was the first week pasture and range conditions were included in the USDA-NASS Crop Progress Report. After two years of drought, the 2013 season generally opened with poor conditions and delayed green-up. Overall, U.S. pasture and range conditions are much worse than […]
Importance of Beef Exports
Dr. Curt Lacy (UGA) Exports contribute significantly to the value of slaughter cattle and feeder cattle. In fact, some industry analysts suggest they add around $150 per head to the value of cattle by providing additional markets for cuts and variety meats that are less valuable in the US. In recent years, beef cattle exports […]
Change in Beef Cow Numbers from 2003-2013
Dr. Curt Lacy (UGA) The graph below shows the change in beef cow numbers from January 1, 2003 to January 1, 2013. States in white and light blue experienced declines while states in darker blue actually increased their herds.
February 1 Cattle Report Confirms Shrinking Beef Cow Herd
Dr. Curt Lacy (UGA) On February 1, USDA released their much anticipated Cattle report. This annual report is one of the most anticipated news events for cattlemen, analysts and cattle industry observers because it details the number of cattle that we have by class. As a result, it is very helpful in predicting future market […]
Stocker Demand Remains Strong
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 […]