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 […]

Katelyn McCulloch (Livestock Marketing Information Center) Hay stocks are short. Drought induced hay use was a market topic for much of the year, reflecting dire conditions especially in the Southern Plains. Perhaps the December 1 hay stocks wasn’t the most anticipated item by USDA-NASS this month, but it certainly put this year in perspective when […]