Dr. Curt Lacy (UGA) On Friday, January 27, USDA-NASS released the much anticipated Cattle Report. This annual report is the one report most cattle market forecasters hang their hat on because it contains all of the reported inventories of beef cows, dairy cows, total cattle and calves, as well as a whole host of other […]
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 […]
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 […]
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 […]
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 […]
