Drovers - Beef Industry News, Markets and Production
Beef Production. Iowa Farmer Feeder Cites Favorable Corn and Cattle Basis As Competitive Advantages. Ag Policy. Buoyed by Stronger Support from Rural America than 2016, Trump Wins Second Term as President. Industry. 50% of Ag Economists Think We're Still A Year Away from Even Starting to Rebuild the U.S. Cattle Herd. Beef Production.
Profit Tracker: Hog Margins Improve as Beef Margins Disappoint
1 day ago · By Jennifer Shike November 12, 2024. Negotiated cash cattle dropped $3.44 per cwt. the week ending Nov. 9 while feedlot margins dropped $56 per head to an industry average of $73.53 per head, according to the Sterling Beef Profit Tracker. Meanwhile, beef packers saw profits decrease $42 per head to a loss of $58.42 per head.
Cattle Market Reports and Analysis | Drovers
Oct 28, 2024 · Heifers made up 39.7 percent of the total feedlot inventory on Oct. 1, up slightly from the 39.6 percent in July. Derrell S Peel. 1 week ago. CAB Insider: Market Update Sept. 25. Harvested fed steer and heifer head counts outpaced the same weeks in 2023, with 501K and 492K in the past two weeks. Paul Dykstra.
Market Reports - Drovers
The first hint of green grass was evident throughout much of the Midwest last week, and moisture across the High Plains was welcome with warmer weather on the way. Demand for grass cattle was high. Grain commodity markets impact farmers, producers, and consumers alike. View the latest prices and market data on Drovers.
Markets - Drovers
Negotiated cash cattle increased an average of $1.18 per cwt. the week ending Sept. 14 and profit margins dropped by $13 per head to an industry average of $130.66 per head, according to Sterling Marketing. Farrow-to-finish hog producers found positive margins of $16 per head last week, down $2.91 from the previous week.
Industry Shifts: What Cattle Producers See Coming In the Next 5 …
Sep 26, 2024 · Despite the challenges, producers are thinking to the future with plans to add a family member and grow their herd size. In fact, 54% of producers in this year’s survey indicate they plan to add a family member to the operation (versus 51% in 2023). Even though it doesn’t appear the business will see rapid rebuilding, there are indications ...
Livestock Analysis - Drovers
1 day ago · Latest News From. Livestock Analysis. World Agricultural Supply and Demand Estimates. USDA report estimates cattle and hog prices forecasted for rest of 2024 and into 2025 raised based on recent prices and the continued strength …
Livestock Markets - Drovers
Oct 18, 2024 · 4 years ago. Fed’s Announcement Not Showing Much Impact to Livestock Markets. Fears of the coronavirus continue to haunt the stock market despite the Federal Reserve’s efforts to calm it. Live cattle prices have dropped to numbers producers and traders haven’t seen in nearly a decade.
State of the Beef Industry - Drovers
Sep 24, 2024 · At Drovers, we share your passion for agriculture and the beef industry. Our State of the Beef Industry report sought to gauge producer attitudes, commitment and management practices. The report is designed to provide a benchmark of information to help you make successful decisions.
Beef Quality: Where We’ve Been, and Where We’re Going
Sep 24, 2024 · 1. Commodity Choice has remained relatively steady at an annual average of 41% since 2011. However, the mix around that flat line has dramatically changed over time. 2. Select volume has steadily slid from 28% to 13% of the slaughter mix. 3. CAB + Prime volume has replaced the difference, increasing from 20% to 35%.