Weighing the Market

Carcass weights add price pressure

Heavier fed cattle carcass weights continue to weigh on cash fed cattle prices and wholesale beef values. March fed steer dressed weights were record large at 923 lbs., 9 lbs. heavier year over year, according to Josh Maples Extension livestock economist at Mississippi State University, in a recent issue of Cattle ...

Cattle markets treading water

More fed cattle and beef production than previously expected continued to cap cattle prices in November. ERS increased forecast beef production for next year by 535 million pounds (+2.1%) compared to the previous month at 25.8 billion pounds. That was based on more expected steer and heifer placements — ultimate ...

Cattle prices continue record pace

Although higher cattle prices were expected by many to increase as supplies contract, the pace through mid-July continued hotter than many originally anticipated. Feeder steer prices (600-700 lbs.) at the start of July were $61-$71/cwt. higher year over year on a regional basis — up 30-40% — according to USDA’s ...

Meat prices up, down as grilling season kicks off

Consumers are likely to see a mixed bag when it comes prices on beef, port and poultry cuts this grilling season. (Texas A&M AgriLife photo by Laura McKenzie) Texas Crop and Weather Report – May 31, 2023 Grilling season has begun, and consumers should expect a mixed bag when it ...

Does beef supply impact consumer demand?

A question was asked recently concerning beef supply and demand. From an economics perspective, supply and demand are calculated based on quantity and price. The general public uses these terms a little more loosely and sometimes confuses demand with quantity demanded and the same on the supply side. However, the ...
fed

Fed cattle prices surge higher

Supply and demand fundamentals, and good old-fashioned leverage, were on glaring display the last week of May as negotiated cash fed cattle prices jumped $3-$9/cwt. week to week on a live basis, from $175-$180/cwt. in the Southern Plains to $183-$188 in the North. For broader perspective, the weekly weighted average ...