Weighing the Market

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 ...

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 ...

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 ...

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 ...