cattle prices

The question is how much higher can cattle prices go before the herd expansion gets rolling? One industry expert says cattle prices aren’t done climbing.

Cattle has been in a bull market for quite a while.  But how long can the rally last?   “You talk to some of the cow-calf folks, and yes, those feeders are worth a lot of money," said USDA chief economist Seth Meyer.  "But the decision is, do I take the cash now, or do I retain that heifer and hope that I'll make that money two years from now on, on a fed out animal? And so I talked to .

According to the USDA’s April Cattle on Feed report, the national cattle herd remains smaller year-over-year, despite efforts to increase inventory.  What do the marketing trends in the industry look like?   USDA livestock analyst Anthony Fischer says when it comes to the number of cattle on feed over 150 days, which he pointed out is typically an indicator of how fast cattle are being marketed, t

Listen to the national news, and you’ll hear discussions about how inflation is not what it was last year or even a few months ago.  And while that may have a direct impact on many sectors of the U.S. economy, unfortunately agriculture is not one of them.  Cameron Mulro...

The message at last month’s 99th annual Washington Cattlemen’s Association meeting in Wenatchee was a positive one, for both producers and the non-ag community alike.  Chelsea Hajny, Executive Vice President of the WCA, said now is a good time to be in the cow business.   ‘We don't al...

USDA’s January 1 cattle inventory report places the total number of cattle and calves at 89.3 million head, consistent with trade expectations for a 3% year-over-year drop.  The decline comes as cattle producers face a fourth consecutive year of contraction within the cattle cycle.  That’s a...

The CattleFax Outlook Seminar at the annual Cattle Industry Convention in New Orleans dug into expert market and weather analysis for the coming year.  Prices and profitability will again favor cattle producers in 2023.  The cattle industry came into the year with the smallest cattle supply since 2015, as drought caused the industry to dig deeper into the supply of feeder cattle and calves.   ...

When it comes to the year ahead, Cameron Mulrony, Executive Vice President of Idaho Cattle said he’s looking forward to moving past 2022, which he called volatile.   “You know we had our high points and our low points.  We saw liquida...

Recent reports from the USDA reveal current trends in the cattle markets.  American Farm Bureau Federation Economist Bernt Nelson, called the recent report bullish, with total cattle on feed coming in right around 11.4 million, down 1% year-over-year.  He note...

When looking at NASS' most recent cattle inventory report, "The numbers are dropping," noted USDA Livestock Analyst Shayle Shagam.  "Both lower cow numbers and lower replacement numbers." And, he added, higher numbers of females being put into feed lots.  Sh...