Cattle and Beef Market Summer Struggles

Cattle and beef market summer struggles

Cattle and beef markets suffered through a significant correction in July. Led by Live and Feeder futures, feeder and fed cattle markets were dragged lower through July, with USDA news

Missouri sale barn owner says tight cattle supplies could push cattle prices even higher

The owner of one of the largest sale barns in the country says there’s room for cattle prices to move higher.   Jackie Moore with Joplin Regional Stockyards in Missouri says he’ll continue to monitor placements data.  “These cattle on feed reports, I’d say over the next three, four, five months are going to be way under what it’s been being,” he says. “We […] The post Missouri sale barn owner says tight cattle supplies could push cattle prices e…

In the Cattle Markets: Forage Production Insurance Changes

LAKEWOOD, Colo. — Earlier this summer, the USDA’s Risk Management Agency announced major changes to hay insurance for many states. The affected product, Forage Production, has historically insured against yield losses on alfalfa and alfalfa mixes in dairy states. Beef producers have been able to use the product too as it covers the hay crop and not cattle. The change adds revenue insurance to forage (hay) in many states. In the June Acreage repo…

Cattle See Mixed Monday Trade, as Live Cattle Strengthen

Live cattle futures were higher on Monday, with contracts up 82 cents to $1.80 across most months. There were no deliveries issued on first notice day for August live cattle futures. Cash trade picked up last week at $235 live and $370 dressed (North) across the country. It has been...