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live cattle

cattle disappearing amid drought signals beef rally: commodities

bill donald, the third-generation owner of cayuse livestock co., sold the calves he raised early last summer and cut purchases of cattle after pastures dried up. the herd grazing his land now is about 85 percent of normal.

“there’s a huge cattle country that is in need of quite a bit of moisture,” donald, 60, the former president of the national cattlemen’s beef association, said by telephone from his ranch near melville, montana. “it’s going to take a major change in the weather patterns.”

drought impacts cattle herds, possible increase in beef prices

lake charles, la (kplc) -

the nation's cattle herd count has shrunk to its smallest size since the 1950s. that's according to the national agricultural statistics service (nass).

cattle futures rally on tight u.s. supply, rising demand

cattle futures rose the most in two weeks on speculation that u.s. animal supplies are shrinking as demand for beef climbs. hog prices also increased.

steers averaged $1.27 a pound in the first two days of this week, up 1.9 percent from a week earlier, u.s. data show. meatpackers are buying animals for the first full week of the new year for slaughter, supporting prices, troy vetterkind, the owner of vetterkind cattle brokerage llc in chicago, said in a report. yesterday, 127,000 cattle were processed, up 5 percent from a week earlier.

cattle futures climb as u.s. herd declines to 61-year low

by elizabeth campbell - feb 4, 2013

cattle futures rose for the first time in a week after a government report showed the size of the u.s. herd fell to 61-year low, signaling tightening beef supplies. hog prices dropped.

cattle rise as budget bill improves demand outlook; hogs steady

cattle futures rose for the second time in three sessions after u.s. legislators passed a budget deal to avert automatic tax increases and spending cuts, buoying the outlook for meat demand. hog prices were little changed.

the standard & poor’s gsci spot index of 24 commodities climbed as much as 1.6 percent after the house of representatives approved a bill to avert the so-called fiscal cliff and prevent income taxes from rising for most u.s. workers. president barack obama said he will sign the bill that makes the george w. bush-era income-tax cuts permanent for americans while letting them expire for top earners.

cattle head for first gain in week on tight supply; hogs steady

cattle futures climbed for the first time in more than a week on signs of tightening beef supplies. hog prices were little changed.

japan will allow imports of u.s. beef from cattle up to 30- months old, up from 20 months, as early as feb. 1, health minister norihisa tamura told reporters in tokyo today. the food safety commission recommended the change in october, saying it wouldn’t increase health risks. cargill inc. said last week that it will idle a beef-processing plant because of shrinking supplies of animals.

there’s been a “double confirmation of tight beef supplies,” dennis smith, an analyst at archer financial services in chicago, said in a telephone interview. “we had confirmation from cargill last week,” he said, followed by japan’s move, acknowledging “how tight beef supplies are going to get this year.”

cattle fall from record as high price may curb demand; hogs drop

cattle futures fell from a record on speculation that high u.s. prices will curb consumer demand for beef. hogs also declined.

wholesale-beef prices that have rallied 8 percent since the end of july dropped for a third day to $1.9198 a pound, the lowest since nov. 9, government data show. cattle futures are up 17 percent since the end of april, curbing prospects for beef demand.

cattle futures fall to four-week low on ample supplies

cattle futures fell to the lowest in four weeks on speculation that u.s. supplies are outpacing demand. hog prices also declined.

meatpackers processed 501,000 cattle in the first four days of this week, up 48 percent from the previous week, u.s. department of agriculture data show. wholesale beef headed for the first weekly decline since dec. 21.

“we’re backing cattle up a bit this week off of some increased numbers and perceived weakness in the cash market,” dennis smith, an analyst at archer financial services in chicago, said in a telephone interview.

cattle gain on outlook for shrinking u.s. supplies; hogs advance

cattle futures advanced for a second day on speculation that u.s. beef supplies are tightening as the feedlot herd shrinks. hog prices rose.

wholesale beef rose to $1.9617 a pound yesterday, a 1.1 percent gain that was the biggest since oct. 15, u.s. department of agriculture data show. feedlots have reduced the number of cattle offered for slaughter, said lane broadbent, a vice president at kis futures in oklahoma city. meatpackers processed 249,000 head in the first two days of this week, down 1.6 percent from a year earlier, usda data show.

meats-w2w

  • USDA Weekly Slaughter Rates
  • USDA World Agricultural Supply and Demand Estimates
  • USDA Agricultural Long-Term Projections to 2020
  • Feed Costs and Grain Prices (especially corn)
  • CFTC Commitment of Traders Report
  • Crop Calendar
  • Weather Crop Summary (every Tuesday @ noon)
  • Dollar Valuation
  • International Imports and Exports
  • Canadian Imports and Export Reports
  • Department of Commerce Rulings
  • Government Subsidies, Programs and Loan Rates
  • Live Stock Disease Spread and Containment
  • Inflation and Deflation Debate
  • Food Prices
  • Agricultural Labor Affairs
  • International Trade Association Policies
  • US Meat Export Federation Forecast
  • Hedge Fund  Participation

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