Menu
Western South Dakota's Only Ranch Station
Note: This September report marks the 50th anniversary of WASDE reports. The WASDE report was created after the Great Grain Robbery of 1972 with the first WASDE report coming out in September of 1973, when the Soviet Union was able to buy an immense amount of U.S. wheat at subsidized prices. The wheat was sold […]
WASHINGTON, D.C. – The USDA lowered 2023 pork and broiler production estimates while raising beef and leaving turkey unchanged in its February 8, 2023 World Agricultural Supply and Demand Estimate (WASDE) report. Meanwhile, USDA is seeing higher ending stocks for both corn and soybeans according to the agency. The agency said this month’s 2022-2023 US […]
WASHINGTON, D.C. – Last Tuesday’s (Jan. 31, 2023)  USDA Cattle Inventory report revealed the lowest beef cow inventory in the US in the 50+ year history of the report. Down 4% from last year at 28.9 million head, that surpasses the lows reached in 2014. It probably doesn’t surprise many folks to hear that the […]
NEW ORLEANS, LA – During this year’s American Sheep Industry Association’s annual convention in New Orleans, there was a lot of excitement about American wool. The American Sheep Industry Association’s Rita Kourlis-Samuelson explains some of the efforts ASI is doing to build demand for that high-quality U.S. wool clip. “We do export quite a bit […]
WASHINGTON, D.C. – As always, there is a great deal of dynamics across various beef product markets. However, beef demand appears to be generally steady and strong at the end of 2022. That’s according to Darrell Peel, Oklahoma State Extension Livestock Economist. Beef demand considers retail beef prices as well as the quantity of beef […]
WASHINGTON, D.C. – Wednesday’s WASDE report shared mostly supportive news to the beef and cattle markets and mixed news for the hog complex. Beef production for 2022 was raised. Third and fourth quarters expect larger production than what was originally anticipated a month ago as a result of the packing sector remaining current as well […]
WASHINGTON, D.C. – USDA released the World Agricultural Supply and Demand Estimates (WASDE) as well as Crop Production reports that lowered crop acreage, yield and overall production for corn and soybeans. USDA on Friday shaved corn production 146 million bushels to 14.35 billion bushels, but increased soybean production 25 million bushels to 4.53 billion bushels, […]
WASHINGTON, D.C. – The USDA’s 2022 commercial beef and pork production estimates are up from May, while the federally inspected poultry outlooks are down. Beef production is seen at 27.907 billion pounds, up 65 million on higher slaughter rates cancelling out lower average weights, with an average steer price of $140.10 per hundredweight, unchanged, and […]
FARGO, ND – North Dakota State University (NDSU) Extension and University of Minnesota (UMN) Extension will host a real-world sheep and goat marketing webinar starting at 6:30 p.m. CDT on March 29. Sheep and goat farmers/ranchers, 4-H and FFA members, and consumers of lamb and goat meat are invited to attend to learn more about […]
ENGLEWOOD, CO – While shoppers used to be wary due to its higher price tag, store sales of lamb jumped 28% year-over-year as of last month, according to Nielsen. Meanwhile, beef sales rose 25.6% and pork sales increased 20.5% over the same period, reported The Seattle Times. “Lamb has had a tremendous 2020 and continues […]
