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WASHINGTON, D.C. – The combined U.S. and Canada cattle and hog herds have gotten smaller. That’s as both nations respond to weather issues leading to liquidation of cattle herds and attempts to improve profitability for hog producers, reports Brownfield Ag News. A report from the USDA and Statistics Canada says that on July 1st there were […]
WASHINGTON, D.C. – The USDA’s recent report released on Friday, August 18, 2023, shared some interesting insights into the cattle market. Unlike the past few months, July saw an 8.3% decline in cattle placements, breaking a two-month trend. This drop places the annual number at 2.3% low the previous year. This change fits more clearly […]
STILLWATER, OK – The mid-year cattle inventory report confirmed cattle numbers continue to get smaller and there is no significant indication of herd rebuilding so far. Despite sharply higher cattle prices this year, there is no data to suggest heifer retention or enough decrease in beef cow slaughter to initiate herd expansion, although the most […]
The highly anticipated USDA Cattle Inventory report released on the final day of January showed pre-report expectations were nearly spot-on with their predictions. The nation’s beef cow herd has shrunk over the past ten years and now sits at its lowest level in the data series’ 50-year history. Although this was not a surprise to […]
WASHINGTON, D.C. –  The monthly COF report confirmed the continuing decline in placements and on feed numbers. Placements were down 8% from December 2021 with the usual holiday related slowdown in placements amplified by winter storms in most of the major feeding areas that canceled sales events and limited livestock movement. Tighter numbers caused by […]
STURGIS, SD – Friday’s (Nov. 18) Cattle on Feed report exceeded expectations across the board. Total on-feed and placement numbers were two percent lower. But the big surprise were placements, down 6% at 2.11 million head, the lowest placement figure the COF report has seen for October since the series began in 1996. Add the […]
WASHINGTON, D.C. – The year kicked off with a cattle inventory estimated to be down 2%, thanks to a 2021 calf crop down 2.3% from the previous year, due largely to the pressures brought on by drought and high input costs for feed, fuel, fertilizer and labor. This Market Intel provides ranchers and farmers with […]
WASHINGTON, D.C. – The latest combined U.S. and Canadian cattle and hogs looks supportive for cash business, having become tighter with drought in the cattle business and a cut in production by U.S. hog producers in efforts to improve their bottom line. According to the USDA and Statistics Canada, the combined cattle herd on July […]
WASHINGTON, D.C. – The Mid-Year Cattle Inventory Report confirmed that the cumulative effects of drought that past two years have accelerated liquidation of the beef cattle herd. The July 1 inventory of all cattle and calves was 98.8 million head, down 2.0 percent year over year. Â The beef cow herd decreased by 2.4 percent year […]
SIOUX FALLS, SD  — Almost two years after voters approved medical marijuana, South Dakota dispensaries are still in the preparation stages of being able to sell medical cannabis products. While the state has approved medical marijuana licenses and municipalities across the state have established their own guidelines for dispensaries, there is no supply of THC […]