Menu
Western South Dakota's Only Ranch Station
WASHINGTON, D.C. – The USDA released its updated WASDE report on August 11, 2023. The August WASDE is the first WASDE report that incorporates farmer surveys and satellite imagery into its yield projections. Previous reports use weather adjusted trendlines. Crop yields were the biggest numbers to watch heading into the report. The market was expecting […]
DENVER, CO – The American Lamb Board’s (ALB) July market report is now available. The report indicates that both lamb imports and domestic production are down. “We are hopeful that lower lamb imports will result in improved lamb prices for the second half of 2023 and provide an opportunity for producers to produce more lambs and increase […]
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 […]
PIERRE, S.D. – Agricultural producers who have not yet completed their crop acreage reports after planting should make an appointment with their local Farm Service Agency (FSA) service center before the applicable deadline. July 15 is a major deadline for most crops, but acreage reporting deadlines vary by county and by crop. Producers should make an appointment as […]
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 […]
BUFFALO, WY – The 2023 Meat Trends to Watch report identified five key areas to anticipating consumer preferences while keeping meat in the mix. “There are challenges ahead for the American Lamb industry, yet there are absolutely opportunities. But the entire industry will need to make changes to improve our competitiveness and profitability,” said Peter […]
WASHINGTON, D.C. – According to USDA, placements of cattle into feedlots during September 2021 were below expectations in a report viewed as mostly neutral to the trade. Texas, Nebraska, Kansas and Colorado possess the largest amount of cattle on feed currently. Most of the cattle placed were between 700 and 900 pounds, headed to market […]
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. – The June Cattle on Feed was mixed; both bearish and bullish. Lighter weight cattle were placed earlier which could have a lingering effect. Still, there was no definitive trend identified in this report. Expect to see lighter weight replacement to stay high if drought doesn’t lessen in the Northern Plains. There were […]
