Cattle Market

By Chad Franke – Rocky Mountain Farmers Union President I am grateful to serve as President for the Rocky Mountain Farmers Union, whose mission of education includes assuring consumers can …

Cattle prices are up. There’s no doubt about that. Nominally prices are at or higher than where we were in the 2013 to 2015 cycle. June 2023 average monthly prices …

The daily 5-Market negotiated cash fed cattle price reported on Thursday, April 6, 2023, by the USDA Agricultural Marketing Service, was $172.33/cwt., a new record daily fed cattle price.  This …

Senators Deb Fischer (R-NE), Chuck Grassley (R-IA), Jon Tester (D-MT), and Ron Wyden (D-OR) reintroduced the Cattle Price Discovery and Transparency Act.  The bill would establish minimum levels of fed cattle purchases …

Tuesday’s 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 …

The nation’s largest beef packers are facing a growing number of antitrust lawsuits alleging a conspiracy to fix prices, as five more complaints were filed in a federal court in …

The latest USDA Cattle on Feed report pegged the October 1 cattle on feed inventory at 11.449 million head, down 0.9 percent year over year.  This is the first year …

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 …

The proposed $1.1 billion beef packing plant in Rapid City, South Dakota, got some backing this past week when the group heading the project also announced the plant would be …

At first glance, 2022 cattle prices are higher than 2021. At $138, slaughter steer prices are 15.35% above 2021 prices, but even with higher prices, farmers and ranchers will travel …