Cattle Market

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 …

In the past 10 years, the fed cattle price has declined 6% from the first week of May through the end of June. Under current conditions, this suggests a $135/cwt. …