Dr. Curt Lacy (UGA) Recently USDA released the May 1 Hay Stocks numbers. This is an important statistic because it gives an idea of the ending hay inventory for the US. The next hay statistic that will be reported is the December 1 Hay Stocks which provides an estimate of the hay stocks entering winter. […]
Dr. Curt Lacy (UGA) In case you haven’t noticed, wholesale beef prices broke above $200/ Cwt. a few weeks ago and have yet to back up (Figure 1). While certainly most of this increase can be directly tied to Memorial Day and the beginning of “GrillingSeason,” there are also some other important points that should […]
Dr. Curt Lacy (UGA) Livestock Marketing Information Center (LMIC) Monday, May 6, 2013 was the first week pasture and range conditions were included in the USDA-NASS Crop Progress Report. After two years of drought, the 2013 season generally opened with poor conditions and delayed green-up. Overall, U.S. pasture and range conditions are much worse than […]
Dr. Curt Lacy (UGA) Exports contribute significantly to the value of slaughter cattle and feeder cattle. In fact, some industry analysts suggest they add around $150 per head to the value of cattle by providing additional markets for cuts and variety meats that are less valuable in the US. In recent years, beef cattle exports […]
Dr. Curt Lacy (UGA) The graph below shows the change in beef cow numbers from January 1, 2003 to January 1, 2013. States in white and light blue experienced declines while states in darker blue actually increased their herds.