Dr. Curt Lacy (UGA) Prices for 500-600 pound calves in Georgia and the Southeastern U.S. remained firm this week. The primary reasons were favorable news about projected corn supplies and prices as well as affirmation that cattle supplies and beef production will be lower in 2013. For the remainder of the fall, cattlemen can expect […]
Cattle on Feed Report Contains Good News
Dr. Curt Lacy (UGA) USDA released the May Cattle on Feed (COF) report this afternoon. The report contained some encouraging news for cattlemen. Basically, we had one percent fewer COF in May than most private analysts expected. These lower numbers were caused by larger marketings and lower placements than many had forecast. Other notables mentioned […]
Monthly Trade Update – LMIC Staff
According to the February trade data, U.S. beef exports were down 8% from a year ago, but were still nearly 16% above 2010’s. Large year-over-year export declines were reported for South Korea (down 38%), followed by Mexico (down 10%), Canada (down 9%), and Japan (down 7%). However, U.S. beef exports to China, Russia, and Vietnam […]
Trends . . . December 1 Hay Stock Shrink
Katelyn McCulloch (Livestock Marketing Information Center) Hay stocks are short. Drought induced hay use was a market topic for much of the year, reflecting dire conditions especially in the Southern Plains. Perhaps the December 1 hay stocks wasn’t the most anticipated item by USDA-NASS this month, but it certainly put this year in perspective when […]
Survey Says…Fewer Cows
Dr. Curt Lacy (UGA) On Friday, January 27, USDA-NASS released the much anticipated Cattle Report. This annual report is the one report most cattle market forecasters hang their hat on because it contains all of the reported inventories of beef cows, dairy cows, total cattle and calves, as well as a whole host of other […]