Dr. Curt Lacy (UGA) On Friday, January 28, USDA released the annual Cattle report. This year’s report had several interesting findings. Total beef cows that had calved were reported to be 30.86 million head, down 2 percent from last year. Heifers held as beef replacements totaled 5.16 million down 5 percent from 2010. Overall, the […]
Chart of the Week
Dr. Curt Lacy (UGA) The chart below demonstrates the amazing run we have experienced in the cattle market in recent weeks. For the week ending January 21, 2011, prices for 500-600 steers and bulls grades 1-2 averaged 122.23, 22 percent higher than the five-year average and 28 percent above the same week last year. Many […]