Posts by Paul Dykstra :

Fed Cattle Market Chasing Grade

Date: May 02 2022

| CAB Insider

Fewer carcasses in the Prime grade have not resulted in a larger share in Premium Choice. USDA data shows the percentage of Choice carcasses certified for Premium Choice branded beef programs is currently lower than in any of the past four years, albeit fractionally so.

Will the Prime Market Heat Up

Date: Apr 13 2022

| CAB Insider

Prime trends continue to chart new territory for the most premium quality grade and current conditions show reason for incentive. A potential directional shift up and to the right on the premium chart is not out of the question.

Weights and Grade Trends

Date: Mar 31 2022

| CAB Insider

The redundancy of higher corn prices in the market discussion is bound to grow old, but it’s an important feature of the fed cattle trade now and will be moving forward. Cattle feeders have been more willing to sell finished cattle in recent weeks since corn prices have elevated the ration cost and feed conversion efficiency decreases at the end of the feeding period.

Carcass Quality Ramping Up

Date: Mar 02 2022

| CAB Insider

Certified Angus Beef carcasses surged during the second week of February posting the largest supply for that timeframe. All the important factors aligned to generate the rapid uptick in qualifying carcasses. Beginning with the fed cattle slaughter, that week featured 8.3% more harvested steers and heifers than the same week in 2021, when the previous record was posted.

Cow Herd Implications

Date: Feb 02 2022

| CAB Insider

The USDA January 1 cow herd inventory, published this Monday, confirmed a 2% decline in the beef cow herd, along with a 1% decline in feeder cattle supplies. This is relatively in line with earlier estimates, although some had projected the beef cow decline fractionally smaller than the USDA number.

Slow Slaughter Impacts

Date: Jan 19 2022

| CAB Insider

Cattle supply is certainly not the issue, rather, it’s a COVID-induced absenteeism issue in many of the country’s packing plants. Packing plants experience increased worker absence, resulting in much smaller slaughter totals so far in January 2022.