Quality grades lower, production factors shift MARKET UPDATE The fed cattle market continues to trade in a fairly wide range from the northern feeding region to the south. Texas continued the July trend holding the bottom of last week’s range at $118/cwt. to $120/cwt....
Are carcass premiums supply or demand driven? MARKET UPDATE The estimated weekly slaughter total last week was 623,000 head, a significant reduction from the prior week, thanks, in part, to the three-day weekend. Recent weekday daily steer/heifer slaughter totals have...
Bright and shining silver lining MARKET UPDATE The fed cattle market has been an arduous grind for this year as prices have failed to reflect historic highs in cutout values. With seven weeks in the books of what can essentially be called a $120/cwt. fed cattle price,...
CAB Connection: Select value under pressure So little Select beef, so few care by Paul Dykstra June 14, 2021 Producing what nobody wants is hardly a solid business plan. It seems doubtful anyone knowingly does that, but without paying attention to shifts in the...
2020 Hindsight Dichotomies, erratic patterns, stabilization–last year had it all by Paul Dykstra June 10,2021 The late-December ritual of swapping out the prior year’s calendar from the refrigerator or office wall has never been such a unanimously welcome...
