CAB Connection: Select value under pressure
Date: Jun 11 2021
| CAB ConnectionAs we look at demand for Select beef, it’s important to realize supplies have dramatically decreased. Price and volume are the two drivers that define demand.
Posts by Paul Dykstra :
CAB Connection: 2020 hindsight
Date: Jun 10 2021
| CAB Connection & Cattle MarketsThe cattle business year in review is painted primarily with COVID-19 irregularities. A year ago few could have imagined the more widespread and lasting pandemic impacts that lay in wait.
Seasonal carcass trends intact
Date: May 18 2021
| CAB InsiderCattle and beef markets the past two years have conditioned us to expect the unexpected. Several fundamentals are “upside down” in the total beef complex, but a few are behaving in relatively seasonal fashion.
Cattle, grain and carcass price signals mixed
Date: Apr 29 2021
| CAB InsiderThe beef industry finds itself in another odd position as market values are adjusting swiftly. Feed grains continue to react to global supply-and-demand dynamics with a bias toward even higher corn and soybean futures prices.
Looking ahead to marketing spring calves
Date: Apr 14 2021
| CAB Insider & Premium PotentialThe shift away from larger availability of yearlings to the new crop of spring 2020 calf-fed cattle is beginning. This is the early stage of this seasonal trend, with more to come as April progresses.
Largest Q1 Prime carcass production rewarded
Date: Mar 31 2021
| CAB InsiderDemand for quality is good, based on elevated quality premiums in the past year. The advantage will potentially be back in the hands of feeders with genetically higher-marbling cattle, rather than cattle that must be highly managed through the feeding regimen to reach the premium grades and CAB.
CAB carcass supplies set weekly records
Date: Mar 18 2021
| CAB InsiderThe Choice/Select spread and CAB/Choice spreads narrowed in last week’s trade as ribeye and strip loin prices fell. Higher than normal first-quarter middle meat prices were responsible for some of the wider quality price spreads since the first of the year.
Quality carcass spreads turn up early
Date: Mar 03 2021
| CAB Insider & Cattle Markets & Targeting the BrandSo far in 2021, Choice carcasses are at a higher premium to Select than in any of the previous five years. This is important, not because Choice carcasses are the production target, but because the producer’s share of the Choice premium is the foundation on which CAB and Prime premiums are added.
Cold weather, grade expectations
Date: Feb 17 2021
| CAB InsiderExtreme winter conditions and temperatures well below zero have been widespread across the country impacting most of the major central cattle feeding region. History in our CAB data shows us that grade generally improves, rather than declines, during periods of extreme cold.
With more global optimism, CAB exports rise in December
Date: Feb 03 2021
| CAB InsiderWhen cattle prices and producer sentiment are lackluster, sometimes it’s nice to look to a bright spot in the market. At CAB, a recent snapshot of December export data provides some interesting fodder, and something to get excited about.