Date: Jun 17 2020
| CAB Insider & Cattle MarketsWith increased boxed product supplies comes a strong demand from the buying side to secure previously scarce supplies. These days, price is more favorable for end users. Fed cattle supplies are overwhelming and packer margins still leave room for boxes to be marked cheaper on larger production volume.
Date: Jun 03 2020
| CAB Insider & Cattle MarketsFederally inspected headcounts have seen rapid recovery since the lows experienced in April. For the past two weeks, the FI harvested headcount has been 86% and 89% of the same two weeks a year ago. Fed cattle prices have remained steady, averaging $116/cwt., with carcass weights steadily creeping higher.
Date: May 20 2020
| CAB Insider & Cattle MarketsFrom a beef demand perspective, nothing is normal as we are just a week removed now from all-time cutout highs. However, end-users are still buying what beef they can and consumers are generally clearing meat case inventories.
Date: May 07 2020
| CAB Insider & Cattle Markets & Post WeaningThe challenges presented now are very important to cattlemen and brand partners up and down the chain. However, the health of people at the packing level and throughout the country is the priority that must receive full focus and priority.
Date: Apr 22 2020
| CAB Insider & Cattle Markets & Grid MarketingThe many challenges the beef market is facing today are serious short term problems but are not indicative of long term trends. Price and demand signals will also realign as the pandemic subsides. The interrupted flow of cattle and boxed beef has implications now impacting the pricing structure on a carcass value basis.
Date: Apr 08 2020
| CAB Insider & Cattle Markets & Consumer Connection & Premium PotentialOne does not need to look far to see the gyrations that COVID-19 has brought to the beef supply chain. Many end meat whole muscle cuts and trim also find their way to the in-store grinder to fulfill America’s propensity toward ground beef consumption.
Date: Mar 25 2020
| CAB Insider & Cattle Markets & Consumer ConnectionAs many Americans are scrambling to find a new normal during the COVID-19 crisis, restaurants are being forced to find creative ways to keep food moving as dine-in is ceased. Meanwhile, retailers are scrambling to find beef to put in the meat case. Many CAB partners are lending helping hands.
Date: Mar 11 2020
| CAB Insider & Cattle Markets & Targeting the BrandSeasonal factors are impacting the CAB carcass headcount. Feeders have older, heavier cattle and more in the yard, lending to a higher supply while CAB acceptance is staying at a steady 36%.
Date: Feb 26 2020
| CAB Insider & Cattle Markets & Grid Marketing & Premium PotentialCAB continues to pay producers who target the brand. Up to $92M in 2019 was paid back to feeders and producers. Steer and heifer carcass weights are at record highs, averaging 904 lb. the first six weeks of 2020.
Date: Feb 12 2020
| CAB Insider & Cattle Markets & Consumer Connection & Grid MarketingThis year has started out with record highs for fed steer/heifer carcasses grading Prime. How much will the market demand and at what premium can it support? We haven’t reached the ceiling yet.
