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Out front sales leap

Date: Jun 17 2020

CAB Insider & Cattle Markets

With 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.

Picking up the pace

Date: Jun 03 2020

CAB Insider & Cattle Markets

Federally 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.

Grid values improve, grade runs high

Date: May 20 2020

CAB Insider & Cattle Markets

From 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.

Seasonal carcass premiums break form

Date: Apr 22 2020

CAB Insider & Cattle Markets & Grid Marketing

The 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.

This too shall pass

Date: Mar 24 2020

Black Ink & Blog & Cattle Markets

There are no words that will take away the devastating slap of a market drop, the pain of a postponed bull sale or the exhausting frustration that things feel out of control. The page will eventually turn and the world will still need great beef and those who raise it.