There has been a 7.4% increase in heifers harvested this year, while steers are down 0.4%. History shows fed heifers post higher marbling scores on average, yet we don’t see that reflected in the recent marbling trend.
Disappointing cattle prices loom like storm clouds. A third of producers are losing money, while others get by with modest returns and worry about those thunderheads. There are silver linings, of course. Consumer demand for high-quality beef is stronger than it’s ever been.
Paul Dykstra shares the cattle market is seeing impressive recovery since the fire in August. China’s protein needs shift towards beef since their pork industry’s onslaught of ASF, causing disruption in typical U.S. beef imports.
Paul Dykstra gives a market update, sharing the fed cattle prices are on a seasonal upward trend. Weaning and shipping have hit cattle country and producers must decide—to sell or retain ownership. Paul breaks down the numbers.
Financial reward kept cattlemen on the path toward higher quality, and led them to produce record amounts of Certified Angus Beef brand product in the 2019 fiscal year that ended September 30.
Paul Dykstra discusses the increasing carcass weights of fat cattle and the historic trends behind it. Cattle seller’s are also seeing improvements to the fed-cattle trade.
John Richeson presented on his research in BRD diagnostics at the 2019 Feeding Quality Forum. Focused on metaphylaxis and new technologies that may aid in faster identification of clinically-infected animals.
Certified Angus Beef LLC President asks the question, “Have we outpaced consumer demand for premium beef?” John Stika’s short answer is “no”. The ideal quality mix changes as consumers preferences change, but we are close to ideal as ever.
Their camaraderie and shared trust to the work they do for their feeding company doesn’t go unnoticed. The Timmerman family earned the CAB 2019 Feedlot Commitment to Excellence Award for their dedication to feeding quality cattle and getting results.
Fed cattle prices took a hit at the beginning of September, while Texas fed cattle continue to see the low end of trade. Setback is partly seasonal-goodbye grilling weather after Labor Day. The Choice-Select spread remains strong.
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