by Chris Prevatt | Dec 16, 2016
The August 2017 Feeder Cattle futures contract increased by $7.66/cwt. during November. Based on this futures price increase, August Feeder Cattle revenues increased by approximately $57.45/head ($7.66/cwt. * 7.5 cwt.) on a 750-pound feeder steer which amounts to...
by Doug Mayo | Dec 2, 2016
The 2016 US crop may still be somewhat of a question mark but USDA’s November numbers provided clarity on a few things—the crop got smaller in some areas as expected and the crop still got bigger overall. The North Carolina and South Carolina crops were reduced by a...
by Chris Prevatt | Nov 11, 2016
The August 2017 Feeder Cattle futures contract decreased by $4.95/cwt. during October. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $37.13/hd. ($4.95/cwt. * 7.5 cwt.) on a 750-pound feeder steer which amounts to...
by external | Nov 4, 2016
Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist The unexpectedly rapid and harsh adjustment in feeder cattle prices in 2016 has raised many questions about the current status of herd expansion. Have changes in producer expectations...
by Doug Mayo | Oct 21, 2016
Cattle prices peaked at unprecedented levels in 2014, fell off a cliff in 2015, and took another steep nosedive in 2016. When you look at Figure 1 above you can see that average prices for weaned steers have fallen sharply back to 2010 levels this fall. From July...
by Doug Mayo | Oct 21, 2016
Many producers are probably sitting in fairly good position right now with regard to their cotton marketing and risk management. Provided they took advantage of the opportunities above 70 cents when the market was there—and I think many did. The question on the mind...