by Doug Mayo | Feb 3, 2017
The U.S. Department of Agriculture (USDA) released their January cattle inventory report on January 31st. For the beef cattle industry this is the annual supply report card. The total number of cattle and calves rose 2% from 91.9 million head on January 1, 2016 to...
by Doug Mayo | Jan 20, 2017
March futures have improved. January has thus far been a good month. The big question and the uncertainty is whether or not this will last. No one can be sure. So if you’re a producer and have been looking for an opportunity to sell a portion of remaining 2016...
by Chris Prevatt | Jan 6, 2017
The August 2017 Feeder Cattle futures contract decreased by $0.22/cwt. during December. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $1.65/head ($0.22/cwt. * 7.5 cwt.) on a 750-pound feeder steer which amounts to...
by Doug Mayo | Dec 16, 2016
Don Shurley, Cotton Economist, UGA Professor Emeritus My kids, and now grandkids, seem to enjoy the cheap, unexpected surprises in their Christmas stocking as much as anything. USDA’s December crop production and supply/demand estimates were as expected, in some...
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...
