by Doug Mayo | Feb 17, 2017
Don Shurley, Cotton Economist, UGA Professor Emeritus The 2017 cotton market appears to be on increasingly stable and improved economic footing compared to 2016. Prices for the 2017 crop (Dec17 futures) have now (this week) edged above 74 cents and the highest level...
by Chris Prevatt | Feb 10, 2017
The August 2017 Feeder Cattle futures contract decreased by $1.20/cwt. during January. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $9.00/head ($1.20/cwt. * 7.5 cwt.) on a 750-pound feeder steer which amounts to...
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...