US Cattle Herd still Expanding

US Cattle Herd still Expanding

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...
Bull Buying – Focus on Value Not Just Price

Bull Buying – Focus on Value Not Just Price

2017 is shaping up to be another year of tight margins for cattle producers. As much as ranchers would like to limit expenses during market downturns, some expenditures can’t be postponed. Bulls fall into this category.  The necessity of having an adequate number of...
APHIS Confirms New World Screwworm in Dade County Dog

APHIS Confirms New World Screwworm in Dade County Dog

Source:  USDA Animal and Plant Health Inspection Service 01/09/2017 The United States Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) confirmed the presence of New World screwworm (Cochliomyia hominivorax) in a stray dog near...
Cattle Market Price Watch: December 2016

Cattle Market Price Watch: December 2016

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...