Cattle futures have come to life yet again.
A recent price recovery in both live cattle and lean hog futures contracts is offering an opportunity for producers to lock in better prices than existed just a few weeks ago.
Today's Cattle on Feed report is a bearish surprise. USDA’s monthly survey of feedlots found 2.6% more placements in August against the trade expectation of a 2.1% decline.
Most farmers will tell you that it’s always better to build a big farm shop. These Iowa farmers built a large building with a lot of versatility.
Tom Ogle, of Grinnell, Iowa regularly uses this Ford 6000 on his farm, and has decided to keep it
Photographs can change the way we see ourselves and the way others see us.
On Friday, the USDA said that there were 11.812 million head of cattle on feed as of April 1st, up 8.6% from a year ago and more than expected.
Friday's USDA's monthly
inventory of cattle in the nation's largest feedlots is expected to show a
record-high April 1 cattle-on-feed figure for the current data series going
back to 1996, which would be the fourth straight monthly record.
Today the April contract is expiring, why do some of the forward contracts switch right to pricing off of the June contract?
Because of increasing supply and estimated higher feed costs, U.S. hog producers could see a 26-month run of profitability vanish, one livestock analyst told Agriculture Online on Monday.
The U.S. Department of Agriculture's upcoming quarterly
hog report will continue to show only slight herd expansion during the first
quarter of 2006, according to industry sources.
With big placements in feedyards, heavy winter weight gains, and no apparent trade border openings with Japan or South Korea, industry experts see a long summer ahead for the cattle market.