3+ day, 9+ hour ago   (132+ words) Hales Trading Co., based in Amarillo, Texas, is a commodity trading advisory firm specializing in cattle market analysis and futures trading strategies. Led by industry veteran David L. Hales, the firm publishes the widely followed Hales Cattle Letter, a daily report…...

3+ day, 13+ hour ago   (129+ words) Beef packers saw margins improve last week, while feedlot margins deteriorated further as the two sectors’ fortunes have flipped in recent weeks. According to Sterling’s Beef Profit Tracker, the estimated beef packer margin last week averaged $169.22 per head, increasing from…...

1+ week, 6+ hour ago   (377+ words) In today’s first chart on the left, we show the actual weekly steer and heifer (fed cattle) slaughter. As one can easily see, fed cattle slaughter has been below last year every week this year. In fact, average weekly steer…...

1+ week, 5+ day ago   (131+ words) Hales Trading Co., based in Amarillo, Texas, is a commodity trading advisory firm specializing in cattle market analysis and futures trading strategies. Led by industry veteran David L. Hales, the firm publishes the widely followed Hales Cattle Letter, a daily report…...

2+ week, 4+ day ago   (528+ words) Meatingplace Daily Livestock Report: Canadian Hog Herd Expands as US Inventory Contracts Sponsored in part by CME Group The latest Canadian hog inventory survey shows that, unlike their U.S. counterparts, Canadian hog producers have slowly started to rebuild the sow herd....

2+ week, 5+ day ago   (286+ words) Recently, President Trump made an announcement about allowing 300,000 metric tons of beef into the U.S. in order to bring down the price of beef at the retail level. He said there was a commitment that the beef would be sold 25% below…...

2+ week, 6+ day ago   (341+ words) Today’s cattle slaughter estimate was 98,000 head compared to 97,000 head last Monday. With week-to-date slaughter now 1,000 head above last week, slaughter is on track to reach 524,000 head this week. Estimates for this week’s slaughter remain in the 520,000–530,000 head range. This week’s…...

3+ week, 5+ hour ago   (413+ words) U.S. cattle inventories in large feedlots increased from a year earlier even as July placements and marketings fell to record lows for the month, underscoring continued tightness in the nation’s cattle supply. Cattle and calves on feed for slaughter in feedlots…...

3+ week, 2+ day ago   (358+ words) Meatingplace Daily Livestock Report: How Much Further Can Calf Prices Fall? Sponsored in part by CME Group Nebraska’s steer calf price was $427 per cwt, $16.74 per cwt (-4%) below last year’s level at this time. Since the high of $528.35 per cwt in…...

3+ week, 3+ day ago   (424+ words) Meatingplace Daily Livestock Report: Why the Cattle Herd May Have to Wait Sponsored in part by CME Group Range and pasture conditions have continued to deteriorate in the first half of August. Across the U.S., range and pasture rated poor and…...