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USDA ended last week with the monthly Cattle on Feed Report showing slightly higher inventories on February 1. Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million. The inventory was slightly above 2023, with placements in feedlots at 1.79 […]
Analyst Jim Wyckoff shares protein news from around the world
The USDA released its December Cattle on Feed report last Friday. As numbers appear to continue tightening, as cattle feedlot placements finally are dropping down below last year, producers may see a bright spot with the potential for bigger checks in 2024. USDA’s Gary Crawford shares more.
By Paulo Trevisani -- Wheat for March delivery fell 2% to $6.10 a bushel on the Chicago Board of Trade on Wednesday amid reports of warm weather supporting winter crops in Russia. -- Corn...
After an impressively bullish first half of the year, market prices for beef cattle have fallen in recent months, owing in part to reports reflecting an increased supply.