A-FAN works to expand Nebraska’s livestock industry

When you think about the livestock industry in Nebraska, the beef industry is probably the first thing that comes to mind. But Willow Holoubek, executive director of the A-FAN, says there’s plenty of opportunity to expand other livestock sectors as well. “Beef is our foundation,” Holoubek says, “but the pork, dairy and poultry industries all… Read more »

Cattle futures close lower

Futures Markets copy

Feedlot country is typically quiet with packers completing the collection of the new showlists. The new offering appears to be generally larger than last week. Some ready steers and heifers have been priced around 175.00 plus in the South and 272.00 to 274.00 in the North. Both sides would like to complete business by Wednesday… Read more »

Closing Grain and Livestock Futures: November 24, 2014

Futures Markets copy

Dec. corn closed at $3.67 and 1/2, down 5 and 1/4 cents Jan. soybeans closed at $10.33 and 3/4, down 5 and 1/4 cents Dec. soybean meal closed at $374.90, down $3.50 Dec. soybean oil closed at 33.20, up 51 points Dec. wheat closed at $5.42 and 1/4, down 5 cents Dec. live cattle closed at $169.50, down $1.40 Dec. lean hogs closed at $91.32, up 67 cents Jan. crude… Read more »

Monday midday cash livestock markets

Futures Markets copy

The main item of business in cattle country on Monday is the distribution of the new showlists. On Friday USDA Mandatory reported cattle trading was light on Moderate demand in Kansas with live sales at 173.00. Trading in the Northern Plains and Iowa was moderate on very good demand with live sales in Nebraska from… Read more »

Cattle placements down 1% on year

  If there was any surprise in this latest set of cattle on feed numbers, one market analyst tells Brownfield it was in the placement category. According to Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel, placements during October came in a little bit higher than what the trade was expecting, which did have… Read more »

Cattle trade at higher prices

Futures Markets copy

DTN reported a light cattle trade was evident in several areas on Friday afternoon. Dressed sales in the North were mostly 267.00, $2.00 to 3.00 higher than last week. A few deals were evident in Texas at 172.00, $4.00 higher than last week’s test. Many showlists continued to be priced on a firm basis, 174.00… Read more »

Closing Grain and Livestock Futures: November 21, 2014

Futures Markets copy

Dec. corn closed at $3.72 and 3/4, down 1/2 cent Jan. soybeans closed at $10.39, up 18 and 1/2 cents Dec. soybean meal closed at $378.40, up $7.60 Dec. soybean oil closed at 32.69, up 2 points Dec. wheat closed at $5.47 and 1/4, unchanged Dec. live cattle closed at $170.90, up 65 cents Dec. lean hogs closed at $90.65, down 12 cents Jan. crude oil closed at $76.51, up 66 cents… Read more »

Red meat, poultry cold storage numbers decline

  USDA’s monthly cold storage report shows smaller supplies of red meat on solid demand and a lower monthly slaughter rate. As of October 31, 2014, red meat in cold storage came out at 941.849 million pounds, down 9% from October 31, 2013. Beef was reported at 374.868 million pounds, a 15% year to year… Read more »

Friday midday cash livestock prices

Futures Markets copy

Cattle country is slow to start on Friday with just a few bids on the table according to private sources at 168.00 in Kansas and 263.00 dressed in Nebraska. Packer inquiry is expected to improve over the next several hours, but it is possible significant trade volume will be delayed until after the cattle on… Read more »

Wisconsin farmer to lead U.S.F.R.A.

Nancy Kavazanjian of Beaver Dam, Wisconsin has been elected chair of the U.S. Farmers and Ranchers Alliance.  USFRA consists of more than 80 farmer and rancher-led organizations working to build consumer trust in the way American agriculture produces food. In just a little more than three years in existence, the group has developed some valuable… Read more »