Cattle producers are coming off a year of record high prices in 2023. But with an even smaller herd in 2024 and the smallest in 73 years, will cattle prices hit new highs again in 2024? CattleFax, ...
The cattle market moves in cycles, usually lasting nine to 10 years. The current cycle is already in its 12 th year, including its seventh year of contraction, the longest since the 1990-2004 cycle.
Between Oct. 18 and Oct. 23, six days after a bearish Cattle on Feed report, the January Feeder Cattle (Figure 1) contract fell 6.5%, from $252.86/cwt to $236.41/cwt, while December live cattle fell 4 ...
Cattle futures started the week strong, rallying to all-time high prices in the Live Cattle market and taking out previous highs in the Feeder Market but unable to make new all-time highs. The rally ...
SIOUX CITY, Iowa (KCAU) — Cattle prices have hit an all-time high, with some local ranchers getting roughly $3,000 for a 600-700 pound cow. This comes as grocery stores see consumers preferring beef ...
The latest available CPI data shows the beef and veal category is up 14.7% while overall food is up 3.1%. The start of 2025 saw the lowest cattle numbers in the U.S. since 1951. Severe drought over ...
The number of cattle on feed around the country declined by 1%, according to the U.S. Department of Agriculture’s National Agricultural Statistics Service report issued in late January. The report on ...