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Industry Headlines

Industry Headlines

Hay prices by state: California down $72 from last year

Hay prices in the United States were at $162.00 in June 2015, down $35 from the previous year.

Hay prices in June 2015 were down $80 in Arizona from a year ago.

Hay prices in June 2015 were down $72 in California from a year ago.

Industry Headlines

Cattle weights up 4 pounds this week

Cattle weights were up 4 pounds this week to 1,342.

The average weight for cattle in 2015 is 1,350 pounds.

The highest weight for cattle in 2015 was 1,368 pounds.

 

Industry Headlines

U.S. produces 890.7 million pounds of meat this week

The United States produced 890.7 million pounds of beef this week. 

The average weekly meat production in 2015 is 904.8 million pounds.

The most meat the U.S. has produced in one week in 2015 is 977.4 million pounds.

Industry Headlines

Monthly corn prices under $4 for 11 straight months

Corn prices in June 2015 were at $3.58/bushel, down 4 cents from the month prior.  June corn prices were down 91 cents from the prior year.

The average corn price in 2014 was $4.08/bushel, down $2.07/bushel from 2013.

April and May corn prices were the highest of 2014 at $4.71/bushel.

The highest monthly corn price in history was in August 2012 at $7.63/bushel.

Industry Headlines

Hay prices down $35 from last year

June 2015 hay prices were at $162.00/ton, down $13 from the previous month.   May hay prices were the highest of the year.

Hay prices in 2014 averaged $177.92/ton, down from $182.83 in 2013.

Hay prices reached $202.00/ton in May 2014, the highest on record.

Industry Headlines

Calf prices up $4 from last month

June 2015 calf prices were at $292/cwt., up $4 from last month.  June 2015 calf prices were $43 higher from the year before.

The highest monthly calf price in history was $307/cwt. in October 2014.

The highest monthly calf price in 2013 was in September at $200/cwt. 

Industry Headlines

Cattle Prices By Month: 2010 - 2015

June 2015 cattle prices were at $156, down $5 from the month before.   June 2015 cattle prices were up $8 from the same time last year.

Cattle prices reached $169 in November 2014, the highest in history.

Cattle prices in 2014 averaged $28 higher than 2013.

Industry Headlines

World Cattle Inventory: Ranking of countries (FAO)

According to the FAO, the world has 1.468 billion head of cattle.  Brazil has the largest cattle inventory in the world followed by India and China.

More than 100 countries (104) have a cattle inventory in excess of 1 million head. 

The United States has the 4th largest cattle inventory in the world, behind China and a head of Ethiopia.

Industry Headlines

Livestock Comments: Summer Months Have Resulted In Lower Prices

FED CATTLE:  Fed cattle traded steady on a live basis compared to a week ago. Live prices were mainly $144 to $146 while dressed trade was mainly $231 to $233. The 5-area weighted average prices thru Thursday were $145.22 live, down $0.18 from last week and $229.22 dressed, down $2.81 from a week ago. A year ago prices were $162.97 live and $258.14 dressed. The big question is if the summer lows are now in or if the market is just taking a breather before dipping lower.

Industry Headlines

Trading at Settlement for Agricultural Futures: Results from the First Month

TAS (trading at settlement) became available for the major agricultural futures contracts on June 15, 2015.   Eligible commodities include corn, soybeans, Chicago wheat, Kansas City wheat, soybean oil, soybean meal, live cattle, feeder cattle, and lean hogs.
 

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