A strong cattle market depends on many factors, all of which play a role in ensuring producers’ long-term success. While beef demand in the United States is the highest it has been in the last 40 years, and retail prices have risen 4.6 per cent annually over the last 25 years, producers still face a… Read More
Tag: CattleFax
We’ve got some supply issues in the cow/calf sector, and we need to rebuild the U.S. cow herd. This is the message that Kevin Good, vice president of CattleFax, is sharing this week at the National Cattlemen’s Beef Association Conference (NCBA) at New Orleans, Louisiana. After four years of massive liquidation across parts of North… Read More
Feed costs are one of the variables that cattle feeders have to keep a close eye on, no matter the year. Early indications for this year, at least, look to be feeder-friendly. The 2019 corn crop faced very adverse conditions and still came out with a respectable yield. United States Department of Agriculture and many… Read More
One of the highlights of the National Cattlemen’s Beef Association (NCBA) meeting every year are the Cattlefax market outlook presentations. Cattlefax certainly drove home the facts surrounding trade and how important it is for all U.S. agriculture at the cattle industry convention in Phoenix last week. Several Canadian attendees told us U.S. producers are optimistic… Read More
One of the highlights of every NCBA Trade Show and Convention is the release of the Cattlefax report. Cattlemen and women from across North America gather on the Thursday morning to hear the full-hour presentation by the Cattlefax team. Shaun was able to catch up with market analyst Kevin Good on the trade show floor… Read More
It would seem that American and Canadian cattle producers have a little hop in their step and a little more jingle in their pockets. Cattle prices are high and feed costs continue to shrink. Shaun Haney caught up with CattleFax analyst Duane Lenz at the CanFax Market Forum in Calgary to discuss the American cattle… Read More
The optimism cattle producers started off 2012 with has become a little less broad and a little more cautious as 2012 starts to wind down. High commodity prices, a brutal US drought and high replacement costs among other factors have really dampened the high enthusiasm seen at the beginning of the year. It was February… Read More
The North American cattle market has been very strong this spring. Without a doubt producers in the U.S. and Canada are nervously waiting to see where the market will go following the peak. Feed grain production, especially corn will have a major influence on the feeder side. The other player continues to be the weather,… Read More
This years NCBA conference saw a more positive outlook from producers and industry members than there has been for a while. That outlook comes with some qualifiers as well as some questions that have to be answered as we look ahead to the rest of 2012. I spoke to Duane Lenz of CattleFax about the… Read More
One of the highlights of the the NCBA convention every year is the cattle market outlook by CattleFax. As everyone left the session on Friday the consensus of the attendees was, “CattleFax is very bullish.” At the NCBA 2011 convention I had the opportunity to discuss the cattle market with Duane Lenz of CattleFax. Duane… Read More