Canfax’s Post

Cattle Producers Forum Focuses on Solving Issues by Finding Common Ground https://loom.ly/XGZ3UvY

During the first 9 weeks of lactation a cow has a calcium deficit of 10 g/day. Learn how you can help your cattle overcome the calcium gap: https://lnkd.in/eT_usgkN #dsm

Did you know? Canfax is funded by memberships. Producer memberships are available for all sizes of farms and ranches. Included with every membership is our Weekly Market Outlook and Analysis report, including feeder and fed cattle prices, projected prices, and commentary. Subscribe now at: https://lnkd.in/guDJipgw  #cattlemarkets #CanfaxMarket

With higher prices comes increased volatility! Awareness of breakevens is essential. Canfax has a breakeven calculator for both backgrounding and fed cattle. Fill in the required information and results are provided in seconds! Click here: https://lnkd.in/giChfXiA #cattlemarkets #CanfaxMarket

Cattle market fundamentals have cattle feeders betting on the come, again. This bull run that we have had for 4.5 years is leaving hedgers buying higher breakevens than the futures support. High breakevens in 2025 will probably result in a disappointing year cash to cash. April 2025 marks 5 years since an event has caused a big sell off. April 2020 "covid" cash bids were at 92 rather than 192. As an industry our breakevens are running either side of 192 in 2025. If you purchased some 182 B/E there are others at 202 B/E. In summary, betting on selling cash cattle at a profitable average looks bleak in 2025. Gamblers beware, the market loves to find a crisis!

It was another strong week across the cattle markets but for the most part, we continue consolidating up here in the upper end of the recent trading range. Today’s COF report will likely influence Monday’s trade as the placements number was a bearish miss. December live cattle traded to their highest level since July 5th before closing slightly off the highs. Check out more of our latest cattle report here: https://hubs.li/Q02VV_cy0

In this episode of Market Journal, Mike Briggs of Briggs Feed Yard shares his expert predictions on the cattle market as we head into the end of 2024. From herd rebuilding delays to feed costs and seasonal price drops, Mike offers a comprehensive view of the challenges facing cattle producers. He also discusses the impact of lower feed prices on profit margins and what to expect for live and feeder cattle prices in the coming months. https://lnkd.in/gR6Tpb7W

How we fight input costs for grains/energy and cattle futures catching up to the index #Grains #Corn #Wheat #Soybeans #Energy #CrudeOil #Cattle #LiveCattle #FeederCattle

It was another week of firmer trade across the cattle markets as cash was steady to slightly firmer. It was for the most part an uneventful week of trading as the markets spent a lot of time consolidating here near the highs after the recent rally. The AgMarket.Net® Cattle Report is here: https://hubs.li/Q02T7lFr0

It was a volatile, choppy week of trade across the cattle markets before we had an aggressive day of selling to end the week. The AgMarket.Net® Cattle Report is here: https://hubs.li/Q02XCmmB0