Money Safe’s Post

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

The movement in the stock market has undoubtedly influenced the cattle market, adding some volatility. There is potential for the cash cattle market to firm up, especially if demand remains steady or improves. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek looks at the roller coaster ride of this week's trade. The question of whether shortened processing capacity in the East will pull more cattle from Iowa and Nebraska is a valid one. If Eastern plants reduce operations, we could see more demand shift to the Midwest, potentially increasing cattle movement from states like Iowa and Nebraska to meet that need. This could support cash prices in those regions as processors look to maintain supply chains.

This file contains the monthly total number of cattle and calves on feed, placements, marketings, and other disappearances; by class and feedlot capacity for selected states; number of feedlots and fed cattle marketings by size groups for selected states. Data is organized by state and by U.S.

The cattle markets have wasted zero time starting the new trading month with volatility in both directions. The AgMarket.Net® Cattle Report is here: https://hubs.li/Q02-fXHK0

The cattle market has been holding steady this week, with rains across the Plains sparking optimism for improved pasture conditions. On this week's *Cattle Call*, Brad Kooima with KKV Trading highlights several factors at play:  - **Boxed Beef Trends**: There has been a higher grind in boxed beef, signaling demand strength in the beef sector, which could help support prices.   - **Feeder Cattle Charts**: Chart trends for feeder cattle show potential resilience, but movement remains cautious as traders await further signals.   - **Cattle Movement**: Speed of cattle movement through the market is an essential factor, with steady supplies helping stabilize the market.  The key question remains whether the market can build on recent momentum, as traders look to balance supply factors with improving pasture conditions and broader market dynamics.

Understanding Cattle Trading: Monthly Trends & Insights Discover how monthly trends influence cattle trading, revealing key insights behind price variations and seasonal shifts. We explore why January discounts hit cattle feeders hard, considering factors like weather risks and trading strategies. Join us for valuable expertise in the cattle market! #CattleTrading #MarketTrends #CommodityInsights #TradingStrategies #BeefIndustry #AgricultureEconomics #SeasonalTrading #CattleMarket #PriceVariations #WeatherImpact

This recent posting on my website, KevinGrier.com, outlines the performance of beef demand and how consumer demand is connected to cattle prices. This attached was drawn from my bi-weekly report, Canadian Cattle Market Report. If you are interested in a free three month trial to that report send me an email, kevin@kevingrier.com

Producers and packers know carcass consistency and uniformity is king. Supply-chain data continues to show ProfitSOURCE cattle are just that, consistent. Follow the link to review the most recent data on ProfitSOURCE-sired beef on dairy and learn how these cattle are meeting and exceeding market goals: https://lnkd.in/gu2cYQh5

Weekly Market Wrap-Up: Boxed Beef Prices Propel Cattle Futures Higher This week, soaring boxed beef prices ahead of Memorial Day demand pushed cattle futures triple digits higher. ⠀ #CattleMarket #Agribusiness #MarketTrends #BoxedBeef

The Dallas Fed released Q2 figures for their ag bank survey this week. The feeder cattle loan index registered above 0 for the second consecutive month (meaning more ag banks are reporting increases in feeder cattle loans than decreases). Historically, this has been a decent leading indicator of retention activity even though the survey just covers the state of Texas (Texas ranks as the #1 cattle inventory state in the US). What's y'alls take on retention this year? Read ours in our latest white paper addressing herd and flock trends in the US.