
Articles
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2 months ago |
farmprogress.com | David Anderson |Derrell S. Peel
*This is the tenth article in our 2025 Southwest Economic Outlook series. Oklahoma State University and OSU Extension Service, and Texas A&M University and TAMU AgriLife Extension Service economists weigh in on the 2025 outlook. A digital copy of the Economic Outlook Issue is also available online. The past year began with low prices, continuing the financial problems for dairy farmers from 2023. But price recovery by mid-year spurred profits and milking herd growth.
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Jan 23, 2025 |
farmprogress.com | Derrell S. Peel |David Anderson
*This is the sixth article in our 2025 Southwest Economic Outlook series. Oklahoma State University and OSU Extension Service, and Texas A&M University and TAMU AgriLife Extension Service economists weigh in on the 2025 outlook. A digital copy of the Economic Outlook Issue is also available online. Cattle prices continued to advance in 2024, with feeder and fed cattle prices strengthening in the year's final weeks. On Jan. 1, 2024, the U.S. had the smallest cattle industry in decades.
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Dec 5, 2024 |
farmprogress.com | David Anderson
Calf and feeder cattle prices have jumped higher over the last few weeks. Several factors are working together to boost prices including rain, fewer calves for sale, and maybe even the impact of import restrictions on Mexican cattle due to screwworm regulations. Calf marketLighter weight, 400-500 pound, calf prices have jumped about $30 per cwt in the Southern Plains over the last month.
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Jul 5, 2024 |
farmprogress.com | David Anderson
The fed cattle market hit some new record highs last week with fed steers pushing $200 per cwt in Northern Plains markets. The weekly average fed steer price for the week ending June 30th was $198.09 per cwt (hundredweight). This price represented a negotiated, live, weighted average price across quality grades. Last week, the comparable price in the Texas-Oklahoma market was lower at $190.19 per cwt.
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Jun 4, 2024 |
farmprogress.com | David Anderson
USDA released their May cattle on feed report on Friday, May 24th. For the first time in eight months the total number of cattle on feed declined below last year’s level. The 11.5 million cattle on feed were the fewest since September 2023. The number of cattle in feedlots has been pumped up by placing more heifers, some pulling of feeder cattle ahead, and a few more cattle from Mexico compared to the year before.
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