Cattle and Beef Outlook According to USDA, the average dressed weights of slaughtered cattle for both steers and heifers increased in September versus August but were lighter than September 2016. The average dressed weight for a steer was 896 pounds, up 12 pounds from August and down 9 pounds from a year prior, and that for a heifer was 819 pounds, 13 pounds heavier than August and 5 pounds lighter than a year ago.
Weights are down from last year despite feed remaining cheap. Strong domestic and export demand led to both aggressive buying from packers and marketing by feeders.
Pasture conditions have also played a role. Over the summer, wildfires moved some cattle to feedlots early. Meanwhile, improved winter pasture condit...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
