USDA released the monthly Cattle on Feed report today, which was mostly in line with pre-report expectations; only placements came outside of the consensus forecast. 10252024dj.jpg 50.4 KBSeptember marks the beginning of the fall run for cattle placements. Placements last month at 2.156 million head were 176,000 head more than August, and above the pre-report expectations, though still below September 2023. 10252024dj2.jpg 42.31 KBThe market is focused on signs of any move toward herd rebuilding from this report. The moves were subtle but leaning toward at least some expansion. Of the total inventory on feed, there were 7 million steers, which was 101 percent of last year, and 4.6 million heifers which was 99 percent of last year. Mark...
What You Need to Know Today: It was just one of those days where seemingly everything was in the red as part of a broader risk-off economic sentiment amid de-escalation headlines in the Middle East. Other key fundamentals were also bearish, including the resumption of Mexican cattle imports an...
Key Takeaways: U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026, though rising cost pressures and pullbacks in cattle prices increase risks. Drought remains a key concern for much of the cow-calf industry this year, with rising feed cos...
USDA announced on Friday the coordinated, phased reopening of southern U.S.-Mexico livestock ports starting 24 August 2026, after more than a year of closures due to the spread of New World screwworm (NWS). Douglas, Arizona, will be the first port of entry to resume cattle trade on 24 August. T...
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Accountability and a comprehensive approach to export programming
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