Beef Magazine is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Tight Supplies Drive Predictions For Even Stronger Beef Prices

Hog and broiler production is sneaking up, threatening to steal beef's thunder.

Cattle supplies remain squeaky-tight and will continue that way.

September feedlot placements showed a larger-than-normal seasonal uptick from August. On-feed placements showed the first year-on-year rise since February. Still, September's 2.007 million placements were 314,000 below the 2008-12 average for September.

Despite higher placements, the Oct. 1 feedlot inventory was down 1.5% from a year earlier. It was still 6.3% smaller than the 2009-2013 average. October marked the fifth time in the last five years that cattle on feed were the lowest for that calendar month.

Steve Meyer of Paragon Economics in Adel, IA, says marketing patterns could create some price pressure on fed cattle in late winter and early spring.

To read more about feedlot placements, click here.


You might also like:

5 Consultants Explore The Future Of The Cattle Business

How To Prevent Cow Prolapse

70 Photos Honor The Hardworking Cowboys On The Ranch

15 Best Winter On The Ranch Photos

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.