Sponsored By

Grilling Season Plays An Important Role In Cattle MarketsGrilling Season Plays An Important Role In Cattle Markets

Just how much beef Americans demand could shift cattle markets by the end of the summer.

June 30, 2013

1 Min Read
Grilling Season Plays An Important Role In Cattle Markets

Though they've been focused on separate driving factors, beef demand and fed cattle markets will come together this summer on consumers' preferences for meat.

"Fed cattle markets are groping for a summer bottom amidst seasonally large slaughter and beef production," says Derrell Peel, Oklahoma State University Cooperative Extension livestock marketing specialist. "Meanwhile, feeder markets appear to have found a bottom after being on the defensive since February."

Feeder cattle have been looking at new crop corn prospects for several weeks now, following the drought-driven price spikes from 2012. Feedlots have also taken advantage of lower feeder prices, ensuring suitable placements in the spring.

But feeder markets have been strengthening recently based on better demand, and Peel says the higher prices are expected into the fall, offsetting better feed prices.

"Strong feedlot placements the past three months have utilized the slightly larger feeder supplies indicated on Jan. 1, plus some of the heifers intended as replacements this year," he says. But "feeder supplies are expected to tighten considerably in the second half of the year, with reduced feeder cattle imports and a smaller 2013 calf crop."

To read the entire article, click here.


You Might Also Like:

15 Questions To Consider Before Buying Farmland

New Beef, Pork Names Dont Do Us Any Special Favors

10 Favorite Spring Calving Photos

Picture Perfect Summer Grazing Scenes From Readers

Texas Ranch Offers Wounded Veterans A Chance To Heal


Subscribe to Our Newsletters
BEEF Magazine is the source for beef production, management and market news.

You May Also Like