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News
Hales: Fed Cattle Prices Rebound as Supplies Tighten
18+ hour, 45+ min ago (450+ words) Jumping ahead to this week, estimated slaughter was 505,000 head, which was significantly larger than we expected. Even so, since the packer is operating with a positive margin, we suspected slaughter could easily be larger than the 475,000 estimate. Spot Choice cutout…...
Daily Livestock Report: Pork Exports Slide as Global Competition Intensifies
3+ day, 20+ hour ago (522+ words) meatingplace.com Daily Livestock Report: Pork Exports Slide as Global Competition Intensifies Sponsored in part by CME Group Pork exports decline from spring to summer, mirroring the decline in pork production and higher prices. However, the decline this year has…...
Wholesale Meat Mostly Down in August as Producer Inflation Reignites
3+ day, 22+ hour ago (192+ words) A renewed surge in energy costs pushed the Producer Price Index (PPI) higher in August, according to data released Thursday by the Bureau of Labor Statistics. Wholesale prices for finished meat products were mostly lower, while prices rose for slaughter…...
Beef Turnover: Tide Continues in Packer-Feedlot Margin Flip
3+ day, 22+ hour ago (129+ words) Beef packers saw margins improve last week, while feedlot margins deteriorated further as the two sectors’ fortunes have flipped in recent weeks. According to Sterling’s Beef Profit Tracker, the estimated beef packer margin last week averaged $169.22 per head, increasing from…...
A New Way for Meat: 'Freljest"
4+ day, 2+ hour ago (466+ words) “Freljest” is my coined word made up of the first two letters of the names of business thought leaders Frederick Smith, Elon Musk, Jeff Bezos and Steve Jobs. IMHO, these are four of the most prolific, domineering, influential, creative, competitive…...
Hales: Cash Cattle Could Pull Futures Back Higher
4+ day, 18+ hour ago (792+ words) Hales Trading Co., based in Amarillo, Texas, is a commodity trading advisory firm specializing in cattle market analysis and futures trading strategies. Led by industry veteran David L. Hales, the firm publishes the widely followed Hales Cattle Letter, a daily report…...
Peel: Beef Imports and the Brazil Roller Coaster
4+ day, 22+ hour ago (674+ words) This article first appeared in the Cow/Calf Corner Newsletter and is republished with the author’s permission. Beef imports continue to be the subject of political attention that has resulted in a myriad of variable and inconsistent policies and actions....
Defending the Price Tag: How Land Stewardship Moves Beef from Commodity to Strategic Asset
5+ day, 2+ hour ago (483+ words) When prices are this steep, retail merchandisers and foodservice buyers scrutinize every cent. If you walk into a review selling beef as a pure commodity, high prices turn your product into a target for category trimming. But when you arm…...
Trump Questions Survival of ‘Very Nasty’ Big Four Beef Packers
5+ day, 14+ hour ago (326+ words) President Donald Trump suggested that cattle processing by ranchers would be safer than in plants owned by the four largest beef packers, whom he accused of being monopolists. In an Oval Office signing surrounded by ranchers on Friday for a…...
Top US Competitor Takes $1.84 Billion Hit to Meat Export Industry
5+ day, 14+ hour ago (332+ words) Peter Thomas Ricci is the Managing Editor at Meatingplace magazine, where he brings over a decade of journalism experience to covering the American meat processing industry. His role encompasses writing feature articles, contributing to the publication’s twice-daily newsletter, and visiting…...