Archive for February 2020
Dividend Futures Imply Slow Growth in 2020s
To be clear, dividend futures don’t always price such weak growth. As recently as the fall of 2018, S&P 500® ADI futures priced much more robust growth over the coming…
Read MoreProfit Tracker: Packer/Feeder Margin Spread Widens
Cattle feeders and beef packers continue finding modest mid-winter profits. For the week ending Feb. 14, 2020, average feedyard closeout saw profits of $160 per head, up about $17 per…
Read MoreWorrying about Fake Meat is a Waste of Valuable Energy
As we often find out after the fact, energies dedicated to react and repel tactics tend to be wasted. Consumers will ultimately drive demand for any product. Therefore, energies focused…
Read MoreAngus VNR: Beef Implants Need Plans
Growing more pounds of beef efficiently makes sense for everybody from ranch to consumer, according to a longtime South Dakota feedyard nutritionist. “Implants are probably the longest running, most consistent…
Read MoreSecretary Perdue Joins Western Hemisphere Ag Ministers for Session at Agricultural Outlook Forum
(Washington, D.C, February 18, 2020) – The U.S. Department of Agriculture (USDA) today announced U.S. Secretary of Agriculture Sonny Perdue will host agricultural leaders from key Western Hemisphere countries at…
Read MoreCOOL, Packers To Clash In N.M. Court
America’s four largest beef packers are misleading consumers with their “Produced in the U.S.A.” labels, according to the claims in two class-action lawsuits filed in New Mexico. The suits allege…
Read MoreDerrell Peel: Carcass Weights Resume Uptrend
USDA’s latest weekly steer carcass weights were 897 pounds, down four pounds from the prior week but 12 pounds heavier than the same week a year ago. Heifer carcass weights…
Read MoreCash Market Stumbles Before Board Runs
Packers again were able to take advantage of weakness on the board to continue driving the price of live cattle lower. The South had a cash trade window of $118…
Read More2020 Pork and Beef Demand Looks Promising, Steiner Says
As experts expected, final calculations for 2019 demand indexes showed strong increases for both beef and pork, says agricultural economist Len Steiner in his Daily Livestock Report. The Livestock Marketing…
Read MoreDemand Impacting Cattle Markets Much More Than Supply
USDA’s Cattle Report shows the expansion stage is coming to an end. It would normally be good news for prices. However, there are more factors than basic supply and demand at…
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