Livestock Economics


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Livestock Economics

BUDGETS: cow calf, backgrounding, summer grazing

LMIC: Analysis and Comments, In the Cattle Market, Livestock Monitor

MARKET REPORTS: area market reports

PRESENTATIONS: meeting presentations

LEASE PUBLICATIONS - farm and ranch

Chart of the Month

Chart of Month 12-18

Record beef production in 2018 has been a headwind for retail and wholesale beef prices and fed cattle prices. However, strong domestic and export beef demand has supported beef and fed cattle prices which recently have been higher than last year. Fourth quarter prices have been especially strong given increased beef and competing meat production. One factor supporting robust Holiday beef demand has been the rather sharp decline in gasoline prices in October and November. Other factors buoying beef and cattle prices are declining unemployment rates, the income tax cut, and record beef exports in spite of ongoing trade issues with our top four beef customers.

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