U.S. Cattle on Feed Down 3%
USDA Jan. 20 report reveals lower placements, lower inventories.
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.7 million head Jan. 1, 2023. Down 312,000 head, the inventory was 3% below Jan. 1, 2022. The inventory included 7.03 million steers and steer calves, down 4% from the previous year. This group accounted for 60% of the total inventory. Heifers and heifer calves accounted for 4.65 million head, down 1% from 2022.
The Link
Accepting the challenge.
Today’s marketplace is rapidly changing and evolving. What was once considered to be exceptional is now just average. Competition is fierce and growing. The only thing we can say with absolute certainty is what was once considered adequate will be barely sufficient in the future. Success is determined by our ability to adapt, our ability to differentiate ourselves from others and our willingness to change.
FAPC Predicts Food Trends on the Menu for 2023
Whether an innovative cooking method or a convenient way to enjoy bread and butter, upcoming food trends can be hard to predict.
Avocado oil and butter boards are on the menu for 2023, as the Oklahoma State University Robert M. Kerr Food and Agricultural Products Center highlights popular food trends for the upcoming year. Check out the top 10 trends for 2023, according to FAPC.
January 11, 2023 | Vol. 15 : No. 1-A
American Angus Association Partners With IMI Global
Strategic collaboration drives profitability for independent cattle producers.
For today’s cattle producers, it is more important than ever to be able to differentiate your cattle in the marketplace. Two of the leading third-party verification providers — IMI Global and the American Angus Association’s AngusLinkSM program — have joined forces to create an improved experience for those cattle producers, while offering more value-added opportunities.
Market Closeout
To reach top dollar, make sure your marketing objectives include these seven keys.
Establishing a breeding program requires a systematic approach. Similarly, a marketing program requires the same level of dedication, commitment and discipline. It sounds simple, but it can be difficult to chart a course if you do not know where you are going.
In the Cattle Markets
Strong counter-seasonal market.
The last several weeks of 2022 and the first week of 2023 saw two substantial storms — delaying holiday travel, yes, but also putting substantial moisture in the Mountain West, some in the Southern Plains, and more in the Northern Plains and upper Midwest. It will be some months before the moisture is needed, but the availability is good news for the drought-stricken cattle and forage markets.
