Carcass weights will be fundamental in determining total beef production. The latest report shows carcass weights at 860# up 2# from prior week and 4# under last year. The report is published each Tuesday and includes the previous week’s change in carcass weights and quality grading. The Comprehensive Fed Cattle Weekly Report offers the most current information on the current status of fed cattle being harvested. Beef producers are able to measure the marketing price for their cattle compared to the national averages. The report summarizes the distributed price levels for each category of sale such as Negotiated/Formula/Forward Contracts. On Tuesday of each week, USDA releases a weighted average price report for all cattle sold the previous week. Prices opened lower but closed flat with Friday’s close.īenchmarking. The weather forecast is pointing to some decline in the extreme temperatures of this month.Ĭattle Futures. Box prices normally find a bottom for the summer following Labor day. The upcoming weeks will continue smaller slaughter levels leading up to Labor day. The summer heat wave is doing little to help beef demand. The slaughter reduction from last year is dramatic with this past week’s slaughter 47,000 head under last year. The slaughter this past week was 619,000 down 5,000 head from the previous week further impacting processing margins as cost/head to process moves higher in the nation’s beef plants. The spread between the worst pen in Kansas and the top sales in Nebraska could be $8 cwt., but for a proper comparison, the returns from all the grid and formula cattle need to be included. When considering all cattle sold in Kansas last week benchmarked against all cattle sold in Nebraska, the average price obtained by Kansas owners would not be $8 under Nebraska. The reality is cattle are moving from Kansas to Nebraska and Colorado at much narrower spreads that those found on USDA reports. Freight prices are high and there would be some loss of carcass yield but the numbers don’t fit. The notion that cattle in Kansas are worth $178 when their northern mates bring $186 is preposterous. Kansas is not without high quality cattle. Dressed sales were once again mainly at $294-5 with a few sales down to $292. Northern live sales were mainly $186-188 while southern sales were mainly at $179 with extremely light volumes in all areas. For last week most prices were steady to $1 lower. Asking prices will be higher in all areas as packers enter the week with short inventories. There will be a track event every day of the fair except July 20.The Monday show lists were down for Texas and Kansas and up for Nebraska. Track events, which are an additional $10, include tractor pulls, bull riding and demolition derbies. So, with family friendly fun in mind, here are the top 5 things to see at this year's Ag Expo & Fair, as suggested by the organizers. The fair will be held at the Washington County Agricultural Education Center on Sharpsburg near Boonsboro. with crafts, farm activities, face painting and more. The Kids Festival will be July 19 from 2 to 5 p.m. The fair will be accommodating fairgoers with sensory needs during this time by being quieter, calmer and less crowded than it is normally so people can see the animals and tour the fairgrounds. The Ag Expo is starting a new tradition this year with Sensory Friendly Day on July 21 from 10 a.m. “It’s important for people to know where their food comes from … agriculture plays a large part in our lives.” “Agriculture is one of Maryland’s biggest industries, and it clearly is in Washington ,” Spithaler said.
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