January typically brings cold weather, but it can also bring complications to the cattle market.
One trader says it is his least favorite month to trade but says the coming months could be ideal for producers.
“I see a lot of confidence, especially in this cash feeder market. I mean, these prices, there was about a five or six-week stretch that they just went straight up. I feel like we saw, maybe, some heifers getting held back earlier in this Fall, and then, as we’ve just climbed fast, it’s getting tougher to tougher to think, ‘Are we going to be able to rebuild this cowherd or not just with the sheer cost that it is?’ I mean, it’s like $2,000 heifer calf, and it’s going to cost, you know, my cowboy math says about $1,000 per year on that animal,” said Scott Varilek.
The January Cattle on Feed Report comes out later this month, which will give a better idea of the cattle herd.
RanchHER Sarah Kieckhefer joined the Market Day Report on Tuesday morning to discuss the new episode of the show featuring her, which premieres tonight only on RFD-TV.
October 29, 2024 11:06 AM
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Let’s meet Maggie McDonald of the Magnolia FFA Chapter in Arkansas, one of the National FFA Organization’s American Star Award finalists with a placement in Agribusiness.
October 25, 2024 01:29 PM
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Premieres Tue, 10/29/24 – 9 PM ET | 8 PM CT | 7 PM MT | 6 PM PT
October 23, 2024 03:07 PM
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Proud Cajun RanchHER Julie Trahan runs West Hackberry Cattle Company with her husband, Mark, deep in Louisiana’s coastal marshes.
October 21, 2024 04:23 PM
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The German company Constellr is part of the John Deere Start-Up Collaborator Program in 2024. It plans to launch a geothermal satellite next year that will give farmers and ranchers better tools to monitor surface temperature from space.
October 21, 2024 11:51 AM
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October 18, 2024 12:07 PM
