In contrast, beef exports increased 31 percent. In early July, weekly fed cattle prices and beef cutout values had moved counter-cyclically higher to levels not seen since October 2003, while first-half beef supplies were near-record.īeef/Cattle Trade: Beef imports fell 21 percent according to official trade numbers updated with figures from the first half of the year. It does not store any personal data.Cattle: Daily live cow prices in July remain at relatively high levels despite heavy commercial cow slaughter that continues to be supported by dry conditions, high supplemental feed costs, and imported cows from Canada. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category 'Performance'. This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category 'Other. The cookies is used to store the user consent for the cookies in the category 'Necessary'. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category 'Functional'. The cookie is used to store the user consent for the cookies in the category 'Analytics'. These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Francisco Espárrago, the president of Señorio de Montanera, a top ham producer, warned if the trees do not survive, there won’t be anywhere for cattle to graze, either. The lack of rainfall is making it difficult for holm oaks, which produce the acorns, to survive the hot, dry summers. The ham retails for more than $50 a pound and comes from blackfoot pigs. Ham impacted: Rising temperatures and limited rainfall in Spain have given rise to a shortage of dehesa acorns – a valuable feed item for pigs in the region – threatening what is touted as the finest ham in the world, The Guardian reported. That flow is nearly halved, currently averaging 12.5 million acre-feet a year. The compact was developed a century ago when the river provided 20 million acre-feet of water annually. 31 deadline for a collaborative agreement, but California refused to sign, saying the state had made enough cuts in its water usage amid the worst drought in southwestern North America in 1,200 years. Nevada, Arizona, Colorado, New Mexico, Utah and Wyoming sent an agreement to the U.S. Future enhancements are to include information on the number of head of cattle moving through current contracts, including breeds and quality.Ĭolorado River: California’s refusal to sign a seven-state Colorado River compact has prompted four Arizona and Nevada lawmakers to seek help from the Biden administration to force Sacramento to agree to water allotment cuts, KLAS of Las Vegas, reported.

The initial phase provides the ability to browse terms and information in active contracts as well as information on such things as base price determination. Agriculture Secretary Tom Vilsack said the Cattle Contracts Library will level the playing field for producers, providing transparency that has been sorely lacking. Good noted Americans ate more beef last year than they’ve eaten in a decade, an average of 58 pounds a person, despite retail prices averaging $7.35 a pound.Ĭattle sales: The USDA unveiled a public database tracking private cattle sales to give producers more leverage with meatpacking companies. Good quality bred cows could range from $1,900 to $2,300. Calves weighing 550 pounds are expected to average $225, up $29, while cull cows could rise $20 to $100. Slaughter numbers are expected to be down this year, pressuring prices.įed cattle prices are expected to range from $150 to $172 per hundredweight, averaging $158 for the year, up $14 from last year. Half the nation’s cows are in drought areas, economist Kevin Good of Cattle Fax told the gathering. 2) that the prediction was made at the 2023 Cattle Industry Convention in New Orleans. A Cattle Fax economist predicted record prices this year due to drought and the pandemic, which forced producers to thin herds.

Feeder cattle prices per pound