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Farms.com Home  › News

Unprecedented Four-Week Run in Fed Cattle Prices Linked to Solid Export Demand, Strong Markets

Unprecedented Four-Week Run in Fed Cattle Prices Linked to Solid Export Demand, Strong Markets
 
According to Jim Robb, executive director of the Livestock Marketing Information Center, the four-week run-up in slaughter cattle markets and higher wholesale boxed beef trade has been unprecedented. He told Radio Oklahoma Ag Network Farm Director Ron Hays it is because certain factors in the marketplace have converged into the perfect storm, so to speak, that has spurred the dramatic leap in prices. He says in particular, strength in the export market has had a lot to do with it.
 
“This has been the best March that we’ve had since 2011 in terms of US beef export tonnage,” he said, noting that USDA has reported a 25 percent increase. “That export market is clearly part of the reason that packers have had to chase cattle supplies.”
 
And it’s not because of winter weather that producers have seen lower carcass weights being pushed through either. In reality, it has been the because of the aggressive marketing that has been done since last fall.
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Trending Video

Case IH Farmall Super 120M Explained — Power, Comfort & Capability

Video: Case IH Farmall Super 120M Explained — Power, Comfort & Capability

Case IH brings back an icon with the Farmall Super 120M, a premium utility tractor that blends classic Farmall heritage with modern performance and technology.

In this video, Brian Williams, Livestock Product Specialist for Case IH, walks through the standout features that make the Super 120M a powerful and versatile option for livestock operations, loader work, and daily farm tasks.

Key Features of the Farmall Super 120M:

— ActiveDrive 16x16 transmission

— 3.6L diesel engine

— And more!

Available in 110 and 120 Super M horsepower, this tractor represents the top tier of the Farmall lineup—combining durability, comfort, and performance with nearly a century of Farmall legacy dating back to 1923.

 
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