Jun 20, 2024
Cattle & Ranch Report June 20, 2024 Live Cattle: The spread today between front end and back leads me to believe the industry is wrapping up the end of the holiday seasons for the summer and preparing for the doldrums. Grocer and restaurant buying for the July 4th weekend is believed wrapping up as next…
Jun 12, 2024
Cattle & Ranch Report June 12, 2024 Live Cattle: Stagflation is painfully slow in declining, but it is. Nothing new today that I can see. Boxes continue to rise, opening further margin to packers and rationing beef to the consumer. I continue to see nothing to do in the live cattle market, as fewer do…
Jun 5, 2024
Cattle & Ranch Report June 5, 2024 Live Cattle: A slow start for a market with so much optimism. Futures traders appear apprehensive to push premium, or even narrow the positive basis to a width that may have some benefit. I think vertical integration has already taken a large step forward. Consumers continue to battle…
May 30, 2024
Cattle & Ranch Report May 30th, 2024 Live Cattle: Many are blaming yesterday’s selloff on the mid-session news drop that China detected traces of ractopamine in beef samples from JBS Greeley. Ractopamine is a banned substance in China, who announced overnight that they would become more lax with restrictions on beef imports from Australia. China…
May 28, 2024
One for the records book; we experienced a Tornado warning in SE North Dakota, Snowstorm in Western ND, Torrential rain in Central ND, and sunshine in other parts of ND! Like the old timers say wait an hour and the weather will change! Prevent Plant: We are fast approaching the final plant date for corn…
May 22, 2024
Cattle & Ranch Report May 22, 2024 Live Cattle: No breaks this morning starting off for the cattle feeder. Futures traders continue make it tough on cattle feeders. The positive basis in fats, and negative in feeders, is backwards of what would be of benefit to the cattle feeder. Nonetheless, it is what we have…
May 16, 2024
Cattle & Ranch Report May 16, 2024 Live Cattle: Further consolidation continues to keep prices of cattle within a narrow range. A break out to the upside would lead me to anticipate a test of the down trendline. If materializes, a move of June to $182.00 would be anticipated. A dollar or two lower in cash,…
May 8, 2024
Cattle & Ranch Report May 8th, 2024 Live Cattle: Open interest plummeted on Tuesday’s mildly higher trade. With beef production having caught up with last year, and no indications of the packer offering to slaughter more to decrease beef prices, the rationing of beef continues and makes for less demand for cattle. Further…
May 1, 2024
Cattle & Ranch Report Heritage insurance is proud to partner with Chris Swift of Swift Trading company and author of shootinthebull. This partnership will allow us to distribute his market commentary to our cattle and ranchers via text. Eash day we will send out a text of his for insight into the cattle trading….
Apr 23, 2024
Welcome Aboard, Morgan! We now have our very own program specialist on staff! Morgan will be out of our Oakes office location but will serve all locations. She has vast experience working for FSA, and will serve as a liaison to help you with all your paperwork for FSA. She can be reached at…