HOT BARN REPORT: R-Calf USA Friday with Karina Jones

March 18, 2022 Administrator 0

To the unsuspecting, non-cattle owners, I’m sure it was easy to cheer along and maybe do a fist pump and say, “You go beef.” For myself, I think, “well that is weird, if exports are up and American beef is in such high demand, why is our fat cattle market so stagnant?”

HOT BARN REPORT: R-Calf USA Friday with Karina Jones

March 4, 2022 Administrator 0

Oil is up. Corn is up. Groceries are up. Everything is up. But, cattle are down.
When crude oil goes up, so does diesel and gas. The output product follows the input product. So, if the cattle market functioned competitively like the gas market, then we would fully expect cattle prices to increase so the supply chain could recover the added cost of corn and inputs.