Articles tagged under: Tim Petry
Cattle Inventory Report Coming Out at the End of the Month
Published January 20, 2024
The recent storms have taken weight off of fed cattle, which would normally be friendly for the market. NDSU Extension Livestock Economist Tim Petry said logistics at packing plants kept the market in check. “Some packing plants closed so that…A Slow Herd Rebuild Ahead
Published December 17, 2023
Cattle numbers remain low. NDSU Extension Livestock Economist Tim Petry says any herd rebuild is going to be a long process. “The bred heifer numbers we put on this summer were really low so the rebuilding is going to have…Cash Cattle Markets See Seasonal Lows
Published October 29, 2023
Cattle futures took a dive after the October Cattle on Feed Report, but NDSU livestock economist Tim Petry still expects fall cash markets to stay ahead of last year’s level. “Calves are priced probably $70 higher than they were last…‘Deja Vu All Over Again’
Published October 15, 2023
Cow herd liquidation is ongoing in parts of the United States. NDSU Extension Livestock Marketing Economist Tim Petry says this is a ten-year cattle cycle. "To quote Yogi Berra, 'it's deja vu all over again'. We had record prices in…Weather Holds the Key to Rebuilding Cattle Herd
Published July 28, 2023
The USDA Cattle Inventory Report showed numbers decreased in all sectors except milk cows. According to NDSU Extension Livestock Economist Tim Petry, there’s one major factor for rebuilding the herd. “It has to rain and that is happening this year.…Cow Liquidation Continued
Published March 24, 2023
Area auction barns are at the tail end of the feeder run. NDSU Extension Livestock Economist Tim Petry says prices were as good as he expected. "We had a really nice increase in feeder cattle prices this year, but it…Weather Pumps the Brakes on Feeder Calves
Published December 22, 2022
NDSU Extension Livestock Marketing Economist Tim Petry says the combination of weather and the holiday season is slowing down packer inquiry into feeder sales. "With the storm, auctions were closed and now with Christmas here there's just not a lot…Corn 10 Cents Forward, Feeders $1 Back
Published November 12, 2022
Calf prices are lofty compared to 2019-2020. However, the corn prices may be the glass ceiling for the cattle market. "When we look at the price for feeder cattle, we see it may be further away from setting records than…The Shrinking Cow Herd
Published October 15, 2022
Beef cow slaughter has been on the upward trend for nearly four years. NDSU Extension Livestock Specialist Tim Petry says you can expect cow liquidation to continue. across the U.S. "Fifty-five percent of our beef cow herd is an area…