Happy Calves
According to NDSU Extension Livestock Economist Tim Petry, the muddy spring had little influence on calving this spring. "Calving has been going very well this year and it's been a much improved calving season."
Articles tagged under: Tim Petry
Fall Calf Prices
According to NDSU Livestock Marketing Specialist Tim Petry, 2024 calf prices will be affected by calf supplies, corn prices, and fed cattle prices. Lower retention rates from last year will create a smaller calf crop this fall. The volatility of…
Lost Information
NDSU Extension Livestock Economist Tim Petry says the loss of the USDA July Cattle Report is devastating. The decision is happening when the cattle herd is at a 73-year low. "We're in cyclical transition expecting herd rebuilding to begin, but…
Herd Rebuilding Will be Slow
The beef cow herd is at its smallest level in decades sending beef prices near all-time highs. NDSU Extension Livestock Marketing Economist Tim Petry expects herd rebuilding to be a lengthy process. "This last year was the fifth year of…
Cattle Inventory Report Coming Out at the End of the Month
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
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
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’
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
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
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…
