Articles tagged under: Tim Petry

Demand for Calves Defies Fall Trends

Published November 15, 2024

Strong demand for calves has helped counteract seasonal pressure in the local cattle markets. “Usually, the end of October and into November is a tough time to sell calves,” says Tim Petry, livestock economist, North Dakota State University. “But this…

Latest NewsMarketsAg BusinessLivestock

Calf Prices Remain Strong

Published October 23, 2024

At this year's Outlook Conference for Ag Lenders, NDSU Livestock Economist Tim Petry spoke about the current state of livestock markets. The calf marketing season is just starting. "Calf prices are very similar to last year as all cattle prices…

Top StoriesLatest NewsLivestock

Heavier Cattle Hit the Market

Published October 18, 2024

Lower feed costs may encourage feedlots to keep cattle longer, resulting in heavier carcass weights. “They’re putting on enough weight to amount to the equivalent of about 20,000-to-25,000 more head per week,” said Tim Petry, livestock economist, North Dakota State…

Latest NewsMarketsAg BusinessLivestock

Starting to Rebuild U.S. Beef Herds

Published July 22, 2024

The size of the beef cow herd remains historically low. “In 2022, 76 percent of the beef cow herd was in drought. That’s why we have some of the highest prices now, because of reduced herds,” said Tim Petry, NDSU…

Latest NewsLivestock

Happy Calves

Published May 29, 2024

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."

Latest NewsLivestock

Fall Calf Prices

Published May 7, 2024

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…

Latest NewsMarketsLivestock

Lost Information

Published April 11, 2024

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…

Latest NewsMarketsLivestock

Herd Rebuilding Will be Slow

Published February 9, 2024

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…

Latest NewsMarketsLivestock

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…

Latest NewsMarketsLivestock

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…

Latest NewsLivestock