Corn prices have surged higher at the end of November and may take a bite out of cow-calf returns in 2021. The weekly average nearby corn futures contract gained more than a dollar from early August through mid-November. This has affected feeder cattle values, with nearby feeder cattle futures losing $7.50 during that same timespan, even as live cattle futures advanced by more than $7. As the amount that feedlots are willing to pay for feeder animals declines as the cost of adding weight to those animals increases, higher corn prices have the potential to lower returns for beef cattle producers. Read more at Southwest Farm Progress…
Recent Posts
Texas, Oklahoma weekly livestock auction summaries for May 26
Texas Compared to last week: Feeder steers and heifers sold mostly 5.00 to 10.00 higher. Trade …
Continue Reading about Texas, Oklahoma weekly livestock auction summaries for May 26
U.S. drought monitor and summary report for May 23
This week's drought summary Showery weather across the southern half of the Plains provided …
Continue Reading about U.S. drought monitor and summary report for May 23
Crime Watch: Cows missing in Washington County
Texas & Southwestern Cattle Raisers Association Special Ranger Brent Mast, District 22 in East …
Continue Reading about Crime Watch: Cows missing in Washington County