BUDGETS: cow calf, backgrounding, summer grazing
LMIC: Analysis and Comments, In the Cattle Market, Livestock Monitor
MARKET REPORTS: area market reports
PRESENTATIONS: meeting presentations
LEASE PUBLICATIONS - farm and ranch
Chart of the Week
Lamb prices are mirroring 2015 levels closely. Prices are slightly lower than 2014 which was a banner year for all livestock commodity prices. Lamb prices have held relatively stronger than cattle, hog, and chicken prices which declined rather dramatically after record highs in 2014. Lower corn prices and strengthening slaughter lamb prices are buoying feeder lamb prices. Domestic demand for U.S. lamb cuts remains strong, but seasonal fall weakness in slaughter lamb prices is expected. Headwinds include relatively high lamb imports and record cold storage stocks of lamb. Weaker slaughter lamb prices will funnel down to feeder lambs this fall.