January 24, 2024
OKLAHOMA CITY — Lee Bjorklund, Henning, Minnesota, was selected as the 2024 Red Angus Herdsman of the Year at the National Red Angus Show during Cattlemen’s Congress in Oklahoma City Jan. 2-4. The award was presented by Red Angus Association of America President Kyley DeVoe, Justin, Texas. “It was a pleasure to present Lee Bjorklund…
Read MoreJanuary 23, 2024
Week ending Jan. 19, 2024 Things stayed a bit more neutral for the week of trade on fed cattle. Feeder cattle were higher as well as stocker cattle. Futures trended up as well. Dressed cattle were higher and corn was lower. Fed cattle didn’t trade enough to make a huge difference. Cattle futures traded at…
Read MoreJanuary 17, 2024
DENVER — The Red Angus Association of America recently recognized Hub City Livestock Auction in Aberdeen, South Dakota, for their excellence in marketing Red Angus and Red Angus-influenced cattle. The award was presented to Hub City Manager Glenn Gaikowski by RAAA Commercial Marketing Specialist Rachael Oliver on Jan. 10. “Hub City has continually supported Red…
Read MoreJanuary 17, 2024
Week ending Jan. 12, 2024 In the fed cattle sector, cash trade was limited in the South at $1.72. Northern trade held steady for the week at $175. Fed cattle futures closed up $.07 to $.80 for the week across the front three months of trade. Feeder and stocker calf prices were on the rise…
Read MoreJanuary 10, 2024
by Tom Brink, RAAA CEO Definition: Stayability predicts differences in the ability of an animal’s retained daughters to remain productive in the herd, calving every year, through six years of age. Units are in percentage terms; higher is better. STAY is an IGS-calculated EPD, with millions of cow records behind it. RAAA’s total herd reporting…
Read MoreJanuary 10, 2024
Week ending Jan. 5, 2024 For the week of Jan.5th, the markets trended higher in the Northern Plains and nonexistent in the Southern Plains. Northern cattle were $4 higher at $175 for fed cattle, while feeder cattle were $2 higher and stockers were $3 higher. Fed cattle were up from $172 last week to $175…
Read MoreJanuary 3, 2024
Week ending Dec. 29, 2023 Live cattle futures had mixed results to conclude the holiday week of trade. December contracts closed at $173.67, while February futures closed at $168.50. Cash trade did see slight increases during the holiday week. Southern trade was up $1, closing at $172. Northern trade was up $2-$3 at $172-$173. Feeder…
Read MoreDecember 19, 2023
Week ending Dec. 15, 2023 Cash trade in the fed cattle sector closed the week down from the week prior. Northern trade was $3 lower at at $168, while southern trade was only $1 lower at $170. Futures trade for the week fortunately closed higher. Across the front three months, trade was up $2.77 to…
Read MoreDecember 12, 2023
By Tom Brink, RAAA CEO This question is more than rhetorical, because it impacts how the U.S. beef industry does business and what it puts on consumer plates. Let us start with the obvious, scientifically based answer: Angus is a breed with two colors (black and red). There is nothing unique about that fact.…
Read MoreDecember 5, 2023
Week ending Dec. 1, 2023 All facets of fed cattle trade saw a decline in last week's trade. Trade was light in the South compared to steady trade in the North. Both markets closed $2 lower at $175. In the front three months of trade, live cattle futures closed $0.98 to $1.85 lower from the…
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