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Red Angus eNews is distributed on Wednesday each week to RAAA members.
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Red Angus eNews is distributed on Wednesday each week to RAAA members.
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January 31, 2024
A long-time RAAA member recently shared the carcass data below on 30 head of his high-percentage Red Angus steers. The steers are approximately 85% Red Angus, with the other 15% being Continental-breed influence. The harvest date was Dec. 22, 2023. To say these are favorable results would be an understatement. The steers produced an exceptional…
Read MoreJanuary 31, 2024
Week ending Jan. 26, 2024 Fed cattle trade was up for the week of Jan. 22. Cash trade and live cattle future were all up $2 to $4.50 for the week. Cash trade in the South was up $2 at $175. Northern trade saw an increase of $3 at $176. Live cattle futures closed $4.08…
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
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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