Livestock Marketing Information Center

Welcome to the Livestock Marketing Information Center (LMIC) Website

 

Use the tabs at the top of each page or links on the right to navigate the many resources on this site.

 

Chart of the Week

Hot Topics

Industry Outlook Conference

Members Only Area

Monitor

Spreadsheets

Graphs

Tables

Analysis and Comments

Public Areas

Recent Price & Production Summary

Key Graphs

Quick Market Reports

Publications, fact-sheets, etc includes:

List of Members, Associates, or USDA Members; or their marketing websites

About the LMIC

Positions & Internships

Current Situation and Analysis

Last Updated: 04/14/2014  

 

Trends . . .  CATTLE  FEEDING  UPDATE:  KSU  DATA  AND  MORE

Kansas State University’s “Focus on Feedlot” reports summarize monthly feedlot closeout data from participating commercial feedlots.  In the first two months of this year, feedlot data showed that steers sold had a cost of gain below $100 per cwt. for the first time since July 2011. Cost of gain for heifers sold in February also dipped below $100.00 per cwt. and was the lowest since May 2011. Lower feedstuff costs and probably better quality feedstuffs reduced costs of feeding cattle.

 

Details

 

POSITVE  BROILER   MARGINS

The number of eggs set in the top 19 broiler hatchery states, reported by NASS in Broiler Hatchery weekly, was below expectations, in fact, some weeks were below a year ago. Year-over year gains at the beginning of 2014 were as large as 2.8%, and hovered in the 1.5% to 2% range for the first 5 weeks. Since then egg sets fell to mostly equal with a year ago to up 1% in the most recent week. Broiler producer margins eroded precipitously last fall due to rather lackluster product demand (foreign and domestic) and historically high soybean meal costs. Beginning in March, those margin calculations turned up rather dramatically, mostly because of higher product prices.

Details

  Recent Major Updates:

ERS/BLS Retail Prices and Spreads

Monthly Meat, Poultry, Livestock, and Dairy Trade

Monthly Estimated Cattle Feeding Returns & Breakevens (graphics)

EXCHANGE  RATE  COMMENTS

The value of the U.S. dollar compared to another currency is the exchange rate. A change in exchange rate causes price adjustments for goods traded between two countries. In terms of U.S. exports, a higher exchange rate directly translates into higher costs for the buyer and usually a drop in tonnage sold. Also, a higher dollar tends to increase U.S. imports.     

Details