Page 14 - MWC 09-9-2021s
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The Midwest Cattleman · September 9, 2021 · P14
SUMMARY OF THE AUGUST CATTLE CALF AND FEEDER MARKETS HEATING UP
ON FEED REPORT By Greg Henderson
By Josh Maples, Assistant Professor & Extension Economist, Department of
Agricultural Economics, Mississippi State University August 30-Auction mar- east and currently, willing
USDA released the August for yearling cattle coming off kets across the country saw buyers are there to fill or-
Cattle on Feed report on Fri- summer grass. This month’s some sizzling prices last week ders. In the upcoming weeks,
day, August 20th. August 1st report suggests that drought as demand was called moder- farmers in the Midwest will
ate to good for all weights of not want to take the time to
cattle on feed inventories for might be forcing some cattle
straighten up some bawling
feedlots with a capacity of to be sold earlier than an- steers and heifers. Marketing calves as large temperature
1,000 head or more is esti- ticipated. Digging into the Agricultural
mated at 11.1 million, a 1.9 placement data shows that Service reporters called last swings will no doubt be on
week’s market steady to $3 the horizon.”
percent decline from August most of the month-over-
1st of 2020. Cattle on feed in- month increase came from higher, with some calf mar- Auction receipts totaled
kets in the Northern Plains 159,800 last week compared
ventories have been running cattle weighing more than
above 2020 levels for most of 700 pounds. reporting $5 to $7 higher. to 144,600 the previous week
AMS noted extreme heat and 156,200 last year.
the year. This month’s report Fed cattle marketings in
is the second consecutive July were 1.90 million head across the Midwest and Cash fed cattle reached
Plains states with high hu- their highest price of the
month with cattle on feed or 5 percent below 2020.
inventories below 2020. Sea- For context, July 2021 had midity also a factor. year last week at $125.86,
sonally, on-feed inventories one less slaughter day than “Most yearling operators but packers have given up
decline through September July 2020. Despite one less like to have their yearlings precious little of their lever-
before feedlots reload during slaughter day, daily average sold by Labor Day as the tail age. Nearly half the cattle
the fall calf market. marketings in July were only end of the calf-feds from the bought on a negotiated basis
Feedlot placements during fractionally higher compared previous year are coming last week were bought with
July are estimated at 1.74 to a year ago. out of the feedyards,” AMS time, a clear indication pack-
million head, an 8.1 percent In general, the report reporters said. “Spring-born ers will enter September
decline from July 2020. His- brought optimism to the bawling calves are in the mix with adequate inventory.
torically, the seasonal trend market and reveals an im- of the feeder supply from the
has been for feedlot place- proving feedlot situation. North Plains to the South-
ments to decline in July from USDA is forecasting beef
the previous month. This production to be down 1.2
year, July feedlot placements percent during the second
were 4.1 percent higher com- half of 2021. Declining feed-
pared to June. Compared to lot inventories and lower
June, placements were 23 feedlot placements, support-
percent higher this month ed by an expected third con-
in Colorado, 27 percent high- secutive year of declining calf
er in Iowa, 6 percent higher crops, during the second half
in Nebraska, and 5 percent of the year would mean fewer
higher in South Dakota. cattle available for slaughter
Notice that most of the in- to begin 2022. USDA is pro-
crease in placements came jecting beef production to be
from drought-impacted re- down 3.2 percent in 2022.
gions. August and September
are generally good months
DO NOT LET cols such as timing of vacci-
continued from page 13 nation and which vaccine to
use in your area should be
damage to the corneal sur- discussed well in advance
face. This could be done by with your veterinarian.
clipping mature seedheads to -As always be sure to fol-
reduce levels of dust or for- low sound nutrition protocols
eign objects that can irritate to maintain optimal health.
the eyes. If trace mineral levels such
-Ultraviolet sunlight in- as selenium and copper are
creases the chances of dis- very low, or vitamin A for cat-
ease development. Be sure tle on low quality forages, the
to provide plenty of shade. animal’s immune system will
Breeds that lack pigment on be compromised, exacerbat-
their eyelids, such as Here- ing the effects of pinkeye.
fords and Charolais are more
susceptible to pinkeye be- UNL
cause of increased sensitivity
to sunlight.
-Proper vaccination proto-
