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Livestock
Live Cattle Higher, Feeders Lower at Midday -

Live cattle futures are firm to 37.5 cents higher on Tuesday. Feeder cattle futures are steady to 55 cents lower. The CME feeder cattle index was

Cattle Market Battles Back to Mixed Trade -

Live cattle futures closed -47 to +37 cents on Monday. Feeder cattle futures were $1.70 to $2.45 lower with the added influence of higher feed

Cattle Shake off COF Report to Close Mixed -

Live cattle futures shook off early losses to close mixed. Net changes from Friday were -47 to +37 cents. Feeder cattle futures were $1.70 to

Cattle Lower as COF Report Shows Plenty of Cattle -

Live cattle futures are down 5 to 77.5 cents in most contracts on Monday. Feeder cattle futures are $1.825 to $2.325 lower at midday. Friday

Cattle Market Deals with Low Beef Stocks, Lots of Cattle -

Live cattle futures were down 40 cents to $1.725 on Friday. Feeder cattle futures were $1.025 to $1.325 lower. Friday afternoon’s Cattle on Feed

Full commentary...
PRICING UPDATE

Pricing Update


We hope everyone had a Happy Thanksgiving! There are some major things happening in the feed world that will affect prices. Unfortunately, next week and the weeks to come, you will see significant price increases in feeds and minerals containing vitamins A, E and thiamin. To put this in perspective, vitamin A pricing in June 2017 was $18,000 and today is $236,000. This is a worldwide problem that looks to continue for at least the next 6-8 months.


On October 31, 2017, a BASF plant in Germany that manufactures Citral had a fire. Citral is an intermediate for vitamins A and E, thus cannot be made without the Citral. This German plant controls 75% of the worldwide Citral production so you can see the crisis this has created. These vitamins, specifically vitamin A, will become in short supply with skyrocketing prices. There is a real possibility vitamin A will become unavailable before the plant is functional.


To preserve these vitamin inventories, we will be pulling out vitamin A from our cakes. Custom cake formulas that have a complete vitamin/mineral package we will leave alone. Vitamin levels in minerals will be lowered to meet animal requirements. If you desire higher vitamin levels in mineral, you will need to contact Farmers Ranchers Feed Mill.

 


 

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