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Livestock
Cattle Prices Up -

Live cattle futures are $.90 to $1.225 higher in Tuesdays trading. Feeder cattle futures are 90 cents higher to $136.575. The CME Feeder Cattle

Cattle Market Steady on Strong Packer Margins -

Live cattle futures were $.175 to $.275 cents higher in the front months Monday. Feeder cattle futures closed 32.5 cents to $1.10 higher with nearby

Cattle Strengthen on Monday -

Live cattle futures were up 17.5 to 27.5 cents in the front months on Monday. Feeder cattle futures closed Monday showing 32.5 cents to $1.10 higher

Cattle Higher on Monday -

Live cattle futures are up 60 to 77.5 cents in the front months on Monday. Feeder cattle futures are showing gains of 92.5 cents to $1.30. The CME

Cattle Market Torn Between Beef and Live Cattle Values -

Live cattle futures 27 to 82 cents lower on Friday. Preliminary open interest rose 4,019 contacts on net new selling interest. Feeder cattle

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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