Recapping the cattle markets for the week of 5.20.24 – 5.25.24, the Latest LaneCast Ag Podcast shares what cattle brought in local livestock markets across the Western United States. Also included is the latest Cattle on Feed Report and what could be the highest Dressed Cash Cattle Price ever!

The Markets:

• Miles City Livestock Commission Tue May 21, 2024

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The Producer Profitability Initiative, led by cattle ranchers for cattle ranchers, aims to ensure the sustainability of the American livestock industry. It welcomes ranchers of all sizes, management styles, and affiliated businesses, striving to secure livelihoods and the domestic food supply. In the latest LaneCast Ag Podcast, Turk Stovall and Raylee Honeycutt from the Montana Stockgrowers Association discuss insights gained from the initiative and what their next steps are in creating more opportunities from family ranchers out in the countryside.

https://mtbeef.org/profitability/

For the first time, cattlemen producers can earn grid premiums based on the genetic merit of their cattle, stemming from their investment in superior genetics. National Beef Packing announced the addition of new premiums on their U.S. Premium Beef, LLC (USPB) grid for qualified cattle based on their AngusLink Genetic Merit Scorecard (GMS). AngusLink value-added programs are administered by the American Angus Association® in partnership with IMI Global. American Angus Association CEO Mark McCully and Troy Marshall, director of commercial industry relations with the Association, shared more about the grid premiums and all the profit opportunity with AngusLink programs.

https://www.angus.org/anguslink

#cattlemarkets #livestockmarkets #auctionmarkets #anguscattle #cattleprices #beef #angusbeef #ranching #agriculture #farm #farmer #livestockgenetics #cows #certfiedangusbeef

The Latest LaneCast Ag Podcast discusses Florida Governor Ron DeSantis signing a bill to prohibit the sale of lab-grown meat in the Sunshine State. Other topics: Ground Beef Samples Safe from Bird Flu, Cattle Market and Sheep Market updates.

Livestock Market Report: $3,700 cow/calf pairs, steady to higher cash cattle market and Colombia Restricting U.S. Beef due to Avian Influenza. ,

Auction summaries from livestock markets in Wyoming, Montana, Utah North Dakota and Colorado are shared.

Discover our firsthand reports from key livestock auctions across the West, where feeder cattle prices are skyrocketing, offering insights into industry trends and market dynamics. #cattle #cattleprices #cattlemarkets #agriculture #ranching #rancher #ranching #livestockauctions #livestockmarketing #cattlemarket #livestockmarkets #cattle #ranch #cowboys #torringtonlivestock 

Arntzen Angus Ranch is a fourth-generation operation, with brothers, cousins, and uncles working side by side every day with a common goal: raising Angus cattle. Members of the Arntzen family gather to discuss the history of their renowned Angus program, the dynamics of working together, their thoughts on the livestock business, and where things are headed.

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#ranching #agriculture #cattle #cattlemarkets #cattleprices #cattlefarm #ranching #rancher #montana #angus #anguscattle #angusbeef #anguscows #angusbulls #bullsales #bulls #cows #farming #family #familybusiness #lanecast #LaneCastAgPodcast

Following the discovery of Highly Pathogenic Avian Influenza (HPAI) in dairy cattle in Texas, New Mexico, and Kansas, experts discuss its scientific and market implications. Dr. Greg Gray, an epidemiologist from the University of Texas Medical Branch in Galveston, emphasizes cautious analysis and collaboration between academia and agriculture. Despite concerns, Dr. Gray reassures consumers and producers, urging them not to panic and emphasizing the resilience of the agricultural sector in tackling such challenges. ShayLe Stewart, DTN Livestock Analyst, notes a temporary drop in cattle prices and stresses measured responses in the market. Both experts emphasize staying informed, remaining vigilant, and working together for long-term sustainability and resilience in the livestock industry.

https://researchexperts.utmb.edu/en/persons/gregory-gray-2

UTMB OH Symposium:

https://www.utmb.edu/one-health/events/international-one-health-symposium/welcome-symposium

The latest episode of the LaneCast Ag Podcast dives into the recent fire at The National Beef packing plant in Kansas, a vote in the U.S. Senate to halt imports of Beef from Paraguay, latest Cattle on Feed report, and spring bull and heifer sales and how the livestock markets shaped up ending the week 3.22.24.

#agriculture #ranching #rancher #livestock #livestockmarkets #livestockprices #cattle #cows #farm #farmer #beefpacking #packingplants #holcombfire #nationalbeef #nationalbeeffire #kansas #montana #colorado #wyoming #cowboys

Recently, Congress passed an appropriations package that provides USDA funding to implement Electronic Animal ID (EID) Tags for breeding livestock. The funding will help pay for infrastructure and limit the cost that producers will have to pay as USDA transitions its Federal Animal Disease Traceability (ADT) protocol for items like metal Bang Vaccination tags to an EID button. South Dakota cattlemen and past president of the National Cattlemen’s Beef Association Todd Wilkinson discusses the associations voluntary approach to USDA ADT and more. 

Livestock Market Report: $2,000 calves, higher cash cattle market and the latest World Ag Supply and Demand Report, revealing a promising outlook for cattle and beef markets in 2024 are discussed. Discover how production forecasts have surged, influencing price trends and trade dynamics. Auction summaries from livestock markets in Wyoming, Montana and Colorado are shared. Find out firsthand reports from key livestock auctions across the West, where feeder cattle prices are skyrocketing, offering insights into industry trends and market dynamics.