![]() There are also rules regulating the administration of colostrum, the housing climate, the size of the compartment, the input of feed (straw, hay or maize silage) or the haemoglobin level of the calves’ blood. Calves over the age of eight weeks may not be kept on their own and must have sufficient space available to them. The German order on the protection of animals and the keeping of production animals prescribes strict rules for the keeping of fattening veal, however. Fattening veal are separated from the mother shortly after birth and have a life expectancy of just five to six months. Fattening veal are male and female calves that are not needed for breeding purposes. There are also some breeds such as Fleckvieh, however, that can be used for both meat and milk production.Ī special area of feeder cattle rearing is fattening veal. Mainly male cows are fattened and slaughtered. There are also different breeds for milk production. The meat from these cows is valued for its marbled meat, which shows the intramuscular fat content, however. Whereas some breeds have a high weight with a very low fat level, other breeds grow more quickly but do not reach the same weight. There are different breeds that fulfil these criteria, however. Derrell Peel discuss the effect of recent rains on livestock markets on SunUp TV from October 29, 2022.For this reason, cattle breeds that grow quickly and have a high ability to put on weight are particularly suited to meat production. Unless unexpected external market pressure develops, cattle prices are expected to finish the year strong and the highest prices of the year may be recorded before the end of the year.īelow, listen to Dr. Cattle slaughter is still running large but should taper off toward the end of the year. Improved futures prices, stronger boxed beef and fed cattle prices are all supportive for feeder cattle markets. ![]() Market fundamentals are generally positive for cattle markets going forward. Average dressing Breaker cows were priced at $71.99/cwt. Cull cow prices dropped about 25 percent from late August to mid-October but did increase slightly last week. These numbers contribute to the national total of beef cow slaughter up nearly 13 for the year to date through mid-October. Other cull cows are marketed through smaller auctions and directly to cow packers. This increase has added roughly 50,000 head of cull cows above year ago levels in the seven federally reported Oklahoma auctions. The volume of cull cows and bulls in auctions has averaged double the level of one year ago since mid-July and has been higher nearly every week of the year. The volume of cull cows in Oklahoma auctions continues to run well above last year. Some producers may be considering more creative backgrounding programs to take advantage of the current feeder market situation. Drought has reduced the availability of wheat pasture and other forages and makes it difficult for stocker producers to take advantage of these attractive stocker margins and arbitrage the markets in the typical fashion. for the 780-pound steer and a value of gain $1.71/pound in March for the 480-pound steer purchased now. ![]() Current March Feeder futures imply a price of $183/cwt. Feeder futures prices reflect a higher trending feeder market in the coming months. Of course, it takes time to add weight to feeder cattle and the value of gain is even higher given Feeder futures prices for next spring. This is an increase in value of $463.74/head and a $1.56/pound value of gain for 301 pounds of gain. Since mid-October, Feeder futures prices and cash auction have moved higher.įor the week ending October 28, the combined auction price of 480-pound, M/L, No. A sharp decrease in Feeder futures contract prices over this period was the major factor in the cash market decrease. Feeder volumes are expected to be smaller through November.įeeder cattle prices at Oklahoma auctions increased counter-seasonally through the summer to August peaks nearly equal to the spring seasonal peaks before dropping through September into early October. The feeder volume the past two weeks has been down by 6.1 percent compared to the same period last year. As expected, larger summer volumes resulted in smaller volumes for the fall. ![]() In the 14 weeks from mid-July to mid-October, the volume of feeder cattle in the combined weekly cattle auction summary was up 19.7 percent year over year, an increase of over 66,000 head. Peel gives an Oklahoma cattle market update. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. ![]()
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