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Livestock
Cattle Futures Higher on $2-3 Pop in Cash -

Live cattle futures saw a $1.60 pop in nearby April futures, thanks to higher cash cattle trade. The rest of the contracts were 15 lower to 30

Cattle Futures Market Cautious Ahead of COF Report -

Live cattle futures are mostly 10 to 80 cents lower ahead of the monthly USDA Cattle on Feed report. April is the exception, up $1.10 at midday on

Cattle Market Looking Ahead to COF Report -

Live cattle futures settled 22 cents lower to $0.67 higher Wednesday, with front month April down 22 cents. Feeder cattle futures were down 60 to up

Cattle Mostly Higher With Cutouts Mixed -

Live cattle futures settled 22 cents lower to $0.67 higher with front month April down 22 cents. Feeder cattle futures were down 60 to up 92 cents,

Cattle Market News and Commentary -

Live cattle futures are mixed at midday, with front month April down 30 cents. Feeder cattle futures are down 15 to 50 cents in the front months,

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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