21 Angus Ranch:
   21 Angus RanchAnnual "Top Cut" Bull SaleMarc & Anne Wolf FamilyJanuary 30, 2016 At the RanchNew Engl . . . . . MORE INFO >>
Black Hills Stock Show Horse Sale :
   Black Hills Stock Show Horse Sale January 29-30, 2016Rapid City, SDAuctioneer: Lynn WeishaarReported . . . . . MORE INFO >>
Marcy Company Angus Bull Sale:
   Marcy Company Angus Bull SaleGordon Livestock AuctionGordon, NEJanuary 28, 2016Auctioneers: Joe Gogg . . . . . MORE INFO >>
Weigel Angus Ranch:
   Weigel Angus Ranch2016 Production SaleRobert & Jodi Weigel FamilyJanuary 26, 2016At the FarmKintyre, . . . . . MORE INFO >>
Joseph Angus Ranch:
   Sale Average: 174 Bulls = $5073 Top Lots: Lot 71 $12,000 to Todd Rothleutner, Gilgore, Nebras . . . . . MORE INFO >>




Comments 2-4-16
Publish Date: Thursday, 04 February, 2016
Beef exports had a big week this last week, according to FAS/USDA data. Net sales of 19,600 Metric Tons (MT), which includes 8,400 MT to Japan, 4,200 MT to Hong Kong, 2,900 MT to South Korea, 1,300 MT to Mexico, and 1,000 MT to Canada. Exports of U.S. beef came in at 11,700 MT, which includes 3,600 MT to Japan, 2,400 MT to South Korea, 2,100 MT to Hong Kong, 1,400 MT to Mexico, and 1,400 MT to Canada.
The 19,600 MT was up from 8,300 the week before... see why I said it was a big week? This is also true as you look at what the average numbers are from the last few years. The 2015 average was 11,167 MT, the 2014 average was 12,893 MT, and the 2013 average was 13,265 MT.  Year-To-Date totals for this year are up 2.4% from last year at 264.1 million pounds.
This is good news for the beef industry here in this country as we progress into 2016. Many of us in the last few months have talked about the fact that exports of beef really needed to pick up. We have seen huge cold storage numbers for beef in the U.S. I totally realize that we have been harvesting some huge cattle due to cheaper feed and cattle owners trying to hold cattle to hit a better market. We are starting to work our way through these big cattle but still have an abundance of beef in cold storage.  
In the coming weeks, hopefully, we will see these exports numbers continue to increase and the demand for our product right here in the United States continue to increase as well. Last week was very encouraging... let's just hope it continues as we get further and further into 2016.
The Cattle On Feed Report showed total cattle on feed at 99.5% as compared to last year. Placements were at 99.2%, and Marketings were 101.1% of last year. At first glance, these numbers don't look too bad, do they? Well, in all actuality, the report was called "modestly bearish" because they didn't even come close to pre-report estimates. Placements at 99.2% were estimated to be at 94.9% with a range of 91.1%-97.5%. Marketings were a little closer with the average guess at 101.9% with a range of 100.9%-103.4%. Cattle on Feed had an average guess of 98.8% with a range of 98.3%-100.5%.
Despite the fact that this report was deemed slightly bearish, cattle futures opened a touch higher on Monday, and we will all have to watch the markets to see what happens this week. We should see a pretty good bounce here in cattle futures in the very near future.
There have been quite a number of production sales across Reporter Country since the first of the year. The sales have been extremely strong for the most part. Sales here in Montana are just getting underway this week for me -- I have a sale every day this week except for one. I am still trying to find a day or two (usually Sundays) to try to figure out how to help everyone that still needs sale bull photos taken. For those of you who are waiting on me, I'm trying my best to catch up. The weather and other factors have delayed many of these bulls getting their hair cuts, so then I get delayed... and now sale season is fully underway!
The Ground Hog said it was going to be an early Spring so hopefully my traveling weather will be good, but more importantly, hopefully, it will be an ideal calving season for most producers!

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