HeyJaredDerrell S. Peel
- Indexed articles, last 90 days
- 9
- Latest publication
- Sep 25, 2026
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- Jul 10, 2026
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The feedlot house of cards is collapsing (opens the original)
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The latest USDA Cattle on Feed report shows the September feedlot inventory at 11.163 million head, up 0.7% from one year ago. Monthly on-feed totals have been above year-earlier levels the past five months. Placements in August were down 9.2% year over year and August marketings were down 3.3%. Average feedlot placements and marketings have declined sharply in recent months and are now at record-low levels in available cattle on feed data (Figure 1). Through the current cattle cycle, the calf c
Beef imports and the Brazil roller coaster (opens the original)
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Beef imports continue to be the subject of political attention that has resulted in a myriad of variable and inconsistent policies and actions. Cattle and beef markets have been buffeted by a barrage of political interference that has clouded markets and contributed to producer uncertainty and delay in responding to market signals to rebuild cattle inventories. The latest trade data shows that beef imports continue to increase, up 18.7% year over year in July and up 12.9% for the first seven mon
What to expect from Mexican cattle imports (opens the original)
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There is lots of speculation on both sides of the border about what to expect with the resumption of cattle trade between the U.S. and Mexico. How many cattle? What type of cattle? How fast? There are many questions about if and how much the world has changed since the border closed and whether the impacts are long-lasting or perhaps permanent. We can’t be sure, but history is probably still the best guide on what to expect. Mexican cattle imports averaged 1.17 million head in the 20 years from
An update on the current hay production situation (opens the original)
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The August Crop Production report from USDA included forecasts for 2026 hay production. The hay crop year runs from May through April, so the total hay supply includes May 1 carryover hay stocks plus current year production. Total U.S. May 1 hay stocks were up 19.5% year over year, but total hay production is expected to be down 9.3%, leading to a 7.2% decrease in the 2026 total hay supply (Table 1). Table 1 shows the top ten states for each category: May 1 stocks, all hay production, alfalfa ha
Cattle and beef market summer struggles (opens the original)
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Cattle and beef markets suffered through a significant correction in July. Led by live and feeder futures, feeder and fed cattle markets were dragged lower through July, with USDA news of planned opening of the Mexican border adding additional pressure at the end of the month. Cattle markets are attempting to recover in August, but the struggles continue with extended summer heat causing deterioration of pasture conditions and limiting summer activities. Widespread drought earlier in the year mo
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