Allendale Shares Their Estimates For The Coming Cattle On Feed And Cold Storage Reports From USDA

Apr 21, 2017

The following are estimates by Allendale for the coming Cattle on Feed and Cold Storage reports:

March Placements are expected to be 8.8% larger than last year at 2.058 million head. This would be the largest March placement since the current data series began in 1996. Cattle feeders are responding to stronger than expected pricing on March finished cattle. Cash cattle prices ran $6 over February levels. March placements supply the September through December slaughter period.

Allendale anticipates a Marketing total 10.0% larger than March 2016 at 1.922 million. This was the largest February marketing in six years. There was no calendar adjustment this month.

Total Cattle on Feed as of April 1 is unchanged versus last year at 10.851 million. The March 1 total was unchanged versus one year ago.

Allendale projects a 541 million lb. total pork stock level for the end of March. The five-year average is 624 million lbs. Our estimate represents a decrease of 31 million lb. from the previous month. The five-year average month to month change for March is a 31 million lb. decrease. Our estimate represents the smallest end of March stocks in seven years.

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Video: Selling Rams & Helping New Farmers Begin

It’s shipping day again at Ewetopia Farms as we sell another Suffolk yearling ram! In today’s episode, we load one of our Suffolk rams onto the trailer as he heads off to his new farm to sire the next generation of lambs.

This particular customer has been buying our rams for over eight years, trusting Ewetopia genetics for their gentle temperaments, strong builds, and proven performance. Back home, we get busy looking after the flock that’s staying behind. With the weather turning wet and chilly, it’s time to put down fresh, clean bedding to keep everyone cozy and comfortable for the season ahead. Later, we welcome a wonderful new family who’s just starting out in sheep farming!

They’ve chosen some of our Suffolk ewe lambs to begin their flock — and we couldn’t be happier to help them take their first steps into raising sheep. Stay tuned for a follow-up episode when we help deliver and settle their new flock at their farm.