Thursday, June 21, 2007
Georgia Cattle Market Information for the Week Ended June 15, 2007
Weather and Crop Conditions
Pasture conditions improved in parts of Georgia this past week as several lines of thunderstorms brought some much needed relief. However, much of the state and the Southeastern U.S. is still in a very desperate situation as it relates to moisture.
According to the latest USDA Crop Progress Report, 64% of Georgia pastures were rated in Poor-Very Poor condition. Generally speaking, pasture conditions are best in the east-southeast part of the state and deteriorate as you go west and north. Florida pasture conditions improved last week as 55% of Florida pastures are now rated as Poor-Very Poor and 40% as fair.
In the Southeast, the drought has expanded or moved (depending on your location). According to the U.S. Drought Monitor (USDM), MS, AL, GA and TN now have some part of their respective states rated as D4 (Exceptional) drought. D4 is the most severe rating for drought conditions in the USDM. In Alabama, 85% of pastures were rated as Poor-Very Poor and in Tennessee, 67% of pastures were rated as Poor-Very Poor.
Nationwide, California had the worst pasture conditions in the country as 95% of their pastures were rated as Poor-Very Poor.
Weekly Market Report
Cattle receipts at 25 markets 13,590 compared to 16,215 last week and 12,934 year ago. Compared to one week ago, slaughter cows 1.00 to 3.00 lower, bulls steady to 3.00 lower, feeder steers and heifers steady to 3.00 lower, steer calves 1.00 to 3.00 lower, heifer calves 2.00 to 4.00 lower, replacement cows steady to 3.00 lower. It appears that much of the “drought-run” is over-for now. This week, cattle marketings were only 700 more than the same week last year. However, for the year, total cattle marketings continue running almost 18% more than where they were compared to 2006. Year to date, total cattle marketings are 296,500 vs. 251,400 for the same period in 2006 (Figure 1).
Slaughter cow marketings continue to run considerably above last year. Year to date slaughter cow marketings are up more than 16,000 head compared to year ago totals. Through Week 23 of 2007, almost 44,000 slaughter cows have been marketed in Georgia versus 27,500+ for the same period last year. However, sale barn reports indicate that last week, most of the cull cow marketings were north of I-16 which is the area currently most affected by the drought.
Pasture conditions improved in parts of Georgia this past week as several lines of thunderstorms brought some much needed relief. However, much of the state and the Southeastern U.S. is still in a very desperate situation as it relates to moisture.
According to the latest USDA Crop Progress Report, 64% of Georgia pastures were rated in Poor-Very Poor condition. Generally speaking, pasture conditions are best in the east-southeast part of the state and deteriorate as you go west and north. Florida pasture conditions improved last week as 55% of Florida pastures are now rated as Poor-Very Poor and 40% as fair.
In the Southeast, the drought has expanded or moved (depending on your location). According to the U.S. Drought Monitor (USDM), MS, AL, GA and TN now have some part of their respective states rated as D4 (Exceptional) drought. D4 is the most severe rating for drought conditions in the USDM. In Alabama, 85% of pastures were rated as Poor-Very Poor and in Tennessee, 67% of pastures were rated as Poor-Very Poor.
Nationwide, California had the worst pasture conditions in the country as 95% of their pastures were rated as Poor-Very Poor.
Weekly Market Report
Cattle receipts at 25 markets 13,590 compared to 16,215 last week and 12,934 year ago. Compared to one week ago, slaughter cows 1.00 to 3.00 lower, bulls steady to 3.00 lower, feeder steers and heifers steady to 3.00 lower, steer calves 1.00 to 3.00 lower, heifer calves 2.00 to 4.00 lower, replacement cows steady to 3.00 lower. It appears that much of the “drought-run” is over-for now. This week, cattle marketings were only 700 more than the same week last year. However, for the year, total cattle marketings continue running almost 18% more than where they were compared to 2006. Year to date, total cattle marketings are 296,500 vs. 251,400 for the same period in 2006 (Figure 1).
Slaughter cow marketings continue to run considerably above last year. Year to date slaughter cow marketings are up more than 16,000 head compared to year ago totals. Through Week 23 of 2007, almost 44,000 slaughter cows have been marketed in Georgia versus 27,500+ for the same period last year. However, sale barn reports indicate that last week, most of the cull cow marketings were north of I-16 which is the area currently most affected by the drought.
Monday, June 11, 2007
Georgia Cattle Market Information for the Week Ended June 8, 2007
Weather and Crop Conditions
Pasture conditions across much of Georgia improved some as Tropical Storm Barry delivered anywhere from 2”-6” of precipitation across the southern and eastern parts of Georgia last weekend. Additionally, increased thunderstorm activity around the state resulted in supplemental rains that deposited from .20” to 2.00” throughout the week.
The joy from the recent rains is tempered by the fact that we are still in the midst of a hydrologic drought. In a presentation at the UGA-Tifton Campus last week, State Climatologist, Dr. David Stooksbury stated that even with average precipitation for here on, we will still be in a rain deficit situation. He went on to inform us that it will take one or more tropical systems to get us caught up on precipitation. This reality has significant implications for cattlemen looking at fall and winter feeding scenarios.
For those areas that received rain, the visual improvement in pasture conditions certainly brought encouragement to cattlemen. Even so, pastures and hay fields in Georgia remain in a tenuous situation. According to the latest USDA Crop Progress Report, 74% of Georgia pastures were rated in Poor-Very Poor condition. Florida pasture conditions were almost as severe with 70% of Florida pastures rated as Poor-Very Poor. In the Southeast, Alabama achieved the very unenviable position of worst pastures with 78% rated as Poor-Very Poor. Again, California had worst pasture conditions in the country as 95% of their pastures were rated as Poor-Very Poor.
One interesting observation from a review of drought conditions is the severity of drought conditions as shown in the accompanying graph of drought conditions across the Southeastern U.S. Even though much of Georgia’s pastures are rated as Poor-Very Poor, none of the state is rated as being in a D4 (Exceptional) drought, which is the highest rating for drought conditions.
Weekly Market Report
For the week ended June 8, 2007, cattle receipts at 25 markets 16,215 compared to 19,122 last week and 12,935 year ago. Compared to one week ago, slaughter cows steady to 1.00 higher, bulls steady to 2.00 higher, feeder steers steady, steer calves mostly steady, heifers and heifer calves steady to 2.00 higher, replacement cows 1.00 to 3.00 higher. Total cattle marketings are running almost 19% for the year above where they were compared to 2006. Year to date, total cattle marketings are 282,900 vs. 238,500 for the same period in 2006 (Figure 1). Feeders under 600 pounds continue to make up the largest part of this increase (43%) as producers are early weaning calves. Slaughter cow marketings continue to run considerably above last year. Year to date slaughter cow marketings are up more than 16,000 head compared to year ago totals. Through Week 22 of 2007, more than 42,000 slaughter cows have been marketed in Georgia versus 26,000+ for the same period last year
Pasture conditions across much of Georgia improved some as Tropical Storm Barry delivered anywhere from 2”-6” of precipitation across the southern and eastern parts of Georgia last weekend. Additionally, increased thunderstorm activity around the state resulted in supplemental rains that deposited from .20” to 2.00” throughout the week.
The joy from the recent rains is tempered by the fact that we are still in the midst of a hydrologic drought. In a presentation at the UGA-Tifton Campus last week, State Climatologist, Dr. David Stooksbury stated that even with average precipitation for here on, we will still be in a rain deficit situation. He went on to inform us that it will take one or more tropical systems to get us caught up on precipitation. This reality has significant implications for cattlemen looking at fall and winter feeding scenarios.
For those areas that received rain, the visual improvement in pasture conditions certainly brought encouragement to cattlemen. Even so, pastures and hay fields in Georgia remain in a tenuous situation. According to the latest USDA Crop Progress Report, 74% of Georgia pastures were rated in Poor-Very Poor condition. Florida pasture conditions were almost as severe with 70% of Florida pastures rated as Poor-Very Poor. In the Southeast, Alabama achieved the very unenviable position of worst pastures with 78% rated as Poor-Very Poor. Again, California had worst pasture conditions in the country as 95% of their pastures were rated as Poor-Very Poor.
One interesting observation from a review of drought conditions is the severity of drought conditions as shown in the accompanying graph of drought conditions across the Southeastern U.S. Even though much of Georgia’s pastures are rated as Poor-Very Poor, none of the state is rated as being in a D4 (Exceptional) drought, which is the highest rating for drought conditions.
Weekly Market Report
For the week ended June 8, 2007, cattle receipts at 25 markets 16,215 compared to 19,122 last week and 12,935 year ago. Compared to one week ago, slaughter cows steady to 1.00 higher, bulls steady to 2.00 higher, feeder steers steady, steer calves mostly steady, heifers and heifer calves steady to 2.00 higher, replacement cows 1.00 to 3.00 higher. Total cattle marketings are running almost 19% for the year above where they were compared to 2006. Year to date, total cattle marketings are 282,900 vs. 238,500 for the same period in 2006 (Figure 1). Feeders under 600 pounds continue to make up the largest part of this increase (43%) as producers are early weaning calves. Slaughter cow marketings continue to run considerably above last year. Year to date slaughter cow marketings are up more than 16,000 head compared to year ago totals. Through Week 22 of 2007, more than 42,000 slaughter cows have been marketed in Georgia versus 26,000+ for the same period last year
Tuesday, June 5, 2007
Pasture and Cattle Market Update for Week Ended June 3, 2007
Weather and Crop Conditions
Pasture conditions continued to deteriorate in Georgia last week. According to the latest USDA Crop Progress Report, 90% of Georgia pastures were rated in Poor-Very Poor condition. Florida pasture conditions were almost as severe with 85% of Florida pastures rated as Poor-Very Poor. Nationwide, only California had worse conditions as 97% (this is not a typo) of their pastures were rated as Poor-Very Poor.
The weekend saw some much needed rain as Tropical Storm Barry delivered anywhere from 2”-6” of precipitation across the southern and eastern parts of Georgia. Even with the precipitation, some tractors were spotted performing tillage operations on Saturday and planters were rolling on Monday in the Tifton area following the 2” soaker.
Although it may be premature to pronounce the drought broken, the rain has certainly brought some relief and regenerated most pastures. The current weather forecast for South Georgia calls for good chances for thunderstorms most of this week.
Weekly Market Report
For the week ended June 1, 2007, cattle receipts at 25 markets in Georgia 19,122 compared to 20,081 last week and 8,952 year ago. Compared to one week ago, slaughter cows and bulls were 2.00 to 3.00 lower, feeder steers steady to 2.00 lower, heifers steady to 1.00 lower, steer calves and heifer calves 1.00 to 2.00 lower, replacement cows unevenly steady (Georgia Livestock Market News). Total cattle marketings are running 18% for the year above where they were compared to 2006. Year to date, total cattle marketings are 266,700 vs. 225,600 for the same period in 2006 (Figure 1).
Feeders under 600 pounds make up the largest part of this increase (37%) as producers are early weaning calves. It appears that as the calves are weaned, cattlemen are also liquidating some cows as slaughter cow marketings are up 25% compared to last year. Feeders over 600 pounds are also running slightly better than 25% above last year. Not surprisingly, feeder cow marketings are up only 7% compared to last year.
Reports from around the state indicate that considerable liquidation has been occurring, however, the recent rains have probably staved off additional liquidations at least for another week or so.
Pasture conditions continued to deteriorate in Georgia last week. According to the latest USDA Crop Progress Report, 90% of Georgia pastures were rated in Poor-Very Poor condition. Florida pasture conditions were almost as severe with 85% of Florida pastures rated as Poor-Very Poor. Nationwide, only California had worse conditions as 97% (this is not a typo) of their pastures were rated as Poor-Very Poor.
The weekend saw some much needed rain as Tropical Storm Barry delivered anywhere from 2”-6” of precipitation across the southern and eastern parts of Georgia. Even with the precipitation, some tractors were spotted performing tillage operations on Saturday and planters were rolling on Monday in the Tifton area following the 2” soaker.
Although it may be premature to pronounce the drought broken, the rain has certainly brought some relief and regenerated most pastures. The current weather forecast for South Georgia calls for good chances for thunderstorms most of this week.
Weekly Market Report
For the week ended June 1, 2007, cattle receipts at 25 markets in Georgia 19,122 compared to 20,081 last week and 8,952 year ago. Compared to one week ago, slaughter cows and bulls were 2.00 to 3.00 lower, feeder steers steady to 2.00 lower, heifers steady to 1.00 lower, steer calves and heifer calves 1.00 to 2.00 lower, replacement cows unevenly steady (Georgia Livestock Market News). Total cattle marketings are running 18% for the year above where they were compared to 2006. Year to date, total cattle marketings are 266,700 vs. 225,600 for the same period in 2006 (Figure 1).
Feeders under 600 pounds make up the largest part of this increase (37%) as producers are early weaning calves. It appears that as the calves are weaned, cattlemen are also liquidating some cows as slaughter cow marketings are up 25% compared to last year. Feeders over 600 pounds are also running slightly better than 25% above last year. Not surprisingly, feeder cow marketings are up only 7% compared to last year.
Reports from around the state indicate that considerable liquidation has been occurring, however, the recent rains have probably staved off additional liquidations at least for another week or so.
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