Cattle Market Outlooked by ISU Economist
Farm outlook released by Jim Frier cites Gene Futrell warning of weak late July live cattle prices despite strong demand. He notes a likely $2 plus drop in the next two months, with steer prices above $33 per cwt through December. July 1 cattle on feed totals show 12.5 million head in 23 states, up 14 percent year over year, Iowa at 17 million with a 4 percent gain. Marketing intentions call for 9 percent more fed cattle in Q3.
MENTIONED IN THIS ARTICLE
Gene Futrell
Iowa State University Extension Outlook
USDA
Iowa
Dee Potsanders Missouri trip and local visits noted
Keota residents Dee Potsander and family returned from a four day Missouri trip visiting Butler Appleton City Rockville Osceola and Eldorado Springs. They toured Truman Library and local sites including a battle monument and African Lion Safari. Several Keota residents hosted guests and news covers weddings moves and farewells in the area.
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Paul Sievert Keota
Dee Potsander
Sharon
Angela
Benford Thompson
Missouri
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Truman
Independence
Monegan
Roscoe
Benford
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Bagwell Dam
Merle Kessel
Mark
Miami, Fla
Maude Walton
Iowa City
Red Barn
Beef demand pushes cattle prices higher in Midwest market
Prices for choice steers in the Iowa-Southern Minnesota area ranged 36.50 to 37.50 per hundredweight amid stronger consumer demand for beef. An economist noted higher cattle prices reflect demand gains while beef by products may weaken if hide exports tighten. A separate Des Moines report announced a $29,000 U S grant for Kirkwood Community College to study enrollment and population trends affecting Iowa's 15 area vocational technical schools and community colleges.
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Des Moines
UPI
State Department of Public Instruction Today
Iowa
Kirkwood Community College of
Cedar Rapids
U.S
Kirkwood
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