Tag Archives: Brad Kooima

Brad Kooima talks about the six plus hour NCBA Live Cattle Marketing Committee meeting during the NCBA summer business meeting.  He talks on the compromise and how ti will effect the cattle producer.  At times the vote was so close they didn’t know which way it would go to represent the cattle industry.

 

  • More bullish on cattle then in the past couple of weeks
  • Cattle coming around
  • Could be less cattle this fall then compared to previous years
  • August 5, 2019 $107.80 not far off from where we are today
  • Weeks…not months to getting caught up.
  • Cash will grind higher the next couple of weeks
  • Packers are willing to take on inventory.
  • COVID & retail trade & exports are amazing.
  • Hogs on the other hand struggle. Another gut punch to the trade
  • Pork product not doing well, which makes the cash market struggle
  • Export hogs are good, just need to get the short term to catch
  • Grains-we will get another round of crop rating.
  • We need to shift from supply to demand.
  • Massive exports to China

 

  • JBS employees walk off the job on Friday
  • Decent cash cattle sales last week
  • More optimism on the cattle
  • First time in 8 weeks cash is higher than formulated
  • Boxed beef could see some slipping again this week
  • Exports not great this time of year anyways for cattle but good for hogs
  • Deferred cattle are undervalued
  • Hogs-weights have been coming down on the hogs.
  • Rained more than many had expected
  • Weather is taking center stage for corn & beans