CattlePulse

Elijah Griles

We cover stories about Virginia’s cattle industry and the economics and market trends that affect them. CattlePulse provides regular market updates about Virginia feeder cattle sales, includes timely, relevant production advancements, and offers interviews with farmers and industry professionals.

  1. 6d ago

    The Screwworm Is Back

    Feeder cattle futures took a sharp turn this month, as markets reacted to a major animal health development — and drought concerns continue to weigh on producers. In this episode, host Elijah Griles breaks down the New World Screwworm detection in Texas, what it means for markets and trade, and the latest Cattle on Feed report. Plus, Elijah shares an update on Virginia drought conditions and local cash markets. In this episode: Feeder cattle futures have been volatile — August at $349/cwt and September at $346/cwt, both down roughly 5% month-over-month before rebounding on news of a New World Screwworm detectionUSDA confirmed New World Screwworm in a Texas calf, triggering a 12-mile infestation zone and increased surveillance along with continued sterile fly dispersalThe May Cattle on Feed report showed 11.6 million head on feed, up 2% year-over-year — the first increase in 18 months, with placements up 6% and marketings down 10%Drought is impacting more than 70% of the U.S. cattle herd, raising questions about expansion and increasing feed, hay, and water costsBeef demand remains strong despite record prices — retail beef averaged $9.64/lb. in April, while demand is up 7% year-over-year and 39% over the past seven yearsVirginia drought conditions persist: 25% of the state is in extreme drought and 59% in severe drought, with limited relief in the near-term climate outlookVirginia feeder calf prices softened slightly — the six-market average came in at $461/cwt, down 1.7% from last monthMarket outlook hinges on competing pressures: tighter supplies vs. drought-driven early sales and reduced buyer demand Resources mentioned: USDA APHIS updates on New World ScrewwormUSDA Cattle on Feed Report (May 2026)Livestock Market Information Center (LMIC) beef demand dataU.S. Drought MonitorNOAA Climate Prediction Center outlook Event mention: Virginia Beef Cattle University — July 8–10 Register at: vabeefcattleu.com CattlePulse is produced by Virginia Farm Bureau. Have a question or topic suggestion? Email Elijah at elijah.griles@vafb.com.

    10 min
  2. May 11

    Enjoy It While It Lasts

    Feeder cattle prices are at historic highs — but challenges are mounting. In this month's episode, host Elijah Griles breaks down the latest futures markets, unpacks what a softening choice-select spread could mean for beef demand, and shares drought conditions across the Commonwealth. Plus, Elijah talks with Gene Copenhaver, newly elected president of the National Cattlemen's Beef Association and a Washington County native at the Virginia Beef Expo. In this episode: Feeder cattle futures are trading in the low $370s, with May at $372, August at $373, and September at $371 — all up roughly 1% from a month agoThe April Cattle on Feed report showed 11.6 million head on feed as of April 1st, down 1% from a year ago, with placements down 7% and marketings down 6%Heifers on feed came in at 37.3% — slightly above the 20-year average — with a downward trend over the last 2–3 years that may signal early heifer retentionThe choice-select spread has narrowed significantly in 2026, hovering between $0–$10 and even turning negative at points, raising questions about softening consumer demand for higher-quality beef grades80% of Virginia is in severe drought, with 18% of the state in extreme droughtVirginia feeder calf prices surged again — the six-market average for 500 lb. Medium & Large #1 steers hit $469/cwt, up 3.1% from last month, with Winchester approaching $500/cwtNCBA President Gene Copenhaver shares his priorities: supporting the next generation of cattle producers, easing farm transition costs, and navigating the ongoing drought and border reopening questions Resources mentioned: Kenny Burdine's Cattle Market Notes weekly newsletter (University of Kentucky)USDA Cattle on Feed Report (April 2026)NOAA Climate Prediction Center May outlookU.S. Drought MonitorAgriStress helpline: call or text 833-897-2474 CattlePulse is produced by Virginia Farm Bureau. Have a question or topic suggestion? Email Elijah at elijah.griles@vafb.com.

    15 min

About

We cover stories about Virginia’s cattle industry and the economics and market trends that affect them. CattlePulse provides regular market updates about Virginia feeder cattle sales, includes timely, relevant production advancements, and offers interviews with farmers and industry professionals.

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