![]() Date of birth is not required for open entries. All junior livestock exhibitors must provide their date of birth.Please reference the late entry document (click here) to see if you can make late entries into the division you are wanting to enter. Late entries must be emailed to Barb Prince, Entry Department Upon receipt of the email the entry department will make contact to secure credit card information. Late entry fees will be charged ($75.00) beginning June 21 and late entries will be accepted through July 15.Entries will be locked automatically at 1 p.m. Please allow time to complete the entry process, as the system will shut down at 12:59 p.m.This form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.Livestock Competition Information Online entry helpful hints Spam protection has stopped this request. Posted by Smith at 5:04am September 13, 2021 Arkansas feeder cattle prices are seasonally lowest in December (98.6). steers are seasonally high during the March (101.6) and August (101.2) feeder cattle markets. In Arkansas, feeder steer prices follow the annual average price more closely. ![]() Heavier feeder cattle have a more subtle seasonal pattern (Figure 2). The seasonal pattern in Figure 1 is consistent with prices declining during the fall calf market due to a large supply of calves. Prices are seasonally at their lowest in September, 94.6 percent of the annual average. Prices average 6 percent above the annual average in March and remain above the annual average through May before declining during the summer months. Blue lines that are farther apart means that there is more variability in our estimated price index.įigure 1 depicts a clear seasonal pattern for 500-600 lb. The dotted blue lines in each figure provide a statistical range that we would expect the average price index to fall within 68 percent of the time. Similarly, an index value of 98 in December means that December prices average 98 percent of the annual average price or 98-100=2 percent below the annual average.įigures 1 and 2 plot the 10-year average price index (red line) for 500-600 lb. For example, an index value of 106 in August means that August prices average 106-100=6 percent higher than the annual average price. The index value for a specific month is the percentage deviation in that month’s average price from the annual average price. Each value in the price index gives the relationship between average prices for a specified month compared to the annual price average. Most seasonal price indices are monthly indices. One way to examine price seasonality is to estimate a seasonal price index. The tendency for supply and demand fundamentals to change each year in a repeatable fashion gives rise to cattle price seasonality. For example, peak seasonal beef demand occurs between Memorial Day and Labor Day during grilling season. As consumers change their eating habits throughout the year, demand will fluctuate seasonally. Because of this, we observe an ample supply of calves in the fall. In the U.S., most calves are spring-born and fall-weaned. Beef cattle production involves biological lags between initial production decision and realized output (e.g., gestation period), which drives seasonal supply variation. Price seasonality arises from seasonal variability in supply and demand fundamentals. ![]() The price pattern that we will focus on in this article is price seasonality. Cattle producers can exploit these systematic price patterns to anticipate future price fluctuations and plan accordingly. Three types of systematic price behavior are trends, cycles, and seasons. Details are limited at the time I write this.Ĭattle prices exhibit systematic and random variation through time. News broke early Monday morning that there was a fire at the JBS plant in Grand Island, Nebraska. – James Mitchell, Livestock Marketing Specialist, University of Arkansas
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