USDA Livestock Mandatory Reporting - Live Cattle and Boxed Beef Reports
This webinar series (Zoom) is open to the public. Pre-registration is required.
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Part I: Utilizing Livestock Mandatory Reporting (LMR) Live Cattle Reports
Date and Time: Tuesday, June 8, 2021, 6:00-7:00 PM CDT (7:00 – 8:00 PM EDT)
Presenters: Charlie Potts- Agricultural Marketing Service, and Dr. Stephen R. Koontz- Colorado State University, Department of Agricultural and Resource Economics Learn about Livestock Mandatory Reporting (LMR) and get answers to the most frequently asked questions USDA receives regarding LMR reports. Look at the various elements of these reports and examine the differences between the types of reports used in the cattle industry. Explore how USDA Live Cattle reports are used to manage price risks associated with domestic production. View the Speaker Bios (pdf)
Part II: USDA LMR Boxed Beef Reports- How Quality Grade Impacts Value
Date and Time: Wednesday, June 9, 2021, 6:00-7:00 PM CDT (7:00 – 8:00 PM EDT)
Presenters: Chris Sommers- Agricultural Marketing Service, and Dr. Stephen R. Koontz- Colorado State University-Department of Agricultural and Resource Economics Explore the fundamentals of the USDA Box Beef Cutout Value reports and the factors which influence these reports. Our presenters will explain concepts related to price differences between the various USDA Grades of wholesale beef cuts, dive into specific elements of the reports, such as the "Choice/Select spread" and other elements that can be used to make more informed production and marketing decisions. View the Speaker Bios (pdf)
Part III: Using LMR Reports in the Real World: An Industry Panel
Date and Time: Thursday, June 10, 2021, 6:00-7:30 PM CDT (7:00 – 8:30 PM EDT)
Panelists: Spencer Prosser- MP Agrilytics; David Trowbridge- Gregory Feedlots; and Jordan Levi- Arcadia Asset Management Hear from a panel of U.S. beef industry peers how they leverage the data in USDA’s LMR cattle reports to support decision-making and manage risk, from the perspectives of a large feed-lot company, a mid-sized cattle feeder enterprise, and a cow/calf operation. This session will conclude with a live question and answer session with the three panelists and speakers from Parts I and II of this webinar series. View the Speaker Bios (pdf)