Feedlot Placement Weights Show Seasonal Patterns

The last two Cattle on Feed reports by the USDA’s National Agricultural Statistics Service have shown rather large placements of animals on feed relative to a year earlier, according to the Livestock Marketing Information Center’s newsletter to Extension staff called Livestock Monitor. In July and August, the number placed on feed was the largest in … Read More

Kansas Feedlots Continue Selling Fewer Cattle

Kansas feedlots in August continued July’s month-over-month trend toward selling fewer cattle to packer buyers, bringing the number back in line with last year’s August pace. Data is drawn from selected feedlots each month by the Kansas State University Extension Service and then compiled and extrapolated by the Livestock Marketing Information Center in Denver, CO.  … Read More

Beef Trade Continues Impressive Performance; Economist

US beef trade continued its impressive performance of recent months in the latest monthly trade data for August, said Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel in a letter to Extension agents called Cow/Calf Corner. Total monthly US beef exports were up 9.0% with a year to date total up 14.2% year over … Read More

Funds Back Away From Cattle

Large commodity investment funds, called managed money, backed off from their recent trend toward getting longer live cattle futures during the week ended Tuesday and trimmed their collective net long position. The Commodity Futures Trading Commission said in its weekly Commitments of Traders report Friday that as of Tuesday, managed money’s new net long cattle … Read More

WASDE Lowers 2018 Meat, Poultry Production

The USDA’s World Agricultural Supply and Demand Estimates report Thursday forecast lower 2018 total red meat and poultry production from last month. Total 2018 red meat and poultry production was estimated at 102.607 billion pounds, down 477 million, or 0.47%, from 103.084 billion in the September report. Next year’s total red meat and poultry production … Read More

August US Beef Exports Set Records; Pork Value Slips

US beef exports set new records in August with export value topping $750 million for the first time, according to the US Meat Export Federation, which compiled data released by the USDA. August pork exports were fairly steady with last year’s volume, but retaliatory duties in key markets continued to pressure pork export value, the … Read More

Steer Prices Following 2017 Trend

Heavier feeder steer prices are following last year’s trend very closely and could peak seasonally any time within the next few weeks. USDA-Agricultural Marketing Service data compiled by the Livestock Marketing Information Center shows prices for 700- to 800-pound Southern Plains medium and large No. 1 feeder steers to be moving upward from this year’s … Read More