US Pork Facing Challenges, Opportunities

The US pork industry will face challenges in coming months, but will have trade opportunities at the same time as uncertainty in global markets opens and closes doors. That was a key part of the latest “Pork Quarterly report from RaboResearch, a division of Rabobank.  The US/China trade dispute was expected to distort markets and … Read More

Funds Keep Selling Cattle

Large commodity investment funds, called Managed Money, continued to reduce their net long live cattle position in the week ended Tuesday while producers kept trimming their collective net short position. The Commodity Futures Trading Commission said in its weekly Commitments of Traders report Friday that managed money’s new live cattle futures position Tuesday was 22,656 … Read More

Beef Demand Holding Strong Thus Far

US beef demand is holding up pretty well so far this year, but it has to with more beef being produced and more to come. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, said in the Extension Service newsletter that the ratio of the retail beef price to pork and broilers continues to hold … Read More

2018 Per Capita Meat Consumption Seen Higher

The USDA’s National Agricultural Statistics Service and Economic Research Service expect US total per capita red meat and poultry consumption this year to be about 218.11 pounds with year-on-year gains in all major meat categories. The data was gathered from the two agencies and compiled by the Livestock Marketing Information Center.  It showed that USDA … Read More

German Study Instructive For US Beef

A German consumer survey about pork purchases may be instructive for cattle producers by providing insight into the consumer psyche. When purchasing pork, consumers appeared very interested in information about individual farms where the pigs were kept, animal health and welfare.  They seem willing to pay more for this information, even if they didn’t read … Read More

USDA Trims 2018 Beef Production Forecast

Monday’s monthly USDA Livestock, Dairy, and Poultry Outlook reduced its beef production forecast for first-half 2018 on an expected slower pace of fed cattle slaughter and lighter cattle weights. More fed cattle were expected to be slaughter and at heavier weights in the second half of 2018, annual beef production was pared about 50 million … Read More

Funds Give Up More Long Cattle Position

Large commodity investment funds, called managed money, gave up more of their collective net long live cattle futures position during the week ended Tuesday, taking their position to its lowest point in more than a year. The Commodity Futures Trading Commission, in its weekly Commitments of Traders report, also said commercial traders, those who own … Read More