Funds Keep Buying Cattle, Corn

Large commodity funds, known as managed money, increased their collective net long live cattle futures position in the week ended Tuesday as producer types extended their net short position. The Commodity Futures Trading Commission’s weekly Commitments of Traders report showed that managed money’s new net long cattle position was 94,054 contracts, up 7,966, or 9.25%, … Read More

WASDE Raises Poultry Production Forecast, Cuts Red Meat

The USDA’s World Agriculture Outlook Board Thursday raised its 2018 forecast for total US red meat and poultry production from last month. Higher forecasts for broiler production more than offset lower beef, pork and turkey production, according to the World Agricultural Supply and Demand Estimates report.   BEEF PRODUCTION SEEN LOWER   The 2018 US … Read More

US Beef Exports Set Value Record; Pork Sees Volume Peak

Last year set records for US red meat exports with beef value and pork volume setting record highs, according to USDA data. The US Meat Export Federation compiled the data that showed beef export value exceeding $7 billion for only the second time and pork exports easily surpassing the 2016 volume record.   BEEF   … Read More

December Kansas Feedlot Marketings Up

If Kansas feedlot managers followed the trend in fed cattle sales to packers in January, the sales number will be down from December. Kansas feedlot managers made up for lost sales to packers in October with a rebound in November and a sharp rise in December that mimicked the December 2016 jump. The Kansas State … Read More

Calf, Feeder Cattle A Tale Of Two Markets

The calf and feeder cattle markets are a tale of two markets, according to University of Tennessee Extension Agricultural Economist Andrew Griffith. Writing in the weekly “Tennessee Market Highlights,” Griffith said the story of calf and feeder cattle markets really are two separate affairs – futures and cash.   FEEDER CATTLE FUTURES VOLATILE   The … Read More

Funds Reinvesting In Cattle

Large commodity investment funds, known as managed money, continued to reinvest in live cattle futures during the week ended Tuesday, advancing their net long position to 86,088 contracts from 80,039 the previous week.  This is a gain of 6,049 contracts, or 7.56%. The data came from the Commodity Futures Trading Commission’s weekly Commitments of Traders … Read More

Cattle Producers Advised To Test Forage

Cattle producers are advised to test their forage to improve their ability to meet cow nutritional requirements. A Kansas State University Extension publication said analytical forage testing occasionally is viewed by cattle producers as an exercise with limited practical application, generating numbers only a nutritionist can discern. However, practical application is the fundamental reason for … Read More