The latest USDA Cattle on Feed report showed feedlot inventories at 11.505 million head on Feb. 1, down 1.8% year over year and the 15th straight month of declining feed inventories, said Derrell Peel, Oklahoma State University Extension livestock marketing specialist, in a letter called Cow-Calf Corner. January placements were down 4.7% year over year … Read More
Author: Lester Aldrich
Funds Expands Net Long Live Cattle Position
Large commodity index funds, known as managed money, expanded their collective net long live cattle futures position during the week ended last Tuesday, Feb. 24, as cash cattle traders enlarged their total net short position. The data dame from the weekly Commitments of Traders report Friday from the Commodity Futures Trading Commission. FUNDS TAKE … Read More
Sterile Fly Facility Offers Hope Of Screwworm Control
The opening of the sterile fly dispersal facility in Edinburg, Texas, in mid-February marked a major step forward in the control of New World Screwworm, Cochliomyia hominivorax, said Dr. Rosslyn Biggs, DVM and Oklahoma State University Extension beef cattle specialist, in a letter called Cow-Calf Corner. The facility is intended to allow the USDA to distribute millions … Read More
Frozen Red Meat Stocks Mixed
Total red meat supplies in freezers on Jan. 31 were up about 3% from the previous month but down about 2% from last year, according to the USDA’s monthly Cold Storage report. Total frozen poultry supplies on Jan. 31 were up about 3% from the previous month but down about 3% from a year ago. … Read More
Farmland Values Firm; Farm Finances Deteriorate
Despite gradual deterioration in farm financial conditions over the past year, agricultural real estate values in the 10th Federal Reserve district remained strong, according to a survey by the Kansas City Federal Reserve Bank. According to survey respondents, farm income declined at a pace similar to the previous year and liquidity was tight for a … Read More
US, Brazil Soybean Production Issues Compared
With the US Supreme Court’s ruling that President Trump exceeded his power by implementing tariffs on many countries and products, concern has risen that China may not live up to its agreement to buy US beans because Brazil’s were much cheaper. And, Brazil’s rise as a dominant force in global soybean markets has become a … Read More
FAS Forecasts Lower 2026 Chinese Beef Imports
The USDA-Foreign Agricultural Service in Beijing, China, last week forecasted lower Chinese beef imports in 2026 as China implements a tariff-rate quota framework safeguard measure that caped import volumes amid continued weak demand. The forecast came in a semi-annual livestock and products report that was posted on the USDA website. The FAS office also forecasted … Read More