Capital markets are essential for driving economic activity, providing mechanisms for raising funds and allocating resources efficiently, said Tobias Adrian, managing editor for the International Monetary Fund blog. In the blog, Adrian went on to say market and financial-institution stability are, therefore, very critical, especially when market volatility and economic uncertainty are high, as they … Read More
Author: Lester Aldrich
Economist Warns Against Meat Demand Complacency
Amid the continued high consumer demand for beef that has surprised many, investors should be aware that public financial sentiment matters, said Glynn Tonsor, agricultural economist at Kansas State University, in a commentary for the Livestock Marketing Information Center. Things can change quickly. SENTIMENT DECLINING Friday, April 11,, the University of Michigan released … Read More
Funds Reduce Net Long Live Cattle Position
For the second straight week, managed money, a moniker for large commodity index firms, divested themselves of their net long live cattle futures positions. In reporting the activity of major trader classifications in its weekly Commitments of Traders report Friday, the Commodity Futures Trading Commission said cattle owners, or commercial traders, covered many of their … Read More
Global Trade Uncertainty Lowers Import, Export Forecasts
February US beef exports were 227 million pounds, 7% lower year over year, the USDA said in its monthly Livestock Dairy and Poultry Outlook report Wednesday. Monthly exports to China, Mexico, Taiwan and Japan were lower year over year, the USDA said. Exports to Canada were up 3 million pounds from last year, nearly 17%, … Read More
KC Fed President Concerned About Inflation
Kansas City Federal Reserve President Jeffry Schmid told the Secured Finance Network’s Independent Finance Roundtable in Kansas City recently that he was concerned about the possibility of inflation in the US. “The recent tariff announcements have elevated economic uncertainty and have coincided with a decline in consumer sentiment and increases in near-term inflation expectations,” Schmid … Read More
Canada Cattle On Feed Down Faster Than Normal
Feedlot populations on April 1 in Alberta and Saskatchewan continued their seasonal monthly decline although the pace of the decline is greater than the 2019-2023 average and last year. CanFax, a part of the Canada Cattlemen Association, surveys member feedlots monthly in the two provinces for a variety of data points about their operations. The … Read More
Managed Money Negates Part Of Net Long Cattle Position
Large commodity index funds, or managed money, negated part of their net long live cattle futures position in the week ended Tuesday as cattle owners covered a portion of their total net short position. The Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday provided the details. FUNDS ADD SHORT POSITIONS Tuesday, … Read More