Large commodity investment firms, called managed money, trimmed their collective net long live cattle futures position in the week ended Tuesday but did not cross the line into being net short. The data came from the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday. Managed money’s new net long live cattle position Tuesday … Read More

Underpinned by record production, US pork exports completed a tremendous first quarter with new March records for volume and value, according to data released by the USDA and compiled by the US Meat Export Federation. Beef exports also trended higher year-over-year in March, establishing a record first quarter pace, the USMEF said in a release. … Read More

Disparities between wholesale beef and fed cattle prices have led to calls for greater protectionist policies, but they may not help cattle producers, said a university economist Monday. University of Wisconsin Economist Brenda Boetel, writing a letter to Extension Agents for the Livestock Marketing Information Center in Denver called In The Cattle Markets, said limiting … Read More

Commodity prices declines, supply chain disruptions, and coronavirus concerns pressured producer attitudes in the monthly Purdue University/CME Group Ag Economy Barometer to a three-year low in April, said a Purdue University release. The barometer recorded a reading of 96, marking the first time it has fallen below 100 since October 2016 and was 72 points … Read More

The percentage of choice and prime beef carcasses coming out of packing plants is way above average even though the number of cattle being slaughtered and processed is way down, USDA data showed. The USDA said that 10.2% of the cattle slaughtered in April yielded a prime-grade carcass, which was higher than the entire first … Read More

Large commodity index funds, called managed money by traders, increased their marginal collective net long live cattle futures position in the week ended Tuesday, according to the Commodity Futures Trading Commission. The Commission’s weekly Commitments of Traders report Friday showed that managed money had a net long cattle position of 4,464 contracts, up 2,658, or … Read More

While COVID-19 commands the news space, and cattle back up all the way to the cow/calf producer, Agricultural Economist Elliot Dennis urged producers to figure if the cost of adding weight to feeder cattle was worth it. In a letter to Extension agents from the Livestock Marketing Information Center called In The Cattle Markets, Elliot … Read More