A large portion of the US cattle inventory is in an area experiencing drought, which is likely affecting the timing of placements of feeder cattle in feedlots, said the USDA’s Liv A large portion of the US cattle inventory is in an area experiencing drought, which is likely affecting the timing of placements of feeder … Read More

A study by university economists about beef demand presented to the Cattlemen’s Beef Board is instructive for assessing overall beef demand and changes to demand over time. Economists Glynn Tonsor and Ted Schroeder, both of Kansas State University along with Jayson Lusk at Purdue University outlined the project’s objective to provide a muti-faceted assessment of … Read More

Changes in US monetary policy over the last decade have potential implications for investors and their inflation expectations, said Taeyoung Doh, senior economist, and Amy Oksol, both of the Kansas City Federal Reserve, in a study released Tuesday. During the financial crisis and Great Recession of 2007–09, the Federal Reserve’s conventional policy tool, the nominal … Read More

Rising pork production around the world, particularly in China and the US, could cut into US hog prices as supply outweighs demand. The extra meat on world markets then could cut into beef and cattle prices and could even back up chicken markets. China is building its hog production capacity with very large farrow-to-finish operations … Read More

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

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

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