Kansas Feedlots Holding Cattle Longer

Kansas feedlot managers are holding cattle on feed longer, raising weights, even as the percent grading choice declines seasonally. A spot survey of select feedlots around the state and extrapolated to estimate the goings-on at all of the state’s feedlots shows that cattle sold to packers in September averaged 169 days on feed.  The survey … Read More

Funds’ Long Cattle Position Hits Four-Month High

Large commodity investment funds, known as managed money, extended their collective net long live cattle futures position to its largest since the week ended June 20, according to data from the Commodity Futures Trading Commission. The CFTC data was made public Friday in its weekly Commitments of Traders report, which said managed money’s new net … Read More

Pork Pushes Weekly Red Meat Production

Total weekly US red meat production is up this year, and the award for carrying more than its share of the load goes to pork.  Beef also is contributing but to a lesser extent. Last week, total meat production was pegged at 1.044 billion pounds, up 1 million, or 0.10%, from 1.045 billion the previous … Read More

Preparing For Brexit

As a British exit from the EU marches onward, it sometimes fades from the general consciousness, but planning on doing business in a post-exit world is something all US industry should be doing. In that vein, Agrimoney prepared a white paper on preparing for business after the Brexit.  The following are some highlights of that … Read More

Dairy Cattle Effect On Beef Supplies

Dairy cattle slaughter is a vital contributor to US beef supplies, said Jared Geiser, research assistant, and Brenda Boetel, extension agricultural economist at the University of Wisconsin-River Falls. The pair made their comments in the “In The Cattle Markets” newsletter for the Livestock Marketing Information Center. With fluctuating beef cow inventories over the past decade, … Read More

Feeder Cattle Demand Remains Strong

The current run-up in feeder cattle futures prices to new contract highs illustrates the strong demand for the calves in the country. Since making a swing low of $150.00 per cwt on Oct. 23, the Nov futures contract has shot up to Monday’s contract high of $160.30, surpassing the previous contract high of $158.02 set … Read More

Funds Further Advance Long Cattle Position

Large investment funds, called managed money, further advanced their net long position in live cattle futures during the week ended Tuesday to its largest point since the week ended July 18. The announcement came Friday from the Commodity Futures Trading Commission in its weekly Commitments of Traders report. The CFTC said managed money’s new live … Read More