Kansas feedlots appear to be doing a better job of staying current with their sales to packing plants, or marketings, than they did last year. A monthly Extension Service survey of select, representative feedlots in Kansas during August shows that they were selling cattle for slaughter at consistently lighter weights than last year or the … Read More
Author: Lester Aldrich
Funds Nudge Net Long Cattle Position Higher
Large commodity funds, or managed money, nudged their collective net long live cattle futures position higher for the fourth straight week in the week ended Tuesday while commercial traders boosted their net short position for the third week. The Commodity Futures Trading Commission said in its weekly Commitments of Traders report that managed money’s new … Read More
China Reforming Corn Production, Demand Policies
China is making reforms to its corn production and demand programs that could squeeze the availability of corn in just a few years, said the USDA’s Foreign Agriculture Service in a “Gain Report” near the end of September. “Over the summer, there have been several announcements that could impact the grain sector, particularly for corn,” … Read More
Wheat Pasture Offers Managed Cow Grazing
Assuming more fall rainfall comes to the Southern Plains, wheat pasture again will be a key source of protein and some energy for many area cow herds, said Oklahoma State University Emeritus Extension Animal Scientist, in the university’s Cow/Calf Corner. But the management needs will go up. If that rainfall occurs, wheat grazing usually will … Read More
Choice/Select Beef Spread Widening Seasonally
The weekly average difference between wholesale prices for choice and select beef is widening and has a habit of widening even more until mid-December. That difference, called the choice/select spread, had a 2011-2015 average weekly bottom date in the first week of August at $4.93 per cwt. Last year, the bottom came later, in the … Read More
Slow Developing Wheat Pasture Near Ready For Calves
Wheat pasture has developed relatively slowly in Oklahoma this fall, despite the early potential that seemed to exist after the cool, wet August, said Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel, in the “Cow/Calf Corner” Extension newsletter. USDA’s National Agricultural Statistics Service reported that 16% of Oklahoma wheat was planted by the last … Read More
Funds Boost Long Cattle Position
Large commodity investment funds, called managed money, boosted their net long live cattle futures position in the week ended Tuesday for the third straight week. At the same time, commercial traders advanced their net short position for the second week. The Commodity Futures Trading Commission said in its weekly Commitments of Traders report Friday that … Read More