It looks like beef demand is holding steady, said Derrell Peel, Oklahoma State University Extension livestock marketing specialist, in a newsletter to Extension agents called Cow-Calf Corner. “Demand” considers retail prices as well as the quantity of consumption, Peel said. “The all-fresh retail beef price in October was $7.25 a pound, down slightly from $7.32 … Read More

Total red meat supplies in freezers on Oct. 31 were down about 4% from the previous month but up about 11% from last year, the USDA’s National Agricultural Statistics Service said in its monthly Cold Storage report Tuesday. Frozen pork supplies were down about 5% from the previous month but up about 16% from last … Read More

The wholesale value of boxed beef remains elevated by historical standards but is below last year where it may stay. USDA Agricultural Marketing Service data compiled and graphed by the Livestock Marketing Information Center in Denver showed last week’s weekly negotiated boxed beef cutout value for choice 600- to 900-pound carcasses to be $263.27 per … Read More

Large commodity index funds, known as managed money, Tuesday had a lower collective net long live cattle futures position than they had a week earlier as hedgers trimmed their total net short position for the third straight week. The data came from the weekly Commitments of Traders report Friday from the Commodity Futures Trading Commission. … Read More

All sectors of the cattle and beef industry have evolved significantly over time, and many producers feel left out of a true market for their cattle. Addressing those feelings, Agricultural Economists Derrell Peel from Oklahoma State University and John Anderson of the University of Arkansas, penned an article for the Livestock Marketing Information Center discussing … Read More

Cattle feeders need an ongoing understanding of the relationship between corn and Dried Distiller’s Grains in cattle rations and how the relationship affects profitability, said Brenda Boetel, agricultural economist at the University of Wisconsin, in a Livestock Marketing Information Center letter to Extension agents called In The Cattle Markets.   A LOOK AT PRICES   … Read More

So far in 2022, beef exports have increased over 2021’s record levels, but they are facing headwinds, said Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel, in a letter to Extension agents called Cow-Calf Corner.   SEPTEMBER DATA WORRISOME   The January – September period has total beef exports up 4.6% year over year, … Read More