Frozen Red Meat Stocks Decline; Poultry Stores Mixed

Total red meat supplies in US freezers on Nov. 30 were down about 2% from October and down about 4% from last year, according to the monthly Cold Storage report from the USDA’s National Agricultural Statistics Service Wednesday. Total pounds of beef in freezers were up about 4% from October but down about 4% from … Read More

Beef Buyers Getting More Price Conscious

It looks like domestic and foreign beef buyers are becoming more price conscious, and the trend could continue into 2022, market analysts say. But the data isn’t a straightforward corridor.  The figures offer many doors into which the 2022 beef market might dive, and a look ahead could miss seeing an important doorknob in that … Read More

Dec. 1 Canada Feedlot Populations Up From 2020, Average

The number of cattle populating Canadian feed yards on Dec. 1 was up from a month earlier, a year earlier and the 2015-2019 average, according to data from CanFax, a private market information group. CanFax surveys its members in Alberta and Saskatchewan and shares the total on feed and monthly feedlot placement numbers with the … Read More

Funds Take On More Long Cattle Positions

Large commodity index funds, called managed money, increased their collective net long live cattle futures position in the week ended Tuesday to its largest point in three months as hedgers took their net short position out as far. The data came from the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday.   FUNDS … Read More

US/Canada Beef Cattle Trade Calmed By Cargill Settlement

Given the level of beef and cattle trade between Canada and the US, producers in both countries should be relieved by the labor settlement at Cargill’s High River plant in Alberta, said Brenda Boetel, agricultural economist at the University of Wisconsin-River Falls, in a Livestock Marketing Information Center letter to Extension agents called In The … Read More

ERS Makes Minor Adjustment To Beef Production Estimate

November cattle slaughter was higher year over year, attributable to having one additional slaughter day and a faster weekly average pace of fed cattle slaughter the USDA’s Economic Research Service said Wednesday in the monthly Livestock, Dairy, and Poultry Outlook. Likewise, the pace of non-fed, weekday cattle slaughter was higher but lower on Saturdays, the … Read More

October Kansas Feedlot Closeouts Down

Sales of slaughter-ready cattle from Kansas feedlots declined in October from September, following last year’s movement and totaling slightly more than the 2015-2019 average, according to data collected by the Kansas State University Extension Service and compiled by the Livestock Marketing Information Center in Denver. The LMIC calculates the data into a form that represents … Read More