Following a record-breaking March performance, US beef and pork exports continued to build momentum in April, according to data released by USDA and compiled by the US Meat Export Federation. “Looking back at April 2020, it was a difficult month for red meat exports as we began to see COVID-related supply chain interruptions and foodservice … Read More

Large commodity investment funds, known as managed money, increased their collective net long live cattle position during the week ended Tuesday as hedgers increased their net short positions. The information came from the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday.  In both cases, the moves reversed the previous week’s declines in collective … Read More

The USDA’s latest forecast for 2021 US red meat and poultry production was raised from last month as higher forecasts for beef, broiler and turkey production more than offset lower pork production estimates. The new predictions came in the monthly World Agricultural Supply and Demand Estimates report Thursday. The 2022 red meat and poultry production … Read More

Cattle feeders probably would be OK with fed cattle prices where they are if corn prices would soften somewhat, said Andrew Griffith, University of Tennessee livestock economist, in a newsletter called Tennessee Market Highlights. Fed cattle prices have been unusually steady lately, trading in a narrow range for about five weeks, disappointing cattle feeders who … Read More

Earlier this year, the USDA’s Risk Management Agency changed its Livestock Risk Protection insurance allowing covered producers to collect indemnity payments if they sell insured cattle within the last 60 days of coverage, and it pays to know the implications of the change. The analysis was covered by Matthew Diersen, risk and business management specialist … Read More

Kansas feedlots sold fewer slaughter-ready cattle to beef packers in April than they did in March, following 2020’s, COVID-related drop, according to data collected by the Kansas State University Extension Service. The data is collected from select, representative feedlots around the state and sent to the Livestock Marketing Information Center in Denver to be extrapolated … Read More

Managed money, a term for large commodity investment firms, lowered their total net long live cattle futures position during the week ended Tuesday, the Commodity Futures Trading Commission said Friday in its weekly Commitments of Traders report. Cattle hedgers, called commercial traders, are those who own, or will own, the cattle at some point in … Read More