January Beef, Pork Exports Off To Good 2018 Start

January exports of US beef and veal were significantly higher than the large totals of a year ago while pork exports were steady in volume and increased in value, according to data released by the USDA and compiled by the US Meat Export Federation. Beef exports totaled 105,486 tonnes in January, up 9% from a … Read More

Funds Trim Cattle Holdings

Large commodity investment funds, called managed money, lowered their collective net long live cattle futures position for the second straight week as of Tuesday as producer types cut their net short position. The data came in the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday for the week ended Tuesday.  In the report, … Read More

USDA Lowers 2018 Meat Production Estimate On Beef

The USDA’s 2018 forecast for total red meat and poultry production was moved fractionally lower than last month’s estimate, as projected lower beef production more than offset higher pork and turkey production. The estimates were made in the USDA’s monthly World Agricultural Supply and Demand Estimates report Thursday where estimated cattle and hog prices for … Read More

Price Challenges Loom Over Cattle Markets

The cattle market is fraught with risk, posing challenges to producers as well as opportunities for profit, but challenges seem to overshadow opportunities in the current market. Agricultural Extension Economist Andrew Griffith of the University of Tennessee writes in the latest “Tennessee Market Highlights” that another challenging time is approaching as it relates to markets … Read More

Spring Cattle High Approaching

The spring high in fed cattle prices likely isn’t in yet, although it could be close – or not, depending on beef demand, and the frost on that window is thick. Recent stability in wholesale beef prices and a large number of cattle on feed have some wondering whether the spring fed cattle high is … Read More

December Kansas Feedlot Marketings Jump

Kansas feedlot sales to packers, or closeouts, in December moved higher as expected, continuing the general trend of following the 2016 monthly pace. The Kansas State Extension Service polls select feedlots around the state each month for data concerning the prior month’s activities, and the Livestock Marketing Information Center extrapolates and graphs the data to … Read More

Funds Tinker With Cattle Position

Managed money, or large commodity investment firms, pared their net long live cattle position during the week ended Tuesday, said the Commodity Futures Trading Commission in its weekly Commitments of Traders report Friday. Managed money’s new net long live cattle position totaled 102,549 contracts Tuesday, down 729, or 0.71%, from 103,278 the previous Tuesday.  This … Read More