For the seventh straight week, managed money, or large commodity investment funds, cut their net long live cattle futures position, bring it down to the lowest point since the week ended March 14. The Commodities Futures Trading Commission said in its weekly Commitments of Traders report Friday that for week ended Tuesday, managed money’s new … Read More
Calf Market Could See Rising Supplies
Although many spring-calving producers likely will not market their calves for another month or two, a few more feeder cattle than normal could hit the market during August and September, says a Mississippi State University agricultural economist. Brian Williams, writing this week’s In the Cattle Markets for the Livestock Marketing Information Center, said much of … Read More
Calf, Yearling Prices Near Year Ago
US calf and yearling prices are similar to a year ago after rebounding strongly from the dismal prices of October and November last year amid stronger-than-expected fed cattle prices and feedlot profits. In the Southern Plains, yearling prices (700- to 800-pound steers) averaged below a year earlier during the first three months of 2017 and … Read More
Kansas Feedlots Boost June Marketing Rate
Kansas feedlots sold more cattle to beef packers in June than they did in May, but totals moved still remained below last year, according to data collected by Kansas State University. The KSU Extension Service collects feedlot data from selected feedlots. The data then is extrapolated to give a representative view of the whole state, … Read More
Pew Urges More Meat Safety Interventions
Wider use of evidence-based food safety interventions on farms and feedlots would reduce significantly the risk of people getting sick from contaminated meat and poultry, says a report by the Pew Charitable Trusts. The report, “Food Safety From Farm to Fork,” examined potential means to prevent foodborne illnesses by investing in strategies to control Salmonella, … Read More
Funds Keep Trimming Long Cattle Position
Large commodity investment funds, called managed money, continued to trim its net long live cattle futures position during the week ended Tuesday as commercial traders stayed with their pattern of lightening their net short position. The Commodity Futures Trading Commission said in its weekly Commitments of Traders report Friday that managed money’s new net long … Read More
Cattle Prices Setting A Summer Low? Maybe
Cash and futures fed cattle prices just might be putting in a summer low, but it would take a look at the futures market to tell. Cash fed cattle prices this week traded about $3 per cwt below last week, setting a low for the year at $117-ish. For the last 1 ½ months, the … Read More