Canada’s feedlots, mostly situated in Alberta and Saskatchewan, on Oct. 1 closed ranks with last year and the 2019-2023 average. That conclusion came from graph by the Livestock Marketing Information Center in Denver, which received the data from Canfax, a division of the Canadian Cattle Association.  Canfax surveys member feedlots in Alberta and Saskatchewan monthly … Read More

The Federal Reserve Bank of Kansas City Wednesday announced the launch of the Center for Agriculture and the Economy. The Federal Reserve Bank announcement said the initiative underscores the Bank’s ongoing commitment to including perspectives from agriculture and rural areas in discussions on the national economy.   RECOGNIZES AGRICULTURE’S IMPORTANCE   “For many years, the … Read More

On balance, economic activity changed little since the previous report in September, with three districts reporting slight to modest growth, five reporting no change and four noting a slight softening, said the Federal Reserve Bank in its latest Beige Book report on the US economy Wednesday.   CONSUMER SPENDING   Overall consumer spending, particularly on … Read More

Weekly wholesale prices for fresh, 90% lean beef from the USDA’s Agricultural Marketing Service appear to have begun a seasonal slide into the end of the year, although prices remain higher than either last year or the 2019-2023 average. The data was compiled and graphed by the Livestock Marketing Information Center in Denver. The USDA’s … Read More

The beef cattle industry appears to be on a slow path toward rebuilding, said Oklahoma State University Livestock Marketing Specialist Derrell Peel, in a newsletter called Cow-Calf Corner. Fed cattle prices are expected to peak some months after heifer retention begins, and, at this point, are projected to move higher into 2026 and perhaps beyond, … Read More

Monthly closeouts from Kansas feed yards took an unseasonally early drop in August and now seem poised to fall to the seasonal low in the fall. August closeouts also fell below last year and the 2019-2023 average. The data come from a monthly survey of select feedlots around Kansas designed to provide the performance of … Read More

Informed monetary policymaking requires accurate measurement of causal effects, which for the Federal Reserve Bank of Kansas City is an ongoing evolution, said Federal Reserve Economists Karlye Dilts, Amaze Lusompa and Philip An, in a report from the Kansas City Federal Reserve. However, monetary policy and its outcomes are shaped by economic developments, so simply … Read More