During the week ended Tuesday, large commodity index firms, known as managed money, increased their collective net long live cattle position. In releasing the data in Friday’s Commitments of Traders report, the Commodity Futures Trading Commission also said cattle hedgers boosted their total net short live cattle position. FUNDS GET LONGER LIVE CATTLE … Read More
St. Louis Fed Chair: Limit To Tariff Influence On Inflation
President Trump’s sweeping new tariffs likely will have no more effect on US inflation after another two or three quarters, said St. Louis Federal Reserve Bank President Alberto Musalem. Musalem made his remarks in a speech about the US economy and monetary policy at a Peterson Institute for International Economics event in Washington, DC, recently. … Read More
Beige Book: Economic Growth Steady To Higher
Most of the 12 Federal Reserve districts reported little or no change in economic activity since the prior Beige Book period. The Federal Reserve Bank made the report in the Beige Book, fan eight-times-a-year report on economic activity. OVERALL ECONOMIC ACTIVITY The four districts that differed reported modest growth, the Beige Book said. … Read More
Beef Demand Encouraging Cattle Producers
Calendar year 2025 continues to develop and likely will be one cattle producers and feeders will remember for some time, said Glynn Tonsor, agricultural economist for Kansas State University, in a letter for the Livestock Marketing Information Center called In The Cattle Markets. Cattle prices are up substantially, and many areas are greener and wetter … Read More
Funds Push Net Long Cattle Position Slightly
Large commodity index funds, known as managed money, nudged their collective net long live cattle futures position higher during the week ended last Tuesday, Aug. 26, according to the weekly Commitments of Traders report Friday. In revealing the relative positions of trader groups Friday, the Commodity Futures Trading Commission also said cattle owners, known as … Read More
Mexico Looks To Put Out More Beef, Pork
In a report Thursday, the USDA Foreign Agriculture Service office in Mexico City, Mexico, said suspending live cattle exports to the US because of New World Screwworm was expected to redirect animals to domestic feedlots, increasing domestic cattle slaughter next year. That increased domestic beef production likely will enable a growth in exports to the … Read More
Hay Prices Rising Seasonally
From January to May, the average price of all types of hay across the US had been increasing seasonally, to $176 a short ton in May from $153 a ton in January, said Mark Johnson, Oklahoma State University Extension beef cattle breeding specialist, in a letter called Cow-Calf Corner. HAY PRICES AND THE WEATHER … Read More