Sales of slaughter-ready cattle from Kansas feedlots rose counter-seasonally in February, although seasonal tendencies call for declines through April. The data comes from a monthly survey of selected feedlots around the state conducted by the Kansas State University Extension Service. The data is turned over to the Livestock Marketing Information Service in Denver where it … Read More
Farmer Sentiment Weakens
4-5-23 – Farmer sentiment weakened again in March as the Purdue University/CME Group Ag Economy Barometer fell eight points to a reading of 117, said Purdue Agricultural Economist James Mintert, in a release. The Ag Economy Barometer is calculated each month from 400 US agricultural producers’ responses to a telephone survey, the release said. This month’s survey … Read More
Beef Production Declining; Prices Up
As has been anticipated for several months, beef production is decreasing, said Oklahoma State University Agricultural Economist Derrell Peel in a letter to Extension agents. Through most of March, beef production averaged 6.4% lower compared to the same period last year, the result of decreases in both cattle slaughter and carcass weights, Peel said. … Read More
Funds Liquidate Cattle Positions In Latest Week
As of the week ended Tuesday, large commodity index funds, known as managed money, had a smaller net long live cattle futures position than they held a week earlier, while hedgers had a smaller net short position. MANAGED MONEY SELLS CATTLE Data from the Commodity Futures Trading Commission’s weekly Commitments of Traders report … Read More
Hogs And Pigs Up Marginally
The March 1 US hogs and pigs inventory was 72.860 million head, up 171,000, or 0.24%, from 72.689 million a year earlier, the USDA’s National Agricultural Statistics Service said Thursday in its Quarterly Hogs and Pigs report. That implies adequate butcher hog availability in the near term, while fed cattle supplies are fading from an … Read More
Setting Feeder Calves Apart From The Crowd
To remain profitable cow-calf producers need to add value where they can to increase the demand for their calves, and some management and health programs consistently increase sale price of beef calves, said Oklahoma State University Beef Nutrition Specialist Paul Beck, in a letter to Extension Agents called Cow-Calf Corner. An analysis of calf sales … Read More
Quarterly Hogs And Pigs Coming
With the Quarterly Hogs and Pigs report coming this week, it pays to pay attention to the competition. Sow slaughter through mid-March was tracking slightly more than the same period a year ago, said the Livestock Marketing Information Center in a letter to Extension agents. Year-to-date, weekly sow slaughter was more than 544,000 head, up … Read More