Kansas feedlots sold fewer slaughter-ready cattle to beef packers in January than in either last year or the 2017-2021 average, according to data collected by the Kansas State University Extension service. The K-State Extension service surveys select feedlots around the state for key statistics on the cattle they sold for slaughter in a given month.  … Read More

Canada’s March 1 cattle on feed numbers declined from a month earlier and remain locked between last year and the 2017-2021 average, according to CanFax. CanFax is a private market advisory group that collects the on-feed data from member feedlots in Alberta and Saskatchewan.  Most of the results are shared only with members, but CanFax … Read More

For the first time in several years it appears that all segments of cattle and beef markets are on the same page and responding to tightening supply fundamentals, said Oklahoma State University Agricultural Economist Derrell Peel, in a letter to Extension agents called Cow-Calf Corner. The complex linkages across cattle and beef markets mean market-adjustment … Read More

Overall US economic activity increased slightly in early 2023, said the Federal Reserve’s Beige Book Tuesday. The Beige Book is a Federal Reserve System publication about current economic conditions across the 12 Federal Reserve Districts.  It characterizes regional economic conditions and prospects based on mostly qualitative information from each district.  It is published eight times … Read More

The USDA’s monthly World Agricultural Supply and Demand Estimates report Wednesday raised its 2023 beef production forecast from last month while lowering its pork production estimate. The USDA also adjusted 2022 red meat and poultry supply and use estimates to reflect revisions to slaughter and production data.   BEEF PRODUCTION ESTIMATE RAISED   For 2023, … Read More

The People’s Republic of China’s decision to end its zero-COVID policy restrictions was expected to improve demand for pork and beef products in 2023, the USDA’s Foreign Agriculture Service said in a semi-annual report. However, Brazil’s decision to suspend beef exports to China at the end of February following a suspected case of Bovine Spongiform … Read More

Brazil’s cattle production this year is expected to grow 1.3% to 48.5 million head, as the industry reaches its peak in the production cycle, said the USDA’s Foreign Agriculture Service, in a semi-annual report.   OVERVIEW   Cattle slaughter is expected to rise 2.8% because of elevated demand for beef exports and to feed recovering … Read More