If there’s one thing market analysts have learned over the years it’s that market perception often is stronger than market reality. Often, those two go hand in hand, but just when it seems market realities are lining up, market perceptions take over, extending a market move or taking prices in a direction that defies logic.  … Read More

Tenth Federal Reserve Bank district interest rates on farm loans increased sharply in the third quarter, and the acceleration in farm real estate values continued to ease, said Nate Kauffman and Ty Kreitman, economists at the Federal Reserve Bank of Kansas City, in a release. Farm income and credit conditions remained solid, but the pace … Read More

The new USDA forecast for 2022 red meat and poultry production was raised from last month as higher beef and broiler forecasts for the fourth quarter were offset partly by lower pork and turkey forecasts, the agency said in its November World Agricultural Supply and Demand Estimates report Wednesday.   2022 BEEF PRODUCTION UP; 2023 … Read More

Unless unexpected external market pressure develops, Oklahoma cattle prices are expected to finish the year strong, and the 2022 peaks possibly recorded before the end of the year, said Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel. Commenting in a letter to Extension agents called Cow-Calf Corner, Peel said, in the 14 weeks from … Read More

US pork exports topped year-ago totals for the second straight month in September, according to data released by the USDA and compiled by the US Meat Export Federation, the USMEF said in a release. September beef exports were less than last year for the first time in 2022, but exports remained on a record pace … Read More

Large commodity index funds, known as managed money, took on more live cattle futures positions during the week ended Tuesday while hedgers decreased their total short position, according to data from the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday.   FUNDS GO LONG CATTLE   As of Tuesday, managed money had a … Read More

The number of fed cattle sold to beef packers from the “average” Kansas feedlot in September took an uncharacteristically large tumble, dropping to the lowest monthly total of the year so far, according to data collected by the Kansas State University Extension service. The data is collected each month from select feedlots around the state, … Read More