Total red meat supplies in freezers on Sep. 30 were up about 1% from the previous month and up about 17% from last year, according to the USDA’s monthly Cold Storage report Monday. Frozen pork supplies were down slightly from the previous month but up about 14% from last year. Total frozen poultry supplies were … Read More
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Managed Money Gets Longer Live Cattle
Large commodity index funds, known as managed money, took on a larger collective net long live cattle futures position during the week ended Tuesday as hedgers boosted their total net short position. The data came from the weekly Commitments of Traders report from the Commodity Futures Trading Commission on Friday. FUNDS GET LONGER CATTLE … Read More
Is Time Right For Calf Retention?
This fall may be a time for cow/calf producers in and around Oklahoma to consider retaining calves this fall, or even buying them to sell as feeders next spring, said Oklahoma State University State Extension Beef Nutrition Specialist Paul Beck, in a letter to Extension agents called Cow-Calf Corner. Lack of wheat pasture and cost … Read More
Beige Book Reports Modest Economic Activity Growth
Net national economic activity expanded modestly since the previous Beige Book report a month ago, said the October report Wednesday. 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 a variety of mostly qualitative information, gathered … Read More
Canada Group Finds Profitable Cow/Calf Commonalities
A Canadian group, the Canadian Cow-Calf Cost of Production Network, found three commonalities among profitable cow-calf producers in Canada – more cows, smaller cows and lower costs per cow. A Beef Cattle Research Council release reported the survey results from 46 benchmark cow-calf farms and three dairy-beef farms with 2021 data collected from 186 participants … Read More
Seasonal Rise Keeps Canada On-Feed Numbers Above Average
A seasonal rise in Canada’s number of cattle on feed kept the Oct. 1 total larger than the 2016-2020 average, according to data from CanFax, a private consulting group. CanFax collects the data from member feedlots in Alberta and Saskatchewan and sends the data for total numbers on feed and monthly placements to the Livestock … Read More
Funds Cut Net Long Live Cattle Position – Again
For the third straight week, large commodity index funds, or managed money, reduced their collective net long live cattle futures position, while hedgers, trimmed their total net short position. The data came from the weekly Commitments of Traders report Friday. The report is published each Friday for the positions of trader categories as of the … Read More