During the week ended Tuesday, large commodity index funds, or managed money, increased their collective net long live cattle future position while hedgers boosted their total net short position, according to data from Friday’s weekly Commitments of Traders report from the Commodity Futures Trading Commission.   FUNDS BUY CATTLE   As of Tuesday, managed money, … Read More

Global beef production is forecast to decrease slightly in 2023 as production decreases in the US and European Union more than offset increasing beef production in Australia and modest increases in Mexico and India, said Derrell Peel, Oklahoma State University Extension livestock marketing specialist. Writing in a letter to Extension agents called Cow-Calf Corner, Peel … Read More

November’s average retail fresh beef price was less than a year ago, while prices for pork and chicken remained higher than last year. Although that does not mean consumers are flocking to the meat case to buy fresh beef over pork and chicken, it could answer some questions about why beef sales have held up … Read More

The number of slaughter-ready cattle sold to beef packers from Kansas feedlots in October continued to drop sharply and were well below last year and the previous five-year average, even setting the 2022 monthly low. The data came from a monthly survey of selected Kansas feedlots by the Kansas State University Extension Service and turned … Read More

The USDA’s monthly forecast for 2022 red meat and poultry production was raised from last month as higher beef, broiler and turkey forecasts for the fourth quarter were partly offset by a lower pork production forecast. The new predictions came in the monthly World Agricultural Supply and Demand Estimates report Friday, which included production estimates … Read More

Large commodity investment funds, known as managed money, nudged their collective net long live cattle futures position higher in the week ended Tuesday as hedgers did the same to their total net short position. The Commodity Futures Trading Commission revealed the changes in its weekly Commitments of Traders report Friday.   FUNDS BUY CATTLE   … Read More

October US pork exports were the largest in more than a year, while beef export volume also increased from a year ago, according to data released by USDA and compiled by the US Meat Export Federation. USMEF President and CEO Dan Halstrom said in a release that October’s pork results were bolstered by outstanding growth … Read More