Over the last several weeks, US/China tensions have heightened over Taiwan, raising concerns among cattle producers about the sensitivity of the US beef industry to such tensions, said Elliott Dennis, Extension livestock economist at the University of Nebraska, Lincoln, in a Livestock Marketing Information Center letter to Extension agents called In The Cattle Markets. President … Read More

Reuters reporters Pavel Polityuk and Johnathan Spicer reported that, “A total of 33 cargo ships carrying around 719,549 tonnes of foodstuffs have left Ukraine under a deal brokered by the United Nations and Turkey to unblock Ukrainian sea ports, the Ukrainian agriculture ministry said on Tuesday,” according to Kieth Good of Illinois Farm Policy News. … Read More

Total red meat supplies in freezers on July 31 were down about 1% from June but were up about 23% from last year, the USDA’s National Agricultural Statistics Service said in its monthly Cold Storage report. The report tallies the amount of meats, fruits and vegetables in US freezers on the last day of the … Read More

Large commodity investment funds, known as managed money, extended their collective net long live cattle futures position in the week ended Tuesday as hedgers lengthened their total net short position. The Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday showed the changes, revealing that both classes of futures traders had new positions that … Read More

The effects of drought are leading some cow/calf producers to reconsider marketing alternatives for their calves, said Mark Johnson, Oklahoma State University Extension Beef Cattle Breeding Specialist, in a letter to Extension agents called Cow-Calf Corner.   HIGHER PRICES COMING   Lower beef cow inventories now indicate higher value of calves, yearlings and fed cattle … Read More

Drought-withered pastures, dwindling hay supplies and high prices could be accelerating current cattle herd reductions, said Derrell Peel, Oklahoma State University Extension livestock marketing specialist, in a letter to Extension agents called Cow-Calf Corner. The August Crop Production report from the USDA’s National Agricultural Statistics Service Friday forecast 2022 alfalfa hay production at 49.1 million … Read More

Canada’s Aug. 1 cattle-on-feed population fell below the Aug. 1, 2021, total in a move that continued to mirror the 2016-2020 average monthly changes rather than last year’s, CanFax data showed. CanFax, a private market advisory group, collects population data from participating feedlots in Alberta and Saskatchewan and shares the total number and placement data … Read More