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

Large commodity investment funds, known as managed money, took on a larger collective net long live cattle futures position as of last Tuesday, Aug. 9, while cattle owners and traders acquired a larger total net short position. The information came in the weekly Commitments of Traders report from the Commodity Futures Trading Commission Friday.   … Read More

While Friday’s monthly USDA World Agriculture Supply and Demand Estimates report predicted lower 2022/23 corn ending stocks and a higher 2021/22 ending stocks, it also called for 2022 red meat and poultry production to be fractionally higher than last month. The report said higher 2022 beef and broiler forecasts were offset partially by lower pork … Read More

Second-quarter 10th district financial conditions in the farm economy remained solid, but Federal Reserve Bank survey contacts reported signs of slower growth that appeared likely to continue in the coming months. Kansas City Federal Reserve Bank economists Cortney Cowley and Ty Kreitman said in a bank report that following rapid gains in farm real estate … Read More

Consumer demand for meat, especially beef, continues to rage, despite a higher cost of living. The latest Consumer Price Index from the Bureau of Labor Statistics Wednesday showed a rise of 8.5% over the last 12 months ending in July, down from a 9.1% rise a month earlier, despite higher retail meat prices. A 7.7% … Read More