The most recent slaughter data have year over year beef cow slaughter increasing as the reality of reduced pasture and hay production becomes clear, said Derrell Peel, Oklahoma State University Extension livestock marketing specialist, in a letter to Extension agents called Cow-Calf Corner. Through May, beef cow slaughter was 15% more than last year, Peel … Read More

The total 2022 US red meat and poultry production forecast from the USDA’s World Agricultural Outlook Board was raised from last month as higher beef and pork production estimates more than offset a lower poultry production outlook. The latest estimates came in this month’s World Agricultural Supply and Demand Estimates report.  Production forecasts for 2023 … Read More

As Plains states’ temperatures go from a mild, wet spring to the dead of summer within a week, there are growing reports of cattle stress and even deaths. Reports of death losses can be hard to track down since no one wants to own up to the losses, figuring such an admission, no matter how … Read More

The University of Michigan US consumer sentiment index fell sharply to a record low of 50.2 in June, well below market forecasts of 58, preliminary figures showed.  Inflation was credited as the biggest reason for the decline. The consumer sentiment index for the US was revised down to 58.4 in May, the lowest since August … Read More

In the week ended Tuesday, large commodity investment funds, or managed money, increased their collective net long live cattle futures position as hedgers added to their total net short position. That conclusion came from data supplied by the Commodity Futures Trading Commission in its weekly Commitments of Traders report Friday.   FUNDS BOOST LONG CATTLE … Read More

April US beef exports topped $1 billion for the third time this year, according to data released by USDA and compiled by the US Meat Export Federation.  April pork exports were well below the large totals posted a year ago. “Global demand for US beef continues to overcome enormous obstacles, from inflationary pressure to logistical … Read More

The Purdue University/CME Group Ag Economy Barometer dropped to its lowest level since April 2020, down 22 points in May to a reading of 99, said James Mintert, Purdue University agricultural economist, in a release. The Ag Economy Barometer is calculated each month from 400 US agricultural producers’ responses to a telephone survey.  This month’s … Read More