The number of cattle populating feedlots in Alberta and Saskatchewan, CA, as of March 1 continued to be more than last year and the previous five-year average, said the Livestock Marketing Information Center in Denver, quoting statistics from CanFax, a private market advisory service in Canada. CanFax generates the data from member feedlots in the … Read More

Beyond the suffering and humanitarian crisis from Russia’s invasion of Ukraine, the entire global economy will feel the effects of slower growth and faster inflation, said economists at the International Monetary Fund in a blog. Effects will flow through three main channels, they said. –One, higher prices for commodities like food and energy will push … Read More

Large commodity index funds, called managed money, increased their collective net long live cattle futures position in the week ended Tuesday, as hedgers cut their total net short position. The data was from the weekly Commitments of Traders report Friday, issued by the Commodity Futures Trading Commission.   MANAGED MONEY BUYS CATTLE   As of … Read More

Despite high and rising feed costs, the average unhedged cattle feeder may be doing OK in the long haul, said a Livestock Marketing Information Center letter to Extension agents called In The Cattle Markets. February cattle feeding returns continued their positive streak, calculating to a little less than $100 per steer, the LMIC said.  In … Read More

Per capita red meat and poultry disappearance—the amount available for use in domestic markets, including fresh and processed meat sold through grocery stores and used in restaurants—is expected to increase fractionally in 2022. The USDA’s Economic Research Service said in its monthly Livestock, Dairy, and Poultry Outlook: 2022 that the forecast is because of a … Read More

Kansas feedlot sales of slaughter-ready cattle to packers, or closeouts, in January were up from last year and the 2016-2020 average, according to survey data. The survey, a monthly gathering of statistics by the Kansas State University Extension Service and compiled and published by the Livestock Marketing Information Center in Denver, showed Kansas feedlots in … Read More

Coming off a record-breaking performance in 2021, US beef exports remained red hot in January, according to data released by the USDA and compiled by the US Meat Export Federation. Pork exports continued trending lower in January, despite another outstanding month for exports to leading market Mexico, the USMEF said in a release.   BEEF … Read More