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

Large commodity index funds, collectively known as managed money, continued to dump long live cattle futures positions in the week ended Tuesday as cattle owners covered their total short positions, the Commodity Futures Trading Commission said in its weekly Commitments of Traders report Friday.   MANAGED MONEY SELLS CATTLE   Tuesday, managed money had a … Read More

Deciding to feed cattle to heavier weights and produce more choice beef this summer may be tied directly to the difference between choice and select beef prices, said Brenda Boetel, agricultural economist at the University of Wisconsin-River Falls, in a letter to Extension agents from the Livestock Marketing Information Center called In The Cattle Markets. … Read More

The USDA’s Foreign Agricultural Service Wednesday lowered its 2022 forecast for total red meat and poultry production from last month, as higher forecasts for beef and turkey production was more than offset by lower projections for pork and broilers. The predictions came in the monthly World Agricultural Supply and Demand Estimates report.   HIGHER BEEF … Read More