November cattle slaughter was higher year over year, attributable to having one additional slaughter day and a faster weekly average pace of fed cattle slaughter the USDA’s Economic Research Service said Wednesday in the monthly Livestock, Dairy, and Poultry Outlook. Likewise, the pace of non-fed, weekday cattle slaughter was higher but lower on Saturdays, the … Read More

Sales of slaughter-ready cattle from Kansas feedlots declined in October from September, following last year’s movement and totaling slightly more than the 2015-2019 average, according to data collected by the Kansas State University Extension Service and compiled by the Livestock Marketing Information Center in Denver. The LMIC calculates the data into a form that represents … Read More

October was another strong month for US red meat exports as beef export value continued to soar, according to data released by USDA and compiled by the US Meat Export Federation. October pork exports were less than last year’s large total, but year-to-date shipments remained slightly above the record pace of 2020. “USMEF has always … Read More

Large commodity investment firms, known as managed money, extended their collective net long live cattle position in the week ended Tuesday for the fifth straight week, according to Friday’s weekly Commitments of Traders report from the Commodity Futures Trading Commission. At the same time, commercial traders, those who own the cattle and theoretically could make … Read More

The USDA’s monthly World Agricultural Supply and Demand Estimates report Thursday said total red meat and poultry production estimate for 2021 was reduced from last month as lower broiler and turkey production forecasts more than offset higher beef and pork production estimates. For 2022, the total red meat and poultry production estimate was raised from … Read More

Driven by strong consumer demand for dairy products, China’s dairy farming industry is experiencing rapid expansion and increasing herd size, said the USDA’s Foreign Agriculture Service, in a release. Demand for forage products is rising as large, modern dairy farms use more high-quality forages like alfalfa, timothy hay and oat grass, the FAS said.  Imports … Read More

The Purdue University/CME Group Ag Economy Barometer slipped five points in November to a reading of 116 as producer pessimism about the current and future outlook of the agricultural economy continued, said James Mintert, director of the Purdue University Center for Commercial Agriculture, in a release. The Ag Economy Barometer is calculated each month from … Read More