Starting today, this newsletter will use cattle prices from new USDA cattle market reports to give readers a better idea of what is being done in the cash cattle world. Pressure from President Joe Biden on the USDA resulted in the new reports listing formula prices and volumes for different categories of live cattle using … Read More

Drought is a possibility in all climates and environments, and is especially poignant this year with the western third of the country gripped in a major drought.  But drought pressure on pastures and ranges can be mitigated, said Paul Beck, Oklahoma State University Extension Beef Cattle Nutrition Specialist, in a letter to Extension agents called … Read More

US red meat exports closed the first half of the year on a strong note, according to data released by the USDA and compiled by the US Meat Export Federation. Although volume and value eased from the enormous totals posted in April and May, export value was still the highest on record for the month … Read More

Large commodity index funds, known as managed money, nudged their collective net long live cattle position higher during the week ended Tuesday, while hedgers cut their collective net short position. The data came from the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday, which provides data for different types of traders as of … Read More

The United Nations’ Food and Agriculture Organization Food Price Index averaged 123.0 points in July, down 1.5 points, or 1.2%, from June but still 29.1 points, or 31.0%, higher than in July 2020, the FAO said in a release. July’s drop reflected declines in prices of cereals, dairy products and vegetable oils, which more than … Read More

Cattle carcass weights will rise seasonally in the remainder of the year, but slaughter rates were expected to decline, resulting in 4% to 5% less beef production than the same period last year, said Derrell Peel, Oklahoma State University Extension livestock marketing specialist, in a newsletter titled Cow/Calf Corner. The lower steer and heifer carcass … Read More

Partially explaining the strength in US beef demand, data show the US economy posted its first year over year gain in the first quarter of 2021 after three straight quarters of year-on-year decline, the Livestock Marketing Information Center said in a letter to Extension agents called In The Cattle Markets. That indicated the US was … Read More