Managed money, a proxy for large commodity investment firms, extended their collective net long live cattle futures position in the week ended last Tuesday, Nov. 24, as hedgers nudged their collective net short position higher. The data came from the Commodity Futures Trading Commission’s Commitments of Traders report, which came out a day late on … Read More

Weekly federally inspected dressed cattle weights look to close out the year above last year and the 2014-2018 average without ever crossing below either line. Data from the USDA’s Agricultural Marketing Service and National Agricultural Statistics Service, that have been compiled by the Livestock Marketing Information Center in Denver show that weekly FI cattle dressed … Read More

Cattle feeding margins went up last week, compared to the week before, but beef packer margins went up even more, although both are in the black, according to the Sterling Beef Profit Tracker, from Sterling Marketing Inc., and published by Drovers. The calculated unhedged feedlot margin for fed steers last week was 95.80 a head, … Read More

An influx of government payments and higher prices for agricultural commodities provided greater support for farm finances in the third quarter and seemed to limit demand for financing, said the Federal Reserve Bank of Kansas City in a release. Despite some improvements in the agricultural economy, farm income and repayment rates remained low during the … Read More

Total stocks of red meat in US freezers on Oct. 31 were up from Sep. 30 but were down from Oct. 31, 2019, as total poultry stocks on ice fell from a month earlier and a year earlier, the USDA said in its monthly Cold Storage Report Monday. Frozen beef stocks were up from a … Read More

Large commodity investment firms, called managed money, increased their collective net long live cattle futures position in the week ended Thursday as cattle owners raised their net short position. The information came from the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday.   FUNDS LONGER LIVE CATTLE   Managed money’s new long live … Read More

Government interventions taken to stabilize the financial system after the 2008 financial crisis were controversial at the time because of perceived high costs to taxpayers, but the cost of bank deposit suspensions likely would have been much worse, economists said in a Federal Reserve Bank of Kansas City release. The study was done by Qian … Read More