Beginning with a single mobile feed grinder in 1963, Suther Feeds Inc., of Frankfort, KS, has grown to a cattle feed and nutrition consulting firm that today has customers in nine states. Jerry Suther, along with partners Tim Suther and Michael Joel, operate the company begun by Jerry and Tim’s father Melvin. Jerry said his … Read More

The latest USDA forecast for 2020 red meat and poultry production was raised 1.539 billion pounds, or 1.47%, to 106.544 billion pounds from 105.005 billion last month. The new forecast came from the USDA’s monthly World Agricultural Supply and Demand Estimates report Friday. For 2021, the red meat and poultry production forecast was raised 600 … Read More

Large commodity investment funds, known as managed money, extended their collective net long live cattle position in the week ended Tuesday to its largest in 4 ½ months, according to data from the Commodity Futures Trading Commission. The CFTC said in its weekly Commitments of Traders report Friday that managed money’s new live cattle position … Read More

July 1 changes in the USDA’s Livestock Risk Protection insurance plan renewed a debate about which is better, with some saying the increased subsidies and payment changes make LRP the better choice and others saying it is only insurance and nothing more. LRP and put options are designed to protect livestock values from downside risk. … Read More

Nebraska’s economy has been shocked in ways bearing little resemblance to anything experienced in modern times, said the Federal Reserve Bank of Kansas City in a release from the Omaha Branch. As COVID-19 began to spread across the globe from January to March, leading to widespread economic shutdowns, business activity collapsed and a massive number … Read More

Farmer sentiment about the economy and the future improved in June for the second straight month, continuing a rebound from sharp declines in March and April, according to the Purdue University/CME Group Ag Economy Barometer. Purdue Agricultural Economist James Mintert, commented on the results in a release and said the overall index was up 14 … Read More

US beef and pork exports trended lower in May, partly because of interruptions in slaughter and processing, according to data released by the USDA and compiled by the US Meat Export Federation. “As protective measures related to COVID-19 were being implemented, plant disruptions peaked in early May with a corresponding temporary slowdown in exports,” said … Read More