Amid the fight over real and fake meats is a reality that it probably will take animal and plant protein to feed a growing world population, said Oklahoma State University Agricultural Economist Derrell Peel in a letter to Extension agents called Cow/Calf Corner. Three conferences he attended last week included a widely discussed trend of … Read More

After punching into net-long territory a week earlier, managed money, or large commodity investment funds, extended their position during the week ended Tuesday. The information came in the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday. Managed money’s new cumulative net long live cattle position as of Tuesday stood at 7,675 contracts, up … Read More

The USDA’s World Outlook Board Thursday raised its forecast for 2019 total red meat and poultry production from last month, as higher broiler production more than offset slightly lower beef and turkey production. The new forecast came in the monthly World Agricultural Supply and Demand Estimates report. In the report 2019 pork production was left … Read More

Although some in the cattle industry were surprised and frustrated with market reactions to Tyson’s fire at its Finney County, KS, beef plant, the type and duration of price behavior were exactly what is predicted by market economics, said Oklahoma State University agricultural economist Derrell Peel in a newsletter to Extension agents called Cow/Calf Corner. … Read More

US pork exports continued to post very strong results in August, according to data released by USDA and compiled by the US Meat Export Federation, while beef exports were below the 2018’s record-large totals.   THE BREAKDOWN   August pork exports increased 39,214 tonnes, or 21.5%, to 221,586 tonnes from 182,372 a year ago, while … Read More

Until scientists develop a vaccine for African Swine Fever, the best way to deal with the disease is by prevention, scientists say. Therefore, all known contact with countries that have it in their herds must be handled with care.  And the best prevention is knowledge of the disease and how it can spread. To that … Read More

The USDA crop reports the last couple of months generated a certain amount of disbelief among traders and hedgers who felt acreage estimates were too high given the number of prevent-plant acres reported to the Farm Service Agency. Many also felt the yield estimates were too high as well, given the late planting date for … Read More