Market Analyst Craig Turner, author of Turner’s Take, said commodity investment funds, called managed money, were trapped with a large collective net long live cattle futures position, just when the market turned bearish. The Commodity Futures Trading Commission reported in its weekly Commitments of Traders report Friday that, as of Tuesday, managed money had a … Read More

An analysis by the Illinois Extension Service makes it clear that US trade negotiations face many political hurdles. Any pact negotiated by the US and other countries must be ratified by the governments involved, and in some cases, it seems many in the US Congress are loath to give President Trump any kind of success … Read More

World agriculture markets over the next decade are susceptible to slowing demand and production growth, said an annual outlook report by the Organisation for Economic Cooperation and Development and the Food and Agriculture Organization of the UN. This is a summary of the report. Commodities production reached record levels in 2017 for most cereals, meats, … Read More

Slaughter steer and heifer prices in the Southern Plains began trading this week at $123 per cwt down $3 to $4 from last week, and the timing is right on schedule. Data from the USDA’s Agricultural Marketing Service that was compiled by the Livestock Marketing Information Center showed that a seasonal tipping point in slaughter … Read More

There is a strong seasonality to the wholesale prices of certain cuts of beef and pork, and these seasonals are playing out currently. As temperatures warm in the spring, a growing number of consumers like to grill the protein portion of some of their meals.  Certain cuts lend themselves well to this type of cooking, … Read More

Large commodity investment funds, known as managed money, again advanced their net long live cattle futures position to another record in the week ended Tuesday, according to data from the Commodity Futures Trading Commission. The data came in the CFTC’s weekly Commitments of Traders report Friday.  However, the rapid drop in futures prices since then … Read More

Ethanol use, and the corn needed to make it, isn’t growing like it once did, and corn and ethanol producers are concerned. With the vast majority of US domestic demand for ethanol in the form of E10 gasoline blends, growth in domestic ethanol use is tied directly to growth in the overall consumption of gasoline, … Read More