Funds Add To Long Cattle Position

Managed money, a term for large commodity investment funds, advanced their collective net long live cattle futures position for the 14th straight week during the week ended Tuesday, Feb. 26, taking them to their largest long position in more than a year. The Commodity Futures Trading Commission made the data known in its Commitments of … Read More

Farmer Sentiment Weakens

Sentiment among agricultural producers weakened slightly in February compared with a month earlier, according to the monthly Purdue University Ag Economy Barometer. The barometer weakened slightly in February, declining seven points to a reading of 136, compared with 143 a month earlier, a release by Purdue and the CME Group and authored by Agricultural Economists … Read More

Declining Beef Carcass Weights Near Normal

Contrary to popular belief, the harsh winter weather conditions are not cutting federally inspected steer carcass weights more than is usual for this time of year. It may be taking longer in the feed yard for cattle to be ready for slaughter, but feedlot managers appear to know how to deal with the harsh conditions.  … Read More

Funds Keep Getting Long Cattle, Short Corn

Large commodity investment funds, known as managed money, expanded their collective net long live cattle futures positions during the week ended Tuesday, Feb. 19, according to data from the Commodity Futures Trading Commission. The information came in the Commitments of Traders report Friday.  The report was delayed by the partial government shutdown, and the CFTC … Read More

Cattle Herd Up; Herd Building Possibly Nearing An End

The US inventory of all cattle and calves as of Jan. 1 was up from a year earlier, but it looks as though the herd-building process is about to end. Data from the USDA’s National Agricultural Statistics Service’s semi-annual Cattle (Inventory) report, which was delayed a month by the partial government shutdown, showed a decline … Read More

Funds Boost Long Cattle Position Week Of Feb. 12

Large commodity investment funds, called managed money, increased their net long live cattle futures position during the week ended Tuesday, Feb. 12, their 12th straight increase. The data was made known Tuesday by the Commodity Futures Trading Commission through its Commitments of Traders report.  The report usually comes out weekly on Friday, but was delayed … Read More

Livestock Tracing Needed To Protect US Economy

The US needs livestock producers to develop an efficient and accurate animal tracing system before the lack of one causes significant harm to the US economy, say a variety of traceability proponents. In a worst-case scenario of a Foot and Mouth Disease outbreak in the US, all commerce could be shut down immediately until things … Read More