Managed money, a proxy for large commodity investment funds, liquidated even more of their collective net long live cattle futures position during the week ended Tuesday, taking their position to its lowest point since Nov. 27. The information came in the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday where it said managed … Read More

The US/China trade war doesn’t seem to have caused a lot of pain for US consumers, but after 117 months of expansion, compared with the average of 48, the US economy may be due for a setback that will be linked to the dispute, said two economists writing for Project Syndicate and reported in Seeking … Read More

Hogs had the largest increase in productivity over the last 25 years, using a simple-to-compute measure of livestock productivity that allows comparison across livestock species, according to a study published in the University of Illinois’ Farmdocdaily. Carl Zulauf, Department of Agricultural, Environmental and Development Economic at Ohio State University, did the study, explaining that production … Read More

Chicago corn futures shot higher again Tuesday as planting worries mounted and trade issues seemed no nearer a solution.  As a result, feeder cattle futures dropped. Keith Good, social media manager for the University of Illinois’ Extension Service newsletter, FarmDoc, said, “With June just days away, producers are sorting through both known and significant unknown … Read More

For the fourth straight week, large commodity investment funds, known as managed money, cut their net long live cattle futures position amid a widespread belief that cattle prices would be challenged going forward. The Commodity Futures Trading Commission said in its weekly Commitments of Traders report Friday that managed money’s collective net long cattle position … Read More

The estimated number of cattle in Canadian feedlots continues to hold well above last year and the 2013-2017 average, said CanFax, a private market advisory service that publishes the statistics. The CanFax report came out last week, ahead of today’s scheduled monthly Cattle on Feed report from the USDA’s National Agricultural Statistics Service, in which … Read More

Total red meat supplies in US freezers on April 30 were up slightly from the April report but down about 5% from last year, the USDA’s National Agricultural Statistics Service said in its monthly Cold Storage report Wednesday. Total frozen poultry supplies were up about 2% from a month ago and up slightly from a … Read More