Large commodity investment firms, known as managed money, divested themselves of more live cattle futures positions in the week ended Tuesday, adding selling pressure to an already weak futures market. Data revealing the decline in the collective net long positions of managed money came from the Commodity Futures Trading Commission’s weekly Commitments of Traders report … Read More

Over the last month, steer and heifer slaughter has been ramping up, a seasonal occurrence that could hit an annual high by the end of the month. Data from the USDA’s Agricultural Marketing Service and the National Agricultural Statistics Service show that weekly steer slaughter began to rise the third week of March, right on … Read More

The Animal Agriculture Alliance’s 2019 Stakeholders Summit kicked off Wednesday with record attendance, bringing 335 food and agriculture stakeholders to Kansas City, Mo., said an AAA release. The event, themed “A Seat At The Table,” started with consumer focus groups. Six consumers were asked about their meat purchasing habits, including how much price, taste, appearance, … Read More

Purdue University’s monthly Ag Economy Barometer, which records farmer sentiments on a variety of economic issues related to farming, plunged 18 points last month. The Ag Economy Barometer plummeted to a reading of 115 in April, an 18-point decline from March’s 133, according to a summary of the survey by Purdue University Agricultural Economist Jim … Read More

Wintry weather played havoc with cattle growth and fattening rates in the Plains, and nowhere was this more apparent than in Kansas, according to data collected from feedlots by the Kansas State University Extension Service. The data was then given to the Livestock Marketing Information Center in Denver for processing and evaluation.  The data collected … Read More

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