Cattle markets are off to a hot start in 2025, observed Will Secor, Extension livestock economist, at the University of Georgia, in a Livestock Marketing Information Center letter called In The Cattle Markets. All through the supply chain from beef markets to feeder cattle markets, prices are up significantly from last year, Secor said.  Continuing … Read More

Kansas feedlot fed steer sales to packers, or closeouts, dropped to an annual 2024 low in November but could climb again with December data. The information came from a Kansas State University Extension service survey of select feedlots around the state, the information gathered is turned over to the Livestock Marketing Information Center in Denver … Read More

The seasonal narrowing of the difference between choice and select wholesale beef prices this year is steeper than normal but could be showing the beginning signs of flattening – also a seasonal move. It is common for the spread in USDA-reported wholesale choice and select beef carcass cutout prices to narrow in January as consumer … Read More

The seasonal narrowing of the difference between choice and select wholesale beef prices this year is steeper than normal but could be showing the beginning signs of flattening – also a seasonal move. It is common for the spread in USDA-reported wholesale choice and select beef carcass cutout prices to narrow in January as consumer … Read More

Total red meat supplies in freezers on Dec. 31 were up about 3% from Nov. 30 but were down about 5% from last year, the USDA’s National Agricultural Statistics Service said in its monthly Cold Storage report Friday. Total frozen poultry supplies were up about 1% from the previous month but down about 8% from … Read More

Large commodity index funds, known as managed money, barely increased their collective net long live cattle futures position in the week ended Tuesday, while hedgers trimmed their total net short position more aggressively. The data came from the weekly Commitments of Traders report Friday from the Commodity Futures Trading Commission.   FUNDS’ POSITION BARELY HIGHER … Read More

The USDA’s Foreign Agriculture Service in Beijing, China, Thursday reported that in marketing year 2024/25, the country’s estimated total grain output will reach a record 706.5 million tonnes, a 1.6% increase over MY-2023/24, driven by expanded acreage and higher yields.   CORN PRODUCTION FORECAST UP 2%   Corn production was forecast to rise 2% to … Read More