Large commodity investment firms, called managed money, continued to extend their collective net long live cattle futures position, while hedgers lengthened their net short position in the week ended Tuesday. The Commodity Futures Trading Commission, in its weekly Commitments of Traders report Friday, said managed money’s Tuesday live cattle net long position came to 81,094 … Read More

The end-of-year holidays are approaching, and wholesale beef ribeye prices are showing it.  The annual fall push to higher prices has begun. USDA-Agricultural Marketing Service weekly average price quotes for boneless light wholesale beef ribeye prices actually made a seasonal bottom the third week of July at $666.87 per cwt.  However, it was difficult to … Read More

Agricultural trade outcomes of the future will be affected by changes in production that result from climate change, government intervention and competitive conditions in international markets, said World Trade Organization economists at the Federal Reserve Bank of Kansas City’s Agricultural Symposium. Eddy Bekkers, WTO research economist, and Lee Ann Jackson, WTO agriculture and commodities division … Read More

The Purdue University/CME Group Ag Economy Barometer fell to a reading of 114 in September, 15 points below its August reading of 129 and the lowest since October 2016, the university and the CME Group said in a joint release. September marked the second large decline in the barometer this summer after a precipitous drop … Read More

US meat and poultry export prospects look more secure after the US, Mexico and Canada agreed on a new trade agreement Sunday, which was given the new moniker the US-Mexico-Canada Trade Agreement. The USDA’s most recent Livestock, Dairy, and Poultry Outlook said July US beef exports reached 279 million pounds, an almost 17% increase from … Read More

Large commodity investment funds, called managed money, extended their collective net long live cattle futures position during the week ended Tuesday to its longest in 6 ½ months, according to the Commodity Futures Trading Commission. At the same time, the data showed that commercial traders, those who own cattle and theoretically could make or take … Read More

Give them something in return, and more cattle producers will spend the money to tag their cattle and calves with electronic ear tags. That may mean more than just cooperating on the cost of the tags, said Chip Kemp, director of International Genetic Solutions, at a National Institute for Animal Agriculture at its Strategy Forum … Read More