Large commodity investment firms, or managed money, continued to wean themselves from their collective net long live cattle position in the week ended Tuesday, the Commodity Futures Trading Commission said Friday. In its weekly Commitments of Traders report, the CFTC said managed money’s new net long live cattle futures position as of Tuesday was 72,597 … Read More

Rain earlier this month hampered Oklahoma’s fall harvest activity and wheat pasture grazing, but sunshine late last week raising hopes that fields will dry so both can get back on track, said Oklahoma State University Extension Livestock Specialist Derrell Peel in a letter to Extension agents. At least some rain is in the forecast in … Read More

The Centers for Disease Control and Prevention is working on a new report on the threat of antibiotic-resistant threats in the US, said CDC Public Affairs Specialist Martha Sharan, in an email. In the meantime, the CDC is working from its latest listing compiled in 2013, and the data it contains could be troubling for … Read More

The weekly average choice/select wholesale price spread is holding above a year ago and has recrossed the 2012-2016 average on its way to a seasonal high, according to USDA-Agricultural Marketing Service data. The difference between wholesale prices for the USDA’s choice and select grade carcass cutout value is defined as the choice/select price spread.  It … Read More

Total red meat supplies in US freezers on Sep. 30 were up 1% from a month earlier but down 1% from last year, according to the USDA-National Agricultural Statistics Service’s monthly Cold Storage report Monday. Of that, total beef supplies on ice were up 1% from the previous month and up 3% from last year, … Read More

Managed money, those large commodity investment funds, whittled a little more off their collective net long live cattle futures position during the week ended Tuesday, as hedgers held to a near-flat net short position. In its weekly Commitments of Traders report Friday, the Commodity Futures Trading Commission said managed money’s new net long cattle position … Read More

The USDA Foreign Agricultural Service rates South Korea as one of the most reliable export market for US agricultural goods with its easy access to modern retail outlets and a large urban population seeking convenient and healthy foods. In a report Thursday, the FAS said increasing wealth, a growing number of women in the workforce … Read More