CME Group live cattle futures settled higher Thursday as technical short covering overran the bearish effects of a USDA World Agricultural Supply and Demand Estimates report that increased 2018 estimated red meat and poultry production from a month ago. The 2018 beef production forecast was raised to 27.150 billion pounds from 27.125 billion on higher … Read More

CME Group live cattle futures settled higher Thursday as technical short covering overran the bearish effects of a USDA World Agricultural Supply and Demand Estimates report that increased 2018 estimated red meat and poultry production from a month ago. The 2018 beef production forecast was raised to 27.150 billion pounds from 27.125 billion on higher … Read More

Given the larger size of the US cattle herd this year, the strength of feeder cattle prices is somewhat of a surprise to many, but Agricultural Economist Stephen Koontz said it’s all because of abundant feedstuffs. Koontz, from Colorado State University, wrote in this week’s “In the Cattle Markets” for the Livestock Marketing Information Center, … Read More

As cow/calf producers and feedlots look to put up and purchase hay for the winter, they should pay attention to how it is baled and stored to maximize the nutrient value when fed. It pays, then, to look at the various storage methods and how they can affect the as-fed quality of the forage.  Much … Read More

US beef exports set a new value record in May, even though year-over-year volume also rose, said the US Meat Export Federation after analysts there compiled USDA data released Monday. Exports of US beef and beef variety meats in May totaled 117,871 tonnes, the sixth largest on record.  It was up 6,658, or 5.99%, from … Read More

June’s cash fed cattle market was something of a slow burn after being hit hard in May, said Nevil Speer, agricultural industry consultant of Bowling Green, KY, in a market analysis on the “Beef” website.  It’s all a part of the seasonality of cattle prices. Last year, the cattle market found an extra shot of … Read More

President Donald Trump continues to say the US can’t lose a trade war with China, but can China withstand a trade war?  But Shareholders Unite said in an article on “Seeking Alpha” that China’s loss is not our gain. The Chinese economy is vulnerable at the moment, Shareholders Unite said.  Plagued by large debts, which … Read More