This month’s 2024/25 USDA/Economic Research Service US Coarse Grains Outlook called for a slight reduction in supplies, with greater declines in use, lifting ending stocks by nearly 0.5 million short tons. The March Feed Outlook report said, based on import volumes to date, 2024/25 barley and oats import forecasts were lowered by 1 and 5 … Read More
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Frozen Red Meat Stocks Down; Poultry Mixed
Total red meat supplies in US freezers on Feb. 28 were down about 1% from the previous month and down about 5% from last year, the USDA’s National Agricultural Statistics Board said in its monthly Cold Storage report Tuesday. Total frozen poultry supplies on Feb. 28 were up about 2% from the previous month but … Read More
Retail Beef Price Shows Sharp Gains Over Pork, Chicken
The USDA’s Economic Research Service’s monthly retail meat prices showed the price consumers paid for beef continued to rise, outstripping gains seen in pork or broiler chicken prices. A price comparison between the three major meats consumed in the US, done by the Livestock Marketing Information Center in Denver showed the retail price of all … Read More
Managed Money Boosts Net Long Live Cattle Position
Large commodity index funds, or managed money, increased their collective net long live cattle futures position during the week ended Tuesday, while commercial traders increased their total net short position. The information came from the weekly Commitments of Traders report from the Commodity Futures Trading Commission Friday. FUNDS GET LONGER CATTLE Tuesday, managed … Read More
European FMD Cases Bring US Warning
After the World Organization for Animal Health confirmed an outbreak of Foot and Mouth Disease in cattle in Hungary on March 6, Barry Whitworth, Oklahoma state Extension veterinarian, wrote a paper on the disease for the Cow-Calf Corner. An edited version follows. A BIT OF CONTEXT The last reported FMD case in Hungary … Read More
FAS Predicts Higher Australia Beef Production, Exports
The USDA’s Foreign Agriculture Service in Canberra, Aus., said in a Global Agricultural Information Network report Wednesday that Australian beef production and exports were forecast to reach a new record in 2025, following a record level of exports in 2024. The last peak in beef production and exports occurred a decade earlier, in 2014 and … Read More
Cattle Prices Rise As Dressed Weights Decline
In classic supply and demand fashion, cash cattle prices last week rose as fed steer dressed weights declined, according to data from the USDA’s National Agricultural Statistics Service and the Agricultural Marketing Service compiled and published by the Livestock Marketing Information Center in Denver. Steer dressed weights have a seasonal tendency to decline at this … Read More