Canada’s monthly cattle-on-feed numbers continue to show a seasonal decline, as they remain at lower levels than the same months last year or in the 2019-2023 average, according to CanFax, a division of the Canadian Cattle Association. CanFax collects member data in Alberta and Saskatchewan monthly and shares the total on feed and the monthly … Read More
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Funds, Extend Net Long Live Cattle Position
After five weeks of selling, managed money, a proxy for large commodity index firms, returned to extending their collective net long live cattle futures position during the week ended Tuesday, the Commodity Futures Trading Commission said Friday in its weekly Commitments of Traders report. The CFTC report also said commercial traders, those with a cash-market … Read More
Producers Urged To Plan Cow Culling
Although cull cow marketing may be lower on the priority list for cow/calf producers right now, capturing seasonal highs in the market can boost revenues, said Rob Ziegler, Extension specialist at the University of Wyoming, in a letter for the Livestock Marketing Information Center. At this time of year, calving season likely is top of … Read More
FAS Sees Lower 2025 China Beef, Pork Production
The USDA’s Foreign Agricultural Service in Beijing, China, said Friday in a report that it maintained is 2025 forecast for a decline in China’s pork and beef production. As a result of the domestic production decline and growing market demand, the FAS forecast China’s beef imports to grow in 2025. But the FAS revised downward … Read More
WASDE Raises Total 2025 Red Meat, Poultry Production Estimate
The USDA Tuesday raised its estimate of total red meat and poultry production for 2025 on higher beef and chicken production forecasts from February’s report, which was offset partially by lower pork and turkey production forecasts. However, the new beef production estimate was down from 2024 and 2023, while pork and broiler production were forecast … Read More
Chicken Industry Working To Fill Broiler Production Gap
After millions of chickens have been culled to control Highly Pathogenic Avian Influenza, the US chicken industry is doing everything it can to cash in on the resulting higher prices. As a result, chicken price prospects are moderating as production increases, the Livestock Marketing Information Center in Denver said in its newsletter Livestock Monitor. … Read More
Investment Funds Sell Cattle, Corn
Managed money, a proxy for large commodity index funds, again liquidated a portion of their collective net long live cattle futures position during the week ended Tuesday. It was their fourth straight week of liquidation. At the same time, commercial traders, who generally approach the futures market as a means to hedge a cash market … Read More