The US beef herd grew 7.3% since the latest low on Jan. 1, 2014 to 31.2 million head on Jan. 1 this year, and there are indications it will continue to grow aggressively.  However, this growth can be expected to be uneven across major cattle states. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, … Read More

Managed money, or large commodity investment funds, broke their 12-week buying spree during the week ended Tuesday and cut their net long live cattle futures position, the Commodity Futures Trading Commission said Friday. In its weekly Commitments of Traders report, the CFTC said managed money trimmed their net long live cattle position by 5,675 contracts, … Read More

Average fed cattle prices this year were expected to decline, even though the 2017 beef production estimate was lowered from a month ago, in the face of higher pork and poultry production. That prediction was made in the latest World Agricultural Supply and Demand Estimates report issued by the USDA’s World Outlook Board Thursday.  The … Read More

Stagnant 2016 restaurant traffic worries some food industry analysts, even though individual spending was up. As goes the US quick service restaurant segment, so goes the total foodservice industry, said NPD Group in a release Wednesday.  NPD Group is a leading consumer trends research firm based in Chicago. QSRs, which represent 80% of total commercial … Read More

There is little reason to think fed cattle prices will climb in coming months, but there isn’t much information available to think prices will begin a long slide at this time either. Unless they began that slide last week when cash cattle prices dropped about $3 per cwt. University of Tennessee Livestock Economist Andrew Griffith … Read More

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Managed money, or large commodity funds, continued to advance their net long live cattle position during the week ended Tuesday, while commercial traders extended their net short position. The Commodity Futures Trading Commission said in its weekly Commitments of Traders report Friday that managed money had a net long live cattle position of 105,008 contracts, … Read More