In the latest trading week, it was better, on average, for cattle feeders to have sold on a dressed formula basis than on any other program, according to data from the Livestock Marketing Information Center in Denver. If selling on a live basis, the data showed that cattle feeders did best last week by selling … Read More

Agricultural credit conditions in the Federal Reserve’s 10th District continued to deteriorate at a gradual pace in the third quarter, said Economists Francisco Scott and Ty Kreitman in a report Monday. The eastern portion of the district lies in the Great Plains and includes Oklahoma, Kansas, Nebraska and the western third of Missouri.  The western … Read More

In the week ended Tuesday, managed money, or large commodity index firms, continued buying long live cattle futures positions for the eighth straight week, according to data from the Commodity Futures Trading Commission. In its weekly Commitments of Traders report Friday, the CFTC also said commercial traders, or those with cash-market positions to protect, also … Read More

11-15-24 Discussing the difference between some growth performance measures for cattle, Mark Johnson, Oklahoma State University Extension beef cattle breeding specialist, said in a recent article that the Beef Improvement Federation defines Weight per Day of Age and Average Daily Gain this way: –WDA – Weight of an individual divided by its age in days. … Read More

An International Monetary Fund blog by Pierre-Olivier Gourinchas said it looked like the global battle against inflation has largely been won. After peaking at 9.4% year-on-year in the third quarter of 2022, the IMF projects headline inflation will fall to 3.5% by the end of next year, slightly below the average during the two decades … Read More

A Reuters story relayed on Urner Barry’s Foodmarket website, said the return of drought conditions to many parts of the contiguous 48 states is delaying cattle herd rebuilding.  A look at the National Weather Service’s weekly Drought Monitor would seem to back up the principle behind such a conclusion.   TIGHT SUPPLIES SQUEEZE BUYERS   … Read More

Large commodity index funds, known as managed money, expanded their collective net long live cattle futures position for the sixth straight week as of last Tuesday, Nov. 5. In it’s weekly Commitments of Traders report Friday, the Commodity Futures Trading Commission also provided data to show that hedgers trimmed their total net short position after … Read More