Farm loan delinquency rates at commercial banks remained limited through mid-year, despite an increase in farm debt and signs of financial tightening at the time, said a Kansas City Federal Reserve Bank release. The report, authored by Kansas City Federal Reserve Bank Economists Nate Kauffman and Ty Kreitman, also said quarterly bank reports said second-quarter … Read More

Managed money, a proxy for large commodity index investment funds, took on a larger collective net long live cattle futures position in the week ended last Tuesday, Oct. 8, while hedgers added to their total net short position. That information came from the weekly Commitments of Traders report Friday by the Commodity Futures Trading Commission. … Read More

The USDA’s October forecast for 2024 red meat and poultry production was raised from September, as a higher beef production estimate more than offset lower pork, broiler and turkey production forecasts. The latest production outlooks came in Friday’s monthly World Agricultural Supply and Demand Estimates report. The forecast for 2025 red meat and poultry production … Read More

August fed steer closeouts, or sales of fed cattle to beef packers, declined counter-seasonally in August as the final weights of steers and heifers rose, according to data collected by the Kansas State University Extension service and processed by the Livestock Marketing Information Center in Denver. The KSU Extension service collects feeding data from a … Read More

Fueled by another outstanding performance from Mexico, August exports of US pork increased year over year, according to data released by USDA and compiled by the US Meat Export Federation. US beef exports were less than year-ago levels in August, and pork exports, while up from last year, recorded the second lowest monthly total for … Read More

Farm operating debt at commercial banks continued to increase at a rapid pace through mid-year, according to a report from the Federal Reserve Bank of Kansas City. According to quarterly bank reports, outstanding non-real estate farm debt at commercial banks grew about 10% from a year ago during the second quarter, said Economists Nate Kauffman … Read More

Cow/calf producers typically focus most of their marketing efforts on calves, but there are opportunities for profitable sales of the older members of the herd, said Mark Johnson, Oklahoma State University Extension beef cattle breeding specialist, in a letter called Cow-Calf Corner. Little marketing effort is put into cull cows and bulls, Johnson said.  While … Read More