USDA data show wholesale boneless beef prices are declining, with the fattier product dropping faster than the leaner production. “Boneless” beef often is a euphemism for trimmings from the fed cattle slaughter process along with meat from cull cows and imported beef trimmings.  The fat content is measured and traded accordingly, but the two most … Read More

Fed steer and boxed beef prices could be about to rebound seasonally as consumer buying interest picks up with cooler weather. Both sets of prices declined through August as consumer buying interest faded during the hot part of the summer.  Consumers also were paying down some vacation debts and spending more for back-to-school supplies and … Read More

Mexico is an anomaly among US beef trade markets with exports increasing, despite decreasing exports to most other markets and decreasing imports from Mexico, despite increasing imports from other major import sources. Derrell Peel, Oklahoma State University Extension livestock marketing specialist, said in a letter called Cow-Calf Corner that numerous factors contribute to current beef … Read More

Large commodity index firms, known as managed money, trimmed their collective net long live cattle futures position during the week ended Tuesday while hedgers pared their total net short position.   MANAGED MONEY SELLS CATTLE   Tuesday, managed money had a collective net long live cattle position of 43,777 contracts, down 545, or 1.23%, from … Read More

Growth in beef-on-dairy has raised several questions, but the effects on US beef production are small, said James Mitchel, Extension livestock economist at the University of Arkansas and Kenny Burdine, livestock specialist at the University of Kentucky, in a letter called In The Cattle Markets by the Livestock Marketing Information Center. During the liquidation phase … Read More

The Annual Retail All Fresh Beef Demand Index compiled by the Livestock Marketing Information Center using Bureau of Labor Statistics and USDA Economic Research Service data shows a demand decline the last two years. The Retail Beef Demand Index started in 2000 with a value of 100, the LMIC graph said.   BEEF DEMAND STILL … Read More

The USDA’s Foreign Agriculture Service based in The Hague, Netherlands, said in a report Tuesday that the EU’s beef and pork production was expected to turn down. A dim economic outlook and mounting regulations are pressuring cattle herd sizes while the pig cycle is near a multi-year low.   2025 HERD TO SHRINK FURTHER   … Read More