The USDA’s Foreign Agricultural Service in Brasilia, Brazil, said in an annual report Wednesday that Brazil, the second largest beef producing country and the largest beef exporting country in the world, was expected to decrease slaughter in 2026. By then, rebuilding the cattle herd will be under way, having begun in the second half of … Read More
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July Kansas Fed Steer Closeouts Jump To 2025 High
Feedlot marketings of fed steers from the average Kansas feed yard jumped in July to their largest point of the year, according to data collected by the Kansas State University Extension service. KSU Extension surveys a select group of feedlots around the state for a variety of data points about their operations and cattle performance. … Read More
July Pork Exports Still Strong; Beef Struggles
July US pork exports were slightly less than last year but accounted for a larger share of production, according to data released by the USDA and compiled by the US Meat Export Federation. The USMEF added in a release that market access obstacles continued to weigh heavily on US beef exports, with the vast majority … Read More
Funds Increase Net Long Live Cattle Position
During the week ended Tuesday, large commodity index firms, known as managed money, increased their collective net long live cattle position. In releasing the data in Friday’s Commitments of Traders report, the Commodity Futures Trading Commission also said cattle hedgers boosted their total net short live cattle position. FUNDS GET LONGER LIVE CATTLE … Read More
St. Louis Fed Chair: Limit To Tariff Influence On Inflation
President Trump’s sweeping new tariffs likely will have no more effect on US inflation after another two or three quarters, said St. Louis Federal Reserve Bank President Alberto Musalem. Musalem made his remarks in a speech about the US economy and monetary policy at a Peterson Institute for International Economics event in Washington, DC, recently. … Read More
Beige Book: Economic Growth Steady To Higher
Most of the 12 Federal Reserve districts reported little or no change in economic activity since the prior Beige Book period. The Federal Reserve Bank made the report in the Beige Book, fan eight-times-a-year report on economic activity. OVERALL ECONOMIC ACTIVITY The four districts that differed reported modest growth, the Beige Book said. … Read More
Beef Demand Encouraging Cattle Producers
Calendar year 2025 continues to develop and likely will be one cattle producers and feeders will remember for some time, said Glynn Tonsor, agricultural economist for Kansas State University, in a letter for the Livestock Marketing Information Center called In The Cattle Markets. Cattle prices are up substantially, and many areas are greener and wetter … Read More