Feeder cattle supplies just got a little tighter. The US Animal and Plant Health Inspection Service over the weekend clamped import restrictions on cattle and bison from Mexico after a case of New World Screwworm was confirmed in a cow in Chiapas state, which is near the Guatemalan border. The US hasn’t had a reported … Read More

Large commodity index funds, otherwise known as managed money, increased their collective net long live cattle futures position in the week ended Tuesday, their ninth straight week of increases. In its weekly Commitments of Traders report Friday, the Commodity Futures Trading Commission also said hedgers trimmed their total net short live cattle position.   FUNDS … Read More

US commercial red meat production totaled 5.024 billion pounds in October, up 250 million, or 5.24% from the 4.774 billion produced in October 2023, the USDA said Thursday in its Livestock Slaughter report. October’s commercial red meat production also was up 573 million pounds, or 12.9%, from September’s 4.451 billion pounds. The totals included beef, … Read More

The October USDA Cattle on Feed report estimated heifers made up nearly 40% of all cattle on feed, a signal of producer intentions about retaining heifers as replacements, said Rob Ziegler, Extension specialist at the University of Wyoming. Writing for the Livestock Marketing Information Center, Ziegler said consensus is that the heifer mix needs to … Read More

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