This year’s Australian beef supply surged and is projected to reach the second-highest production level on record next year, according to a report from the USDA’s Foreign Agriculture Service in Canberra, Australia. That anticipated expansion follows a major turning point in 2024, with production estimated to increase by 14% from 2023 and 34% from the … Read More

Large commodity index funds, known as managed money, continued to extend their collective net long live cattle futures position during the week ended Tuesday, according to the weekly Commitments of Traders report from the Commodity Futures Trading Commission. The CFTC also said cash cattle traders, known as commercial traders, or just commercials, extended their total … Read More

The USDA’s September forecast for 2024 red meat and poultry production was raised Thursday from last month on higher beef, pork and broiler forecasts. For 2025, the red meat and poultry production forecast was raised to 25.625 million pounds from August’s estimate of 25.445 million with beef production up on higher steer and heifer slaughter … Read More

Consumer market research conducted by the National Cattlemen’s Beef Association reveals great information about the positive effect of Beef Quality Assurance certification. The BQA website said the program’s mission is to guide producers toward continuous improvement using science-based production practices that assure cattle well-being, beef quality and safety. Did you know?   71% of consumers … Read More

July sales of slaughter-ready cattle to beef packers, or marketings, from Kansas feedlots rose sharply from June, surpassing July 2023 totals but falling short of the 2018-2022 average. For comparison, the USDA reported US marketings for the month were up from June and a year earlier. The Kansas data came from the Kansas State University … Read More

Exports of US beef continued to build momentum in July, according to data released by the USDA and compiled by the US Meat Export Federation. A USMEF release added that pork exports also were well above year-ago levels in July, led by a value record for shipments to Mexico.   BEEF EXPORTS UP 7%   … Read More

During the week ended Tuesday, large commodity index funds, known as managed money, reversed a four-week trend and nudged their collective net long live cattle futures position higher. In its weekly Commitments of Traders report Friday, the Commodity Futures Trading Commission also said that hedgers, called commercial traders, reduced their total live cattle net short … Read More