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
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July Kansas Feedlot Marketings Rise Sharply
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
July Beef Exports Build; Pork Still Strong
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
Funds Reverse Course, Nudge Cattle Holdings Up
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
Cow Prices Projected Higher
Cow prices have garnered attention in recent weeks as price forecasts and projections specific to cull cows are uncommon, said Matthew Diersen, risk and business management specialist at South Dakota State University, in a Livestock Marketing Information Center letter called In The Cattle Markets. However, the Economic Research Service provides a quarterly forecast for cutter … Read More
Canada Cattle On Feed Decline, Near Seasonal Low
Canada’s monthly cattle on feed Aug. 1 declined seasonally but continued to widen the gap between 2024 totals and both last year and the 2018-2022 average. The data is collected by CanFax, a division of the Canadian Cattle Association from feedlots in Alberta and Saskatchewan. Most of the collected data is kept and distributed to … Read More
Beef Exports Face Continued Headwinds
For the first half of the year, beef exports decreased 4.5% year over year, said Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, in a letter called Cow-Calf Corner. That followed a 14.3% year over year decrease in 2023, down from record beef exports in 2022, Peel said. Beef exports continue to follow current … Read More