During the week ended last Tuesday, June 18, large commodity index funds, known as managed money, expanded their collective net long live cattle position, while hedgers added to their total net short position. The data came from the Commitments of Traders report from the Commodity Futures Trading Commission, which usually is published on Fridays but … Read More

The Centers for Disease Control and Prevention is not calling for extreme measures to prevent infection just yet.  It considers the risk to be low. A CDC report said the CDC “considers the current risk to the US public from A(H5N1) virus infection amidst the ongoing US outbreak of A(H5N1) viruses to be low; however, … Read More

First-quarter farm debt at commercial banks continued to grow at a steady pace from the year prior, boosted by a substantial increase in farm operating debt, said Kansas City Federal Reserve Bank economists Francisco Scott and Ty Kreitman, in a Bank release. The growth in real estate debt remained robust but down from the peaks … Read More

The relatively slow pace of slaughter in the first four months of 2024 contributed to the number of cattle on feed longer than 150 days on May 1 being the highest since May 2012, said the USDA’s monthly livestock, Dairy, and Poultry Outlook for June. The 2024 beef production forecast was virtually unchanged as heavier … Read More

Gene editing in beef cattle holds the potential to produce cattle that are immune to certain diseases, but its use and widespread acceptance may be challenged in the beef marketplace. In the opinion of one market analyst, the pushback from consumer watchdogs over Genetically Modified Organisms in grains and legumes came because they first were … Read More

Large commodity index investment firms, known as managed money, reduced their collective net long live cattle futures position during the week ended Tuesday while hedgers trimmed their total net short position.     The data came from Friday’s weekly Commitments of Traders report from the Commodity Futures Trading Commission.   MANAGED MONEY SELLS CATTLE       … Read More

The USDA’s 2024 US red meat and poultry production forecast was raised from last month, according to the monthly World Agricultural Supply and Demand Estimates report. Beef production was seen as nearly steady with the May estimate, while pork and poultry production estimates were raised. For 2025, the red meat and poultry production forecast was … Read More