5-14-24 – Large commodity index funds, known as managed money, increased their collective net long live cattle futures position in the week ended Tuesday as hedgers trimmed their total net short position. The Commodity Futures Trading Commission published the data Friday for positions at the close of business the previous Tuesday in its weekly Commitments … Read More

Total US red meat and poultry production for 2025 was forecast by the USDA in its monthly World Agricultural Supply and Demand Estimates report Friday to be lower than 2024. Red meat and poultry production forecasts for 2024 were reduced from last month, with lower broiler, turkey and pork forecasts offset slightly by higher beef … Read More

Amid confusion about why US domestic beef demand remains solid amid inflationary pressures on household budgets, Kansas City Federal Reserve Economists Johannes Matschke and Alice von Ende-Becker may have some insights. In a recent Federal Reserve Economic Bulletin, Matschke and von Ende-Becker said, compared with most historical inflationary episodes since the 1960s, the current US … Read More

All in all, it’s been a good six and a half years for cattle feeders. Data from the USDA’s Agricultural Marketing Service and the National Agricultural Statistics Service that was compiled, analyzed and published by the Livestock Marketing Information Center in Denver, showed that beginning with December 2016, there have been 64 profitable months versus … Read More

Farmer sentiment declined sharply in April, as indicated by the Purdue University/CME Group Ag Economy Barometer, which fell 15 points from March to a reading of 99, said Purdue University Agricultural Economist James Mintert, in a release. The April Ag Economy Barometer survey was conducted from April 8-12, 2024. Both sub-indexes of the barometer also … Read More

March US pork exports were steady with last year’s volume and edged higher in value, according to data released by the USDA and compiled by the US Meat Export Federation. Beef exports and value were less than last March’s large volume but the value was the highest since June 2023, the USMEF said in a … Read More