The National Cattlemen’s Beef Association issued a statement Friday strongly opposing the US Department of Agriculture’s decision to allow Paraguayan beef imports into the US starting next month. The rub comes because Paraguay has Foot and Mouth Disease among its livestock. FMD has been called the most contagious disease known. And while it does not … Read More
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Managed Money Buys A Few Cattle Futures
Large commodity index firms, known as managed money, increased their collective net long live cattle futures position during the week ended last Tuesday, Nov. 7, as hedgers grew their total net short position. The data came from the Commodity Futures Trading Commission’s weekly Commitments of Traders report Monday. The report usually is published each Friday … Read More
Canada On-Feed Numbers Rise Seasonally
Canada’s Nov. 1 monthly cattle-on-feed numbers rose seasonally and remained greater than last year and the 2017-2021 average as placements increased. The data came from CanFax, a private market advisory group. CanFax surveys members in Alberta and Saskatchewan and shares survey results for placements and total on-feed numbers with the Livestock Marketing Information Center in … Read More
USDA Lowers 2023 Red Meat, Poultry Production
The USDA’s latest forecast for 2023 red meat and poultry production was reduced from last month with lower beef, pork, broiler and turkey forecasts. 2023 BEEF PRODUCTION SEEN LOWER The monthly World Agricultural Supply and Demand Estimates report Thursday said the 2023 beef production estimate was lowered 44,000 pounds, or 0.16%, to 26.932 … Read More
September Kansas Feedlot Closeouts Decline Seasonally
Closeouts by Kansas feedlots in September declined seasonally and remained below the 2017-2021 average, according to a monthly survey of select yards across the state. The Kansas State University Extension service conducts a monthly survey of those lots, collecting data on the closeouts, or cattle sold to beef packers and closed out of the feedlots’ … Read More
October Farmer Sentiment Up Slightly From September
There was a slight uptick in agricultural producers’ sentiment in October, as the Purdue University/CME Group Ag Economy Barometer index rose four points to a reading of 110, said Purdue Agricultural Economist James Mintert, in a release. The modest improvement in farmer sentiment resulted from farmers’ improved perspective on current conditions on their farms as … Read More
Evaluating Alternative Feedstuffs For Cattle
Justin Waggoner, beef systems specialist, for Kansas state University’s Extension service in Garden City, said in a release that obtaining a nutrient analysis of potential feedstuffs is vital to cattle producers. The term “alternative feedstuff” conjures images of a variety of post-production food products (i.e. bakery waste, potato products, candy remnants, brewery waste, etc.) that … Read More