Funds Sell More Cattle Futures

Large commodity index funds, known as managed money, sold live cattle futures during the week ended Tuesday while hedgers covered short positions, according to the weekly Commitments of Traders report from the Commodity Futures Trading Commission Friday. All of that took place as futures prices rose.   MANAGED MONEY SELLS CATTLE   As of Tuesday, … Read More

Grid Pricing Systems Benefit Feeders

Premiums and discounts for US fed cattle have evolved over time in response to changing consumer demand for beef, said Katy Doumit, Kansas State University graduate research assistant and Ted Schroeder, KSU agricultural economist, in a release. Cattle producers have benefitted from grid pricing by receiving elevated prices for higher-quality beef, Doumit and Schroeder said. … Read More

Wheat Pasture Prospects Marred By Continued Drought

Prospects for wheat pasture started well this fall with many areas getting late summer rains, but many wheat grazing areas did not get adequate rains for most of September and October, said Paul Beck, Beef Cattle Specialist, with Oklahoma State University. Most of the wheat-grazing region got rains that likely will drive enough forage production … Read More

Canada Cattle On Feed Above 2022, Average

Canadian Cattle on Feed numbers on Oct. 1 remained above last year and the previous five-year average, according to data from CanFax, a private market advisory group. CanFax surveys customers in Alberta and Saskatchewan for its on-feed data and shares the on-feed and placement numbers with the Livestock Marketing Information Center in Denver for compilation … Read More

Lower Production Pinches Ground Beef Supplies

The decline in beef production this year means ground beef supplies will be smaller and prices higher going forward, said Oklahoma State University Extension Livestock Marketing Specialist, in a letter called Cow-Calf Corner. Ground beef is an important component of total US beef consumption and is the inexpensive alternative that consumers increasingly turn to when … Read More

Managed Money Sells Cattle Futures

During the week ended Tuesday, large commodity index funds, known as managed money, sold live cattle futures aggressively. At the same time, commercial traders, those who own, or will own, the cattle traded in the futures market, covered many of their short positions. The data came from the weekly Commitments of Traders report Friday from … Read More

Third-Quarter Farm Lending Slower

Farm lending activity at commercial banks slowed further in the third quarter alongside a drop in operating loan volumes, said Kansas City Federal Reserve Bank Economists Nate Kauffman and Ty Kreitman, in a Bank release of the results of a survey of agricultural banks. The number of new non-real estate farm loans was flat compared … Read More