Boxed beef cutout values, as defined by the USDA, are caught in a range and holding at higher levels than last year or the 2017-2021 average, according to USDA data processed and published by the Livestock Marketing Information Center in Denver. Being caught in a range at this time of year is fairly common when … Read More

The October forecast from the USDA’s National Agricultural Statistics Service for 2023 red meat and poultry production was lowered from September, as higher beef and pork production was thought to be more than offset by lower broiler and turkey production. For 2024, the red meat and poultry production forecast was raised. The data was contained … Read More

The USDA’s Foreign Agriculture Service Thursday said that in 2024, EU pork, beef and chicken meat exports were forecast to account for 15% of global exports, marking a significant decline from 20% in 2019. In comparison, total Brazil pork, beef and chicken meat exports were forecast to increase from 20% to 26% during the same … Read More

Strategic risks threaten a farm’s ability to meet its long-term objectives and often cause a farm to rethink its long-run strategy. That was the assessment of Purdue University researchers Margaret Lippsmeyer, Michael Langemeier, James Mintert and Nathan Thompson, after analysis of farmer surveys of their agility, or ability to adapt to changes in the economy, … Read More

Livestock Risk Protection has often sparked the interest of cow-calf producers and smaller cattle feeders looking for a cost-effective way to transfer downside price risk to others, wrote Matthew Diersen, risk and business management specialist at South Dakota State University, in a Livestock Marketing Information Center letter called In The Cattle Markets. A few years … Read More

August US pork exports were about steady year-over-year, led by another tremendous performance in Mexico, according to data released by USDA and compiled by the US Meat Export Federation. Beef exports were well below the large totals posted in August 2022 but showed gains over July results, the USMEF said in a release.   PORK … Read More

Managed money, a moniker for large commodity investment firms, decreased their collective net long live cattle futures position in the week ended Tuesday while hedgers cut their total net short position. The information was contained in the weekly Commitments of Traders report Friday from the Commodity Futures Trading Commission.   FUNDS CUT LONG CATTLE POSITION … Read More