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

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