Large commodity index funds, known as managed money, pared their collective net long live cattle position in the week ended Tuesday as cash cattle traders covered some of their total net short position. The information came from the weekly Commitments of Traders report Friday issued by the Commodity Futures Trading Commission. FUNDS DIVEST SOME … Read More
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December Kansas Feedlot Closeouts Down
December closeouts from Kansas feedlots made an uncharacteristic downturn that put the result closer to last year and the 2029-2023 average. The data comes from the Kansas State University Extension service, which polls a select list of Kansas feedlots each month for production data. The raw data is submitted to the Livestock Marketing Information Service … Read More
2026 Farm Economy Outlook Subdued
At the end of 2025, the outlook for the US farm economy remained subdued alongside weakness in the crop sector, but aggregate farm financial stress remained limited, said Ty Kreitman, economist with the Kansas City Federal Reserve Bank, in a release. Direct government payments and resilient farm real estate values have eased some of the … Read More
WASDE Report Boosts Red Meat Production Estimate
The USDA’s monthly World Agriculture Supply and Demand Estimates report for 2026, said the total red meat and poultry production estimate was raised as higher estimated beef and pork production partially offsets a lower broiler and turkey production estimate. BEEF PRODUCTION ESTIMATE RAISED The 2026 beef production estimate was raised to 25.920 billion … Read More
Cattle Report Underpins Cattle Markets
As more market analysts publish their takes on the Jan. 1 USDA Cattle (Inventory) report, it becomes clear that the bull market for cattle is likely to continue. It all still depends on the beef consumer. If high retail prices don’t drive them away, the market can at least continue to be supported at its … Read More
Managed Money Expands Net Long Cattle Position
Large commodity index funds, called managed money in the industry, expanded their collective net long live cattle positions during the week ended Tuesday while cattle owners put on some fresh short positions. The information came from the weekly Commitments of Traders report Friday from the Commodity Futures Trading Commission. FUNDS PUSH NET LONG CATTLE … Read More
Pork Cutout Running Higher Than Last Year
The USDA’s weekly pork cutout value is running at a higher level than the same week last year and the 2020-2024 average, pushing feeder pig prices higher. Weekly prices for 40-pound feeder pigs are rising faster than is average and already are higher than last year’s peak. They even started the year at a higher … Read More