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
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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