Below you'll find a list of all posts that have been tagged as “cattle placements”
The U.S. Department of Agriculture is offering an early look at the cattle market outlook for next year. In this report, Mark Jekanowski, chair of the World Agricultural Outlook Board, discusses USDA’s latest forecast for 2027 beef production and steer prices. “For 2027, we have a reduction of about 150 million pounds this month for beef production, reflecting our expectations …
USDA’s monthly cattle on feed report released after the close today, most analysts suggest it will not offer much help to the cash market or futures. In fact, one analyst called the cattle complex a train wreck in slow motion. Bottom line analysts say they must agree with live cattle and feeder cattle futures ending the week near nine-month lows. …
This afternoon’s cattle on feed report could at least stabilize cattle futures at recent lower levels. As if the extended heat were not enough for cattlemen to battle across the country, open interest in live cattle futures has plunged to the lowest level of the year. Feeder cattle index is now the lowest since mid-January. Heavy selling reappeared around midweek, …
