Below you'll find a list of all posts that have been tagged as “livestock market analysis”
The U.S. Department of Agriculture has released their latest Beef Production and Price forecasts. World Agricultural Outlook Board Chairman Mark Jekanowski explains,” Our beef production forecast for this year, we lowered by 20 million pounds. This reflects just the fact that we’re anticipating a little bit lower steer and heifer slaughter, partially offset by higher weights and more cow slaughter. But overall …
The USDA Has released the latest Cattle on Feed Report and USDA Livestock Analyst Michael McConnell provides insights into beef supplies as we get closer to grilling season. McConnell said, “Overall our feedlot inventories remain about on par with where they were a year ago. Placements were actually up year over year during February, which that’s the first time that’s happened since …
We’re keeping an eye on live cattle and feeder cattle futures as markets move into the second half of the month, and momentum remains firmly in place. Managed money fund traders have not slowed down their buying activity, continuing to provide strong underlying support for the cattle complex. In live cattle, speculative positioning has reached notable levels. Live cattle net …
Tight Supplies and Strong Demand Push Live and Feeder Cattle Markets Higher Livestock analysts say the cattle markets are responding exactly the way they like—with a clean, straightforward story. Tight supplies paired with strong demand are giving both live cattle and feeder cattle contracts a significant lift as the industry moves deeper into the marketing year. As analysts put it, …
