USDA’s monthly cattle on feed report was released Friday. The total number of cattle on feed in feedlots with 1,000 head or more capacity was 11.5 million head, unchanged from last month, but 98 percent of last year. Marketings totaled 1.63 million head, or 87 percent of last year, in li...
Cattle on Feed Report: Bullish Outlook
The U.S. Department of Agriculture (USDA) Agricultural Outlook Forum is taking place this week, covering key agricultural topics, unveiling the 10-year long-term baseline forecast, and providing commodity outlook updates. Further, the U.S. Supreme Court struck down the International Emergency E...
The USDA’s annual Agricultural Outlook Forum (AOF) featured the agency’s first look at the 2026/27 balance sheet for the major U.S. crops and livestock products. For corn, wheat, and soybeans, this year’s numbers were in line with expectations and did not spark much reaction f...
Dry bulk ocean freight markets are once again seeing diverging trends across the Atlantic and Pacific basins. Key to this divergence is the Chinese Lunar New Year holiday, which started last weekend and will last through 3 March. That is putting much of Asia on hold for trading and vessel inqui...
USDA issued its major S&D crop forecast for the upcoming crop season at its annual Outlook Conference. Although generally bullish for corn and bearish for soybeans, with a modest shift in plantings from beans to corn, the report had minimal market impact except perhaps in long-dated new cro...
USDA’s monthly cattle on feed report for February will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 98.4 percent of a year ago. Those estimates imply an on-feed inventory of 11.53 million head. The total inventory on feed...