I want to add another answer because none of the existing answers actually answered the 'Am I missing my actual application logcat logs here?' question.
Yes, you're missing the logs. As soon as app considered 'chatty' by logcat (more than 5 lines per second), logs of your app will be collapsed.
You can avoid this behaviour by whitelisting your app for logcat:
adb logcat -P '<pid or uid of your app>'
You can print the current white and black lists by executing:
adb logcat -p
Also this command is helpful to print logcat statistics:
adb logcat -S
Additionally, I found useful to auto-whitelist my app for logcat directly from code during tests:
int pid = android.os.Process.myPid();
String whiteList = "logcat -P '" + pid + "'";
Runtime.getRuntime().exec(whiteList).waitFor();
More info can be found in official docs for logcat here
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