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Daily News and Market Updates
Daily News

NEW LAMB BOARD MEMBERS APPOINTED

Secretary of Agriculture Tom Vilsack recently appointed four members to the Lamb Promotions, Research, and Information Board. All appointees will serve three-year terms, beginning immediately.

 

 
 
 
Daily News

STUDY SHOWS ETHANOL SUBSIDIES NOT WARRANTED

According to a recent study by Bruce Babcock, an Iowa State University (ISU) economist, the federal government’s continuing subsidy of the biofuels industry is no longer warranted.

 

 
 
 
Daily Market Update

DAILY FEEDER CATTLE REPORT

At Oklahoma City, OK, this week, feeder steers were selling steady to $2 higher while stocker steers and steer calves were called $2-3 higher. Feeder and stocker heifers and heifer calves sold steady to $1 higher with feeder heifers just lightly tested.

 

 
 
 
Daily Market Update

DAILY FED CATTLE MARKET REPORT

Fed cattle trade on Thursday was inactive on light demand in the Southern Plains and Colorado with slow trade on moderate demand in Nebraska and the Western Corn Belt, with not enough sales in any feeding region to establish an adequate market test.

 

 
 
 
 
 
News from the current issue of WLJ
Markets

Market supported by supply and strong CME contract trade

Fed cattle markets were expected to move higher again last week after another rally in the boxed beef markets and significant increases in the futures markets. There was some light trade early last week to regional packers in the north at $152 dressed, but not enough to

 

 
 
 
News

UN continues to fault livestock production

A new report published by a team of scientists working cooperatively heaped more blame for the world’s problems on the doorstep of the livestock industry earlier this month. The book, "Livestock in a Changing Landscape," was written by Harold Mooney, a professor of

 

 
 
 
News

Wyoming passes legislation allowing for slaughter of unclaimed horses

In a landmark act of legislation, Wyoming Gov. Dave Freudenthal signed HB-122 Disposal of Livestock into law last week, effectively allowing for the slaughter of abandoned horses in the state of Wyoming. More specifically, the law provides the Wyoming Board of Livestock with several tools for

 

 
 
 
Comments

They’re back

Two years ago, futures markets started to take off about this time of year. Grain, cattle and hog contracts took off like a rocket. Thoughts were that fed cattle would be in short supply and demand was pretty good. But, it just didn’t seem to make sense; the fundamentals

 

 
 
 
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