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News

Senate shoots down Keystone plans

In a bit of a dramatic showdown last Tuesday, a Senate bill that would have given the green light for the Keystone XL oil pipeline, got the big stop sign—again. After the final vote was read, a man reportedly with the Lakota Tribe of South Dakota began singing, followed by protesters who called out Democrats who voted in support of the pipeline.

 

 
 
 
Markets

High cattle prices 'for some time'

One of the presenters, Gary Brester, Professor of Agricultural Economics and Economics at Montana State University, had a “weird story” to tell the audience.

 

 
 
 
News

Ranchers speak out about Gunnison listing

“We worked hand-in-hand with FWS in good faith that our actions were going to prevent a listing,” said Colorado rancher and Public Lands Council (PLC) member, Robbie LeValley. “Producers have made a lot of big sacrifices—some of them permanent. The population is documented to be stable.

 

 
 
 
Daily News

Dietary guidelines talk turns to sustainability

Sustainability, the industry buzz-word, has now made its way into the discussions on USDA’s 2015 diet guidelines, creating a bit of an industry stir and opening up some questions on the actual purpose of the guidelines. USDA issues new dietary guidelines every five years, traditionally based on sound science, but the next release may have a twist, with USDA telling Americans to not just follow good diets, but also pay attention to how their food is grown.

 

 
 
 
Daily News

Checkoff-funded beef innovation targets the Millennial market

One industry detail you’ve likely seen bandied about since summer is the return on investment numbers for the Beef Checkoff Program. For every dollar invested in the checkoff, the program has reportedly returned about $11.20 to the beef industry. But dollars alone don’t capture the value of the research and development work being done to open new markets and build domestic beef demand.

 

 
 
 
Daily Market Update

AFTERNOON MARKET UPDATE; Nov. 19

Light to moderate pressure is holding through the livestock complex through early electronic trade Wednesday as traders focus on the lack of buyer support and concern that overall volume may continue to erode heading into the Thanksgiving holiday.

 

 
 
 
Daily Market Update

DAILY FED CATTLE; Nov. 18

So far for Tuesday negotiated cash trading has been inactive on very light demand. Not enough sales for a market trend. The last reported markets were last week with live sales selling from 168.00-170.00 in the Texas Panhandle on a light test.

 

 
 
 
Daily Market Update

WEEKLY FEEDER CATTLE SUMMARY; Nov. 14

Compared to last week, steer and heifer calves sold steady to 5.00 higher with many instances 10.00 higher on steer calves throughout the Southern Plains.

 

 
 
 
 
 

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