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Monday, March 2,2015

Futures try to regain early-week losses

by Kerry Halladay, Editor
The cash fed trade was slow and developed warily last week as other portions of the market moved erratically. By Thursday afternoon, more than 18,000 had been confirmed sold at $156-157 live and $250-252 dressed. This was down $3-4 live and down $1-8 dressed compared to the prior week.

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Monday, March 2,2015

Markets in limbo

by Pete Crow - Publisher
Boxed beef cutout values are on the rise this past week after several weeks of production declines. Packers have been experiencing losses of $100 per head for several weeks and that looks to be changing. The Choice cutout was $244.24 last Tuesday, up about $5 from the.

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Monday, February 23,2015

Canada confirms case of BSE, first since 2011

by Traci Eatherton, Editor
Like the U.S., Canada’s beef cattle industry takes BSE surveillance seriously. The Alberta BSE case finding, while unfortunate, demonstrates the robustness of the National BSE Surveillance Program Canada has in place, the Canadian Cattlemen’s Association (CCA) shared.

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Monday, February 23,2015

Obama creates 21,000-acre monument in CO

by Traci Eatherton, Editor
Last week, President Obama announced three new national monuments, adding to the 13 monuments he’s already designated during his presidency. Traveling to Illinois, Obama officially proclaimed the Pullman Historic District of Chicago, Browns Canyon in Colorado, and a former Honouliuli Internment Camp site in Hawaii to be national monuments.

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Monday, February 23,2015

Take a peek at the other team's playbook

by Kerry Halladay, Editor
The football season has long since ended and baseball hasn’t yet started. So in the meantime, perhaps your strategy needs can be sated with a peak at a different sort of playbook. Brazil is the U.S.’ biggest beef competitor so it’s important to keep tabs on what it’s doing.

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Monday, February 23,2015

Port problems disrupt exports, beef supply

by Kerry Halladay, Editor
The issue of the West Coast ports—and the effect that has had on beef trade—was the story of the week last week. Everything from cash fed trade to the futures turned on the slowdown in export demand and the prospect of more competing protein and beef needing to be absorbed by the domestic market.

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Monday, February 23,2015

Union chokes economy

by Pete Crow - Publisher
This situation with the West Coast shipping ports is getting out of hand and has been for a while. Beef and meat exports to our Asian customers have been damaged and it will take some time to rectify. The labor unions are fighting for relevance while the rest of the.

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Friday, February 20,2015

Black Ink

We still want beef

by Miranda Reiman, Certified Angus Beef
“Even during a recession, folks still want to have beautiful moments in their lives,” says John Lundeen, Senior Executive Director of Market Research for the National Cattlemen’s Beef Association (NCBA), a contractor to the Beef Checkoff.

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Friday, February 20,2015

Do you support your Beef Checkoff Program? I do.

by WLJ
That’s something I’m excited to support. In fact, an overwhelming majority of beef and dairy producers continue to say their beef checkoff has value for them in many ways, including contributing to a positive trend in beef demand and the profitability of their operations.

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Friday, February 20,2015

Farm sector profitability is expected to weaken

by WLJ
U.S. net farm income—a measure of the sector’s profitability—is forecast to be $73.6 billion in 2015, down nearly 32 percent from 2014’s forecast of $108 billion. The 2015 forecast would be the lowest since 2009 and a drop of nearly 43 percent from the record high of $129 billion in 2013.

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