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Monday, November 17,2014

Production, import estimates increased

by Kerry Halladay, Associate Editor
Last Monday, the November World Agricultural Supply and Demand Estimates (WASDE) report was released. Most noteworthy was the one-month reversal of corn yield rates, even as analysts still call for higher yield estimates.

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Monday, November 17,2014

Futures, cutout climb; packers still losing

by Kerry Halladay, Associate Editor
The cash trade was slow to develop last week as packers were stretching what they had in committed cattle to cover reduced production needs. Increases in the futures also had them holding off buying in hopes of a downturn as cattle feeders were asking for higher money.

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Monday, November 10,2014

Reduced production not saving packers

by Kerry Halladay, Associate Editor
Activity in the cattle and beef markets was slow last week as the nation turned its attention to the elections and the strength in the outside markets. Live and feeder cattle futures were quietly mixed as more attention-grabbing markets—the Dow and the S&P 500— set record highs.

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Friday, November 7,2014

Marginal thinking for optimal decisions

by WLJ
For many producers, this may be a question of expanding the cow herd. In addition to potential herd expansion, producers should consider whether current market values should prompt management changes as well. Consider this question, for example: What is the optimal level of death loss for cows or calves?.

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Friday, November 7,2014

Stockers rise above commodity roots

by WLJ
Although margins are often tight in the stocker business, the higher dollar risk of recent years points to a need to think beyond buying low and light and selling high and heavy. Seasoned stockers like Mark Yazel, who operates along the border from Kiowa, KS, to northeastern Oklahoma, know there is more to it than weight.

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Friday, November 7,2014

TPP making headlines following election

by Traci Eatherton, WLJ Managing Editor
Prior to Election Day, Senator Rand Paul, a potential Republican Presidential candidate, gave a foreign policy address at the Center for the National Interest dinner in New York City. He was the recipient of the 2014 Distinguished Service Award, and offered some compelling arguments for the Trans-Pacific Partnership (TPP).

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Friday, November 7,2014

Demand for U.S. beef abroad is strong despite high prices

by Kerry Halladay, Associate Editor
Meat Export Federation (USMEF) hosted a press conference with representatives and leaders from various regions worldwide. Topics included what has gone on so far this year in U.S. meat trade, where it has seen success, where it still faces challenges, and where there are some opportunities.

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Monday, November 3,2014

Cutouts finally climb, leave margins behind

by Kerry Halladay, Associate Editor
By close of trade Thursday, slightly more than 9,000 head had been confirmed sold. Average live prices for steers were $167.50 and $263 dressed. Though light for a total-week sale, that likely set the tone for whatever cleanup trade that happened Friday.

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Friday, October 31,2014

Corn prices are expected to edge up, could pressure fed cattle bids in 2015

by WLJ
With lower prices, those incentives just aren’t there, for either acres or intensive inputs to push production,” Welch said. “On the demand side, we are still seeing strong export demand and good feed and fuel use. High meat prices offer rewards to increase livestock numbers and feed to heavier weights; that will require more grain used for feed.

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Friday, October 31,2014

China's growing demand for meat

by WLJ
China’s rapid economic growth and changing population demographics have affected the world’s most populous country. Driven by income growth, urbanization and a transition to a market economy, the Chinese diet has shifted from its usual staples to meat.

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