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Friday, January 31,2014

Cattle on Feed called neutral; steer, heifer slaughter up

by Kerry Halladay, Associate Editor
The most recent Cattle on Feed report came with a few surprises compared to prereport estimates. While the actual on-feed numbers came in almost dead on prereport expectations, the average industry estimate put placements almost three percentage...

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Friday, January 31,2014

Sorting the January cattle, beef market run

by WLJ
It appears that the phenomenal January run of wholesale beef prices may be over. Choice and Select boxed beef prices peaked on Wednesday, Jan. 22 at $240.05/cwt (Choice) and $237.44/cwt. (Select). Choice boxed beef dropped back nearly $3/cwt by Friday with Select dropping just over $1/cwt.

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Friday, January 31,2014

Winter's early start may increase hay demand

by WLJ
An early start to winter has caused many farms in the upper Midwest to reconsider whether they will have enough hay and other feeds to get their animals to spring. The summer of 2013 allowed many farms to replenish exhausted forage supplies that were caused by the drought the previous year.

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Monday, January 27,2014

Markets keep heading up; sky's the limit?

by Kerry Halladay, Associate Editor
The cash fed cattle trade continued its upward momentum with a vengeance last week as Wednesday saw over 20,000 head sell on that day alone, and at prices $5-6 higher live and $11-13 higher dressed than the prior week’s cash prices. Which, at $141-144 live and $126-129 dressed, were nothing to sneeze at to be sure.

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Monday, January 20,2014

Record cash trade; $143.74 live, $228.60 dressed

by Kerry Halladay, Associate Editor
Corn Belt—$1-2 higher live and fully $4-7 higher dressed than the prior week—by close of trade Thursday those prices had advanced to as high as $144.50 live (all grade steer average of $143.74) and dressed prices as high as $230 (all grade steer average of $228.

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Monday, January 20,2014

Corn supplies surprise industry, revised down

by Kerry Halladay, Associate Editor
Both the most recent World Agricultural Supply and Demand Estimates (WASDE) report and the annual Crop Production report were released Friday, Jan. 10. The number people were waiting for was the final word on corn production for the 2013 year.

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Monday, January 20,2014

A preview of things to come

by Kerry Halladay, Associate Editor
Looking to the future is a common habit in these early weeks of a new year, but this year seems to be special in terms of that frequent pastime.

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Friday, January 17,2014

Soaring beef, cattle prices say a lot about beef demand

by WLJ
“This is a good thing for both sides,” said Glynn Tonsor, Livestock Marketing Specialist with K-State Research and Extension, noting that while the prices may be construed as impeding some beef purchases at grocery store meat counters, some consumers are willing and able to buy at these prices.

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Friday, January 17,2014

Feed cost considerations for cow/calf producers: hay, cow carrying costs

by WLJ
Hay production in 2013 reflected the improvement in drought conditions in the last half of the year. In the recently released USDA Crop Production 2013 Summary, all hay production was up 13.4 percent over record low production totals in 2012.

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Monday, January 13,2014

Drought took its toll on Southwest market

by Kerry Halladay, Associate Editor
Times have been tough in the heart of classic cowboy country these past few years. The Southwest has seen some of the worst drought it’s experienced in ages in 2011-2013. Drought and its accompanying friend, fire, has taken a toll on ag real estate and pasture values.

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