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Friday, July 26,2013

Opportunities for stronger economic returns, greater environmental sustainability

by WLJ
The beef industry faces the challenge of producing enough affordable beef to meet the nutritional requirements of an ever-growing global population. This is being accomplished through best practices that positively impact both the environment and economics.

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Friday, July 26,2013

Market access triggers swings in beef variety meat values

by WLJ
In the U.S. when we think beef, we are likely to think of a juicy steak, a rack of ribs or our cherished hamburgers. But if you’re pulling your chair up to the dinner table elsewhere, liver may be the main course in Egypt. Or tongue in Japan. Or heart in Peru.

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Monday, July 22,2013

Live futures set-up sparks anger

by Kerry Halladay, Associate Editor
Showlists were said to be smaller last week, but expectation of what the Cattle on Feed report might hold kept bidding at a minimum and next to no trade by Thursday afternoon. Analyst expectations started the week at steady at worst, but as the futures markets tumbled on Wednesday, expectations fell to steady to $1 down, dependent on the report.

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Friday, July 19,2013

Ag's boom waning, economists warn

by DTN
Get ready to say goodbye to the latest bonanza years of grain agriculture. The world may be adding billions of new mouths to feed over the next few decades, but population growth alone isn’t enough to sustain record-busting crop incomes that made...

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Friday, July 19,2013

USDA announces Export Promotion Allocations for Fiscal Year 2013

by WLJ
Agriculture Secretary Tom Vilsack announced last week that USDA’s Foreign Agricultural Service (FAS) awarded fiscal year 2013 funding to more than 70 U.S. agricultural organizations to help expand commercial export markets for their goods. USDA remains focused on carrying out its mission, despite a time of significant budget uncertainty.

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Friday, July 19,2013

Marketing your hay

by WLJ
As producers finish harvesting their second cutting of alfalfa or first cutting of grass hay, some may be looking to market the hay they don’t need. To maximize profits, there are a few things Tracey Renelt, South Dakota State University (SDSU) Extension dairy field specialist encourages hay producers to consider.

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Friday, July 19,2013

Joint ventures: cooperatives working with other firms

by WLJ
Cooperatives are corporations that are owned, controlled, and used primarily by the customers they serve. Regular cooperative members invest funds in the cooperative that are used to purchase assets. Those assets enable the cooperative to conduct business operations within a given market.

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Friday, July 19,2013

Trade flows change between U.S., Mexico

by WLJ
The latest livestock trade data provides additional indication that the Mexican cattle industry is undergoing rapid and dynamic change. Changes in cattle and beef flows between the U.S. and Mexico have significant implications for the cattle industries on both sides of the border.

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Monday, July 15,2013

Reports hopeful

by Kerry Halladay, Associate Editor
The negotiated cash trade held off last week as small showlists and reasonable strength in the futures gave the bargaining power to cattle feeders. Bids developed low on Tuesday at $115-117 in the South Plains and $190-191 in the Corn Belt, but sales were too few to set a market trend.

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Friday, July 12,2013

Beef numbers down in July WASDE, corn bearish

by Kerry Halladay, Associate Editor
The most recent World Agricultural Supply and Demand Estimates (WAS- DE) report came out Thursday, July 11, and was much anticipated on the corn front. Ending stocks of corn—what most were interested in—increased slightly, which had the immediate result of a decent rally in corn futures and a decline in feeders.

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