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Friday, October 25,2013

U.S. beef tripe ads roll into Peru

by WLJ
U.S. beef exports to South America are up sharply in recent years, and Peru is one of the main drivers of this phenomenal growth. Now residents in this nation of 30 million have mouthwatering images of one of their favorite dishes—made with high quality, grain-fed U.

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Monday, October 21,2013

Cutout, cash fed cattle jump high

by Kerry Halladay, Associate Editor
Last Thursday came with word that the government was back up and running. Politics and speculations of the future aside, this was a welcomed change from the market point of view. Finally there are official numbers on cattle sales and beef prices! However, the market party can’t start just yet.

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Monday, October 14,2013

Big ranches bring big money in mountain states

by Kerry Halladay, Associate Editor
The other big things going on in the country—changes to taxes and healthcare laws, the market swings and considerable uncertainty with the government—have convinced many wealthy buyers that now is the right time to realize their dream of owning a piece of America’s premiere mountain landscape.

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Friday, October 11,2013

Blizzard's market impact mixed

by Kerry Halladay, Associate Editor
The continued government shutdown has lent more speculation to the cash markets. Asking prices, bids, and the fact it was another week of Friday trade were all easy to track. But expectations of where that Friday trade would eventually come in was all over the map, from “up” to “down” to “steady” predictions.

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Friday, October 11,2013

No U.S. data; some Mexican data

by WLJ
The lack of federal government data collection has already impacted livestock markets. The impacts will grow exponentially if the situation persists for many more days. The most significant initial impacts are on business arrangements that base beef and cattle transactions on USDA price reports.

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Friday, October 4,2013

Stocker production opportunities increasing with feeder prices

by WLJ
The ingredients for the best winter wheat grazing opportunity in several years seem to be coming together this fall. Most all of Oklahoma has received significant rain in the past two weeks. The rain is sufficient, in most cases, to get wheat planted and up.

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Monday, September 30,2013

Placements lowest on record

by Kerry Halladay, Associate Editor
The most recent Cattle on Feed report again had bullish surprises in the placements area. Analysts expected placements to be down, but what actually happened was a shock. Placement numbers inspire questions; are cattle being held back or do they exist at all?.

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Friday, September 27,2013

Cash, futures, product values up

by Kerry Halladay, Associate Editor
The trend of a Friday trade continued last week; Packers might have done themselves a disservice in waiting as futures did nothing but strengthen throughout the week and they were said to have had short supplies of contract cattle around them. Analysts expected trade to take place late Friday at higher money compared to the prior week.

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Monday, September 23,2013

Demand mixed

by Kerry Halladay, Associate Editor
Yet another week of “wait- ‘til-Friday” trade in the cash fed cattle markets. With larger show lists, a number of outside influences on the market, and the expectation of a late Friday-afternoon Cattle on Feed report, the theme was one of biding time..

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Friday, September 20,2013

2013 to be export year for beef

by Kerry Halladay, Associate Editor
Production estimates were upped for both this year and next on increased bull and cow slaughter throughout this year. Estimates of 25.68 billon pounds (bp) of beef were set for 2013 and 24.23 bp for 2014. These are both below the production of 2012, but up from earlier expectations this year.

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