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Friday, June 27,2014

U.S. exporters say they appreciated Chinese red meat trade team visit

by WLJ
Senior-level buyers from some of the top red meat importers in China and Hong Kong toured the heartland of America with the U.S. Meat Export Federation (USMEF) last month, getting a top-tobottom education on U.S. agriculture and the red meat industry..

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Friday, June 27,2014

Stored beef declines

by Kerry Halladay, Associate Editor
The most recent Cold Storage report was released last week. It showed that stores of beef in all warehouses across the country are down considerably from the same time last year. As of May 31, there were 378.9 million pounds of beef in cold storage, representing 38.

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Friday, June 27,2014

No new surprises

by Kerry Halladay, Associate Editor
Cattle on feed in feedlots of 1,000 head or greater capacity as of June 1 stood at 10.59 million, down 1.7 percent compared to June 1 of last year. As has been the case for the past several months, all of the major cattle-feeding states, save Nebraska, saw declines in their on-feed populations.

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Monday, June 23,2014

Cash fed, product values climb

by Kerry Halladay, Associate Editor
The markets were alive last week! Cash feeders were still shooting for the stars, feeder futures were bouncing off the walls, and—despite analysts’ predictions—the bulk of the cash fed trade was accomplished ahead of last Friday’s Cattle on Feed report.

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Monday, June 16,2014

Production estimates decline with supplies

by Kerry Halladay, Associate Editor
The most recent World Agricultural Supply and Demand Estimates (WASDE) report was released last Wednesday. Though much of the grain-trading world was awaiting its release, the Crop Progress report had more interesting data than did WASDE. Projections of meat and poultry production show the effect of decreased supplies in beef, however.

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Monday, June 16,2014

Fed cattle, feeder cattle move higher

by Kerry Halladay, Associate Editor
Relative to the action in the feeder markets, describing the cash fed trade of last week as in low gear would be generous. That said, trade—once it happened—was decent. By Thursday afternoon, 18,083 head of cattle had been confirmed sold, almost all of them on Thursday, at $148 live in the Southern Plains and $233-235 dressed in the Corn Belt.

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Friday, June 13,2014

Beef, pork exports continue growth trend

by WLJ
U.S. beef and pork exports continued their positive growth trend in April, increasing by double digits in volume and by an even healthier margin in value, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (US- MEF).

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Friday, June 13,2014

Beef market wants more Prime

by WLJ
Instead, a paradigm shift swept through the U.S. feeding industry: those last days on feed are not so inefficient because cattle are growing carcass weight to sell on value-based grids. Supporting factors included the growing use of beta-agonists and the shrinking supply of feeder cattle that made replacements more costly.

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Friday, June 13,2014

Backfat, quality grade and the ideal beef end point

by WLJ
Traditionally, cattle feeders have estimated external fat thickness over the12th rib as one measure of finish, and although some research and carcass contests still ship cattle to the packer as soon as 0.3 inches, the norm has reached nearly twice that.

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Friday, June 6,2014

Feeder cattle move higher

by Pete Crow - Publisher
Feeder cattle markets continue to move higher with a major record high set last week. October feeder cattle futures broke $2 in overnight trade last Wednesday. Good rains have come over the past couple weeks in areas of the Southwest, causing a case of grass fever which has encouraged cattlemen to bid on light calves.

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