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Friday, August 2,2013

Beef industry about to make a slow turn

by WLJ
The beef industry is about to reverse a downward trend in numbers, but expansion is expected to start slowly. The number of beef animals has been in a downward spiral since 2007 due to drought which has ravaged pastures and due to high prices of corn, soybean meal and forages.

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Monday, July 29,2013

New crop corn lower on good weather

by Kerry Halladay, Associate Editor
Read any market story and the vision of the market as a creature with its own quirks and foibles is hard to resist. Sometimes it’s the “Bull,” while other times it’s the “Bear.” It can be fickle, nonsensical, and driven by fear or greed. It can be spooked, confident, or ignore things altogether.

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Monday, July 29,2013

Placements decline over 4 times more than expected

by Kerry Halladay, Associate Editor
Calling the most recent Cattle on Feed (COF) report “bullish” is something of an understatement. Instead of the usual bovine mascot for that market scenario—horned, alert, ready for action—let’s substitute something more extreme.

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Friday, July 26,2013

Sideways trade in cash fed, live futures

by Kerry Halladay, Associate Editor
The cash fed market surprised last week when trade developed on Wednesday, contrary to analysts expectations of late-week trade. Over 10,000 head were confirmed sold in negotiated cash trade, and while that volume indicates more trade would be left for later on, it was sufficient to establish the numbers.

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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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