Close
Home  Markets
 
 
Friday, September 28,2012

Beef: bigger and bigger

by WLJ
Maybe not all cattle feeders see it that way, but in the big picture, that’s what is happening, says Shawn Walter, president of Professional Cattle Consultants (PCC). He presented “How big can we go?” at last month’s Feeding Quality Forum in Grand Island, NE, and Amarillo, TX.

Read more Read it in print
Friday, September 21,2012

Product values up despite market break

by WLJ
Very few bids were posted, none in the first half of the week, and those that surfaced later on were in the area of $122 live in the South Plains, and $192-194 in the Corn Belt with no takers. Asking prices were generally $126 live in the South Plains and $197-200 dressed in the Corn Belt.

Read more Read it in print
Friday, September 14,2012

Fed futures pass resistance levels

by WLJ
Surprisingly high cash fed cattle trade developed Wednesday last week. Cattle were selling $196-197 dressed and $126-127 live in the Corn Belt and in some portions of the South Plains. Colorado didn’t sell any cattle that day and Nebraska and Iowa sold lightly at $124-126 live and $194-195 dressed.

Read more Read it in print
Friday, September 14,2012

High corn estimates surprise industry

by Kerry Halladay, Associate Editor
The September World Agricultural Supply and Demand Estimates (WASDE) report came out Wednesday, Sept. 12. This report held some surprises in corn, though the surprises were mostly in that the estimates varied so much from, and were so much stronger than, pre-report industry expectations.

Read more Read it in print
Friday, September 14,2012

July beef export value largest of 2012, pork lags

by WLJ
U.S. pork exports in July were slightly lower than a year ago while beef exports dipped moderately in volume, achieving their largest monthly total of 2012 while holding steady in value. These results are based on statistics released by USDA and compiled by the U.

Read more Read it in print
Friday, September 7,2012

FY2013 to see record exports

by Traci Eatherton, WLJ Managing Editor
USDA has forecast agriculture exports to reach a record $143.5 billion in the 2013 fiscal year, with strong demand from Canada, Europe and Japan, according to The Outlook for US Agricultural Trade released Aug. 31 by the USDA’s Economic Research Service (ERS) and Foreign Agricultural Service.

Read more Read it in print
Friday, September 7,2012

Product values reverse, begin up again

by WLJ
No relevant trade developed last week up to midday Thursday. Bids of $120 live surfaced in Texas on Wednesday, but no trade developed as cattle feeders stuck to their offers of $125-126 live and $193-194 dressed. Trade was expected to crop up late in the week at steady to higher prices compared to the prior week’s $122-123 live and $188-190 dressed.

Read more Read it in print
Friday, August 31,2012

Fed cattle, cutouts falter

by WLJ
No real market trend was evident in the cash fed cattle trade by midday Thursday last week. Bids trailed asking prices by $2-3. Offers of $122- 123 live were seen in the South Plains and $188-190 dressed in the Corn Belt, with some even as high as $192.

Read more Read it in print
Friday, August 31,2012

Beef stores shrink in pounds, grow in share of total meat

by Kerry Halladay, Associate Editor
The most recent Cold Storage report shows stocks of total red meat and poultry in cold storage as of July 31 at 2.24 billion pounds (bp). Of that, beef represented roughly 20 percent at 455.74 million pounds (mp). When compared to the previous report, beef in cold storage dropped 3 percent but increased in its portion of overall red meat storage.

Read more Read it in print
Friday, August 17,2012

High cutouts could slow demand

by WLJ
Cash fed cattle markets were slow to develop last week with minimal activity occurring through Thursday morning. Not enough trade occurred in the first half of the week to establish an accurate market test. Expectations existed of serious trade developing on later Thursday and Friday at $1-2 above the prior week’s levels.

Read more Read it in print
 
 
User Box (click to open)
 
SEARCH IN WLJ
Get WLJ In Your Inbox!
   
 
S M T W T F S
1 2 3 4 5
6 7 8 9* 10 11 12
13 14* 15 16 17 18* 19
20 21* 22 23 24 25 26
27 28* 29 30 31
 
 

© Crow Publications - Any reprint of WLJ stories, except for personal use, without permission, written consent and appropriate attribution is prohibited. 2008 Crow Publications. All rights reserved.