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Friday, August 26,2011

Cattle on feed report confirms large placements

by Traci Eatherton, WLJ Managing Editor
With the third-highest Aug. 1 inventory since the series began in 1996, The National Agricultural Statistics Service reported that the number of cattle on feed in feedlots of 1,000 head or more in the U.S. rose to just above 10.6 million. This inventory was 8 percent above Aug.

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Friday, August 19,2011

Cattle prices continue climb

by WLJ
Plains fed cattle traded last week at $113-$114 in Texas, with dressed sales in Nebraska at $182. Wednesdays negotiated cash trade was inactive on light demand in the southern Plains and Colorado and limited on light demand in Nebraska and the western Plains.

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Friday, August 12,2011

Cattle prices strong despite outside volatility

by WLJ
Fed cattle trade was opening with sharply higher prices last week as a surge in boxed beef prices and improving packer margins helped fuel the market. Although volume was light through midday last Thursday, early dressed trade had been reported on light volume at $185 and analysts were predicting that the volume live trade would

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Friday, August 5,2011

Fed cattle firm despite outside market slide

by WLJ
Cash fed cattle trade was slow to develop last week as cattle feeders held out for higher money. The light, early trade seemed to indicate the tactic was working, with the light volume trading at $109.50 to $111 in the Corn Belt, although there were not enough animals trading hands at midday last Thursday to call the week’s trend.

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Friday, July 29,2011

Placements exceed expectations

by WLJ
The drought is forcing cow liquidation in the southern Plains, and it’s also pushing calves and lightweight feeder cattle into feedlots, according to USDA’s July Cattle on Feed report. The National Agricultural Statistics Service reported that the number of cattle on feed in feedlots of 1,000 head or more in the U.S. rose

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Friday, July 29,2011

Ag leader calls for balanced energy policy

by WLJ
Smart energy policy must balance renewable and conventional sources of energy, stress self-sufficiency and avoid diluting science with politics, according to California Farm Bureau Federation President Paul Wenger.

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Thursday, July 21,2011

Fed cattle prices decline as demand weakens

by WLJ
Fed cattle trade slipped again last week as high temperatures and declining demand hit the market. Analysts have been calling for a late July summer low, so the market could be close to hitting its bottom in the near term. In the southern Plains last week, live fed cattle traded $2-3 lower at $108-109 while dressed cattle in the North were

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Friday, July 15,2011

Expected weakness ahead caps fed market

by WLJ
Fed cattle trade was slow to get started last week with feedlots holding off on packer bids, hoping to keep the market steady despite the hot weather settling into much of the country. Packers, on the other hand, were hoping to push prices lower as a result of expected weakness in the beef markets in the weeks

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Friday, July 8,2011

Feeder cattle find better prices as corn slides

by WLJ
There are still expectations that beef demand going into the later half of July will weaken and that has the market reacting cautiously to any upside price advances. The full production week ahead should refill any beef supplies that moved through the pipeline prior to the Fourth of July holiday and domestic sales were about in line with

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Friday, July 1,2011

Video sale posts excellent prices on strong demand

by WLJ
The fed cattle trade last week was slow to get started as packers were looking at the expectation that beef prices were likely to drop after the Fourth of July holiday weekend. That kept the bulk of last week’s trade pending at midday last Thursday as feedlots held cattle back

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