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Monday, August 4,2014

Cattle Inventory; herd continues to shrink

by Kerry Halladay, Associate Editor
Two key cattle reports were released at the end of July: the biannual Cattle Inventory report and the monthly Cattle on Feed report. The reports were called bullish with both the Inventory report showing continued tightening of the cattle herd and the Cattle on Feed report showing decreased populations, placements, and marketing activity.

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Monday, July 28,2014

Everything's coming up in cattle markets

by Kerry Halladay, Associate Editor
Cash fed prices were exciting last week. Rumors of a few cattle trading early in the week at $162 live stoked the fires and rapidly climbing futures values did nothing but fan the flames further.

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Friday, July 25,2014

South Korea buying U.S. feed

by DTN
Corn importers don’t have to look far for supplies, either. With China’s hesitance to take U.S. corn, due to that country’s failure to approve corn with the MIR162, South Korea is enjoying the availability of Asia-bound freighters and lower prices. Imports of dried distillers grains with solubles (DDGS) also are doubling.

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Friday, July 25,2014

Beef continues to set record prices

by WLJ
The number of cattle slaughtered is 5.7 percent lower than last year. Plain says the drop in cow and heifer slaughter has tightened up the beef supply, driving up prices. With high feeder cattle prices and good pastures, producers are now looking to increase the breeding herd, which eventually will bring prices down.

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Monday, July 21,2014

Estimated beef availability up for 2014-15

by Kerry Halladay, Associate Editor
The most recent World Agricultural Supply and Demand Estimates report showed an increase in many things. Beef production and availability was up. Soybean acres increased. Ending stocks of corn went up… again.

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Monday, July 21,2014

Cash fed cattle surprise, move up

by Kerry Halladay, Associate Editor
The cash fed cattle market developed reasonably early contrary to expectation. The majority of the purchasing occurred on Wednesday with clean-up trade on Thursday. The prices were mostly in line with expectations, at least at the beginning.

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Friday, July 18,2014

Marketing alternatives with limited forage

by WLJ
Most all of Oklahoma received considerable rain from late May into early July. This resulted in much needed forage growth in all regions, including some of the worst drought areas. However, the heat of summer has arrived in July and forage growth has slowed abruptly.

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Monday, July 14,2014

'Dog days of summer' spooks cattle market

by Kerry Halladay, Associate Editor
The cash fed trade was slow to develop last week and that was certainly to the benefit of packers. A hard break in the live futures, larger show lists, along with longanticipated rumors of declining production to meet the incoming reduced beef demand...

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Friday, July 11,2014

Momentum remains strong for U.S. beef, pork exports, according to USMEF report

by WLJ
U.S. beef and pork exports maintained their strong momentum in May, with export volumes for both products exceeding last year’s totals and value increasing by double digits, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

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Friday, July 11,2014

High prices bring mixed emotions in the beef industry

by WLJ
The beef industry is experiencing a wide range of emotions at the current time. The level of excitement is obvious as cattle and beef prices have pushed even beyond record levels of earlier this year. Cattle prices are at values unimaginable just a few years ago.

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