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Friday, November 7,2014

Stockers rise above commodity roots

by WLJ
Although margins are often tight in the stocker business, the higher dollar risk of recent years points to a need to think beyond buying low and light and selling high and heavy. Seasoned stockers like Mark Yazel, who operates along the border from Kiowa, KS, to northeastern Oklahoma, know there is more to it than weight.

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Friday, November 7,2014

TPP making headlines following election

by Traci Eatherton, WLJ Managing Editor
Prior to Election Day, Senator Rand Paul, a potential Republican Presidential candidate, gave a foreign policy address at the Center for the National Interest dinner in New York City. He was the recipient of the 2014 Distinguished Service Award, and offered some compelling arguments for the Trans-Pacific Partnership (TPP).

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Friday, November 7,2014

Demand for U.S. beef abroad is strong despite high prices

by Kerry Halladay, Associate Editor
Meat Export Federation (USMEF) hosted a press conference with representatives and leaders from various regions worldwide. Topics included what has gone on so far this year in U.S. meat trade, where it has seen success, where it still faces challenges, and where there are some opportunities.

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Monday, November 3,2014

Cutouts finally climb, leave margins behind

by Kerry Halladay, Associate Editor
By close of trade Thursday, slightly more than 9,000 head had been confirmed sold. Average live prices for steers were $167.50 and $263 dressed. Though light for a total-week sale, that likely set the tone for whatever cleanup trade that happened Friday.

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Friday, October 31,2014

Corn prices are expected to edge up, could pressure fed cattle bids in 2015

by WLJ
With lower prices, those incentives just aren’t there, for either acres or intensive inputs to push production,” Welch said. “On the demand side, we are still seeing strong export demand and good feed and fuel use. High meat prices offer rewards to increase livestock numbers and feed to heavier weights; that will require more grain used for feed.

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Friday, October 31,2014

China's growing demand for meat

by WLJ
China’s rapid economic growth and changing population demographics have affected the world’s most populous country. Driven by income growth, urbanization and a transition to a market economy, the Chinese diet has shifted from its usual staples to meat.

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Friday, October 31,2014

Cattle on Feed called neutral; 26 months of declines

by Kerry Halladay, Associate Editor
The most recent Cattle on Feed report, released Friday, Oct. 24, was called roundly neutral for its lack of divergence from the past year, and for falling in line with prereport estimates. There was one additional slaughter day in September 2014 compared to 2013.

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Friday, October 31,2014

Interest strong, competition intense at Paris food show

by WLJ
About 150,000 participants from more than 100 countries are in attendance at the five-day event. A majority of those attending are from the European Union, but SIAL also attracts a large number of buyers and other food industry professionals from Russia, the Middle East and many Asian countries including Japan and China.

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Monday, October 27,2014

A tale of two markets

by Kerry Halladay, Associate Editor
The industry seems to be running a manic two-part market game. On the one hand, strength in the cash fed and feeder markets was striking last week, as were gains in both futures markets, yet at the same time there was continued information on declining and disappointing beef movement.

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Friday, October 24,2014

Brazil set to expand feedlots, grain feeding

by Kerry Halladay, Associate Editor
A recent report from Rabobank suggests the future of beef abroad will be Brazil. However, the country—already the world’s second largest beef producer and largest exporter—is not nearly as efficient as its fellow beef competitors. The answer will be American-style feedlots, fueled by the growing Brazilian grain industry.

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