Close
Home  Markets
 
 
Monday, October 13,2014

Scarcity creates land opportunities

by Kerry Halladay, Associate Editor
With the recession diminishing in the memories of the country, and people dissatisfied with waiting any longer to invest, the land market in the intermountain region has decidedly picked up. There is optimism and buyer interest with some looking to invest and others looking to expand.

Read more Read it in print
Monday, October 13,2014

Second verse, same as the first

by Kerry Halladay, Associate Editor
The second week of October looked an awful lot like the first week in terms of the cattle markets. Cash was slow to start with expectations putting it at higher money, futures continued upwards, feeders sold for more money, and the beef complex gained some ground while still leaving packers in the red.

Read more Read it in print
Friday, October 10,2014

Section 1031 exchanges targeted in congressional tax reforms

by Traci Eatherton, WLJ Managing Editor
Since 1921, Federal tax law under IRC Section 1031 has permitted a taxpayer to exchange business use or investment assets for other like-kind business use or investment without recognizing taxable gain on the sale of the old assets. The taxes, which otherwise would have been due from the sale, are thus deferred.

Read more Read it in print
Friday, October 10,2014

Whose mountains are these? Recreation vs. production

by Kerry Halladay, Associate Editor
“Prior to the recession, the recreational properties were the focus of the markets. And then when the recession hit, those properties became very stagnant, very difficult to sell. But they have slowly started coming back,” reported Sam Middleton of Chas.

Read more Read it in print
Monday, October 6,2014

Futures dominate the market with gains

by Kerry Halladay, Associate Editor
Packers missed the boat last week for buying cattle cheaper. After an explosive rally that began the prior Friday, the relatively aggressive gains of the near-term futures contracts left behind any hope that packers might have allayed their significant losses on the procurement side.

Read more Read it in print
Friday, October 3,2014

Record calf prices boost bottom line

by WLJ
If you choose personal use, one option Johnson said is to start or increase the family’s emergency savings. “When making this decision, ask yourself, ‘Do I have enough money set aside in case of an emergency and I can’t work?’ Having enough money for three to six months of household fixed expenses is always a smart idea,” she said.

Read more Read it in print
Monday, September 29,2014

Cattle on Feed report neutral to bearish

by Kerry Halladay, Associate Editor
Last week saw the release of two monthly reports relating to meat markets; the Cattle on Feed report and the Cold Storage report.

Read more Read it in print
Monday, September 29,2014

Beef demand not as strong as expected

by Kerry Halladay, Associate Editor
Everything was slow or a bit low last week. Next to no cash trade had occurred by Thursday—3,380 head were confirmed sold for the week at that point at $153 live and $242 dressed—and the cutout was sharply lower as packers struggled with negative margins and slack demand.

Read more Read it in print
Friday, September 26,2014

$2 Corn and what it could mean

by Kerry Halladay, Associate Editor
As corn prices steadily fall as word of a record corn crop grows with every telling, animal ag producers rejoice. Cheap corn means cheap feed. Cheap feed means better margins for those raising livestock that eat corn.

Read more Read it in print
Monday, September 22,2014

Fed cattle drift lower with packer losses

by Kerry Halladay, Associate Editor
Cash fed trade was slow to develop last week as packers were trying to mitigate recently very red margins and everyone was collectively holding their breath for the Friday release of the Cattle on Feed report. Even by Thursday, bids were limited to $155-156 live in the Southern Plains and $242-244 dressed in the Corn Belt.

Read more Read it in print
 
 
User Box (click to open)
 
SEARCH IN WLJ
Sign up for our newsletter!
   
 
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*
 
 

© 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.