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Monday, December 29,2014

Cattle on Feed called neutral

by Kerry Halladay, Editor
As the year-end holiday season continues, the markets are calm. The most recent Cattle on Feed report showed a continuation of the ongoing build-up of cattle in feedlots. Cattle on feed numbers were up, placements were down slightly, and marketings were down considerably again.

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Monday, December 29,2014

'Higher' was 2014's theme of the year

by Kerry Halladay, Editor
Due to the holiday-shortened week last week and the subsequent lack of activity in the markets, there is not as much to report this week. But, in keeping with the theme of looking back on the year that’s about to fade into history, there were some distinct highlights in this year’s market that deserve reflection.

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Monday, December 29,2014

Less red meat in 2014

by Kerry Halladay, Editor
The most recent Cold Storage report came out last week showing red meat supplies in all freezers down fairly significantly year-over-year. Red meat in cold storage as of Nov. 30 stood at 919.08 million pounds, down 10 percent from the same time last year.

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Monday, December 22,2014

Emergency action halts futures freefall

by Kerry Halladay, Editor
One of the biggest elements of market news last week was the unprecedented freefall seen in the feeder futures markets. For five solid days—from Dec. 12 through Dec. 17—every contract on the feeder board was limit down—a drop of $15 in all feeder contracts in less than a week!.

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Friday, December 19,2014

Cattle market factors to watch in 2015

by WLJ
In 2014, cattle and beef prices advanced from (what were then) record levels at the beginning of the year to a nearly continuous series of record levels throughout the year.

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Friday, December 19,2014

Ag a winner in Cuba diplomacy; exports could rise with changing rules

by Chris Clayton - DTN
Cuba has about 11.3 million people, which ranks it slightly below the population of Ohio. Trade with the country has revolved mainly around agriculture and medical supplies. Sales have been up and down over the past decade because restrictions would be lifted then reinstated and then lifted again.

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Friday, December 19,2014

Fraction of total farm income from farming

by WLJ
Because of the broad USDA definition of a farm (which includes places with the potential for as little as $1,000 in annual sales), more than half of farm operator households consistently incur a net loss from farming activities in any given year, and far more do not earn the equivalent of a market wage for their on-farm labor.

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Friday, December 19,2014

The North American beef cow, heifer situation

by WLJ
The Canadian and Mexican cow and heifer situation has implications for herd size and cattle production on the North American continent in coming years and more immediately on current feeder supplies. Record U.S. cattle prices provide a tremendous pull for cattle of all types and from all possible sources.

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Monday, December 15,2014

Cattle, beef markets down across the board

by Kerry Halladay, Editor
The cash fed trade was a surprise, in that it dribbled in throughout the week starting as early as Monday. Monday saw $259-260 dressed and $164 live in Nebraska, $164 live on Tuesday in Kansas, and then down to $255-256 dressed for some heavy cattle in the Cornbelt Wednesday.

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Friday, December 12,2014

Slow beef marketings reduce 2014 production estimates

by Kerry Halladay, Editor
All was quiet on the agricultural supply front last week. The most recent World Agricultural Supply and Demand Estimates report showed very little movement in grains, and minimal activity in meats relative to past reports, though beef led the total meat production estimates downward while pork led the meat import numbers upward.

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