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Monday, December 1,2014

The importance of having imports

by Kerry Halladay, Editor
One of the bi-products of the industry’s ongoing argument over Country of Origin Labeling (COOL) is added scrutiny of the U.S.’ beef imports. The lines are fairly clearly drawn in the pro and con camps, but as it has been said, “the truth is rarely pure and never simple.

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Friday, November 28,2014

Beef stocks dwindle

by Kerry Halladay, Editor
Across all warehouses as of Oct. 31, beef in cold storage amounted to 374.87 million pounds (mp), down 15 percent from the same time last year. Beef additionally represented less of red meat and total meat in cold storage at 39.8 percent and 18.8 percent respectively, down from 42.

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Friday, November 28,2014

Placements, marketings sour futures: COF 'bearish' marketings 'depressing'

by Kerry Halladay, Editor
The state of the beef supply chain took a bearish turn recently as higher-than-expected placements combined with continued lower-thanexpected marketings. But there is speculation that the trend of depressed marketings—and thereby feedlot backlogs—won’t continue too much longer.

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Monday, November 24,2014

High cattle prices 'for some time'

by Kerry Halladay, Editor
One of the presenters, Gary Brester, Professor of Agricultural Economics and Economics at Montana State University, had a “weird story” to tell the audience.

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Monday, November 24,2014

Cutouts gain on reduced production

by Kerry Halladay, Editor
Last week the cattle and beef markets were holding their breaths before the Thanksgiving week. Cash cattle trade didn’t relevantly develop until Friday and futures were sideways. But prices for feeder cattle keep going up and the cutout continues its slow march upwards.

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Monday, November 17,2014

Production, import estimates increased

by Kerry Halladay, Editor
Last Monday, the November World Agricultural Supply and Demand Estimates (WASDE) report was released. Most noteworthy was the one-month reversal of corn yield rates, even as analysts still call for higher yield estimates.

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Monday, November 17,2014

Futures, cutout climb; packers still losing

by Kerry Halladay, Editor
The cash trade was slow to develop last week as packers were stretching what they had in committed cattle to cover reduced production needs. Increases in the futures also had them holding off buying in hopes of a downturn as cattle feeders were asking for higher money.

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Monday, November 10,2014

Reduced production not saving packers

by Kerry Halladay, Editor
Activity in the cattle and beef markets was slow last week as the nation turned its attention to the elections and the strength in the outside markets. Live and feeder cattle futures were quietly mixed as more attention-grabbing markets—the Dow and the S&P 500— set record highs.

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Friday, November 7,2014

Marginal thinking for optimal decisions

by WLJ
For many producers, this may be a question of expanding the cow herd. In addition to potential herd expansion, producers should consider whether current market values should prompt management changes as well. Consider this question, for example: What is the optimal level of death loss for cows or calves?.

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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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