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Friday, April 30,2010

Outside markets spill into early cattle trade

by WLJ
Outside markets took their toll on the fed cattle trade last week with a downdraft on Wall Street pulling live cattle contracts and cash lower on Tuesday. The sharply lower action in the equity markets forced commodities lower and cattle feeders jumped into the market to sell cattle at $98-98.

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Friday, April 16,2010

Analysts: Feeder cattle price protection warranted

by WLJ
Fed cattle prices were mostly steady last week on trade that came early. Most of the week’s action was wrapped up by Wednesday, although volumes were reportedly light, leaving many showlist cattle to carry over into the following week. Most of the week’s trade came in

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Friday, April 9,2010

Fed cattle break $1 mark

by WLJ
Early fed cattle trade last week jumped above the $1 level in nearly all of the major feeding regions. The market’s ability to defy gravity and continue to trade higher caught many analysts off-guard, showing that demand is perhaps higher than anyone expected. Trade came

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Friday, April 2,2010

Demand remains a big unknown despite higher prices

by WLJ
Fed cattle trade was firming up in the southern Plains at $96 live last week with the call for steady trade in most feeding regions. In the North, dressed trade was expected to unfold in a range of $152-153, steady with the previous weeks action, with most analysts predicting the majority of the volume would come before the end of the day Thursday.

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Friday, March 26,2010

Trade starts early

by WLJ
Fed cattle trade unfolded very early last week as cattle feeders locked in profitable prices and packers worked to get ahead of rising live cattle contracts on the Chicago Mercantile Exchange. Trade developed in the south Plains at prices steady to $1 lower

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Friday, March 12,2010

Late week market expected steady to $1 higher

by WLJ
For the second consecutive week, fed cattle trade was slow to get started, with most of the volume expected to be put off until Friday as packers and feedlots faced off over prices. Last Thursday, bids and offers were still $3-4 apart in most areas, with expectations that fed cattle would trade mostly

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Friday, March 5,2010

Fed cattle market trades steady

by WLJ
Fed cattle trade was put off until Friday last week as packers appeared reluctant to pay asking prices for showlist animals, particularly in the southern tier where cattle were priced at $94-95. The call for the week, ahead of any significant trade last Thursday

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Friday, February 26,2010

Fed trade steady, seasonal top may be in

by WLJ
The recent advances in fed cattle prices seem to have pushed the market to its seasonal top last week with the trade mostly steady at $91-92 and analysts predicting that the market would turn lower over the next couple of weeks without

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Friday, February 19,2010

Fed cattle prices pass $90

by WLJ
Fed cattle markets in the North surged higher last week with some early fed trade in Nebraska at $145 dressed. Although it was too light to call the trend for the week, analysts were predicting that fed cattle trade in the southern tier would come in the $90-91 range with most of the northern

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Friday, February 19,2010

Grants available to help the next generation of producers

by WLJ
USDAs National Institute of Food and Agriculture (NIFA) announced the availability of more than $18 million in grants to help train, educate and enhance the sustainability of the next generation of farmers through the Beginning Farmer and Rancher Development Program (BFRDP).

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