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Monday, January 19,2015

Cash cattle, feeders reverse course down

by Kerry Halladay, Editor
The rally in the cash fed market was very short-lived. After seeing large volumes trade at up $4.00-4.50 live during the week starting Jan. 5, last week gave back those gains and then some. By Thursday afternoon, 44,575 cattle had been confirmed sold on negotiated trade at live prices of $162-165 and $260-265 dressed, down $5-15 from the prior week.

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Monday, January 19,2015

Opportunities abroad for U.S. agriculture

by Kerry Halladay, Editor
When was the last time you were told there is opportunity in agriculture? Not just opportunity for agriculture, but opportunity for U.S. agriculture? Have you been told you pursue a noble profession? Or one that will feed the world and may even bring peace?.

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Friday, January 16,2015

The evolving role of Canadian, Mexican cattle and beef trade

by WLJ
The most recent monthly trade data provides an update to recent cattle and beef trade flows in North America. They emphasize the longer term evolution and change in the roles of Canada and Mexico in North American and global markets. Cattle and beef trade flows between the U.

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Monday, January 12,2015

Seller's market in the Southwest

by Kerry Halladay, Editor
The Southwest has had its share of hard times in recent years, but in terms of ranchland and ag real estate, it has been flying high. The greatest challenge in that market is also its biggest opportunity; there are willing buyers, but scant inventory. That equates to a seller’s market.

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Monday, January 12,2015

What do low gas prices mean for ranchers?

by Mark Mendiola - WLJ Correspondent
The combination of plunging petroleum costs and high cattle prices makes for happy American ranchers these days, but a flip side of the equation is causing them to pause and wonder about the longterm impact that the ongoing low fuel prices ultimately will have on their livestock operations.

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Friday, January 2,2015

Markets get late gift

by Kerry Halladay, Editor
“So far this week we’ve seen some light fed cattle sales in Nebraska and Iowa at $163 live and $260-262 dressed,” reported Troy Vetterkind of Vetterkind Cattle Brokerage. “Not enough volume to establish a market but suffice it to say it likely points to a higher cattle trade when all is said and done this week.

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Friday, January 2,2015

Pondering the 2015 cattle markets

by WLJ
Cattle and beef markets are finishing 2014 at or near record levels, which is the way the year began…at or near record levels. However the advance in prices has been much more dramatic in 2014. Retail beef prices are up 15-20 percent, following a 5-6 percent year- over-year increase in 2013.

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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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