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Friday, December 9,2011

COMMENTS

by Pete Crow - Publisher
It looks like we may have popped the holiday beef bubble this last week. Cattle markets were roaring hot two weeks ago when fed cattle traded as high as $128 live and $208 dressed. Now, the buying interest is about $3-5 lower for last week. Cattle feeders certainly had to do well on those transactions.

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Friday, December 2,2011

COMMENTS

by Pete Crow - Publisher
There are lots of options in today’s meat-consuming world and Whole Foods has worked hard to provide unique meat products for their customers. The store is very proud of their products, but not everyone can afford to shop there. They have just over 300 stores nationwide and have obviously done their demographic homework.

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Friday, November 25,2011

COMMENTS

by Pete Crow - Publisher
The cattle industry has been wasting a lot of time, cash and political resources on several industry issues that are just unnecessary. I would hate to think just how many resources have been spent by the various Ag associations battling over the proposed Grain Inspection, Packers.

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Friday, November 18,2011

COMMENTS

by Pete Crow - Publisher
The beef cutout has been awful strong for quite some time and these markets just seem to get a little higher all the time. Who would have ever thought that the cattle industry would be selling fed steers and heifers for $125 and having a hard time making it work?.

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Friday, November 11,2011

COMMENTS

by Pete Crow - Publisher
GIPSA will still have to craft rules regarding the definitions of unfair practices, undue preference and unlawful discrimination to satisfy the farm bill language. This will come at a later date. If that portion of the farm bill language isn’t satisfied, US- DA could be open to lawsuits from activist groups.

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Friday, November 4,2011

COMMENTS

by Pete Crow - Publisher
This Choice/Select spread has been an interesting market segment to watch the past few weeks. For quite some time, the value difference between Choice and Select cattle wasn’t much of an issue, it seemed like $2-5was the norm, with an occasional spike over $10.

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Monday, October 24,2011

COMMENTS

by Pete Crow - Publisher
EPA was contemplating doubling the standards for dust and particulate matter in ambient air under the Clean Air Act. If they pushed forward with their new standards for dust levels, it would have been problematic for nearly everyone connected to agriculture and anyone who kicked up some dust driving down a dirt road.

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Friday, October 14,2011

COMMENTS

by Pete Crow - Publisher
Along with the great sales, it finally rained through much of the state, with many areas receiving several inches of much needed moisture. The country started to show some signs of life and was starting to get a hint of green just over the few days I was there.

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Friday, October 7,2011

COMMENTS

by Pete Crow - Publisher
One thing that opponents of the bills perhaps don't understand is that all three of those countries already trade with the U.S. on a mostly tariff free basis. While we've been waiting for Obama to get his political house in order, many of our competitors have been hatching their own free trade agreements with these countries.

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Friday, September 30,2011

COMMENTS

by Pete Crow - Publisher
Looking through the very first issue, I noticed an interesting comment on the first page. Jon Knorpp, president of Southwest State Bank, said, "Meat has long been one of our most substantial food products, yet until recent years, little concerted...

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