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Friday, December 12,2008

Winnemucca Cow Dog Trial offers tough competition

by WLJ
This February, canine athletes from across the West are invited to show off their skills in Winnemucca, NV. Feb.

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Friday, December 12,2008

Feeder cattle market follows larger live cattle trends

by WLJ
Markets (from page 1) (LMIC) analysts. However, they noted that despite the increase in production, per capita consumption was flat this year.

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Tuesday, November 11,2008

FED CATTLE

by WLJ
Trading was mostly inactive in all feeding regions. Not enough sales for an adequate market trend. Last week live sales sold from 90.00-94.00 and dressed sales sold from 140.00-147.00 in the Northern Plains and IA/MN. In Kansas dressed sales sold from 148.50-149.00.

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Tuesday, November 11,2008

USDA CHANGES CORN FORECAST

by WLJ
USDA increased its ending stock forecast for corn last week as part of its monthly World Agricultural Supply and Demand Estimate (WASDE).

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Tuesday, November 11,2008

TYSON FOURTH QTR PROFIT UP 50 PERCENT

by WLJ
Tyson Foods Inc. reported a 50 percent increase in fiscal fourth-quarter net income as strength in the company’s beef and pork segments more than offset losses from the poultry business.

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Tuesday, November 11,2008

JBS REPORTS THIRD QUARTER EARNINGS

by WLJ
JBS S.A. recently reported a giant boost in earnings during the company’s fiscal third quarter, citing the depreciation of the Brazilian real against the dollar and rising exports. For the quarter ended Sept. 30, the Sao Paulo-based beef producer said it netted a profit of $318 million, compared with a loss of $36.9 million in the same period a year earlier. Earnings before interest, taxes, depreciation and amortization rose to $221.9 million, up from $82.5 million a year earlier.

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Tuesday, November 11,2008

KOREA REFUSES TO RENEGOTIATE BEEF TRADE TERMS

by WLJ
Less than a week after the U.S. elections, South Korea is taking preemptive steps to stop any possibility of renegotiating the terms of the free trade agreement, including beef trade between the two countries.

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Tuesday, November 11,2008

FARM BUREAU URGES CHANGE IN TRADE NEGOTIATIONS

by WLJ
The American Farm Bureau Federation today said a new approach is needed in world trade talks, citing the stalled Doha round of negotiations. AFBF President Bob Stallman said his organization will shortly begin discussions with domestic and international business and trade leaders in an effort to find a new way to move forward.

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Thursday, November 6,2008

Animal production practices upheld as humane by state court

by WLJ
The result of the New Jersey ruling could open the door to similar challenges of those regulations elsewhere by livestock interests. In the New Jersey case, the court upheld many of the livestock practices as legal despite the challengesn by animal rights groups.

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Friday, September 19,2008

Thompson wants to add WLAC's top title to his impressive list of wins

by WLJ
Ty Thompson moved closer to the only World Livestock Auctioneer Championship (WLAC) title he hasn’t won—that of champion—with a recent victory in Miles City, MT. Thompson, of Billings, MT, won Livestock Marketing Association’s (LMA) first quarterfinal qualifying contest for the 2009 WLAC. He defeated 30 other contestants in competition at Miles City Livestock Commission on Sept. 9. The reserve champion was Tom Frey, Creston, IA, and the runner-up champion was Dan Clark, Winner, SD. In addition to the three winners, the next five highest scoring contestants qualify for the June, 2009 WLAC, the 46th annual. It will be conducted at Fergus Falls Livestock Auction Market, Inc., Fergus Falls, MN. In Miles City, those five were, in alphabetical order, Mitch Barthel, Perham, MN; Mike Nuss, Minatare, NE; Jason Santomaso, Sterling, CO; Kevin Schow, Paxton, NE; and Kyle Shobe, Lewistown, MT. Thompson’s list of WLAC titles is impressive. He’s the current runner-up world champion, has won the reserve title, or second-place, twice, and has been a top 10 finalist seven times. And he won the first quarterfinal contest for the 2008 WLAC held last fall in Turlock, CA. Is this Thompson’s year to take home the world champion title? "You never know," he said. "I do know that I’ve improved every year I’ve competed." Laughing, Thompson said, "I’ve sure pleased a lot of judges over the years, just not enough to put me first." What keeps him competing has changed over the years. "At first, I just wanted to win the world title." And while that’s still important, he said, "The livestock marketing business has been good to me and my family, and I think by participating in the contest, you help promote selling livestock at auction. It’s my way of giving back to the industry." Thompson was sponsored by Public Auction Yards, Billings Live Stock Commission and Northern Livestock Video, all in Billings, and Winter Livestock, Inc. d/b/a Riverton Livestock Auction, Riverton, WY. Miles City reserve champion Frey has been in the WLAC "about 12 times," and has been a finalist "five or six times." His highest finish was 2007 when he was named runner-up world champion. Last year, he won the third quarterfinal contest, in Fort Payne, AL. For him, the driving force behind seeking the world title "is the need for a spokesman for the industry." The world champion spends much of his year traveling to livestock markets and other events where he is often asked questions on a wide range of industry issues. Frey, who’s been auctioneering since he was 16, said he’d welcome that role. And he believes that "if LMA is willing to award you the title of champion, you should take it on and promote what we all believe in, the auction method of selling." He was sponsored by the market he’s owned for 10 years, Creston Livestock Auction, Inc., and by Unionville Livestock Market, Inc., Unionville, MO. Clark, the Miles City runner-up champion, has been auctioneering for 25 years and is a graduate of the World Wide College of Auctioneering, Mason City, IA. Competing in the Fergus Falls world championship will mark his tenth time in the WLAC. He has been among the top 10 finalists four times. The competition at Miles City "was like always—tough," Clark said. "Overall, there was a lot of talent there." Winning the world title next June "would mean I’ve reached the goal I set for myself many years ago." Clark was sponsored by Charles Mix County Livestock Market, Inc., Platte, SD, Presho Livestock Auction, Presho, SD, and Winner Livestock Auction Co., Winner, SD. The three remaining quarterfinals will be Oct. 29 at Texhoma Livestock Auction, LLC, Texhoma, OK; Nov. 18 at Muskingum Livestock Auction Co., Zanesville, OH; and Dec. 2 at Kingsville Livestock Auction, Kingsville, MO. The champion in each quarterfinal competition receives a cash award and a custom-made belt buckle. The reserve and runner-up champions in each contest also receive custom belt buckles. The eight qualifiers from each quarterfinal contest, along with the reigning International Auctioneer Champion, will make up the field for the 2009 WLAC. Three titlists will be selected, and the winners take home thousands of dollars in cash and prizes. LMA conducts the WLAC and the qualifying contests to put the focus on competitive marketing, and the continuing vital role of the auctioneer in that process. — WLJ

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