The cash fed cattle market improved some last week as futures markets posted increases in early week trade and cutout values finally found a level of support. Those two factors helped improve sentiment, and trade looked to be steady to $1 higher when it developed.
Tyson Foods Inc., the worlds largest meat producer, said recently it will issue $500 million in notes and it plans to arrange a new $1 billion line of credit. The company announced that the $500 million in unsecured senior notes would be due 2014.
The Western Legacy Alliance (WLA), a newly formed coalition, announced its kickoff to bring together likeminded organizations from various backgrounds to advocate for responsible and sustainable access to public lands.
President Barack Obama chose Kathleen Merrigan, an assistant professor at Tufts University who helped develop U.S. organic food labeling rules, to be deputy secretary of agriculture, the White House said last Monday. The deputy agriculture secretary usually oversees day-to-day operations of USDA.
A study by Colorado State University (CSU) researchers on the future of agriculture in the state is seeking input on variables such as economic conditions, commodity prices, water, environmental factors and land use.
Planning is underway for another impressive Montana Stockgrowers Association (MSGA) celebratory parade, Saturday, June 1 at 10 a.m. in Miles City. Everyone is invited to take part in this grand exhibition of history and celebrate MSGAs 125 years of serving the livestock industry.
Beef demand. What is it, and how can the Beef Checkoff Program influence changes in demand? These are questions that a recent checkoff-funded U.S. Beef Demand Drivers and Enhancement Opportunities: A Research Study tried to answer. Every 10 years, the beef industry takes an introspective look at the activities completed and what lies ahead.
Two experienced financial professionals have been named to new positions with the California Farm Bureau Federation (CFBF). Mary Winn has been appointed treasurer of the organization and Joseph Peters has been appointed chief investment officer.
Colorados oldest area livestock organization will meet March 21 in Rocky Ford. The annual Bent- Prowers Cattle Horse Growers Association will mark the start of its 140th year with its annual meeting and banquet. Events will be held at the Chuck Wagon Inn in Rocky Ford.
David Wood of Coalinga, CA, has been elected as the new president of CattleFax, a member-owned and member-directed cattle market information and research organization. Wood is chief operating officer and Beef Division chairman for Harris Farms, Inc.