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Monday, December 15,2014

Study: Killing wolves increases attacks

by Kerry Halladay, Associate Editor
The paper—“Effects of wolf mortality on livestock depredations”— was published in the open-source academic journal PLOS One at the beginning of December. The study the paper describes was conducted by Robert Wielgus and Kaylie Peebles of Washing State University using U.

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Monday, December 15,2014

Cattle, beef markets down across the board

by Kerry Halladay, Associate Editor
The cash fed trade was a surprise, in that it dribbled in throughout the week starting as early as Monday. Monday saw $259-260 dressed and $164 live in Nebraska, $164 live on Tuesday in Kansas, and then down to $255-256 dressed for some heavy cattle in the Cornbelt Wednesday.

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Friday, December 12,2014

Slow beef marketings reduce 2014 production estimates

by Kerry Halladay, Associate Editor
All was quiet on the agricultural supply front last week. The most recent World Agricultural Supply and Demand Estimates report showed very little movement in grains, and minimal activity in meats relative to past reports, though beef led the total meat production estimates downward while pork led the meat import numbers upward.

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Monday, December 8,2014

Continued futures losses let cash fed cattle markets slip

by Kerry Halladay, Associate Editor
By close of trade on Thursday, over 17,500 head had been confirmed sold for the week. Though light, the trade was very trend-setting for the week and confirmed analysts’ earlier worries. Live prices ranged from $163-166—well below the prior week’s $170-173—and dressed prices were $263-265, down from $264-268.

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Monday, December 8,2014

Black gold: Cheap oil benefits beef demand

by Kerry Halladay, Associate Editor
At its 166th conference, the Organization of Petroleum Exporting Countries (OPEC) decided to maintain its production level of 30 million barrels of oil a day. The announcement sent the already declining crude oil prices into a momentary tailspin. Cattle producers and beef consumers may benefit, however.

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Friday, December 5,2014

HSUS-backed legislation gets vetoed in NJ

by Kerry Halladay, Associate Editor
Friday, Nov. 28, Christie vetoed New Jersey Senate Bill 998, a widely supported bill that would have banned the use of gestation crates for pregnant sows in the state. While mainstream media and the Humane Society of the U.S.

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Monday, December 1,2014

Futures fall while packer losses, cutout values climb

by Kerry Halladay, Associate Editor
Packers’ strategies paid off a little last week as the futures markets plummeted in time for an early-week buy ahead of the Thanksgiving-shortened trade week for lower money. By Wednesday afternoon, over 14,000 head had been confirmed sold at $168-173 (average $171.

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Monday, December 1,2014

The importance of having imports

by Kerry Halladay, Associate Editor
One of the bi-products of the industry’s ongoing argument over Country of Origin Labeling (COOL) is added scrutiny of the U.S.’ beef imports. The lines are fairly clearly drawn in the pro and con camps, but as it has been said, “the truth is rarely pure and never simple.

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Friday, November 28,2014

Beef stocks dwindle

by Kerry Halladay, Associate Editor
Across all warehouses as of Oct. 31, beef in cold storage amounted to 374.87 million pounds (mp), down 15 percent from the same time last year. Beef additionally represented less of red meat and total meat in cold storage at 39.8 percent and 18.8 percent respectively, down from 42.

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Friday, November 28,2014

Placements, marketings sour futures: COF 'bearish' marketings 'depressing'

by Kerry Halladay, Associate Editor
The state of the beef supply chain took a bearish turn recently as higher-than-expected placements combined with continued lower-thanexpected marketings. But there is speculation that the trend of depressed marketings—and thereby feedlot backlogs—won’t continue too much longer.

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