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Friday, May 2,2014

Low placements boost futures

by Kerry Halladay, Associate Editor
The futures markets reacted favorably to what was a decidedly bullish surprise from the most recent Cattle on Feed report. Following the report’s release, feeder futures and live futures to a lesser extent surged on word that there will be fewer cattle than expected in the coming months.

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Monday, April 28,2014

Cutout values surge on cut production

by Kerry Halladay, Associate Editor
“Packers are trying to lay in the weeds and say they have enough inventory around them and that domestic beef business has yet to pick up seasonally,” reported Troy Vetterkind of Vetterkind Cattle Brokerage. “This may be true to a certain extent but they do have first of May beef orders to fill and export orders have been robust lately.

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Monday, April 28,2014

Klamath Basin agreement signed

by Kerry Halladay, Associate Editor
Friday, April 18, saw the signing of the Upper Klamath Basin Comprehensive Agreement (Agreement) by Klamath tribal leaders, local politicians, and representatives from the agricultural interests. This moves the historic decision on a years-long water war to the next level: Congress.

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Friday, April 25,2014

Beef production down 1.5% in 2013; year-to-date production down 5%

by Kerry Halladay, Associate Editor
It was all about the numbers last week as a pair of slaughter reports were released. Monday welcomed the annual Livestock Slaughter, documenting the next-to-nonexistent decline in heifer and beef cow slaughter between 2012 and 2013.

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Monday, April 21,2014

Domestic demand expected to increase

by Kerry Halladay, Associate Editor
The cash fed trade developed in a slow trickle throughout the week last week. By Thursday afternoon, over 59,000 head had been confirmed sold for the week at a weighted average of $146.79 live and $233.33 dressed. That was decidedly lower compared to the prior week’s $147-148 live and $240-241 dressed prices.

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Friday, April 18,2014

Wolf listing decision postponed in CA

by Kerry Halladay, Associate Editor
California is nothing if not skilled at stirring up the passions of the people, even when the issue at hand exists largely (or wholly) outside its borders and is addressed in numerous laws. Case in point last week: the question to list the gray wolf..

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Friday, April 18,2014

Keep low-stress handling in mind with new equipment: Dr. Grandin

by Kerry Halladay, Associate Editor
When it comes to handling cattle, any sort of distractions—anything from a coat hanging on a post to something new—has the potential to cause stress to the animals. This stress is multiplied when it comes to handling cattle through a chute or pens.

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Monday, April 14,2014

Australia, Japan announce trade agreement

by Kerry Halladay, Associate Editor
It’s never fun to try to organize a big party, only to learn some of the key guests are planning their own festivities on the side. For some, this can be a social “faux pas” that goes well beyond hurt feelings and ruffled feathers.

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Monday, April 14,2014

Higher losses plague packers, cutout down

by Kerry Halladay, Associate Editor
Packers are bleeding out red ink again, and last week looked like the cash fed cattle market was going to wring a bit more red out of them. By close of trade Thursday afternoon, barely 5,000 head had been confirmed sold for the whole week, and then only at $150 live and average $240.

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Friday, April 11,2014

Corn called bullish in the supply report

by Kerry Halladay, Associate Editor
Last Wednesday saw the release of the most recent World Agricultural Supply and Demand Estimates (WASDE) report. The report was called bullish for corn given the increases made to corn export to reflect the quick pace of corn trade in recent months, and not all that surprising for meat.

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