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Friday, August 2,2013

Ups to be found in down market

by Kerry Halladay, Associate Editor
Cash trade developed in Kansas in low volumes last Thursday at— you guessed it—$119 live. Some small and local loads of cattle were sold in Iowa at $191-194, but volumes were insufficient to set a market trend, though analysts did predict it would set the tone for the rest of the week’s trade.

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Friday, August 2,2013

EPA admin. stresses climate change, renewable energy

by Kerry Halladay, Associate Editor
Mention of the Environmental Protection Agency (EPA) can stir up some passionate comments among the ranching community; and none too positive at that. This stems from the fact so much of what EPA does can have massive impacts on producers’ livelihoods.

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Monday, July 29,2013

New crop corn lower on good weather

by Kerry Halladay, Associate Editor
Read any market story and the vision of the market as a creature with its own quirks and foibles is hard to resist. Sometimes it’s the “Bull,” while other times it’s the “Bear.” It can be fickle, nonsensical, and driven by fear or greed. It can be spooked, confident, or ignore things altogether.

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Monday, July 29,2013

Placements decline over 4 times more than expected

by Kerry Halladay, Associate Editor
Calling the most recent Cattle on Feed (COF) report “bullish” is something of an understatement. Instead of the usual bovine mascot for that market scenario—horned, alert, ready for action—let’s substitute something more extreme.

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Friday, July 26,2013

Sideways trade in cash fed, live futures

by Kerry Halladay, Associate Editor
The cash fed market surprised last week when trade developed on Wednesday, contrary to analysts expectations of late-week trade. Over 10,000 head were confirmed sold in negotiated cash trade, and while that volume indicates more trade would be left for later on, it was sufficient to establish the numbers.

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Friday, July 26,2013

Bankruptcy for beef plant

by Kerry Halladay, Associate Editor
Northern Beef Packers—a small processing plant in South Dakota—has gone through a lot in its goal to produce excellent beef from local cattle. Is making tasty beef such a steep order? For the little plant, it seems it is as another problem mars its track record.

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Friday, July 26,2013

"EZ Chicken" angers farmers

by Kerry Halladay, Associate Editor
It seems cute, computeranimated visions of the antibiotic-riddled farm are the new weapons in the ongoing food war. Reminiscent of Chipotle’s “Back to the Start” advertising campaign, a new marketing push attempts to drive a wedge between production styles in the minds of consumers where one is painted as good and another as bad.

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Monday, July 22,2013

Live futures set-up sparks anger

by Kerry Halladay, Associate Editor
Showlists were said to be smaller last week, but expectation of what the Cattle on Feed report might hold kept bidding at a minimum and next to no trade by Thursday afternoon. Analyst expectations started the week at steady at worst, but as the futures markets tumbled on Wednesday, expectations fell to steady to $1 down, dependent on the report.

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Friday, July 19,2013

Wooly range issues in Colorado and the West

by Kerry Halladay, Associate Editor
During the Colorado Wool Growers 86th annual convention on Wednesday, July 17, a number of federal agencies were represented and spoke about ongoing and upcoming issues of concern regarding federal lands and wildlife.

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Monday, July 15,2013

Reports hopeful

by Kerry Halladay, Associate Editor
The negotiated cash trade held off last week as small showlists and reasonable strength in the futures gave the bargaining power to cattle feeders. Bids developed low on Tuesday at $115-117 in the South Plains and $190-191 in the Corn Belt, but sales were too few to set a market trend.

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