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Monday, June 17,2013

Cash trade slow, futures struggle

by Kerry Halladay, Associate Editor
Last week saw donut-like activity in the cash fed market. Light trade occurred on Monday and Tuesday in Iowa at $193.50-195 dressed and $122-124 live. This was called clean-up trade from the previous week by Troy Vetterkind of Vetterkind Cattle Brokerage.

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Friday, June 14,2013

Inspector general reviewing IRS treatment of HSUS

by Kerry Halladay, Associate Editor
Monday, June 10, U.S. Rep. Blaine Luetkemeyer, R-MO, announced the U.S. Treasury inspector general for tax administration (TIG- TA) had agreed to review his request regarding IRS and HSUS. In late May, Luetke meyer sent letters to both the secretary of the U.

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Friday, June 14,2013

More labeling requirements proposed for beef

by Kerry Halladay, Associate Editor
USDA’s Food Safety and Inspection Service (FSIS) recently announced a proposed labeling requirement for beef products. Addressing the recent concern over the increased potential for foodborne illness in “mechanically-tenderized” beef, FSIS’ proposal would require all such products to be clearly labeled and come with safe cooking instructions.

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Friday, June 14,2013

NM attorney general calls horsemeat illegal

by Kerry Halladay, Associate Editor
Monday, June 10, New Mexico Attorney General Gary King issued a legal analysis regarding the issue of horse slaughter. King said meat from U.S. horses treated with certain chemicals fits the legal definition of an adulterated food product under the New Mexico Food Act.

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Friday, June 14,2013

Unchanged WASDE corn estimates surprise industry

by Kerry Halladay, Associate Editor
Beef production estimates were increased by 330 million pounds (mp) to 25.52 billion pounds (bp) for 2013. Continued poor range conditions in key cattle states pushing relatively large placements of cattle into feedlots and continued high cow slaughter were credited by USDA as the motivation behind the estimate increase.

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Monday, June 10,2013

An HSUS chapter in IRS scandal

by Kerry Halladay, Associate Editor
In addition to targeting certain groups for greater scrutiny, some have speculated the IRS was shielding other groups from investigation. In this case, the Humane Society of the United States (HSUS) and its questionable level of political involvement given its tax-exempt status seem to reside in the IRS’ blind spot.

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Friday, June 7,2013

Alternative uses for cattle: weed whacker

by Kerry Halladay, Associate Editor
The most obvious benefit of course is the added forage availability. Cattle that will only eat grasses are at a disadvantage compared to those which will also eat thistles, sages, knapweed and others. And if cattle can and will eat weeds, that removes the need to spray for or otherwise destroy them, which represents both time and money.

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Monday, June 3,2013

Ruling in Hage trespass case favors rancher

by Kerry Halladay, Associate Editor
Chief Judge Robert C. Jones of the Federal District Court of Nevada, who oversaw the case, held that while some trespass had occurred, U.S. Forest Service (USFS) and Bureau of Land Management (BLM) officials lacked evidence for many of their claims against the Nevada ranching family and were.

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Monday, June 3,2013

Cutout has topped, trends down

by Kerry Halladay, Associate Editor
The cash markets were sluggish as packers are trying to hold onto their positive profit margins as cutout values have begun to move lower. By midweek, the asking prices were $126-128 live and $202-204 dressed, but packers were only bidding $122 live in the South Plains and $197 in Nebraska by Thursday morning.

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Friday, May 31,2013

Corn nears "slowest year;" South Plains ranges poor

by Kerry Halladay, Associate Editor
Rains are once again a mixed blessing in corn country. On the one hand, it is needed in many areas, and on the other, it continues to delay the remaining percentage points of corn plantings for this year. The slow progress has led to comparisons to 1993 and questions about whether this year has been the slowest year in recent memory.

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