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Monday, May 27,2013

High placements make for bearish report

by Kerry Halladay, Associate Editor
The most recent Cattle on Feed (COF) report came out Friday, May 17. It reported that cattle on feed as of May 1 in feedlots with a 1,000-head or larger capacity was down, while cattle placed on feed and marketed during the month of April were both up.

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Friday, May 24,2013

Corn plantings surge

by Kerry Halladay, Associate Editor
The May 20 Crop Progress report showed overall corn plantings jumped 43 percent in the prior week. The previous report (released May 13) showed only 28 percent of the expected crop planted, but the most recent report quoted 71 percent. The five-year average for that week in May is 79 percent.

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Friday, May 24,2013

Science troubles across the pond

by Kerry Halladay, Associate Editor
What seemed at first like a promising free trade agreement with the European Union (EU) has started to feel a bit like a bait and switch. Talks of “comprehensive” free trade only go so far with the EU pushing to maintain its “precautionary principle” with ag imports.

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Monday, May 20,2013

Purchase of Superior completed

by Kerry Halladay, Associate Editor
Friday, May 10, National Livestock Credit (National) announced its acquisition of Superior. The purchase was made possible by a limited partnership between National and a number of cattlemen from a variety of states. By all accounts, little will change with Superior following the transition but the improved stability offered by the new owners.

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Monday, May 20,2013

Choice movin' on up

by Kerry Halladay, Associate Editor
By Thursday afternoon, about 15,000 head had been confirmed sold, adding to the 8,000 head sold throughout the week. With the exception of Texas—where live cattle sold at $125, a dollar lower than the prior week’s live price—nothing in trendsetting numbers.

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Friday, May 17,2013

WASDE predicts record corn crop in 2014

by Kerry Halladay, Associate Editor
Friday, May 10 saw the release of the most recent World Agricultural Supply and Demand Estimate (WASDE) report. Though the report contained very few surprises compared to prereport industry expectations, this was the first WASDE report of the year to include domestic projections for the 2013/2014 marketing year and 2013 world production estimates.

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Monday, May 13,2013

Economic hurdles for Australian beef

by Kerry Halladay, Associate Editor
The Australian beef industry is experiencing a perfect storm of economic disaster. Drought, oversupply from closed markets, and ag policy gone awry have left Aussie producers scrambling to find an alternative to simply shooting the hundreds of thousands of excess animals which cost more to feed and ship than they’re worth at market.

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Monday, May 13,2013

Record product values, contract lows

by Kerry Halladay, Associate Editor
The cash fed trade developed as a slow but steady trickle last week with reportable sales starting as early as Tuesday. Cattle sold for $126-127 live and $202-204 dressed, decreases of as much as $5-6 for both depending upon what part of cattle country one looked at.

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Friday, May 10,2013

CSAs a direct-marketing strategy with benefits

by Kerry Halladay, Associate Editor
With the popularity of farmers markets has come the growth of farmshares or CSAs. CSAs—the common shorthand for “Community Supported Agriculture”—are a form of direct marketing system. While CSAs are largely produce-oriented, there is a growing movement towards meat CSAs.

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Monday, May 6,2013

Federal delisting may come for wolves

by Kerry Halladay, Associate Editor
Word has spread from a pair of major news outlets regarding a draft rule by the U.S. Fish and Wildlife Service (FWS). Reportedly, the draft rule proposes the federal delisting of the gray wolf in the continental U.S.

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