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Monday, July 8,2013

Ag and Obamacare; distrust and taxes

by Kerry Halladay, Associate Editor
The impending implementation of the Affordable Care Act (ACA)— colloquially called “Obamacare” in many circles—has inspired many emotions, chief among them being distrust and concern, particularly among rural communities.

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Friday, July 5,2013

Cutout remains surprisingly high

by Kerry Halladay, Associate Editor
Last week’s short trade week saw surprisingly sluggish buying behavior from packers. Because of the July 4 holiday, markets—cash and futures alike—closed early on Wednesday and were closed Thursday, leaving only Monday through Wednesday and some of Friday for trading cattle.

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Friday, July 5,2013

Feinstein introduces Senate antibiotic bill

by Kerry Halladay, Associate Editor
Following recent congressional rumblings on the topic of antimicrobial use in food animals, U.S. Sen. Dianne Feinstein, D-CA, introduced the “Preventing Antibiotic Resistance Act of 2013” to the Senate on June 27. The bill—which lacked a number at the time of writing—is the Senate version of H.

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Friday, July 5,2013

CME, NCBA seek changes to live futures contract

by Kerry Halladay, Associate Editor
In the last week of June, the Chicago Mercantile Exchange Group (CME) sent a letter to the U.S. Commodity Futures Trading Commission (CFTC) requesting permission to allow heavier cattle as deliverable on the CME live futures contracts.

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Friday, June 28,2013

Cattle on Feed called slightly bearish

by Kerry Halladay, Associate Editor
The most recent Cattle on Feed report showed that cattle in feedlots of over 1,000 head capacity were down as of June 1, and placements into and marketings out of the same feedlots during the month of May were also down.

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Friday, June 28,2013

"Compass" leads consumers, producers to USDA programs

by Kerry Halladay, Associate Editor
In its continuing effort to connect consumers to their farmers—and producers to helpful industry contacts—USDA’s “Know your farmer, Know your food” program has created a powerful online search tool called “Compass.

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Monday, June 24,2013

Fire-fighting ranchers protect the land

by Kerry Halladay, Associate Editor
Western ranchers are no stranger to fire. The recent years-long drought in many states has made that an even closer relationship as massive wildfires devastate parched rangelands. But in Idaho, more and more ranchers are turning in their cowboy hats for firefighters’ helmets as this year’s fire season starts up.

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Monday, June 24,2013

Summer lows still to come?

by Kerry Halladay, Associate Editor
Light cash trade developed sporadically throughout last week with Iowa and Nebraska selling several hundred head on Tuesday and Wednesday at $120-122 live and $190-192 dressed with a few at $194 dressed going to a regional packer in Nebraska.

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Friday, June 21,2013

LFTB defamation suit goes home

by Kerry Halladay, Associate Editor
Federal Judge Karen Schreier recently ruled that the defamation lawsuit brought against ABC News by Beef Products Inc. (BPI)—producer of lean finely textured beef (LFTB)—will return to South Dakota’s Union County Circuit Court.

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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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