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Friday, September 19,2014

$15.7 Million for conservation, soil health

by Kerry Halladay, Associate Editor
Last week, Natural Resources Conservation Service (NRCS) Chief Jason Weller announced the details of this year’s Conservation Innovation Grant (CIG) award winners. This year sees 47 awardees being granted $15.7 million in grants, with over half of the projects focused on the theme of soil health.

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Monday, September 15,2014

CA groundwater bills could harm; not help

by Kerry Halladay, Associate Editor
Three bills sit on California Governor Jerry Brown’s desk. They were passed by the state’s assembly and await the governor’s signature. With three strokes of a pen, Gov. Brown could drastically reshape the water landscape of the parched Golden State, overturning over 100 years of water law tradition.

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Monday, September 15,2014

Futures decline in late trade

by Kerry Halladay, Associate Editor
The cash fed trade last week was slow, but this was not surprising. Analysts expected packers to hold off buying cattle until the release of the World Agricultural Supply and Demand Estimates (WAS- DE) on Thursday, and that seemed to work out for them, though not because of WASDE.

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Friday, September 12,2014

Land lawsuit: mineral rights over property rights

by Kerry Halladay, Associate Editor
In mid-August, the Tenth Circuit Court of Appeals ruled in favor of oil and gas company Entek GRB in its appeal of an earlier case against Stull Ranches in Colorado. Stull owned the surface rights to the area in question, while Entek owned the mineral rights under much of Stull’s ranch and adjoining surface parcels.

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Monday, September 8,2014

Trend reverses, markets go up

by Kerry Halladay, Associate Editor
Very light trade developed Wednesday at $158-160 live in Minnesota and $250 dressed in Nebraska and Iowa, but at levels too low to set the week’s trend. Still, the early trade at $3-5 higher live and $5-8 higher dressed caught the market’s attention. Live futures closed strong on Wednesday and followed suit on Thursday.

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Monday, September 8,2014

Tyson, Hillshire Farms merger goes forward

by Kerry Halladay, Associate Editor
Back in mid-July, Tyson issued an Offer to Purchase Hillshire Farms for $63 per share in cash, with the acquisition totaling $8.5 billion. The offer was extended several times and eventually came under Department of Justice (DOJ) scrutiny for potential antitrust concerns.

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Friday, September 5,2014

Spotted frog listed as threatened in WA, OR, CA

by Kerry Halladay, Associate Editor
The frog was once native to much of the Pacific Northwest, but is now found in restricted areas in northern California, Oregon, and Washington in the U.S. as well as British Colombia in Canada. According to the USFWS’ final rule, it currently occupies 10-24 percent of its historical range.

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Monday, September 1,2014

Live futures rebound, may stabalize briefly

by Kerry Halladay, Associate Editor
“However, I believe we get past Labor Day and further into the month of September and the market will be dealing with increased supplies of competing proteins and heavier carcass weights. This likely resumes the recent downtrend in cash cattle prices from the historic highs posted earlier [in August].

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Friday, August 29,2014

Record placement lows in Cattle on Feed report disappoint

by Kerry Halladay, Associate Editor
The Aug. 1/July Cattle on Feed report was released Friday, Aug. 22. While everything was predicted down— and everything was down— things weren’t as down as analysts expected. The report has been called mixed neutral to bearish, particularly for record low placements that still disappointed expectations, and for the lagging marketing rate.

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Friday, August 29,2014

The value of the export market

by Kerry Halladay, Associate Editor
Total U.S. Beef Exports 2004-2013) divided by number of federally inspected steers and heifers slaughtered for 2013 (Source: USDA’s Livestock Slaughter 2013 Summary). 3.

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