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Friday, November 28,2014

Beef stocks dwindle

by Kerry Halladay, Editor
Across all warehouses as of Oct. 31, beef in cold storage amounted to 374.87 million pounds (mp), down 15 percent from the same time last year. Beef additionally represented less of red meat and total meat in cold storage at 39.8 percent and 18.8 percent respectively, down from 42.

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Friday, November 28,2014

Placements, marketings sour futures: COF 'bearish' marketings 'depressing'

by Kerry Halladay, Editor
The state of the beef supply chain took a bearish turn recently as higher-than-expected placements combined with continued lower-thanexpected marketings. But there is speculation that the trend of depressed marketings—and thereby feedlot backlogs—won’t continue too much longer.

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Monday, November 24,2014

High cattle prices 'for some time'

by Kerry Halladay, Editor
One of the presenters, Gary Brester, Professor of Agricultural Economics and Economics at Montana State University, had a “weird story” to tell the audience.

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Monday, November 24,2014

Cutouts gain on reduced production

by Kerry Halladay, Editor
Last week the cattle and beef markets were holding their breaths before the Thanksgiving week. Cash cattle trade didn’t relevantly develop until Friday and futures were sideways. But prices for feeder cattle keep going up and the cutout continues its slow march upwards.

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Friday, November 21,2014

Carbon credits keep grasslands grassy

by Kerry Halladay, Editor
Last week, Agriculture Secretary Tom Vilsack announced that the USDA had partnered with Chevrolet, a division of General Motors, and a number of other groups to create a market for carbon credits in defense of grasslands.

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Friday, November 21,2014

Giant goals from the CA Sheep Commission

by Kerry Halladay, Editor
The review is required by California law every five years to ensure the CSC, and other commodity marketing commissions like it, are accomplishing their goals. Lacking any serious outcry against it, the CSC will be renewed for another five years.

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Monday, November 17,2014

Production, import estimates increased

by Kerry Halladay, Editor
Last Monday, the November World Agricultural Supply and Demand Estimates (WASDE) report was released. Most noteworthy was the one-month reversal of corn yield rates, even as analysts still call for higher yield estimates.

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Monday, November 17,2014

Futures, cutout climb; packers still losing

by Kerry Halladay, Editor
The cash trade was slow to develop last week as packers were stretching what they had in committed cattle to cover reduced production needs. Increases in the futures also had them holding off buying in hopes of a downturn as cattle feeders were asking for higher money.

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Friday, November 14,2014

Checkoff-funded beef innovation targets the Millennial market

by Kerry Halladay, Editor
One industry detail you’ve likely seen bandied about since summer is the return on investment numbers for the Beef Checkoff Program. For every dollar invested in the checkoff, the program has reportedly returned about $11.20 to the beef industry.

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Friday, November 14,2014

Not your everyday probiotics

by Kerry Halladay, Editor
You may have heard about the benefits of probiotics in health food stores or from your doctor. But the microorganisms that colonize the human gut aren’t the only ones that need some love. Cattle and their colonies of gut microbes also benefit from special attention.

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