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Monday, October 20,2014

Corn yields raised in recent WASDE report

by Kerry Halladay, Editor
Most things were up in the most recent World Agricultural Supply and Demand Estimates (WASDE) report, released in the afternoon on Oct. 10. For beef, the increased production estimated hinged mostly on increased carcass weights, but corn and soybean yield estimates were finally catching up with what analysts have been saying for months.

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Monday, October 20,2014

Outside issues worry beef, cattle markets

by Kerry Halladay, Editor
Unlike past weeks, trade got underway earlier than usual last week. By Wednesday, over 50,000 head had been confirmed sold with Kansas, Nebraska, and the western Corn Belt leading the charge, despite analysts’ early week projections of late week trade.

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Monday, October 13,2014

Ranchers ride east to Washington, D.C.

by Kerry Halladay, Editor
Back in the days of the old West, the Pony Express saw fleet-footed horses and their daring riders charging west through hostile territory to get mail through to its destinations. Now the ponies are pointed east and aimed to charge into hostile territory to deliver a petition to the government.

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Monday, October 13,2014

Scarcity creates land opportunities

by Kerry Halladay, Editor
With the recession diminishing in the memories of the country, and people dissatisfied with waiting any longer to invest, the land market in the intermountain region has decidedly picked up. There is optimism and buyer interest with some looking to invest and others looking to expand.

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Monday, October 13,2014

Second verse, same as the first

by Kerry Halladay, Editor
The second week of October looked an awful lot like the first week in terms of the cattle markets. Cash was slow to start with expectations putting it at higher money, futures continued upwards, feeders sold for more money, and the beef complex gained some ground while still leaving packers in the red.

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Friday, October 10,2014

Less doesn't mean none

by Kerry Halladay, Editor
Case in point: I spoke with Katie Fite, Biodiversity Director at Western Watersheds Project (WWP), while working on my sage grouse ruling story for last week’s paper.

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Friday, October 10,2014

Whose mountains are these? Recreation vs. production

by Kerry Halladay, Editor
“Prior to the recession, the recreational properties were the focus of the markets. And then when the recession hit, those properties became very stagnant, very difficult to sell. But they have slowly started coming back,” reported Sam Middleton of Chas.

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Monday, October 6,2014

Futures dominate the market with gains

by Kerry Halladay, Editor
Packers missed the boat last week for buying cattle cheaper. After an explosive rally that began the prior Friday, the relatively aggressive gains of the near-term futures contracts left behind any hope that packers might have allayed their significant losses on the procurement side.

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Monday, October 6,2014

Court requires BLM to consider 'no-grazing'

by Kerry Halladay, Editor
Monday last week saw the Idaho District Court rule in favor of the environmental litigation group, Western Watersheds Project (WWP).

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Monday, September 29,2014

Cattle on Feed report neutral to bearish

by Kerry Halladay, Editor
Last week saw the release of two monthly reports relating to meat markets; the Cattle on Feed report and the Cold Storage report.

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