The cash fed trade was slow to develop last week and that was certainly to the benefit of packers. A hard break in the live futures, larger show lists, along with longanticipated rumors of declining production to meet the incoming reduced beef demand...
Following last week’s coverage of the U.S. Fish and Wildlife Service (USFWS) redefining a key phrase in the Endangered Species Act (ESA) [“New interpretation of ESA phrase ruffles feathers,” pg. 7], it came to light that there were several other related areas being tweaked in the ESA, as well.
Cash fed trade developed early last week in a start and stop sort of fashion. About 1,500 head were confirmed sold on Monday at $152- 153 live in Kansas, then by Wednesday afternoon, over 3,500 head were sold in addition at prices ranging from $155-158 live and $245-246 dressed.
According to the original May documents on the increased inspection, as well as FSIS instructions for inspectors released mid-June, the data collected from the salmonella surveillance will “allow FSIS to gather baseline data to determine the...
At the end of June, the U.S. Fish and Wildlife Service (USFWS) released a final notice of interpretation regarding the phrase “significant portion of its range” in the Endangered Species Act (ESA). The interpretation is the result of a process that began back in 2011, and in its own words, it will be the final ruling on the matter and “legally binding.
The IR details 56 specific permitting-exempt activities. The more overtly ranching-oriented exemptions on the list include: • Brush management; • Prescribed burning; • Fencing; • Firebreak; • Forage harvest management; • Prescribed grazing; • Grazing land mechanical treatment; and • Range planting.
Asking prices started the week slightly elevated from the prior week’s sales of $148-150 live and $234-238 dressed. However, after a strong rally—again—in the futures markets, asking prices jumped up a few more dollars. By Thursday morning, cattle feeders were asking $153-154 live and $240-242 dressed.
Earlier this month, I attended the annual Young Cattlemen’s Conference (YCC) as the lone media representative. It was an experience of a lifetime! Meeting young (or young at heart) producers from around the country and hearing about the pressing issues in their states was eyeopening, and simply meeting so many new people was a treat.
Sage-grouse and desert lizards aren’t the only creatures on the brink of listing that have inspired landowners to roll up their sleeves. In the Pacific Northwest, the threat of listing a small frog has locals putting their heads together to preserve private land rights and help the amphibian.