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Monday, April 14,2014

Australia, Japan announce trade agreement

by Kerry Halladay, Associate Editor
It’s never fun to try to organize a big party, only to learn some of the key guests are planning their own festivities on the side. For some, this can be a social “faux pas” that goes well beyond hurt feelings and ruffled feathers.

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Monday, April 14,2014

Higher losses plague packers, cutout down

by Kerry Halladay, Associate Editor
Packers are bleeding out red ink again, and last week looked like the cash fed cattle market was going to wring a bit more red out of them. By close of trade Thursday afternoon, barely 5,000 head had been confirmed sold for the whole week, and then only at $150 live and average $240.

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Friday, April 11,2014

Corn called bullish in the supply report

by Kerry Halladay, Associate Editor
Last Wednesday saw the release of the most recent World Agricultural Supply and Demand Estimates (WASDE) report. The report was called bullish for corn given the increases made to corn export to reflect the quick pace of corn trade in recent months, and not all that surprising for meat.

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Monday, April 7,2014

Feeders leave fed cattle in the dust

by Kerry Halladay, Associate Editor
The cash fed cattle trade decided to play an opposite day prank for the week of April Fools. Compared to the prior week, where the bulk of a very large weekly cash fed trade took place early in the week for surprisingly higher money, last week was sluggish, inactive, and what few trades did occur prior to publishing were depressed.

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Monday, April 7,2014

Climate change's impacts on U.S. agriculture

by Kerry Halladay, Associate Editor
Though the voluminous work covered a myriad of literally global topics, its impact on agriculture was a frequent theme. And unsurprisingly, one environmental group’s response to the report was entertainingly agriculturallythemed—cherry-picking—though they seemed to be reaching for fruit that wasn’t there.

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Friday, April 4,2014

Planned corn acres down for 2014-15

by Kerry Halladay, Associate Editor
Every year, USDA’s National Agricultural Statistics Service (NASS) collects surveys from a large number of American farmers and ranchers asking what they plan to plant. This information is collected into the Prospective Plantings report, and the information is invaluable to the markets and subsequent reports.

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Monday, March 31,2014

EPA defines 'Waters of the U.S.'

by Kerry Halladay, Associate Editor
Tuesday of last week saw the joint release of the Environmental Protection Agency’s (EPA’s) and the Army Corps of Engineers’ (Corps’) proposed rule defining the “waters of the U.S.” The rule will be up for public comment for 90 days once it is published in the Federal Register sometime this or next week.

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Monday, March 31,2014

Cash and live futures rally strong mid-week

by Kerry Halladay, Associate Editor
It is such an alien thing to report these days, but cash fed cattle trade was wrapping up Wednesday last week, with the prices paid surprising even bullish analysts. Live cattle went for $150-154, with most volume in the $152-154 area—up $4 in the Southern Plains and steady to up $1 in the Corn Belt—and $242-245 dressed.

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Friday, March 28,2014

Placements surprise, exceed estimates by 5 percent

by Kerry Halladay, Associate Editor
There were some definite surprises in the most recent Cattle on Feed report, released Friday, Mar. 21. Onfeed numbers were higher than expected and placements were much higher than expected. These realities paint a picture of the unique marketing situation facing the cattle world today.

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Friday, March 28,2014

GMO polls indicate public uncertainty

by Kerry Halladay, Associate Editor
The topic of genetically modified organisms (GMOs) is a sure thing for a media frenzy. The American public just can’t agree and argues viciously over the topic with passion usually reserved for religious conviction. But forget the GMOs themselves, what people think about them has been in the spotlight lately.

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