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Monday, May 12,2014

Pre-holiday product value push unlikely

by Kerry Halladay, Associate Editor
“The latter situation will lead to a market, which should have short lived rallies as the trend into the summer is down. The most likely timing of a summer low is the late July/early August period. We would expect a minimum type price break of 8-10 percent from.

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Friday, May 9,2014

Walmart sustainability pledges

by Kerry Halladay, Associate Editor
Walmart executives used the event to talk about how to “rewire the system” in ways that would have a significant impact on improving the environment. That entailed touting various collaborative efforts to improve efficiency and reduce waste throughout the supply chain for Walmart stores.

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Monday, May 5,2014

House committee advances on ESA reform

by Kerry Halladay, Associate Editor
All of the bills are tiny by usual governmental standards and overlap in content. Both H.R. 4315 and H.R. 4317 seek to amend the ESA to require the government to disclose information regarding listing decisions. H.R. 4315 would require that all information used in listing decisions be made public on the Internet, while H.

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Monday, May 5,2014

Futures take off higher

by Kerry Halladay, Associate Editor
Cash trade was slow to develop again last week, but when a little trade happened on Thursday, the numbers were a surprise. With a little over 7,000 head sold by Thursday afternoon, prices were steady to up $5 compared to the prior week with steers selling live at $148-150.

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Friday, May 2,2014

Low placements boost futures

by Kerry Halladay, Associate Editor
The futures markets reacted favorably to what was a decidedly bullish surprise from the most recent Cattle on Feed report. Following the report’s release, feeder futures and live futures to a lesser extent surged on word that there will be fewer cattle than expected in the coming months.

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Monday, April 28,2014

Cutout values surge on cut production

by Kerry Halladay, Associate Editor
“Packers are trying to lay in the weeds and say they have enough inventory around them and that domestic beef business has yet to pick up seasonally,” reported Troy Vetterkind of Vetterkind Cattle Brokerage. “This may be true to a certain extent but they do have first of May beef orders to fill and export orders have been robust lately.

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Monday, April 28,2014

Klamath Basin agreement signed

by Kerry Halladay, Associate Editor
Friday, April 18, saw the signing of the Upper Klamath Basin Comprehensive Agreement (Agreement) by Klamath tribal leaders, local politicians, and representatives from the agricultural interests. This moves the historic decision on a years-long water war to the next level: Congress.

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Friday, April 25,2014

Beef production down 1.5% in 2013; year-to-date production down 5%

by Kerry Halladay, Associate Editor
It was all about the numbers last week as a pair of slaughter reports were released. Monday welcomed the annual Livestock Slaughter, documenting the next-to-nonexistent decline in heifer and beef cow slaughter between 2012 and 2013.

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Monday, April 21,2014

Domestic demand expected to increase

by Kerry Halladay, Associate Editor
The cash fed trade developed in a slow trickle throughout the week last week. By Thursday afternoon, over 59,000 head had been confirmed sold for the week at a weighted average of $146.79 live and $233.33 dressed. That was decidedly lower compared to the prior week’s $147-148 live and $240-241 dressed prices.

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Friday, April 18,2014

Wolf listing decision postponed in CA

by Kerry Halladay, Associate Editor
California is nothing if not skilled at stirring up the passions of the people, even when the issue at hand exists largely (or wholly) outside its borders and is addressed in numerous laws. Case in point last week: the question to list the gray wolf..

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