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Monday, March 30,2015

Price discovery

by Pete Crow - Publisher
Should the cattle industry be worried about the cash market for fed cattle? That question has been bugging cattle feeders for decades. But if you watch their behavior they don’t appear too concerned about the cash market since most feeders market cattle on a formula, and there.

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Monday, March 23,2015

Fun time ahead

by Pete Crow - Publisher
The House Natural Resources Committee just released their agenda for the next couple years and it appears that they will certainly produce a lot of news that should please western resource users. The new Chairman Rob Bishop (R-UT) has a very aggressive mindset;.

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Monday, March 16,2015

Markets moving higher

by Pete Crow - Publisher
Beef packers had a few days of profitability a couple weeks ago, but slipped back into red ink again, losing $16.75 per head last Wednesday. Despite profitability, they came to the table and started last week’s bidding at $161. It’s remarkable that the market is moving higher; ...

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Monday, March 9,2015

Pray for Snow

by Pete Crow - Publisher
It appears that we’re headed for a dry summer in the western states, where they have been in an extended drought. Here in Colorado, we received a good shot of snow that for the most part stayed in the mountains and dumped several feet. The state of Colorado has 92 percent of our normal snowpack and we have our wettest months before us.

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Monday, March 2,2015

Markets in limbo

by Pete Crow - Publisher
Boxed beef cutout values are on the rise this past week after several weeks of production declines. Packers have been experiencing losses of $100 per head for several weeks and that looks to be changing. The Choice cutout was $244.24 last Tuesday, up about $5 from the.

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Monday, February 23,2015

Union chokes economy

by Pete Crow - Publisher
This situation with the West Coast shipping ports is getting out of hand and has been for a while. Beef and meat exports to our Asian customers have been damaged and it will take some time to rectify. The labor unions are fighting for relevance while the rest of the.

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Monday, February 16,2015

Double edge

by Pete Crow - Publisher
National Cattlemen’s Beef Association hosted their largest annual convention ever with over 8,200 folks showing up to attend meetings and the trade show—which was also the largest ever—with over 330 exhibitors; and it was pleasing to see so many young people attend.

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Monday, February 9,2015

Cow herd growing; not so fast

by Pete Crow - Publisher
The markets didn’t seem to like the Jan. 31 cattle inventory numbers that showed 1 percent more cattle available than last year, roughly 1.3 million more cattle. Feeder cattle futures were all down the limit of $4.50, bringing feeder cattle values down to.

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Monday, February 2,2015

The New West

by Pete Crow - Publisher
This survey is a proactive tool for public lands ranchers and can be used to combat the many negative perceptions some have about livestock grazing. This survey supports what many of us already know, which is that livestock grazing is a management tool that helps maintain healthy ecosystems.

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Monday, January 19,2015

Market adjustments

by Pete Crow - Publisher
Cattle markets are struggling to find value. The live cattle futures contract has declined over $10 over the past week to $155.80, while the cash market touched $170 live. This week fed cattle are trading $5-6 lower, but still a $10 premium over CROW.

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