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Monday, October 20,2014

Who do you trust?

by Pete Crow - Publisher
This Ebola virus situation is getting a little out of hand. It shows once again that the federal government and the Obama administration just can’t govern and are a little too lackadaisical about doing the job.

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Friday, October 3,2014

More checkoff drama

by Pete Crow - Publisher
It’sbecoming clear who has the ear of Secretary of Agriculture Tom Vilsack; the National Farmers Union (NFU). Last week Vilsack held a meeting with the Beef Checkoff working group and said, “This is going to be a one-way conversation,” telling the group that he plans on.

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Friday, September 26,2014

Feeders looking for lofty breakevens

by Pete Crow - Publisher
Placements have been lower over the past six months and at lighter weights up until the August report that said heavy weight placements that were over 800 lbs. were much higher during August. Most areas had great summer grazing, producing heavier cattle, which may defer some for cattle going into the feedlot.

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Friday, September 19,2014

Your beef checkoff

by Pete Crow - Publisher
So let’s see who has the most influence. I figured that Facebook may have some answers about membership or something close to it. According to Facebook stats, NCBA is the clear winner with 34,239 folks liking their page. On the other hand R-CALF has 1,048 “likes” and the United States Cattlemen has 698 “likes.

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Friday, September 12,2014

More checkoff drama

by Pete Crow - Publisher
The Beef Checkoff is being threatened again. It’s absolutely amazing to me that the Beef Checkoff continues to cause problems for this industry. A simple dollarper-head is no big deal. Even two or three dollars a head shouldn’t be a big deal.

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Friday, September 5,2014

Government, you, and trust

by Pete Crow - Publisher
USDA said in a 2014 risk analysis, “Although the expected consequences of an FMD outbreak in the United States would be severe, the likelihood of such an outbreak occurring due to exposure of the domestic livestock population to FMD-susceptible animals and products imported from the Patagonia region of Argentina is very low.

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Friday, August 29,2014

The storm has passed

by Pete Crow - Publisher
bubble was inevitable. And that is exactly what happened. Beef wasn’t necessarily the problem but simply the scant amount of meat on the market at that time. Total meat supplies were down 4.4 pounds per capita from a year ago, which is a substantial amount; total beef supplies were down 3.

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Friday, August 22,2014

Stabilizing the markets

by Pete Crow - Publisher
The scattle markets have become a little volatile over the past few weeks with live cattle topping out at $160 on the futures market, and just a few days later, dropping down to $148 on the August contract. The cash market traded at a $4 positive basis to the board, which appears to be narrowing.

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Friday, August 8,2014

A Russian reaction

by Pete Crow - Publisher
These cattle markets continue to amaze me. The cattle futures took a dump last Thursday with nearly all feeder cattle contracts down the $3 limit in early trading. The live cattle contract wasn’t hit as hard, but suffered.

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Friday, July 25,2014

Perfect storm

by Pete Crow - Publisher
Cattle markets took a little breather just after the 4th of July holiday, dropping a few bucks on fed cattle, but came roaring back, appearing ready to break some new records and did, reaching $162-163 live. I know that everyone selling cattle right now is star struck CROW.

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