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Friday, June 25,2010

New rules

by Pete Crow - Publisher
USDA released new amendments to the 1921 Packers and Stockyards Act. Those new rules were mandated by the 2008 Farm Bill. Congress’ wish was to provide basic protections for livestock and poultry producers. However, USDA may have overinterpreted Congress’ intent on this one.

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Friday, June 18,2010

Byproducts

by Pete Crow - Publisher
New research from Stanford University suggests that production agriculture has slowed down the pace of global warming. This bit of news should have the grow-local and organic-food wonks and the environmental global warming, anti-agriculture crowd wondering what just happened.

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Friday, June 11,2010

From goo to gold

by Pete Crow - Publisher
Ethanol mandates have been a contentious issue over the past few years the and the run up in corn values in 2008 was very destructive to animal agriculture. It’s never been a secret that the majority of U.S. corn production has been sold as livestock feed, and when the federal

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Friday, June 4,2010

Personal profit

by Pete Crow - Publisher
Do you ever wonder how the Humane Society of the United States (HSUS) would do in China? Perhaps not so well, considering there are dogs on the menu in many restaurants. HSUS has been getting a lot of press lately and I’m sure it's press they would prefer

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Friday, May 21,2010

Rock and a hard place

by Pete Crow - Publisher
It’s good to see someone attempt to trim the Environmental Protection Agency’s regulatory wings regarding their haphazard determination that carbon dioxide (CO2) is an air pollutant. Sens. Lisa Murkowski, R-AK, and Blanche Lincoln, D-AR, have proposed a Resolution of Disapproval

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Saturday, May 15,2010

We’re from the EPA and we’re here to help

by Pete Crow - Publisher
It’s difficult to tell whether or not the Environmental Protection Agency (EPA) is helpful or harmful to society. I suppose that depends on your perspective. When the agency was created in 1970 under the Nixon administration,

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Friday, May 7,2010

GIPSA witch hunt

by Pete Crow - Publisher
Cattle feeders have been selling fed cattle between $98 and $102 for nearly four weeks in a row and the cash market is still leading the way. If you look at the deferred futures and consider current fed and non-fed cattle supplies, this market appears to have some sustainability. This may be a different

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Friday, April 30,2010

Is the rally over?

by Pete Crow - Publisher
Futures markets have been kind to the beef business over the past few months. Sometimes I don’t think we would have had this kind of price discovery without the futures markets, but then again, cash did lead the futures market around for a few weeks. Feeder cattle markets were also pushed into very high

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Friday, April 23,2010

COMMENTS

by Pete Crow - Publisher
Retail meat markets are starting to respond with higher prices at the meat case. The recent rally in the cattle markets looks like it will stick around for awhile. The boxed beef cutout appears to have found its comfort level in the mid- to upper-$160 range for the Choice product last week and has been trading steady there.

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Friday, April 16,2010

Caution flag is up

by Pete Crow - Publisher
I hate to say it, but what goes up usually comes down. The stock market has been on a roll in recent weeks and the Dow has passed that magical 11,000 mark, hopefully providing fuel for improved consumer attitudes and increased discretionary spending. On the other hand

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