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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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Friday, July 18,2014

South Dakota looks great

by Pete Crow - Publisher
Agriculture in South Dakota has become a very technical business and it was encouraging to see all this new technology in action.

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Friday, July 11,2014

A solid market

by Pete Crow - Publisher
The cattle markets have gone wild; last week cash fed cattle were trading at $158 just before the 4th of July. The major retailers were offering bone-in New York strips for $5.99 over the weekend, which should have stimulated beef sales. However, market analysts were reporting CROW.

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Thursday, July 3,2014

A Remarkable Market

by Pete Crow - Publisher
Last week, Northern Video sold a set of all natural steers from the Greet Ranch in Ten Sleep, WY, for $236 cwt. Those cattle may break even in the $160s when they go to market. It seems like cattle feeders have thrown caution to the wind buying replacement feeder cattle.

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Friday, June 20,2014

ESA and the CBD

by Pete Crow - Publisher
The Center for Biological Diversity (CBD) was back at it last week filing numerous endangered species suits claiming the U.S. Fish and Wildlife Service (FWS) has not adequately protected several species. CBD is a radical environmental group that makes their living suing the federal government.

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Friday, June 13,2014

The national fires burn

by Pete Crow - Publisher
Grazing opportunities in the West are constantly going underutilized. Wild fire prevention has become a huge issue and the agencies responsible for fighting wildfires are taking money from Peter to pay Paul. Taking money from rang e improvement and forest management programs has actually CROW.

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Friday, June 6,2014

Feeder cattle move higher

by Pete Crow - Publisher
Feeder cattle markets continue to move higher with a major record high set last week. October feeder cattle futures broke $2 in overnight trade last Wednesday. Good rains have come over the past couple weeks in areas of the Southwest, causing a case of grass fever which has encouraged cattlemen to bid on light calves.

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