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Friday, May 22,2009

COMMENTS

by Pete Crow - Publisher
Washington, D.C., is a busy place and the volume of legislation going through there is overwhelming. Too much for my liking. The irony is that most of it is overwhelmingly stupid. It’s no secret that we live in a global economy; that’s just the way it is. Passing free trade agreements is

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Friday, May 8,2009

COMMENTS

by Pete Crow - Publisher
Twenty-five years ago when the Beef Improvement Federation (BIF) only attracted about 60 folks, Expected Progeny Differences (EPDs) were the hot topic of the time. Two weeks ago, BIF held their annual meeting and gathered more than 450 people. This time, the major topics of concern were DNA and genome mapping.

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Friday, May 1,2009

COMMENTS

by Pete Crow - Publisher
The report was produced by the ususal universities with a cast that most everyone in the cattle and beef industry is familiar with. The report was funded by USDA. The report suggests that if beef producers do not adopt a full traceability system with at least a 90 percent compliance rate, we could lose $13.

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Friday, April 17,2009

COMMENTS

by Pete Crow - Publisher
Last week, the boxed beef cutout rallied around $10 from the previous week based on lower processing numbers. Cattle sold at $86 two weeks ago and moved up to $89- 90 on the cash market last week, which should put some profit back in the picture for both cattle feeders and packers.

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Friday, April 10,2009

Cautious optimism

Comments

by Pete Crow - Publisher
Cattle markets are moving a little better; fed cattle trade was up to $85 last week and feeder cattle are a bit stronger. Grass fever should be adding a few bucks to the calf market soon, if it isnt already in some areas. With the summer high-demand grilling season around the corner, it will be interesting how consumers respond to beef prices.

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Friday, April 3,2009

Working hard for the money

Comments

by Pete Crow - Publisher
What has the Cattlemen's Beef Board (CBB) done for you lately? As much as they possibly can, would be the answer. With cattle prices trading on the low end of the modern trading spectrum, it's assuring to know that CBB is still keeping beef in front of consumers.

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Friday, March 27,2009

COMMENTS

by Pete Crow - Publisher
There is only one way to phrase the nature of the congressional aggression over the AIG bonus situation last week: ?out of control.? The House of Representatives voted to pass a targeted tax on AIG employees who received bonuses. But it didn?t appear that the Senate wanted anything to do with the issue.

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Friday, March 20,2009

COMMENTS

by Pete Crow - Publisher
I have been traveling to bull sales the past few weeks and it is stunning how well the breeding bull market is going. Most operators are selling a lot of volume at good prices. I think having a $75-80 slaughter bull market last summer helped these bull sales in a big way.

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Friday, March 6,2009

COMMENTS

by Pete Crow - Publisher
It?sabsurd that Congress is dealing with a bill to ban the slaughter of horses in the U.S. Honestly, who are we to regulate what the rest of the world eats and desires, just because they are pets to some people and they can?t stand the thought of...

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Friday, February 27,2009

COMMENTS

by Pete Crow - Publisher
Right now, its hard not to be overwhelmed by our governments actions. Last week was about the budget deficit; the week prior was about the housing and bank bailout.

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