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Friday, October 23,2009

Markets improve

by Pete Crow - Publisher
Cattle markets have improved a bit over the past two weeks and some segments of the beef industry are moving along very well. The fall bull sales around the country have been stronger than many of us expected and

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Tuesday, September 29,2009

COMMENTS

Marketing options

by Pete Crow - Publisher
The big summer video sales are just about over and the yearling cattle fared pretty well up until the last few weeks. There were some good calf sales, but for most cow/calf operators, it was disappointing in relation to last year's prices. Now we're.

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Friday, September 18,2009

COMMENTS

A new friend

by Pete Crow - Publisher
The new chair of the Senate Ag Committee, Blanche Lincoln, D-AR, looks like she might be a pretty reasonable person for agriculture. It will be interesting to see if she follows along with the plans of the former Senate Ag chairman, Tom Harkin, D-IA, and his sometimes wild ag agenda.

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Friday, September 11,2009

COMMENTS

There ought to be a law

by Pete Crow - Publisher
I’m sure at some point in time you’ve said the phrase “there ought to be a law.” Could be about anything, but sometimes you get so angry with something that you just blurt it out. I’m sure that after TIME published their diatribe against agriculture a few weeks ago, many in agriculture thought there ought to be a law about disguising opinions or fiction as news

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Friday, September 4,2009

COMMENTS

by Pete Crow - Publisher
The first time I spoke with Wesley Batista at JBS headquarters in Greeley, CO, he told me that they were contrarians and opportunistic. When everyone wants out of a business, they want in. His family showed those cards again last week, making a bid to buy Pilgrim’s Pride poultry

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Friday, August 28,2009

COMMENTS

Time out

by Pete Crow - Publisher
The magazines cover had a package of ground beef on it with a warning label about conventionally-raised meat being hazardous to your health.

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Friday, August 21,2009

COMMENTS

Market dynamics

by Pete Crow - Publisher
The market for yearling feeder cattle has stayed quite strong this summer and has appeared to trade without much of a freight basis. For example, 850-pound steers in Nevada are trading at or near the same price as they are in eastern Wyoming.

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Friday, August 14,2009

COMMENTS

The new GIPSA

by Pete Crow - Publisher
The Grain Inspection Packers and Stockyards Administration (GIPSA) is all of a sudden getting reacquainted with the cattle industry and has been very aggressive checking up on auction markets and cattle dealers. For many years, you could go on their Web.

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Friday, July 31,2009

COMMENTS

by Pete Crow - Publisher
JBS has been on a tear, growing their global red meat operation. Five years ago, this global powerhouse didnt exist; JBS was just another beef processor in Brazil. In three short years, they have invested over $3 billion in just the U.S. beef industry alone, purchasing Swift, Smithfield Beef and Five Rivers Cattle Feeding.

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Friday, July 24,2009

COMMENTS

Liars can figure

by Pete Crow - Publisher
If you listen to USDA rant about cap and trade, you would think the program will be a big cash machine for agriculture. Last Wednesday, USDA Secretary Tom Vilsack, along with Environmental Protection Agency (EPA) boss Lisa Jackson, testified in a Senate Ag Committee hearing that cap and trade will be good for farmers in the near term and in the long term.

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