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Friday, November 8,2013

Enjoy the markets

by Pete Crow - Publisher
Beef and cattle markets were trying to find some direction last week after live cattle ran up to the $134 level and the Choice beef cutout ran above $205 for a short period of time. Last Thursday packers were trying to offer $129 and feeders were asking $133 to $134.

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Friday, October 25,2013

Opportunity is ripe

by Pete Crow - Publisher
This cattle market over the past few weeks has put some much needed black ink in cattle feeder’s hands. And what do they do? Go and drive the feeder cattle markets even higher. Feeder cattle markets took a little bit of a breather this last week, but who could blame it after a very long extended rally starting in May.

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Friday, October 18,2013

Time for a political shift

by Pete Crow - Publisher
I don’t know how you all feel about this partial government shutdown deal. It’s over for now, but will be back in play this next January, so it isn’t really over in my book. It just means more of not knowing what this administration plans to do.

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Friday, October 4,2013

Politics of doom

by Pete Crow - Publisher
ObamaCare is to blame for this entire mess. Ironically, as a small businessman, I still don’t know what to expect with ObamaCare and I’ve tried to learn as much as I can over the past couple years.

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Friday, September 20,2013

More cows, please

by Pete Crow - Publisher
Last week we experienced major moisture events in much of the country. Here in Colorado we received a years’ worth of rain and hail in roughly four days. Larimer County in central Colorado received up to 18 inches of rain in a few short days and many parts of the state received three to six inches of rain.

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Friday, September 13,2013

COOL denied

by Pete Crow - Publisher
After re-racking the COOL rule in the wake of a WTO complaint from Mexico and Canada, the USDA was forced into a do-over on the rule. Mexico and Canada and the entire meat industry weren’t very happy with the rule that USDA came up with which mandates a new label that will require born, raised and slaughtered information.

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Friday, September 6,2013

Seasonal patterns

by Pete Crow - Publisher
Higher, higher and higher is the mantra of the feeder cattle market, which has been on a rally of extraordinary strength. It’s just amazing that this market has been on a three month roll and nothing is holding it back.

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Friday, August 30,2013

Calves and feeders remain strong

by Pete Crow - Publisher
It’s been quite a summer for calves and feeder cattle. The market took off in June and hasn’t looked back. Ever smaller supplies of feeding cattle have forced cattle feeders to dig deep into their pockets if they want to keep their yards operating efficiently.

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Friday, August 16,2013

Antagonistic relationship

by Pete Crow - Publisher
Live cattle markets finally moved off the six-week average of $119 last week when Tyson foods announced that they would not be buyers of cattle fed the beta-agonist Zilmax. The announcement came on Aug. 7 during the National Cattlemen’s Beef Association (NCBA) midyear conference in Denver.

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Friday, August 9,2013

EPA to change RFS

by Pete Crow - Publisher
All of a sudden, the Environmental Protection Agency (EPA) has come to their senses about the Renewable Fuel Standard (RFS) mandate and finally realized that cellulosic ethanol won’t be a big contributor to the ethanol mix for a while.

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