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Friday, June 14,2013

Politics of neighbors

by Pete Crow - Publisher
It sounds like it ought to be a simple matter, to label meat products with their country of origin, but when you take it to the level of where it was born, where it was raised and where it was slaughtered, things get a bit more cumbersome and expensive for processors and distributors.

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Friday, June 7,2013

Conditional risk

by Pete Crow - Publisher
This farm bill will cost nearly a trillion dollars over 10 years, according to the Office of Management and Budget, and will save somewhere between 24 billion over the 10-year span. I honestly don’t understand how Congress got into this 10-year budget idea.

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Friday, May 31,2013

It's a fast market

by Pete Crow - Publisher
Market fundamentals are starting to look pretty good right now although a few things look a little out of line. The beef industry finally got the cutout over $2 on May 2 and it has remained there with the top coming in just before Labor Day at $211.67. The last.

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Friday, May 24,2013

Thinking of the family

by Pete Crow - Publisher
First I have to say that states that have seat belt laws have them for good reason. The Montana Highway Patrol said that they would have had a good chance of making it if they were wearing their seat belts. The Highway Patrol also told us that there have been seven accidents on that same curve in the last two weeks.

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Friday, May 10,2013

New territory

by Pete Crow - Publisher
Wholesale beef prices finally moved over the $200 mark and have remained there for the past five days. Last Thursday, Choice beef was $3.00 higher at $204.67 in the afternoon report. Trade volume has been light as everyone tries to adjust to this new price point.

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Friday, May 3,2013

The big picture

by Pete Crow - Publisher
Corn is back in the news and it looks like the livestock industry has re-armed and is going after the Environmental Protection Agency (EPA) again over the Renewable Fuel Standards (RFS). Bob Goodlatte, R-VA, proposed legislation a few weeks ago that would reform the law.

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Friday, April 26,2013

There is light in the tunnel

by Pete Crow - Publisher
Boxed beef started to move higher last week and beef markets were turning more active for middle meats. Let’s hope that folks feel an overwhelming need to fire up the grills after several weeks of pent up demand from the delay of grilling season. Lateseason snows have hammered Plains states the past few weeks.

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Friday, April 19,2013

MCOOL compromise time

by Pete Crow - Publisher
have to wonder how US- DA will finally deal with Mandatory Country of Origin Labeling (MCOOL). I took a good look at the comments filed at USDA’s filing website, and if USDA looks at them closely, from a number of points of view, the beef industry will have a problem and CROW.

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Friday, April 5,2013

Counting beans... or is it corn?

by Pete Crow - Publisher
The corn report sent corn prices into a tail spin, losing nearly $1 in the three days that followed Thursday, March 28. Conversely, feeder cattle were up the limit, $3, that Thursday and have been quite strong since, which suggests that the low for feeder cattle may have arrived.

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Friday, March 29,2013

Feeder cattle transparency

by Pete Crow - Publisher
When you buy your bulls to breed the cows, you have tons of data that you can utilize to pick the right bull for your needs, and the list of selection traits is getting longer and more accurate. Add in the new DNA gene marker data and you have even more information to pick just the right bull.

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