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Friday, June 15,2012

Life's lessons come with a cost

by Pete Crow - Publisher
The first big video sales are getting underway; Superior Livestock Auction held their first two-day sale in Des Moines, IA, last week and it was a good one. Buying feeder cattle this summer is going to take nerves of steel. It appears the heavy cattle will be selling for big money.

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Friday, June 1,2012

Back in the saddle

by Pete Crow - Publisher
I have felt a little out of the loop the past few weeks, not keeping up with cattle markets and issues. A few weeks ago, I had to have major back surgery which took me out of the game for a while. It’s been difficult to stay up with the markets, but I figured it’s time to make some kind of appearance.

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Friday, May 4,2012

Corporate culture

by Pete Crow - Publisher
We’re just about to the point where we’re going to have full contact politics. This race for presidency is going to be interesting, to say the least. It really does get down to an ideology and voting for the man who possesses the same ideals you do. And the way I see it, it’s a simple choice who our next president should be.

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Friday, April 27,2012

Pushing the panic button

by Pete Crow - Publisher
Any time you see the futures markets trade limit down, on all contracts, inside of an hour, you know something went wrong, very wrong. It doesn’t happen all that much but did last Tuesday morning when traders got news that a cow was found in California with Bovine Spongiform Encephalopathy (BSE) and then the panic sell was on.

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Friday, April 20,2012

Comments

by Pete Crow - Publisher
The boxed beef cutout value had a nice rally last week, up about $7, and it brought fed cattle values up a little bit with it. Still, the weak aspect of the market is slaughter level. The industry needs to start processing cattle in the mid 600,000-head range and get this summer demand going.

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Friday, April 13,2012

Mad markets

by Pete Crow - Publisher
The news of lean finely textured beef (LFTB) did have some influence on beef markets and the attitude of consumers. However, beef trade had been lackluster prior to that episode. Many market watchers have been waiting for grilling season to get underway, hoping that the seasonal trend would light up the beef markets.

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Friday, March 30,2012

COMMENTS

Media mayhem

by Pete Crow - Publisher
This episode with Beef Products Inc. (BPI) is a real tragedy. Last week, BPI shut down three of their four plants and temporarily laid of 650 people at those plants. It’s amazing that an elite segment of the general media was willing to throw them under the bus, espe- CROW.

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Friday, March 23,2012

COMMENTS

Slimed Again

by Pete Crow - Publisher
They’re back! The celebrity foodies have selected Lean Finely Textured Beef (LFTB) as their next target. It’s remarkable how fame can provide credibility to folks who have no idea what they are talking about. They do their damage and then they simply walk away.

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Friday, March 16,2012

Comments

April Showers

by Pete Crow - Publisher
It’s still a little early to talk about the weather, but my latest travels through the Intermountain West suggest we could see a dry spring. We went to bull sales in Wyoming and Montana last week and the dry weather was on everyone’s mind, although they didn’t want to talk about it, think.

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Friday, March 9,2012

COMMENTS

Futures folly

by Pete Crow - Publisher
You love them when they’re long and then you hate them when they short the market. Big money funds can swing a lot of dollars around in commodities futures trading, and with live cattle and feeder cattle contracts that typically have low trading volume, it makes it that much CROW.

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