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Friday, February 15,2013

New marketing tool

by Pete Crow - Publisher
Last week’s cattle industry convention held in Tampa, FL, was, for the most part, uneventful, and I suppose the National Cattlemen’s Beef Association prefers it that way after years of arguing over the checkoff and governance issues. There was a new committee structure in place that seemed to produce CROW.

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Friday, February 1,2013

A long way to go

by Pete Crow - Publisher
The live cattle market regained all the losses that were realized two weeks ago after Cargill announced the closing of their Plainview, TX, beef plant. The market has made nearly a full recovery. I’ll admit, it was a bizarre day at the CME when the news came about.

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Friday, January 18,2013

Infrastructure casualty

by Pete Crow - Publisher
Beef sales for 2013 have started off with a big thud; consumer demand is fading in the shadow of less expensive pork and poultry. Competing with those meats in the grocery store will be a big challenge for the beef industry this year. Most market watchers were looking for the beef cutout values to get much closer to $2 by now.

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Friday, January 11,2013

Playing offense

by Pete Crow - Publisher
I can feel it coming. That word sustainability is coming around again and from what I can see, it may be getting more political, driving food policy in the U.S. Last week, I stumbled upon an article from an Israeli university that was promoted by Israel’s green party.

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Friday, January 4,2013

Political procrastination

by Pete Crow - Publisher
are currently very nice premiums for feeder cattle and live cattle on the futures markets. August feeders are at $163.50 and the February live cattle contract is at $133.70, with April at $137.10. The futures markets are offering good hedges and producers ought to take a look at locking down CROW.

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Friday, December 28,2012

To the cliff

by Pete Crow - Publisher
The so called fiscal cliff is set to occur early this week and it doesn’t appear that our leaders in Washington, D.C., are too concerned about the issue. There was a little noise made last Thursday. But it’s becoming apparent that we’ll take that ride over the cliff and it is probably CROW.

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Friday, December 21,2012

A Christmas prayer

by Pete Crow - Publisher
We’re just about to close out another year and beef production is only 388 million pounds short of last year’s beef production numbers. Ironically, we did it processing 1.2 million fewer cattle passing through packing plants. Carcass weights were much larger than normal.

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Friday, December 14,2012

Cliff hanger

by Pete Crow - Publisher
The fiscal cliff is getting closer and closer and in my humble opinion, this government is going to run off the edge with smiles on their faces. This president isn’t concerned about raising more revenue as much as he is sticking high income earners with a knife.

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Friday, December 7,2012

Touring Washington

by Pete Crow - Publisher
While there is no shortage of water in the Columbia Basin, this country wouldn’t be much if it wasn’t for the massive irrigation projects associated with the Columbia River and the network of dams that service the area with hydroelectric power and water.

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Friday, November 23,2012

Out of cattle, out of feed

by Pete Crow - Publisher
It sure seems that the Environmental Protection Agency (EPA) has missed the entire point in granting the livestock and food industries a waiver regarding the government’s production mandates for ethanol outlined in the Renewable Fuels Standard’s legislation.

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