Category: Cattle Buisness
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Trade Problems
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Tipping Over
Two different stories caught my eye about drought and cattle dying.<br />n<br />n<a href="http://beefmagazine.com/natural-disaster/0119-texas-drought-worsens/">Texas drought worsens, cattle dying</a><br />n<br />n<blockquote>Drought conditions in Texas are so bad cattle are keeling over in parched pastures and dying.<br />n<br />nDrought conditions worsened significantly in the past week, according to the U.S. Drought Monitor map released Thursday. Seventy-one percent…
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Another Round For The Wolves
<a href="http://www.billingsgazette.net/articles/2009/01/15/news/state/21-delist.txt">Wolf to go off list in Montana, not Wyoming</a><br />n<br />n<blockquote>Gray wolves in the western Great Lakes and Northern Rockies will be removed from the federal endangered-species list by late February under a plan announced Wednesday by the Bush administration.<br />n<br />nLeft out of the plan were wolves in Wyoming, where state officials sought…
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Prices Tumble
I have noted that the price of calves has taken quite a tumble in the past couple of weeks and I wasn't sure why. Now I see why. The financial crisis is causing more troubles.<br />n<br />n<a href="http://www.reuters.com/article/reutersEdge/idUSTRE4906MH20081001?pageNumber=1&virtualBrandChannel=0">Cattle ranchers feel pinch of credit crunch</a><br />n<br />n<blockquote>CHICAGO (Reuters) – Tight credit and high wheat prices are…
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Natural or Organic
I've had quite a few people here on the net tell me the way I should be going to make money is to raise natural beef or organic beef. I always say I have looked into the issue and don't see how I would make any money that way. In fact, I see that I…
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Surprise
Did you know that as corn prices go up, feedlots don't buy as many calves? Duh, no shit.<br />n<br />n<a href="http://www.tulsaworld.com/business/article.aspx?articleID=20080420_5_E2_spanc32863">Record corn prices affect calf purchases</a><br />n<br />n<blockquote>U.S. feedlots slashed purchases of young cattle 11 percent last month, more than expected, as costs for corn-based feed surged and losses widened.<br />n<br />nFeedlots bought 1.736 million…
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Trade News
<a href="http://www.reuters.com/article/topNews/idUSSEO27686720080418?feedType=RSS&feedName=topNews">South Korea relaxes U.S. beef import rules</a><br />n<br />nThis news has been trumpeted all over the agricultural sites. South Korea will accept US Beef again and its great. I'm going to throw a little cold water on this news though. I don't beleive it will happen. Check this out.<br />n<br />n<blockquote>South Korea on Friday…
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Talking Tough
I see Condoleezza Rice is talking tough to South Korea about <a href="http://www.forbes.com/markets/feeds/afx/2008/03/26/afx4819089.html">beef trade</a>.<br />n<br />n<blockquote> 'The United States believes that our beef is safe and that the markets ought to be open to it all around the world,' Rice told reporters with her South Korean counterpart Yu Myung-Hwan at her side after extensive talks…
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Consolidation
<a href="http://online.wsj.com/article/SB120603479112452259.html?mod=googlenews_wsj">Wyoming Cattlemen Worry About Meatpacking Mergers</a><br />n<br />n<blockquote>Wyoming cattlemen concerned about consolidation in the meatpacking industry said they are worried by a Brazilian company's bid to buy out two rivals and become the largest meatpacker in the U.S.<br />n<br />nMeanwhile, U.S. Sens. Mike Enzi (R., Wyo.) and John Barrasso (R., Wyo.) have asked U.S.…
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On The Rise
<a href="http://www.cattlenetwork.com/content.asp?contentid=204261">Korea: Beef Consumption Projected To Increase</a><br />n<br />n<blockquote>Beef consumption is projected to continue to increase in 2008 as it did in 2007 due to higher domestic production. Prices dropped slightly in 2007 due to the availability of U.S. beef from May to October and this contributed to an increase in consumption of beef from…