Category: cattle markets
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Brilliant
I find stories like this one so blatantly obvious that I lack the ability to respond to them.<br />n<br />n<a href="http://www.elkodaily.com/articles/2007/12/27/news/local_news/news1.txt">Ethanol, cattle prices linked by corn</a><br />n<br />n<blockquote>As the price of corn rises – largely due to increased ethanol production – the price of feeder cattle falls, said Ron Torell, Cooperative Extension livestock specialist.<br />n<br…
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Rules
I didn't comment on the <acronym title="United States Department of Agriculture, Bought and Paid for by The Big Meat Packers">USDA</acronym>'s OTM rule yesterday allowing older Canadian Cattle to be imported into the US. It's one of those situations that I have mixed feelings about.<br />n<br />nThe people opposed to the OTM rule say that they…
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Still Talking
The US and South Korea are still talking about beef.<br />n<br />n<a href="http://ap.google.com/article/ALeqM5gliEd1Bi_qB68ysYSDK2b_vze2ygD8S6SPM80">South Korea, US Open Beef Trade Talks</a><br />n<br />n<blockquote>South Korea and the United States opened beef trade talks Thursday on Washington's demand for greater access to the Asian nation, which is maintaining stringent quarantine regulations citing concerns over mad cow disease.<br />n<br />nThe…
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Strong Statement
<a href="http://www.billingsgazette.net/articles/2007/10/04/news/state/39-beef.txt">It appears</a> that the Bush Administration is taking to heart the noise from Congress about no Free Trade Agreement with South Korea until beef trade is normalized.<br />n<br />n<blockquote>Rep. Denny Rehberg, R-Mont., said Wednesday that U.S. Trade Representative Susan Schwab has assured him that the Bush administration will not push a free-trade agreement with…
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Meltdown
The Australian cattle industry <a href="http://www.kticam.com/news/agricultural/efc2dd23-29b8-4d38-8ebe-20378233c818">appears to be in meltdown</a> because of drought and grain prices down under.<br />n<br />n<blockquote>Record high grain prices have thrown Australia's A$4 billion ($3.5 billion) beef cattle industry into disarray, emptying feedlots, cutting cattle saleyard prices and triggering price rises for domestic and exported beef. <br />nThe world's biggest beef…
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Surge
For all the trouble I hear about getting beef into the South Korean market, it appears US beef <a href="http://www.koreatimes.co.kr/www/news/nation/2007/09/123_10824.html">has increased 10 times</a> in the last couple of months so progress is being made. Then check this out.<br />n<br />n<blockquote>With the country set to discuss new standards for the beef imports with the United States…
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Border Ruling
I know I am a little behind on this one but life sometimes gets in the way of things. The <acronym title="United States Department of Agriculture, Bought and Paid for by The Big Meat Packers">USDA</acronym> <a href="http://www.usda.gov/wps/portal/!ut/p/_s.7_0_A/7_0_1OB?contentidonly=true&contentid=2007/09/0247.xml">has approved</a> the import of Canadian cattle over 30 months of age into the US. This is, to say…
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Outlooks
Beef herd expansion in the US <a href="http://www.cattlenetwork.com/content.asp?contentid=154808">is still on hold</a> so the outlook for beef prices holding up is good. That's good news to me the producer, we won't talk about you the consumers. The funny thing is that weather is still the driving force here just like it is on fires recently. Everybody…
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US Beef Makes Strides
<a href="http://www.chinapost.com.tw/headlines/47189.htm" >Major Japanese supermarket chain puts US beef back on its shelves</a><br />n<br />n<blockquote>Major Japanese supermarket chain Ito-Yokado Co. brought American beef back to its shelves Friday, about 3 1/2 years after sales were halted in the wake of the first U.S. case of mad cow disease, a parent company spokesman said.<br />n<br />nU.S.…
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Moving Markets
You might remember from the pictures, that I had some cows and bulls on the market on Wednesday. I heard the market report the other day for Wednesday and heard that cows and bulls were up 2-4 dollars on that day in Billings. I thought that I was real lucky to hit the market on…