Category: markets
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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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What’s 2008 Look Like
Here are some predictions of what 2008 will look like for cattle producers.<br />n<br />n<a href="http://www.cattlenetwork.com/content.asp?contentid=187023">In The Cattle Markets: Top Ten List For 2008</a><br />n<br />n<blockquote>10. Slow growth in beef cow herd.<br />n9. Adaption to <acronym title="Country of Origin Labeling">COOL</acronym>.<br />n8. Trade Growth.<br />n7. Debate on Packer Ownership Bans. <br />n6. Growing Pork Production.<br />n5.…
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Loonie
The Canadian cattlemen have really been getting beat on in the last few years. I really feel for them. First there was the case of <acronym title="Bovine Spongiform Encephalopathy">BSE</acronym> which closed the border into the US where a large portion of their beef goes and really sent the market into a nose dive. A lot…
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So True
Some times things are going on that I have no way of relating to people who aren't in the agricultural business. <a href="http://www.billingsgazette.net/articles/2007/10/14/news/business/20-costs.txt">This story about rising prices for agricultural producers</a> is one of those things. It very clearly explains how rising production costs are really eating into any money we might be able to make…
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Progress
It looks like the beef industry might be making progress in Japan. The Japanese government might be thinking about <a href="http://search.japantimes.co.jp/cgi-bin/nn20070805a3.html">upping the age limit for imported beef</a> from 20 month to the more generally accepted 30 month age limit. There is still one little hurdle to go through, the Food Safety Commission, and there is…
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Stopped Yet Again
<a href="http://hosted.ap.org/dynamic/stories/S/SKOREA_US_BEEF?SITE=MTBIL&SECTION=BUSINESS&TEMPLATE=DEFAULT" >South Korea suspends US beef imports</a><br />n<br />n<blockquote>South Korea has effectively suspended U.S. beef imports over mad cow concerns after a recent shipment was found to have contained banned parts, a news report said Thursday.</blockquote><br />n<br />nThat's about all the information that's in the story. I wish the meat packers would pay a…
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Cheap And Tasty
It appears that the South Korean government is a little out of touch with its people when it comes to US Beef. The Government has been fighting to keep US Beef out for a long time now but the door is finally cracked open and what has happened? The stores <a href="http://english.chosun.com/w21data/html/news/200707/200707160009.html">sold out of the…
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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…
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Drought
Every year it seems like I read about drought somewhere in the US having to sell cows because of the drought in their area. This year I see that in California they are having drought troubles and <a href="http://www.cfbf.com/agalert/AgAlertStory.cfm?ID=841&ck=02A32AD2669E6FE298E607FE7CC0E1A0">having to sell cows</a> to try to adjust for the drought problems. <br />n<br />nAnother area having…