Thoughts From The Middle of Nowhere

Category: markets

  • Rumbles

    <a href="http://www.ilfb.org/viewdocument.asp?did=12746&r=0.6349451" >Japanese restaurants want more U.S. beef</a><br />n<br />n<blockquote>Japanese restaurants are feeling a serious supply crunch, according to reports from the Associated Press. The restaurants are set to urge the government to ease restriction on U.S. beef imports, officials said Tuesday.<br />n<br />nAlthough Tokyo eased a 2 � year blanket ban on U.S. beef…

  • Expensive Burger

    I occasionally read stories about expensive hamburgers and they astound me. Here's another one.<br />n<br />n<a href="http://www.smh.com.au/news/World/Jakarta-hotel-puts-110-burger-on-menu/2006/12/19/1166290520313.html" >Jakarta hotel puts $110 burger on menu</a><br />n<br />n<blockquote>A hotel in Indonesia is dishing out a hamburger that costs more than twice the monthly minimum wage in some parts of the country.<br />n<br />nThe $US110 ($A141.27) hamburger offered…

  • Resonable Thoughts

    I've been trying to get a handle on what is going to happen to cattle prices with the Ethanol boom driving corn prices so high. Part of <a href="http://www.billingsgazette.net/articles/2006/12/14/news/local/30-stockgrowers.txt">this story</a> finally clued me in to the best explanation I've seen.<br />n<br />n<blockquote>What might be really ridiculous is corn going to $4 a bushel.<br />n<br />nMichael…

  • South Korea Acts Up Again

    You might remember my rant about <a href="http://nowherethoughts.net/sarpysam/archives/2252-South-Koreas-Trade-Barrier.html">South Korea's unofficial, official</a> trade barrier to US Beef. Well I see South Korea has again threw up it's unofficial, official trade barrier for the world to see.<br />n<br />n<a href="http://www.iht.com/articles/ap/2006/12/06/asia/AS_GEN_SKorea_US_Beef.php" >South Korea says banned bone pieces found in third U.S. beef shipment</a><br />n<br />n<blockquote>South Korea said Wednesday…

  • Baucus Stands Up

    A little more information on my rant yesterday about <a href="http://nowherethoughts.net/sarpysam/archives/2252-South-Koreas-Trade-Barrier.html">South Korea's unofficial, official</a> trade barrier to US beef.<br />n<br />n<a href="http://www.billingsgazette.net/articles/2006/12/04/news/state/50-baucus.txt" >Baucus sets condition to support pact</a><br />n<br />n<blockquote>The next chairman of the Senate Finance Committee sliced into a T-bone steak here Sunday and said he cannot support a free-trade agreement between the United…

  • South Korea’s Trade Barrier

    I posted a while ago that South Korea had <a href="http://nowherethoughts.net/sarpysam/archives/2036-Good-News.html">opened up its market to US beef</a> and how the news made me happy. It turns out I was wrong. While <strong>technically</strong> opening its market to US beef, South Korea has has rejected almost every shipment of beef into its country for one reason or…

  • South Korea News

    <a href="http://times.hankooki.com/lpage/200611/kt2006111317205953460.htm" > Korea Softens Standard for US Beef</a><br />n<br />n<blockquote>South Korea is considering allowing in U.S. beef with bones, a move that will result in its easier access to Korean markets.<br />n<br />nAccording to officials at the Ministry of Agriculture and Forestry on Monday, it would not be a concession because the two sides…

  • Down Under

    Just a few different items from Australia that have caught my eye.<br />n<br />n<a href="http://www.theaustralian.news.com.au/story/0,20867,20596614-1702,00.html" >Drought hitting livestock prices</a><br />n<br />n<blockquote>LIVESTOCK prices across NSW are in freefall, with farmers selling off record numbers of sheep and cattle as the drought worsens.<br />n<br />nMeat processors say they cannot take any more livestock, and producers say they…

  • Very Late

    I have heard the saying, "better late than never," but this one is beyond late.<br />n<br />n<a href="http://www.livestockroundup.com/articles/2006/10/13/news/farm_and_ranch_guide/ag_news/livestock_news/live10.txt" >Make plans for fall calf marketing</a><br />n<br />n<blockquote>Thursday, October 12, 2006 8:57 AM PDT<br />n <br />n<br />nLivestock Marketing Economist<br />n<br />nCow-calf producers should start making plans for marketing calves, even though the actual sales date may…

  • Problem and Solution

    <a href="http://www.brownfieldnetwork.com/gestalt/go.cfm?objectid=386C934F-B382-DA28-DD56F93DBC83B284" >Beef packers cut slaughter</a><br />n<br />n<blockquote>Three of the nations largest beef packers have announced reductions in their slaughter operations because of red ink and lower demand for beef.<br />n<br />nDTN is reporting that Tyson Food Inc. announced it will reduce cattle slaughter by about 12,000 head a week over the next six weeks…