Markets

U.S. beef export net sales up 18 percent from last week

Net sales of 14,100 MT for 2014 were up 18 percent from the previous week and 5 percent from the prior 4-week average. Increases were reported for Canada (3,500 MT), South Korea (3,000 MT), Japan (2,500 MT), Hong Kong (2,000 MT), and Mexico (1,200 MT). FULL STORY »

Livestock markets continue attracting bulls

Today’s export data is apparently affecting the crop markets. It would be easy to assume the rainfall now pounding parts of the Midwest would boost corn and soy prices since it could slow the harvest and reduce quality. FULL STORY »

Clenbuterol continues to be an issue in central Mexico's beef

Clenbuterol, a growth enhancer used for cattle, has been banned in Mexico for fourteen years, but some Mexican cattle producers haven't been able to discontinue its use, especially near Mexico City. FULL STORY »

Tax planning for high income

For the past 5 years I’ve been writing articles for crop farmers on how to manage the unprecedented amount of income flowing through their operations and now it is the turn of the livestock producer to worry about what to do with all the extra income. FULL STORY »

Linking agricultural land to use values and amenities

Given the recent decline in commodity prices and expectations of lower farm income levels, there is a growing concern that current conditions signal an eminent decline in agricultural land values. FULL STORY »

CME live cattle futures up with higher beef prices

Chicago Mercantile Exchange live cattle futures rose for a fourth straight day on Thursday, led by strong wholesale beef prices that backed calls for steady to better cash prices this week, traders said. FULL STORY »

Drought harms Texas cattle industry

Texas' total cattle inventory is down, despite the fact that the state has received more rain this year than it has in the past few years. FULL STORY »

Texas to Mexico Daily Livestock Exports

AL_LS600 Las Cruces, NM Thu Oct 9, 2014 USDA Market News Texas to Mexico Daily Livestock Exports FULL STORY »

California to Mexico Livestock Exports

AL_LS615 Las Cruces, NM Thu Oct 9, 2014 USDA Market News California to Mexico Livestock Exports FULL STORY »

5 Area Daily Wtd Avg Direct Slaughter Cattle - Negotiated

LM_CT100 St Joseph, MO Thu Oct 9, 2014 USDA Market News Service 5 AREA DAILY WEIGHTED AVERAGE DIRECT SLAUGHTER CATTLE - NEGOTIATED Texas/Oklahoma/New Mexico; Kansas; Nebraska; Colorado; Iowa/Minnesota feedlots (Includes all transactions regardless of delivery day) Recap for: Wednesday, 10 FULL STORY »

Heating oil, propane expenditures projected lower than last year

Autumn arrived in the Midwest and the Mid-Atlantic states last week as temperatures turned noticeably colder and snow fell across Wisconsin and Minnesota. FULL STORY »

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