CattleFax Closing Bell: Wholesale beef prices expected lower

Growing losses in the feedlot sector will continue to weaken demand for eligible replacements as buyers reduce purchase prices. Also, firmer corn prices and steady-to-weaker live cattle fundamentals leave most breakeven prices well below current auction prices.

1. U.S. electricity prices grows 1.1% in 2013
2. Consider oats as a double crop after wheat
3. Jolley: What is to become of beef?
4. Ag markets moved generally higher Wednesday
5. U.S. coal prices steadily increase value
6. Angus breeders honored by the Beef Improvement Federation

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. 3,000 pounds of copper wire stolen from Oklahoma ranch
3. Changes in U.S.-Mexican cattle and beef trade
4. Crude oil expected to peak and cost of electricity to go down
5. Peterson Brothers: What summer vacation?
6. E. coli test leads to National Beef recall

1. COOL isn’t working
2. Feedyard margins a train wreck, packers cozy
3. Canadian CJD cases are “classical" form
4. Will Smith dethroned in latest Peterson Farm Bros. parody
5. New ads emphasize agriculture’s role in economic recovery
6. New tools emerging to measure soil health