Feeder cattle review: Cattle market encounters hurdles
The tight-supply driven joy ride that cattle markets have enjoyed recently in the face of severe feed shortages and the struggling economy encountered hurdles in its path this past week.
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Cattle Outlook: Beef packers struggle with surplus capacity
The big news this week was Cargill’s announcement that they would close their Plainview, Texas cattle slaughter plant on February 1.
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Canada cattle report: Canadian cattle demand soft post-holiday
Post-holiday demand was soft again last week making cash cattle marketing a challenge. The Canfax average steer and heifer price closed the week at $116.50/cwt and $115.50/cwt respectively, down $1.00-1.50 from the previous week.
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New or expanding livestock operations need to assess water needs
Producers who plan to start or expand a livestock operation need to think about water before moving forward.
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BeefTalk: An evolving beef industry
The beef industry is evolving, and so are beef cattle. This is the time of year when producers buy bulls, and every bull that is turned out to cows contributes to the evolving beef industry.
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U.S. beef imports expected to grow on tightened domestic supplies
U.S. beef imports through November were 8 percent higher than a year ago, aided by increased supplies from Oceania.
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USDA updates supply and demand estimates
The January World Supply and Demand Estimates (WASDE) report from USDA includes what are essentially final production numbers for the current crop year. Last Friday’s report provided very little new information for the supply side of the corn market. Harvested acreage was revised down just enough to mostly offset an upward revision in yield. The final tally for 2012/13 corn: 97.2 million acres planted, 87.4 million acres harvested, 123.4 bushel national average yield resulting in total production of 10.78 billion bushels.
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Keeping livestock water open in the winter
It may seem obvious to provide clean and abundant water to your livestock, especially on hot days.
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Cattle market expert foresees decreasing beef production in 2013
The recent trend of decreasing beef production likely will continue in 2013 and 2014, said a cattle market expert at Iowa State University this week.
Two years of liquidation, brought about by dry weather conditions in key cattle producing states, have put the industry in an even tighter supply situation, said Lee Schulz, an ISU Extension and Outreach livestock specialist and assistant professor of economics.
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Feeder cattle review: Record fed cattle prices set to break
Feeder cattle marketing was brisk for the first full week of 2013 which annually posts the heaviest auction receipts of the entire year.
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Cattle Outlook: Feeder prices stronger at start of 2013
Beef carcass cutout values were mixed this week. On Friday morning, the choice boxed beef carcass cutout value was $194.22/cwt, down 60 cents from last Friday, but up $10 from a year ago.
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