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Greg Henderson

Feeding margins closer to the black, packer margins slip

05/22/2012 5:25:00 AM
A rally in cash cattle prices helped pull cattle feeding margins closer to breakeven, while beef packer margins declined. Cash hog prices also rallied, lifting pork producer margins into the black for the first time this month. ... Full story.

Packer-feedyard standoff continues, light trade at $123

05/21/2012 5:35:00 AM
Feedyards held firm to asking prices $3 to $5 higher than packer bids last week, and a bullish cattle on feed report supported ideas that a higher price trend ahead of Memorial Day is shaping up for beef. ... Full story.

Oil falls to lowest level since December

05/18/2012 5:40:00 AM
Economic uncertainty in Europe pushed oil prices and stocks lower on Thursday, but analysts continue to monitor negotiations with Iran. Economic sanctions against Iran are set to tighten by the end of June, and an oil price spike could result. ... Full story.

Commentary: Bittman thinks global warming is “What’s For Dinner”

05/17/2012 5:30:00 AM
A popular food writer and author repeats myths about livestock production in his column in The New York Times. But the myths are flawed, according to research by a UC Davis professor who believes eliminating livestock will only mean more hungry people. ... Full story.

Cattle feeding margins improve, packer margins slip

05/16/2012 5:45:00 AM
Steady cash fed cattle prices and lower breakevens on finished cattle helped feeding margins improve, but losses remain on most cattle. Packers saw their margins decline, but remain in the black. Pork producer margins declined for the week. ... Full story.

Standoff in cash cattle as beef prices slip, feeders higher

05/14/2012 5:45:00 AM
Packers and feeders were locked in a standoff most of last week with a few cattle trading late Friday. Stocker and feeder cattle found higher bids while cash corn moved 7 cents per bushel lower. Boxed beef prices slipped from recent highs. ... Full story.

Declining crude oil prices benefit beef market

05/10/2012 5:40:00 AM
Crude oil prices fell for the sixth consecutive day on Wednesday, leaving consumers with more flexibility in their weekly budgets for beef and other proteins. Boxed beef prices are up $0.84 from Friday's close. ... Full story.

Update: A meat eater wins The NY Times contest

05/09/2012 4:54:16 PM
The New York Times essay contest draws heat from both sides of the ethical argument about eating meat. Coverage of the contest included an interview with the author of Drovers/CattleNetwork's commentary, "Why The NY Times essay contest is phony." ... Full story.

Beef packer margins improve, feeding margins ugly

05/08/2012 5:30:00 AM
Improving boxed beef prices helped beef packer margins gain ground last week, but cattle feeding margins made only minimal gains on slightly higher cash prices. Softer cash hog prices pushed producer margins into the red. ... Full story.

Cash fed cattle $2 higher, boxed beef steady, margins improve

05/07/2012 5:40:00 AM
Cattle feeding margins and packer margins both saw improvement last week, but feedyards continue losing money. Stocker and feeder cattle found uneven to lower prices on the week as a decline in the quality of offerings was noted. ... Full story.

La Nina is finished, National Weather Service says

05/04/2012 5:40:00 AM
The National Weather Service announced Thursday that the two-year La Nina weather phenomenon is over. Climatologists believe that could be good news for drought areas of the South and hurricane areas along the coasts. ... Full story.

Commentary: Searching for beef’s next toe-stubber

05/03/2012 5:30:00 AM
The facts and the law suggest we’re producing the safest beef in the world. Still, LFTB and BSE have tarnished the industry’s image in recent weeks. What’s next? ... Full story.
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