Greg Henderson
Election 2012 – the $2 billion campaign
Advertising spending on the presidential campaign has reached record levels this year with per voter spending more than double what it was during the 2000 election. Total spending for Obama and Romney in Ohio exceeded $191 million.
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Central Plains need water – feeder cattle and calves trend lower
Hurricane Sandy hurt beef sales in the Northeast, but the lack of moisture in the Central Plains was the dominant factor pulling feeder cattle and calf prices lower last week. The historic drought enters its sixth month plaguing ranchers in the nation’s Heartland.
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Gas lines in the Northeast, but fuel prices are declining
Hurricane Sandy’s aftermath included long lines at gasoline stations in New Jersey and New York – at least at stations that had power to pump gas. Meanwhile, the rest of the country found plenty of gasoline and diesel at falling prices as seasonal demand declines.
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Coyote hunting contest draws fire in New Mexico
Despite a brewing controversy generated by a coyote hunting contest, the gun store owner sponsoring the event says it will go on as planned. An online petition against the event has drawn thousands of comments and even death threats against the event's organizers.
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November: peak season for vehicle-deer collisions
The incidence of vehicle-deer collisions is on the increase nation-wide, and November is the peak season. State Farm Insurance has calculated the states with the highest risk for drivers. Where does your state rank?
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Cattle feeding margins erode despite steady bids
Cash fed cattle traded mostly steady last week but higher input costs increased the per head losses on average closeouts. Packers margins gained slightly, but heavy losses remain. Negotiated hog prices saw modest gains and producer margins are near break even.
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Yearling supplies tighten further, prices $2 higher
Shrinking supplies of feeder cattle continue to fuel a bullish trend, but high feed costs and the lack of a corresponding fed cattle market rally will work to hold feeder cattle prices in line with realistic expectations.
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FAO reports progress on livestock genetic diversity
The UN's Food and Agriculture Organization (FAO) says indigenous livestock breeds are critical to helping feed the world's poor, and the rate of extinction of those breeds has been called alarming. However, the FAO reports progress on the global efforts to stop the decline of genetic diversity.
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Packer margins improve modestly on higher boxed beef
A $4 advance in beef cutout values helped boost packer margins by $13 per head, but losses remain near $50 per head. Cattle feeders saw their margins improve minimally. Negotiated hog prices gained nearly $2, bringing pork producer margins near break even.
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Feeder cattle rally on limited supply, feds $2 to $3 higher
Yearling feeder cattle traded $3 higher as numbers continue to dwindle. Calf markets remain volatile, but backgrounders with available feed supplies are aggressive on steer calves. Boxed beef prices led a rally that spilled over into the live cattle trade.
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Gasoline prices raise consumer inflation 0.6 percent in September
The rising cost of gasoline pushes consumer prices higher and threatens consumer spending power. Gasoline prices jumped 7 percent during September after a 9 percent increase in August. Consumer prices have risen 2 percent over the past year.
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- Tyson sends disaster-assistance truck to Oklahoma
- Ongoing wave of Calif. metal theft prompts further legislation
- University workshops address workforce management issues
- Producers should examine pastures for post-tornado debris
- Ag markets posted a general advance mid-day Wednesday
- Former Eastern Livestock CEO, CFO sentenced for federal crimes
- Michigan hay buyers should plan purchases early
- Post-tornado composting a solution for disposal of dead livestock
- New animal identification rules aid disease traceability
- Seven jobs more dangerous than farming
- Drought losses in Oklahoma top $400 million for 2012
- Survey reveals most Americans in favor of COOL
