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American Farm Bureau appeals flawed privacy decision

The Environmental Protection Agency’s public release to environmental groups of personal details about the home locations and contact information of tens of thousands of farm and ranch families was unlawful. A lower court ruling that upheld the EPA action failed to address key privacy issues and should be reversed, according to court documents filed today by the American Farm Bureau Federation.

USDA Market Reports

Feedlot inventories up slightly

So far this year, the number of cattle and calves on feed in the United States has run very close to that of a year ago, and the April Cattle on Feed report from USDA shows the trend continuing. As of April 1, cattle in feedlots with capacity for 1,000 head or more totaled 10.8 million head, up by less than 1 percent from a year earlier.

Markets

Feeder Cattle Review: Farmer-feeders have moved to planting season

Compared to last week, yearling feeder cattle sold mostly 5.00-8.00 lower with instances 10.00 lower with the most declines on those weighing over 800 lbs. Steer and heifer calves traded unevenly steady to mostly 5.00 lower, with unweaned and fleshy calves trading 10.00-15.00 lower.

USDA Market Reports

Nebraska Cattle on feed up 2 percent

Nebraska feedlots, with capacities of 1,000 or more head, contained 2.53 million cattle on feed on April 1, according to the USDA’s National Agricultural Statistics Service. This inventory was up 2 percent from last year.

Markets

Cattle Outlook: Beef in cold storage up 18.2 percent from last year

The April Cattle on Feed report said placements into large feedlots during March were up 0.4% and marketings were down 1.7% compared to March 2014. That yields an on feed number April 1 equal to 100.0% of a year ago. Placements were larger than the trade forecast.

USDA's latest Cold Storage report says there were 480 million pounds of beef in cold storage at the end of March. That is 18.2% more than a year ago, but 2.4% less than the month before. Overall, this is good news as beef stocks usually increase during March.

USDA Market Reports

Kansas Cattle on feed up 1 percent

Kansas feedlots, with capacities of 1,000 or more head, contained 2.11 million cattle on feed on April 1, according to the USDA’s National Agricultural Statistics Service. This inventory was up 1 percent from last year.

Markets

Crop markets tumble Friday at close

Corn continued its recent slide Friday. Although Thursday’s weekly USDA Export Sales report looked bullish for corn, CBOT prices continued their recent decline into the weekend. Talk of rapid spring planting and lower demand resulting from the ongoing ‘bird flu’ outbreak clearly depressed prices. Early Friday news of a big corn sale and recent U.S. dollar losses did little to boost the market. May corn futures sank 6.25 cents to $3.645/bushel at Friday’s close, while December lost 6.25 to $3.8825.

Ag Policy

Trade Promotion Authority bill advancing in Congress

A bill many deem necessary to finalizing the two major trade agreements passed significant hurdles in Washington this week. The Trade Priorities and Accountability Act that would renew Trade Promotion Authority received the stamp of approval by the Senate Finance Committee and the House Ways and Means Committee.

USDA Market Reports

United States cattle on feed up slightly

Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.8 million head on April 1, 2015. The inventory was slightly above April 1, 2014. The inventory included 7.46 million steers and steer calves, up 5 percent from the previous year. This group accounted for 69 percent of the total inventory. Heifers and heifer calves accounted for 3.34 million head, down 10 percent from 2014.

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