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Animal Health Center

Effective treatment of Bovine Respiratory Disease Complex essential for profit

When considering profit, it is much easier for producers to sell calves that have always been healthy rather than those treated for disease, reported Washington State University Extension. While it is important to work to prevent disease, when it is necessary to treat it is most important to be effective in minimizing the impacts of Bovine Respiratory Disease Complex (BRD) in the cow/calf herd.

Markets

Feeder Cattle Review: Yearling feeder cattle trading higher

Compared to last week, yearling feeder cattle traded firm to 5.00 higher with instances 6.00-8.00 higher. Direct sales were very active this week and posted the full advance on feeder cattle. Steer and heifer calves sold mostly steady to 5.00 higher. Buyers flexed their muscle in pursuing all classes of feeder cattle this week.

Markets

Cattle Outlook: Retail beef prices at record high for third month

Retail beef prices were record high for the third consecutive month during February. The price of fresh beef in grocery stores averaged $6.028 per pound. That was 4.1 cents higher than the month before and 75.7 cents higher than in February 2014. Choice beef at retail averaged $6.27 per pound.

Industry

National Farmers Union officials meet with Pope

Five Farmers Union state presidents and National Farmers Union’s (NFU) chief counsel were granted an audience with Pope Francis following a weeklong series of meetings with Vatican officials and rural-based non-governmental organizations. Discussions surrounded the important role family farmers play in food security and the fact that most of the food produced in the U.S. is produced by family farmers

Markets

Ag markets generally diverged Friday

Corn traders may have squared positions before the weekend. After exhibiting considerable strength over the previous week, corn futures declined Thursday and continued sliding today. There was little fresh news, and the financial markets essentially stalled. Thus, today’s corn slippage probably resulted traders and funds squaring positions before the weekend and next Tuesday’s important USDA reports. May corn futures slipped 0.25 cent to $3.91/bushel at Friday’s CBOT settlement, while December stalled at $4.1475.

Industry

ADT update

The federal Animal Disease Traceability (ADT) program is up and running, but challenges including inconsistencies in state requirements and mixed messages regarding program goals continue to slow progress toward true traceability.

Markets

Natural gas prices hold steady

Outside of New England, prices at most locations remain flat with warmer temperatures. Natural gas prices at most trading locations remained at or near their report week start point, Wednesday to Wednesday, as seasonal temperatures held through the week. With the exception of New England, most locations stayed within 10¢ of their price last Wednesday through the report week. The Henry Hub spot price last Wednesday was $2.77/MMBtu and gained 5¢ through Friday, before dropping to end the week at $2.74/MMBtu.

Ag Policy

R-CALF USA: Do not weaken COOL

In written testimony submitted for yesterday’s hearing on meat labeling requirements held by the U.S. House Agriculture subcommittee on Livestock and Foreign Agriculture, R-CALF USA urged subcommittee members to take no action that would in any way undermine the U.S. country of origin labeling (COOL) law.

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