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Daily News and Market Updates
Daily Market Update

FEEDER CATTLE MARKET UPDATE

In Oklahoma City, OK, on a big run of cattle this week, feeder steers sold steady to $3 lower. Feeder heifers were called $1-2 lower. Steer and heifer calves sold $2-4 lower on moderate demand.

 

 
 
 
Daily News

RANGE FIRE PROMPTS IDAHO WILD HORSE GATHER

In response to a major rangelands fire, the Bureau of Land Management (BLM) initiated an emergency gather of the Idaho Saylor Creek horse management area (HMA) Aug. 31 in a bid to temporarily relocate horses due to lack of available forage.

 

 
 
 
Daily News

NCBA QUESTIONS R-CALF AFFILIATION WITH EXTREMIST ANIMAL RIGHTS GROUPS

Representatives of the National Cattlemen’s Beef Association (NCBA) question the affiliation of R-CALF with the animal rights and environmental activist group Food and Water Watch. According to separate news releases issued by the two groups, R-CALF and Food and Water Watch are joining forces on the campaign to support USDA’s Grain Inspection, Packers and Stockyard Administration’s (GIPSA) proposed rule on livestock marketing.

 

 
 
 
Daily News

PARTICIPANTS CROWD CSU FOR COMPETITION WORKSHOP

The joint USDA/Department of Justice workshop on competition in the agricultural markets drew an estimated 1,300 people to Fort Collins, CO, on Friday. Agriculture Secretary Tom Vilsack and U.S. Attorney General Eric Holder heard testimony from agricultural producers and other industry representatives about how concentration in the industry is affecting the markets.

 

 
 
 
Daily Market Update

DAILY FED CATTLE MARKET UPDATE

Fed cattle trade on Thursday was inactive in the Southern Plains and Colorado. Not enough sales for a market trend, Tuesday was the last reported market in these regions. In the Texas Panhandle live sales sold at $99.50.

 

 
 
 
 
 
News from the current issue of WLJ
Comments

Where’s the growth?

It has been a topic of conversation among cattle producers and industry analysts a lot this year. Everyone wonders when the cattle cycle will turn. When will producers begin to grow their herds? When will inventory numbers begin to rise? The answers aren’t clear, but what is clear is that

 

 
 
 
Comments

Mexico increases pressure over trucking dispute

Mexico recently stepped up the pressure on the U.S. to resolve the dispute over allowing trucking companies to send trucks into the U.S. to deliver goods from south of the border. Under the 1994 North American Free Trade Agreement (NAFTA) the U.S. was required to allow Mexican trucks access to

 

 
 
 
News

El Paso pressured to make WWP agreement public

One month into what is arguably the widest reaching public lands ranching crisis in recent memory, efforts are ongoing to achieve a satisfactory outcome following El Paso Corporations's agreement to give a total of $22 million dollars to support the Western Watersheds

 

 
 
 
News

Placements fall 6 percent during July

The USDA’s National Agricultural Statistics Service (NASS) reported cattle on feed numbers as of August 1, 2010 rose 2.4 percent from last year as cattle feeders backed off from placements during July due to tight overall supplies of feeder cattle numbers. The number of cattle on feed in U.S.

 

 
 
 
Markets

Prices trade steady to lower after prior week’s big jump

Fed cattle traded early last week with the market mostly 50 cents to $1 lower in all feeding areas. Last Tuesday in the southern Plains, live cattle traded at mostly $99.50 with dressed sales in Kansas reported at $157. In the North, early fed cattle trade came at $155 dressed, steady with the

 

 
 
 
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