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Markets

2015 May 22
The markets may well be on the precipice before the fall, or they could have some good times ahead. It’s anyone’s game at this point, and it all depends on the consumer at the meat counter. How much beef are they willing to buy for the traditionally best beef demand period of the year, and how much are they willing to pay for it?.


2015 May 22
As a result, the biggest and most immediate impact for consumers is in egg markets, especially in the north central part of the country. The reduced supply of table eggs as well as breaking eggs used in food service will impact consumers directly and indirectly.


by WLJ
2015 May 22
In the U.S., 10.5 cents of a typical dollar spent by consumers on domestically-produced food in 2013 represented value added by farm producers, up 8 percent from the previous two years. Products and services provided to farmers by agribusinesses, such as fertilizers and veterinary services, accounted for 2.


by WLJ
2015 May 15
If you are considering selling a farm or ranch, there are important tax and financial planning issues of which you need to be aware. Engaging in planning prior to a sale is critical for identifying these issues and for implementing strategies to effectively address them.


2015 May 15
Retail beef demand is teasing the market with thoughts that it might be improving. The futures— both live and feeder—responded in kind with rising cutout values. And if the minimal cash fed trade that developed by Thursday afternoon was any indication, so too did the cash market.


by WLJ
2015 May 15
Production estimates for this year were increased 58 million pounds to 24.34 billion pounds, mostly on increased carcass weights. This plus trade changes upped the estimates for per capita availability of beef by a half-pound to 54.6 pounds per person.


2015 May 8
Cash fed cattle trade developed slowly last week, though by Thursday afternoon prices paid for the slightly over 7,000 head that had been confirmed sold through the week were steady with the prior week. Live steers traded for $160, while dressed steers sold at $255.
2015 May 8
Unusual market conditions lead to unusual incentives that result in unusual market behavior. This makes markets unusually difficult to figure out. There is considerable variability in views across the industry about the current and coming fed cattle market for the remainder of 2015.
2015 May 1
You are at a feeder sale. A load of 400-pound calves sells for an average of $345 per hundredweight. Later in the day, a load of 700-pounders sells for an average of $225/cwt. What you’ve just seen is the market at work assigning relative value to the differing weights.


by WLJ
2015 May 1
“USDA’s monthly Cattle On Feed report was the same song and pretty much the same verse,” said Steve Meyer and Len Steiner of the CME Daily Livestock Report of the recent report. They summed up the performance as “Big feeder cattle, low placement numbers, even lower marketings and tight, tight inventories.


by WLJ
2015 May 1
In 2013, steers made up 50.1 percent of the total cattle processed. For 2014, that number is 51.8 percent. Heifer slaughter declined very slightly, from 28.6 percent in 2013 to 28.2 percent in 2014. Cow slaughter declined most notably—18.1 percent compared to 19.


by WLJ
2015 April 24
Despite these conditions, U.S. fresh fruit and vegetable price inflation is expected to be close to its historical average in 2015. USDA Economic Research Service predicts fresh fruit prices will increase 2.5-3.5 percent and fresh vegetable prices 2-3 percent.


by WLJ
2015 April 24
If farmers would have adopted the practice even without financial incentive, however, the practices are not “additional,” and the payments provide income for farmers without improving environmental quality.


by WLJ
2015 April 24
Beef exports add well beyond $300 to the value of each head of cattle annually, but without people like Dan Chase, Liz Wunderlich and Alberto Diaz, that number might not be so high. Wunderlich and Diaz each work in their own ways to build demand for U.


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