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by WLJ
2014 October 17
Plummeting gasoline prices are the result of lagging economic growth in many parts of the world, the end of the summer driving season, less expensive winter gasoline and well-functioning Midwest refineries, Purdue University Energy Economist Wally Tyner says.
2014 October 13
With the recession diminishing in the memories of the country, and people dissatisfied with waiting any longer to invest, the land market in the intermountain region has decidedly picked up. There is optimism and buyer interest with some looking to invest and others looking to expand.
2014 October 13
The second week of October looked an awful lot like the first week in terms of the cattle markets. Cash was slow to start with expectations putting it at higher money, futures continued upwards, feeders sold for more money, and the beef complex gained some ground while still leaving packers in the red.
2014 October 6
Packers missed the boat last week for buying cattle cheaper. After an explosive rally that began the prior Friday, the relatively aggressive gains of the near-term futures contracts left behind any hope that packers might have allayed their significant losses on the procurement side.
by WLJ
2014 October 3
If you choose personal use, one option Johnson said is to start or increase the family’s emergency savings. “When making this decision, ask yourself, ‘Do I have enough money set aside in case of an emergency and I can’t work?’ Having enough money for three to six months of household fixed expenses is always a smart idea,” she said.
2014 September 29
Everything was slow or a bit low last week. Next to no cash trade had occurred by Thursday—3,380 head were confirmed sold for the week at that point at $153 live and $242 dressed—and the cutout was sharply lower as packers struggled with negative margins and slack demand.
2014 September 22
Cash fed trade was slow to develop last week as packers were trying to mitigate recently very red margins and everyone was collectively holding their breath for the Friday release of the Cattle on Feed report. Even by Thursday, bids were limited to $155-156 live in the Southern Plains and $242-244 dressed in the Corn Belt.
2014 September 15
The cash fed trade last week was slow, but this was not surprising. Analysts expected packers to hold off buying cattle until the release of the World Agricultural Supply and Demand Estimates (WAS- DE) on Thursday, and that seemed to work out for them, though not because of WASDE.
by WLJ
2014 September 12
U.S. red meat exports slowed in July, the first time this year that year-over-year export volumes were lower for both beef and pork. But 2014 exports remain on a strong pace, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
2014 September 8
Very light trade developed Wednesday at $158-160 live in Minnesota and $250 dressed in Nebraska and Iowa, but at levels too low to set the week’s trend. Still, the early trade at $3-5 higher live and $5-8 higher dressed caught the market’s attention. Live futures closed strong on Wednesday and followed suit on Thursday.
2014 September 1
“However, I believe we get past Labor Day and further into the month of September and the market will be dealing with increased supplies of competing proteins and heavier carcass weights. This likely resumes the recent downtrend in cash cattle prices from the historic highs posted earlier [in August].
by WLJ
2014 August 29
“One operation we tracked had heifers weaned in 2010 and 2011, what those heifers were and what their accumulated expenses were over the two years to the point where they were heavy bred. Their expenses totaled $1,100-1,400 a head. That ranch was pretty efficient and did a good job of reducing their expenses.
2014 August 29
The Aug. 1/July Cattle on Feed report was released Friday, Aug. 22. While everything was predicted down— and everything was down— things weren’t as down as analysts expected. The report has been called mixed neutral to bearish, particularly for record low placements that still disappointed expectations, and for the lagging marketing rate.
by WLJ
2014 August 29
Since the early 1970s, the Livestock Marketing Information Center (LMIC) has estimated cow/calf returns over cash costs plus pasture rent based on typical production and marketing practices in the Southern Plains, but does not include other economic costs like family labor and management.
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