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2014 December 12
All was quiet on the agricultural supply front last week. The most recent World Agricultural Supply and Demand Estimates report showed very little movement in grains, and minimal activity in meats relative to past reports, though beef led the total meat production estimates downward while pork led the meat import numbers upward.
by WLJ
2014 December 12
October beef exports were up 2 percent from a year ago to 109,858 metric tons (mt), while export value was a record-high $687.1 million— up 22 percent from a year ago. Muscle cut volume was down 2 percent to 76,472 mt, but still increased 19 percent in value to $596.
2014 December 8
At its 166th conference, the Organization of Petroleum Exporting Countries (OPEC) decided to maintain its production level of 30 million barrels of oil a day. The announcement sent the already declining crude oil prices into a momentary tailspin. Cattle producers and beef consumers may benefit, however.


by WLJ
2014 December 5
Many years of cattle herd liquidation, due to drought and other factors, have left the beef industry with such low cattle inventories that severe reductions in beef production are inevitable. Beef production in 2014 is projected to total roughly 24.4 billion pounds, down 5.
2014 December 1
One of the bi-products of the industry’s ongoing argument over Country of Origin Labeling (COOL) is added scrutiny of the U.S.’ beef imports. The lines are fairly clearly drawn in the pro and con camps, but as it has been said, “the truth is rarely pure and never simple.
2014 November 28
Across all warehouses as of Oct. 31, beef in cold storage amounted to 374.87 million pounds (mp), down 15 percent from the same time last year. Beef additionally represented less of red meat and total meat in cold storage at 39.8 percent and 18.8 percent respectively, down from 42.
2014 November 24
Last week the cattle and beef markets were holding their breaths before the Thanksgiving week. Cash cattle trade didn’t relevantly develop until Friday and futures were sideways. But prices for feeder cattle keep going up and the cutout continues its slow march upwards.
2014 November 10
Activity in the cattle and beef markets was slow last week as the nation turned its attention to the elections and the strength in the outside markets. Live and feeder cattle futures were quietly mixed as more attention-grabbing markets—the Dow and the S&P 500— set record highs.
by WLJ
2014 November 7
For many producers, this may be a question of expanding the cow herd. In addition to potential herd expansion, producers should consider whether current market values should prompt management changes as well. Consider this question, for example: What is the optimal level of death loss for cows or calves?.
by WLJ
2014 November 7
Although margins are often tight in the stocker business, the higher dollar risk of recent years points to a need to think beyond buying low and light and selling high and heavy. Seasoned stockers like Mark Yazel, who operates along the border from Kiowa, KS, to northeastern Oklahoma, know there is more to it than weight.
2014 November 7
Prior to Election Day, Senator Rand Paul, a potential Republican Presidential candidate, gave a foreign policy address at the Center for the National Interest dinner in New York City. He was the recipient of the 2014 Distinguished Service Award, and offered some compelling arguments for the Trans-Pacific Partnership (TPP).
by WLJ
2014 October 31
With lower prices, those incentives just aren’t there, for either acres or intensive inputs to push production,” Welch said. “On the demand side, we are still seeing strong export demand and good feed and fuel use. High meat prices offer rewards to increase livestock numbers and feed to heavier weights; that will require more grain used for feed.


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