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2013 April 29
The April Cattle on Feed report (COF) came out Friday, April 19. The report covers numbers of cattle on feed in feedlots of 1,000 head or greater capacity as of April 1, and the number placed and marketed during March. The biggest surprises came from the number of cattle placed, which was well above both year ago levels and pre-report estimates.
by WLJ
2013 April 26
There seems to be a chill on cattle markets…both literally and figuratively. Cattle markets remain hunkered down due to weather and other impacts. The unrelenting cold, wet spring continues to have a variety of impacts on both the supply and demand sides of cattle and beef markets.
by WLJ
2013 April 8
There was an interesting game going on in the cash fed market last week. Early in the week, word from packers was that they were going to pull April contract cattle for their needs and avoid the higher cash market. This led analysts to predict a steady to down $1 cash trade.
2013 April 5
The most recent Crop Progress report came out Monday, April 1. The report—the first of this year—showed sorghum plantings as of March 31 in line with the recent past and oat plantings were below last year but on par with the fouryear average.
by WLJ
2013 April 1
The vast majority of cash fed trade took place on Thursday morning and early afternoon ahead of the market closures of Good Friday. The small volume of sales earlier in the week developed in the South Plains at $125 live and $202 dressed, but the bulk of the trade on Thursday went for $127-129 live and $203-204 dressed.
2013 April 1
The most recent Cattle on Feed report was released Friday, March 22 by USDA. The report covered the number of cattle on feed as of March 1 in feedlots with a 1,000-head or greater capacity, as well as the number placed on feed in, and marketed from, such feedlots during the course of February.
by DTN
2013 March 29
Some of the largest increases, percentage wise, come from increased planting in Arkansas, Mississippi and other Delta states as farmers switch from cotton to corn. USDA expects farmers in Illinois, Indiana, Missouri, Kansas, South Dakota and Nebraska to plant slightly less corn than last year.
by WLJ
2013 March 29
The book “Who Will Feed China?: Wake-up Call for a Small Planet,” authored by Lester Brown in 1995, was a surprising wake-up call about world food security. Brown claimed that food production was not growing fast enough to feed China’s increasing population, which could result in rising food prices in China and the rest of the world.
by WLJ
2013 March 25
Cash trade developed fairly early last week, with the majority of trade volume completed by Wednesday. Each day’s trade was individually said to be light, however.
by WLJ
2013 March 22
“The continued growth in farm loans demonstrates the important role banks play in the success of farms and ranches both large and small,” said John Blanchfield, senior vice president and director of ABA’s Center for Agricultural and Rural Banking. “Banks remain the most important source of ag credit holding more than half of all farm loans.
by WLJ
2013 March 18
The cash fed cattle trade was slow to develop last week with only a few bids having been offered by Thursday. Asking prices from cattle feeders were decidedly at $130 live and $205 dressed with bids of $125 live being ignored.
by WLJ
2013 March 8
Cash fed cattle trade developed sporadically throughout the week, starting on Monday with a few loads sold in Texas at $128 live. This was called too small to set the market and perhaps was cleanup trade from the prior week. Offers started the week at $130 live and $206-207 dressed.
by WLJ
2013 March 8
The first to move was Russia, which notified the U.S. and other countries in December that they were required to certify that their pork and beef exports were free of ractopamine residues. When the U.S. government did not implement a program for certifying exports, Russia closed its market to imports of beef and pork from the U.
by WLJ
2013 March 1
Throughout last week, cash fed cattle sales were slow to develop, both on market and outside reasons. The storms caused some difficulty for feedlots around the country, and when dealing with the physical necessities of digging out and caring for the cattle, sales become hard things to do.
by WLJ
2013 March 1
The fiscal cliff created the opportunity for a number of changes in the tax rules regulating when a farm must complete and file their annual income tax returns. For 2012, farm income tax returns have received a deadline extension from the normal March 1, 2013, date to file their tax returns without penalty, if they have not made estimates.
by WLJ
2013 March 1
The average U.S. retail price for regular motor gasoline is up about 45 cents per gallon since the start of 2013, reaching $3.75 per gallon on Feb. 18. The rise in gasoline prices is partly due to higher crude oil prices.
by WLJ
2013 March 1
The order in which withdrawals are made is the key to tax efficiency. Generally, this means tapping taxable accounts—i.e., investments other than IRAs and taxdeferred employer plans such as 401(k)s—first, since they were made with aftertax dollars and taxes have already been paid on investment earnings.


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