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by WLJ
2012 December 1
Some cash trade developed on Monday to the tune of a couple thousand head of cattle selling live in Texas at $128. This would be steady with the week prior. These cattle reportedly went to JBS and were thought to be effectively cleanup trade from the week before where they found themselves short bought.
by WLJ
2012 November 23
Despite the reportedly shortbought nature of many packers the week before, and the full production week expected this week, packers were not particularly quick to buy cattle during last week’s short window of purchasing opportunity. By Wednesday morning, no sales had been reported and very few bids had been placed.
2012 November 16
In what has been called neutral to slightly bearish, the most recent USDA World Agricultural Supply and Demand Estimates (WASDE) report was released Friday, Nov. 9. Beef production, imports and exports were lowered compared to the previous report, and corn and soybean yield and production estimates rose for the first time in a long while.
by WLJ
2012 November 16
The cash fed cattle trade was particularly sluggish last week with only two loads of cattle selling to regional packers through the first half of the week. On Tuesday, one load sold in Iowa at $192 dressed, which would be below the prior week, and another sold Wednesday in Nebraska at $196 dressed, which would be steady with the prior week.
by WLJ
2012 November 16
U.S. beef exports in September were well below a year ago. Despite sluggish volumes, however, the value of beef exports through the third quarter of 2012 remains ahead of last year’s recordsetting pace, according to statistics released by USDA and compiled by the U.
2012 November 9
Generally speaking, the fiscal cliff—also called “Taxageddon” in some circles—is the perfect storm when (or if) the Bush-era tax cuts expire at the end of 2012 and automatic government spending cuts to over 1,000 programs take effect at the beginning of 2013.
by WLJ
2012 November 9
Cash trade for fed cattle was slow to develop last week. By Thursday afternoon, only a few strings big enough to set a trend sold at $125 live in Nebraska. Other than that, activity was limited to offers of $128 live and $198- 200 dressed.
by WLJ
2012 November 9
The retail cost of menu items for a classic Thanksgiving dinner including turkey, stuffing, cranberries, pumpkin pie and all the basic trimmings increased less than 1 percent this year, according to the American Farm Bureau Federation (AFBF).
by WLJ
2012 November 2
Live and fed cattle markets were performing mixed last week. Cash trade developed earlier than expected, but at lower prices than seen the week before. The futures markets performed well, but faltered midweek. Even though they were still in the black at the time of reporting late in the week, their gains were not what they had been.
by WLJ
2012 October 26
Cash trade developed sporadically throughout last week. Small batches of sales cropped up each day through the first half of the week, but by Wednesday, the volumes were too low to establish a reliable trend. Monday and Tuesday saw small batches sell in Iowa at $125.
by WLJ
2012 October 19
The cash trade for fed cattle was basically nonexistent last week by midday Thursday. One load sold Tuesday in Iowa at $192 dressed, but that was insufficient to determine a market trend. For the most part, cattle feeders passed over offers of $122 live and $191-193 dressed, asking $126-127 live and $194-196 dressed.
2012 October 12
While USDA’s October World Agricultural Supply and Demand Estimates (WASDE) report had some big changes, it was in line with most analysts’ expectations. Corn yields remained declined slightly, but 2011 stocks were cut drastically and are now the lowest since 1995/96, according to analysts.
by WLJ
2012 October 12
The cash fed cattle trade was slow to develop last week. By Thursday midday, very few bids had been posted at $122 live in the South Plains and $188-190 dressed in the Corn Belt. These were generally passed over by packers, well aware of smaller showlists, short-bought packers and the tight supplies.
by WLJ
2012 October 5
No one seemed in a hurry to buy fed cattle last week. Bids were light and sporadic to nonexistent most of the week. Through midday Thursday, bids of $121 live in the south Plains made Monday, and repeated throughout the week, and a Thursday morning bid of $187-189 dressed in Nebraska were the only things to develop.
2012 September 28
Trade for cash negotiated fed cattle developed earlier last week than often happens, but remained light. Tuesday afternoon saw some very light trade around cattle country at $192 dressed in Iowa and $194 in Nebraska. Wednesday saw trade develop in the south Plains at $123 live and $190-192 dressed in the Corn Belt.
by WLJ
2012 September 28
Maybe not all cattle feeders see it that way, but in the big picture, that’s what is happening, says Shawn Walter, president of Professional Cattle Consultants (PCC). He presented “How big can we go?” at last month’s Feeding Quality Forum in Grand Island, NE, and Amarillo, TX.


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