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2012 June 8
According to the U.S. Energy Information Administration, the national average for both regular gas and on-highway diesel are down from week-to-week and year-to-year levels. This downtrend could be a litmus test for slowing domestic and global economic growth and reduced consumer confidence.
by WLJ
2012 June 8
Cash fed cattle buyers were slow to action last week, with no bids offered until late Tuesday. Even then, they were sporadic and poorly defined. By Wednesday, bids and asking prices were again separated by $5-7 dollars with bids of $118 live in the Southern Plains in the face of $123 offers.
2012 June 8
USDA released its midyear Outlook for U.S. Agricultural Trade report at the end of May. The report upped export expectations for the 2012 fiscal year (FY12) by $3.5 billion relative to the earlier February forecast. Even at $134.5 billion, this year’s projected exports are $2.
by WLJ
2012 June 1
Light and sporadic trading occurred in the cash fed cattle markets by midday Thursday, none of it sufficient to establish a trend. Asking prices of $122-123 live and $195-196 dressed were unmet by bids at the beginning of the short week. When bids did develop, they trailed asking prices by roughly $5 in both areas.
by WLJ
2012 May 25
The cash cattle trade developed with moderate activity in the south Plains on Wednesday. Texas and Kansas saw roughly 30,000 head sell at $121 live. Analysts anticipate Wednesday saw most of the southern trade, though low volume suggested possible clean-up sales throughout the rest of the week.
by WLJ
2012 May 18
Again, the cash fed cattle markets remained immobile until Friday. Bids trailed asking prices by $3-$5 in most cases and up to $9 in more extreme cases. Asking prices stayed steady for live cattle at $122-123 in the south Plains and ranged from $194-197 dressed in the north.
by WLJ
2012 May 18
is available for export. U.S. beef production is expected to be 5 and 8 percent lower in the third and fourth quarters of 2012, and exports are expected to be 9 percent and 6 percent lower in those quarters. Beef export levels in 2013 are expected to be only slightly (1 percent) below forecast 2012 levels, at 2.
by WLJ
2012 May 4
By midday Thursday, only sporadic trading had taken place. A handful of dressed sales occurred Monday at $193-194 in Iowa, and light trade developed in the north at $120 live and $188-191 dressed later in the week. Kansas and Nebraska saw token buys at $117 live and $188 dressed.
by WLJ
2012 April 27
Futures rallied slightly in the wake of a less sensationalized media presentation of the BSE story, a welcomed change from the reception of lean finely textured beef (LFTB). Word that the case was atypical tempered the reaction of importers of U.S. beef to minimal at best.
by DTN
2012 April 27
It’s no shock that input costs for corn production have staged four years of sizable price increases. But unlike past seasons, higher overheads will be exposing producers to more serious marketing risks in 2012, cautions financial adviser Sam Bachman with AgriSolutions.
by WLJ
2012 April 13
South Plains cattle started Wednesday steady at $119-120 but closed the day trading at $122. North Plains saw steady selling at $122 with Nebraska and Iowa seeing slightly higher live prices than the rest of the north, as high at $123.50, and dressed prices at $194-195 with a few instances of $196.
2012 March 30
The U.S. cattle on feed rose, as did placements, in February and March. But continued high placements are unsustainable and many project a drop in placements which will result in shorter meat supplies later in summer. Recent rains in drought-stricken areas will also tighten numbers as more heifers are kept as replacements rather than feeders.
by WLJ
2012 March 30
Fed cattle prices started last week steady with the prior week. Compared to the previous week, live sales sold $1 lower at $125 in Kansas. In Nebraska, dressed sales sold $1-2 lower at $202 with live sales on Wednesday from $126-127.
by WLJ
2012 March 23
“It looks like a lot of eastern Corn Belt farmers are hoping to have some early-harvested corn to use in capturing old-crop premiums before the main harvest season gets underway.Things could get exciting in the markets if there would happen to be widespread frost in late April,” according to Bob Wisner, Iowa State University.
by WLJ
2012 March 23
Texas is by far the leading lamb-producing state, so what happens there also affects the entire country. On Jan. 1, 2011, there were 515,000 ewes in Texas, which is more than the next two leading states combined (California with 273,000 and Wyoming with 220,000).
by WLJ
2012 March 16
Ideas that the early warm weather across the central part of the U.S. could spark early summer-type demand helped support last week’s market. In addition, a more active volume of trade in the boxed-beef market boosted support levels. A positive tilt to equity markets and weakness in the U.
by WLJ
2012 March 9
Cash live cattle markets were in trouble after last Monday’s futures markets closed sharply lower, offering no support to cash trade for the balance of the week. Cattle feeders were eager sellers on Tuesday, concerned that markets could move even lower during the week and that $127 would be about it for the week’s trade.


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