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by WLJ
2012 September 21
Very few bids were posted, none in the first half of the week, and those that surfaced later on were in the area of $122 live in the South Plains, and $192-194 in the Corn Belt with no takers. Asking prices were generally $126 live in the South Plains and $197-200 dressed in the Corn Belt.
by WLJ
2012 September 14
Surprisingly high cash fed cattle trade developed Wednesday last week. Cattle were selling $196-197 dressed and $126-127 live in the Corn Belt and in some portions of the South Plains. Colorado didn’t sell any cattle that day and Nebraska and Iowa sold lightly at $124-126 live and $194-195 dressed.
2012 September 14
The September World Agricultural Supply and Demand Estimates (WASDE) report came out Wednesday, Sept. 12. This report held some surprises in corn, though the surprises were mostly in that the estimates varied so much from, and were so much stronger than, pre-report industry expectations.
by WLJ
2012 September 14
U.S. pork exports in July were slightly lower than a year ago while beef exports dipped moderately in volume, achieving their largest monthly total of 2012 while holding steady in value. These results are based on statistics released by USDA and compiled by the U.
2012 September 7
USDA has forecast agriculture exports to reach a record $143.5 billion in the 2013 fiscal year, with strong demand from Canada, Europe and Japan, according to The Outlook for US Agricultural Trade released Aug. 31 by the USDA’s Economic Research Service (ERS) and Foreign Agricultural Service.
by WLJ
2012 September 7
No relevant trade developed last week up to midday Thursday. Bids of $120 live surfaced in Texas on Wednesday, but no trade developed as cattle feeders stuck to their offers of $125-126 live and $193-194 dressed. Trade was expected to crop up late in the week at steady to higher prices compared to the prior week’s $122-123 live and $188-190 dressed.
by WLJ
2012 August 31
No real market trend was evident in the cash fed cattle trade by midday Thursday last week. Bids trailed asking prices by $2-3. Offers of $122- 123 live were seen in the South Plains and $188-190 dressed in the Corn Belt, with some even as high as $192.
2012 August 31
The most recent Cold Storage report shows stocks of total red meat and poultry in cold storage as of July 31 at 2.24 billion pounds (bp). Of that, beef represented roughly 20 percent at 455.74 million pounds (mp). When compared to the previous report, beef in cold storage dropped 3 percent but increased in its portion of overall red meat storage.
by WLJ
2012 August 17
Cash fed cattle markets were slow to develop last week with minimal activity occurring through Thursday morning. Not enough trade occurred in the first half of the week to establish an accurate market test. Expectations existed of serious trade developing on later Thursday and Friday at $1-2 above the prior week’s levels.
2012 August 17
The August USDA World Agricultural Supply and Demand Estimates (WASDE) report came out Friday, Aug. 10. The report showed beef production up compared to prior projections, but still down compared to prior years. It also predicted the U.S. will become a net importer of beef by 2013.
by WLJ
2012 August 10
Very little relevant trade developed in the cash fed markets last week with most activity expected to develop late Thursday and Friday. Markets were inactive through early Wednesday whereupon some slight trade occurred in Iowa at $185 dressed.
by WLJ
2012 August 3
No relevant trade had developed in the cash fed markets through the early part of the week. By midday Thursday, only a handful of regional trades had occurred, and none of them enough to set market trend. Bids of $113 live in the south and $180 dressed in the Corn Belt trailed asking prices by $3-5.
by WLJ
2012 July 20
Cash live cattle trade surfaced unusually early last week, with most activity on Tuesday and some cleanup trade on Wednesday. Early trade on Tuesday went for $111-113 live in the south and $112-113 live, $178-180 dressed in the north. Later-day Tuesday and cleanup trades generally went for $1 lower than earlier numbers.
by WLJ
2012 July 6
The live cattle cash trade was nonexistent with bids trailing asking prices by $6 and more. In the Southern Plains, packers hoping to regain some lost margins bid $114 but were ignored by feeders who held firm at $120 live asking prices. In the Northern Plains, asking prices were $190 dressed.
by DTN
2012 July 6
last week and an 8 percent five-year average. “Silking reached 25 percent, meaning the crop continues to suffer through hot, dry conditions during critical maturation,” Sanow said. “This, combined with the worsening condition ratings, point to a national yield well below USDA’s 166 bushels per acre (bpa),.
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.


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