Home / All News / Markets
Search: in Authors List
 

Markets

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.
2013 March 1
On the heels of Rocky and Q—the winter storms, that is—the issue of winter hay feeding is a key concern. Though for some, winter always means feeding hay, the unusual and sudden levels of snow many parts of cattle country got last week and the week before have potentially intensified that need.
by WLJ
2013 February 22
The cash fed cattle market was slow to develop last week. The first sales surfaced on Wednesday in the South Plains at $123 live and some very light trade took place in the Corn Belt at $122 live and $194-196 dressed.
by WLJ
2013 February 22
There is understandably a lot of concern in the beef industry about beef demand in the coming months. The expected decrease in beef production in 2013 will likely represent a 3.3 percent decrease in domestic per capita supplies.
by WLJ
2013 February 8
The cash live cattle trade was slow to develop last week as packers tried to play chicken with cattle feeders over buying inventory. Offers were firm at $127-128 live and $205 or more dressed. Limited bids of $123 live had surfaced in the south Plains by Wednesday, but beyond that, packers were silent on bidding and cattle feeders weren’t biting.
by WLJ
2013 February 8
Due in large part to softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in December. The RPI—a monthly composite index that tracks the health of and outlook for the U.S.
2013 February 8
The most recent Cattle Inventory report was released Friday, Feb. 1 and reported on all cattle— beef and dairy—in the U.S. herd as of the first of the year. Overall, the number of cattle and calves recorded was down 1.6 percent at 89.3 million head, making this the lowest Jan.
by WLJ
2013 February 1
Cash fed cattle trade developed slowly by midweek last week. Small showlists and strength in the futures inspired some hope for the cash trade prices. The South Plains saw live trade on Wednesday at $124-125 and dressed at $197 but on light numbers. Bids were placed at $125 live in the Corn Belt but no trade had occurred.
by WLJ
2013 January 25
There were almost no bids recorded last week, though trade did develop lightly by midweek. In the south Plains, live cattle traded at $122 and at $121-122 in the Corn Belt. Dressed cattle saw Corn Belt trade at $193 with instances of $194 in Iowa.
by WLJ
2013 January 25
After a year of challenges, highlighted by the worst drought in more than a halfcentury, the U.S. red meat (beef, pork and lamb) industry is focusing on 2013 as a year of great opportunities to increase the value those agricultural exports bring to exporters, processors, producers and the broad American agricultural industry that supports them.
by WLJ
2013 January 18
Cash fed cattle trade struggled last week as signals of disappointing consumer demand and unsupported futures levels eroded prices both buyers and sellers could agree on.