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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.
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.


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