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2015 March 16
The cash live trade held off to later in the week last week as packers held out hope for the possibility of lower fed cattle prices. By Thursday afternoon, they were to be disappointed. Over 10,400 head of cattle were confirmed sold at $162.50 live and $258- 260 dressed, steady to slightly higher for both live and dressed compared to the prior week.
2015 March 16
The cash live trade held off to later in the week last week as packers held out hope for the possibility of lower fed cattle prices. By Thursday afternoon, they were to be disappointed. Over 10,400 head of cattle were confirmed sold at $162.50 live and $258- 260 dressed, steady to slightly higher for both live and dressed compared to the prior week.
by DTN
2015 March 13
The president’s State of the Union message advocated a new top 28 percent capital gain rate and partial elimination of the stepup in basis that occurs at death. That would make sales of farmland a tax disaster. However, with the Republicans controlling the House and the Senate, those proposals have little chance of enactment.
2015 March 13
“Sharply higher beef prices in North America coupled with a very strong U.S. dollar have significantly distorted relative prices in the U.S. and Canada. High beef prices in the U.S. have limited U.S. beef exports to Canada and as a result Canadian consumers have had to rely more on domestic production to fill needs.
2015 March 13
Almost all facets of the beef projections were down in the most recent report. Production estimates were revised downwards to the tune of 160 million pounds at 24.13 billion pounds. This alteration was due to slow first quarter fed cattle slaughter.
by WLJ
2015 March 13
One measure of technological change is total factor productivity (TFP). Increased TFP means that fewer economic resources (land, labor, capital and materials) are needed to produce a given amount of economic output.


by DTN
2015 March 13
The president’s State of the Union message advocated a new top 28 percent capital gain rate and partial elimination of the stepup in basis that occurs at death. That would make sales of farmland a tax disaster. However, with the Republicans controlling the House and the Senate, those proposals have little chance of enactment.
2015 March 13
“Sharply higher beef prices in North America coupled with a very strong U.S. dollar have significantly distorted relative prices in the U.S. and Canada. High beef prices in the U.S. have limited U.S. beef exports to Canada and as a result Canadian consumers have had to rely more on domestic production to fill needs.
2015 March 13
Almost all facets of the beef projections were down in the most recent report. Production estimates were revised downwards to the tune of 160 million pounds at 24.13 billion pounds. This alteration was due to slow first quarter fed cattle slaughter.
by WLJ
2015 March 13
One measure of technological change is total factor productivity (TFP). Increased TFP means that fewer economic resources (land, labor, capital and materials) are needed to produce a given amount of economic output.
2015 March 9
According to data by the USDA’s Economic Research Service, in 2014 the U.S. imported 2.95 billion pounds (lbs.) of beef and veal. This compares to 2.57 billion lbs. exported in the same year, making a trade deficit of 380 million lbs. The most recent World Agricultural Supply and Demand Estimates report projects trade this year will be 2.


2015 March 9
Cash fed trade was very slow to develop last week as packers tried to play chicken with the rollercoaster futures and cutout prices. They tried to hold out for steady to lower prices—compared to the prior week’s $157-160 live and $252-254 dressed trade—and even by Thursday afternoon there was little indication of where prices would go.
2015 March 9
According to data by the USDA’s Economic Research Service, in 2014 the U.S. imported 2.95 billion pounds (lbs.) of beef and veal. This compares to 2.57 billion lbs. exported in the same year, making a trade deficit of 380 million lbs. The most recent World Agricultural Supply and Demand Estimates report projects trade this year will be 2.
2015 March 9
Cash fed trade was very slow to develop last week as packers tried to play chicken with the rollercoaster futures and cutout prices. They tried to hold out for steady to lower prices—compared to the prior week’s $157-160 live and $252-254 dressed trade—and even by Thursday afternoon there was little indication of where prices would go.
by WLJ
2015 March 6
Japan is one of the largest markets for U.S. agricultural exports, and the U.S. has long been its largest supplier. However, in recent years the total value of U.S. agricultural exports to Japan has stagnated (in real terms) and the U.S. share of Japan’s agricultural imports has declined.


by WLJ
2015 March 6
USDA estimates beef production through the end of February to be down 5.2 percent from the same period last year. Total cattle slaughter is down 7.0 percent year-over-year including a 6.4 percent decrease in steer slaughter and an 8.7 percent decrease in heifer slaughter.
by WLJ
2015 March 6
The tour started with an overview of USMEF’s marketing objectives in China and an explanation of several market access issues that impact U.S. meat exports into the region. This was followed by a briefing from the U.S. Agricultural Trade Office in Shanghai, which focused on the business climate in China for


by WLJ
2015 March 6
Lower projected farm asset growth is primarily driven by decreases in financial assets and a small drop in farm real estate value. These declines reflect lower forecast net cash income for 2014-15, along with expectations of slightly higher interest rates.


by WLJ
2015 March 6
The largest importer of U.S. beef told Iowa producers that they expect reliable access to a steady supply of high quality U.S. beef. The issue came up at every importer meeting held during a recent Iowa Meat Trade Mission to Japan. Iowa beef producers Steve Rehder, Hawarden, and Connie Richards, Tingley, were on the mission during February.


by WLJ
2015 March 6
Japan is one of the largest markets for U.S. agricultural exports, and the U.S. has long been its largest supplier. However, in recent years the total value of U.S. agricultural exports to Japan has stagnated (in real terms) and the U.S. share of Japan’s agricultural imports has declined.


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