Home / All News / Markets
Search: in Authors List
 

Markets

2015 December 27
“Santa Claus does live,” proclaimed Andrew Gottschalk of Hedgers’ Edge on Christmas Eveeve. After weeks upon weeks of downward spiraling markets on almost all fronts, last week saw a turnaround in both futures and cash markets. That Christmas market miracle may well have happened.


2015 December 18
The markets continued lower last week, with the cash and futures markets of both live cattle and feeders, as well as wholesale beef, heading downward. By Thursday afternoon over 61,500 head had been confirmed sold on the negotiated market of the week. Live steers traded for $114-117, down from the prior week’s $115- 119.



2015 December 11
It might be time to start praying for that Christmas miracle in the markets this year, because things are ugly and just keep getting worse. Cash cattle and feeders were down, futures for both live and feeders were down, and wholesale meat prices were the relative bright star at a weak steady.


2015 December 11
October beef exports rebounded to some degree from their low September totals, but were still down 14 percent from a year ago in volume at 94,524 metric tons (mt) and fell 26 percent (to $508.2 million) compared to the record-high value posted in October 2014 ($687.


by DTN
2015 December 11
The cost is a variable, depending on the types of assets transferred and your attorney fees to draft the documents. The IRS has issued sample pre-approved CRT documents, which makes it easier for the attorney (see Rev. Proc. 2003- 54).


by WLJ
2015 December 11
Due to the slower pace of fed cattle marketings seen in recent months, the estimated beef production for 2015 declined 50 million pounds (mp) to 23.73 billion pounds (bp). Reduced placements of light cattle late in 2015 are also expected to reduce the estimated 2016 production to 24.


2015 December 4
Cash cattle trade got underway early, though at disappointing prices, last week. By Thursday, over 80,000 head had been confirmed sold at $122-125 live and $189-198 dressed; these prices being at the low end of the priorweek’s range for live, and being both below and above the prior week’s range for dressed.


by USDA
2015 December 4
In 2010, the first full year of the economic recovery, urban and rural employment levels grew at comparable rates, and rural areas experienced modest growth the following year. This was followed by two years of near-zero employment change before growth resumed in early 2014.


2015 November 30
The U.S. is the largest beef producing and consuming country and often the largest importer of beef. In the 26 years beginning in 1990, the U.S. has been the largest beef importing country 20 times. Australia and Canada are typically the top two sources of U.


by USDA
2015 November 30
U.S. net farm income—a measure of the sector’s profitability—is forecast to be $55.9 billion in 2015, down 38 percent from 2014’s estimate of $90.4 billion. If realized, the 2015 forecast for net farm income would be the lowest since 2002 (in both real and nominal terms) and a drop of 55 percent from the recent high of $123.


2015 November 30
Last week was something of a breath-catching week for the cattle markets after weeks of extensive volatility. But the holidayshortened week played some mischief with the markets as short weeks often do. Despite having a shortened kill week, packers were buying for a full production week for this week.



2015 November 30
Last week saw the release of three beef-relevant market reports. While the Cattle on Feed report was almost ironically neutral considering the recent weeks of extreme volatility in the cattle and beef market, the Livestock Slaughter and Cold Storage reports continue to show the impacts of the market.


by USDA
2015 November 20
Across a broad range of topics for agriculture, food, and related issues, research and development (R&D) conducted by U.S. public research institutions (state and federal institutions) tends to emphasize different themes than R&D conducted by private firms.


by DTN
2015 November 20
It’s 1040 time, and the farm client slides a new Schedule K-1 across the desk, explaining, “I invested in my brother-in-law’s used car dealership in California.” My inner voice of experience is thinking: I’ve just heard three facts and they’re all trouble.


2015 November 20
“Support exists at the recent cash low, $120-122,” declared Andrew Gottschalk of Hedgers’ Edge. “Seasonally, cash prices tend to grind higher into late November, reflecting a final push for holiday product pricing and a modest decline in fed cattle supplies.


2015 November 20
Robb identified a number of factors that combined to help create the current situation: •Cyclical movement downward in prices; •The impact of delayed marketings and heavier cattle; •U.S. economy relative to outside economies; and •Outside economies’ impact on beef trade with the U.


2015 November 13
India, which exports mostly meat from water buffalo (also known as carabeef) continues to see strong demand from southeast Asia and the halal processing of Indian beef makes the meat popular in Muslim countries.