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WLJ

Cattle Market & Farm Reports, Editorials
by WLJ
Jul 11, 2005
Last month’s release of the environmental impact statement (EIS) concerning new federal grazing rules was met with some harsh criticism from radical environmentalists and animal rights activists. However, officials with the Bureau of Land Management (BLM) told WLJ that allegations of wrongdoing by them were “false and groundless.” Several activist groups claimed that BLM blatantly and illegally removed findings from the EIS that livestock grazing was indeed detrimental to federally-managed lands, specifically from a wildlife and riparian area standpoint. The groups said they were told by two scientists involved in the regulatory review process that their findings were disregarded and kept
Cattle Market & Farm Reports, Editorials
by WLJ
Jul 11, 2005
— Senate passes trade pact. — House debate, vote around corner. The highly controversial Central America Free Trade Agreement (CAFTA) passed the full Senate July 1, and is now awaiting action from the House of Representatives later this month. The Senate vote was 54-45 in favor of opening free trade with six Central America countries—Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua. Proponents of CAFTA called the Senate action very positive, however, opponents of the proposal said that the vote shows that there are some concerns with the agreement. R-CALF United Stockgrowers of America, and several other producer organizations who oppose CAFTA
Cattle Market & Farm Reports, Editorials
by WLJ
Jul 11, 2005
— Southwest conditions worsening. — Heifer prices could see jump. Meteorologists and climatologists are on the verge of declaring a majority of the western U.S. drought-free this summer. Sources said there are still some drought-like pockets in the extreme northern Plains, Northwest and parts of the Southwest, however, the Intermountain West, West Coast and central Plains are all in better shape than the previous four or five years. Cattle market analysts said continued improvement in weather and climate conditions could result in a much larger growth rate in the northern Plains and Intermountain cow herds, and a better calf and feeder cattle market
Cattle Market & Farm Reports, Editorials
by WLJ
Jul 11, 2005
Reports of very good Fourth of July beef demand and some early week strength in both the futures and boxed beef markets gave fed cattle producers some optimism for a stronger market last week. However, as of Thursday, market activity was still almost nonexistent as packers were waiting for asking prices to get in line with the previous week’s market. The only trade reported as of press time was 5-8,000 head in Nebraska at $130 dressed, which was $1-2 stronger than two weeks ago. Thursday morning packer bids were down to $128-129 in northern feeding states. In the southern Plains, cattle feeders
Cattle Market & Farm Reports, Editorials
by WLJ
Jun 27, 2005
South Dakota plant delayed Connecticut-based Ridgefield Farms will further delay breaking ground on a South Dakota beef processing facility until next spring. In addition, construction on a cattle slaughter facility has been pushed back another year, company officials said. In April, the company announced a six-month delay
Cattle Market & Farm Reports, Editorials
by WLJ
Jun 27, 2005
Company expects fall introduction. Confirmatory A quick-test@ also unveiled. Canadian-based Vacci-Test Corporation recently announced it has developed a diagnostic blood test that shows the presence of brain diseases, including BSE, in live animals. Company officials said USDA researchers will conduct validation studies on their research starting next
Cattle Market & Farm Reports, Editorials
by WLJ
Jun 27, 2005
Final results likely early this week. Testing disclosure scrutinized. Cattle industry and U.S. agriculture officials last week were both eagerly awaiting final results of confirmatory BSE testing being conducted by a world-renowned lab in Weybridge, England. However, as of press time last Thursday, those results were not
Cattle Market & Farm Reports, Editorials
by WLJ
Jun 20, 2005
— Market declines $2-3; feeder cattle follow. Last week’s developments surrounding a possible second case of BSE in the U.S. and the continued softness in the boxed beef market combined to result in a $2-3 softer fed cattle market last week. That decline trickled down to the calf and feeder cattle markets, also to the tune of about
Cattle Market & Farm Reports, Editorials
by WLJ
Jun 13, 2005
— Yearlings slump on fed losses. — Calves up on rain. Fed cattle gained $1 in the northern Plains dressed markets and were mostly steady on the live trade in southern feeding states last week. Most live trade was at $85, while dressed sales were at $135 on moderate trade.
Cattle Market & Farm Reports, Editorials
by WLJ
Jun 6, 2005
Morton’s founder dies at 83 Restaurateur Arnie Morton, founder of the Morton’s of Chicago steakhouse chain, died May 28 at the age of 83. Morton had suffered from Alzheimer's disease and cancer and had been living at a nursing home in Deerfield, IL. A native of Chicago, Morton opened his first restaurant,
Cattle Market & Farm Reports, Editorials
by WLJ
May 30, 2005
Swift names new CEO Swift & Company announced it has named Sam Rovit as its chief executive officer and a member of its board of directors. Rovit has been with leading strategy consultants Bain & Company since 1988, and was named to that firm’s partnership group in 1995. Rovit is co-author of Mastering
Cattle Market & Farm Reports, Editorials
by WLJ
May 30, 2005
— High court votes 6-3 in favor of program. The U.S. Supreme Court last week overturned previous courts’ rulings that the national beef checkoff was unconstitutional, which means the program will continue to fund research and promotions, including the “Beef: It’s What’s For Dinner!” advertising campaign. As a result of that ruling, the
Cattle Market & Farm Reports, Editorials
by WLJ
May 30, 2005
I will have to admit that I was as surprised as anyone about the Supreme Court’s decision to maintain the beef checkoff and rule that it is a form of government speech and not subjected to the first amendment as forced association. If I were to place a bet six months ago, my money would have been that the program
Cattle Market & Farm Reports, Editorials
by WLJ
May 30, 2005
Midwestern crop specialists during mid-May indicated that the number of corn acres to be replanted is well into six-digit territory and could be almost 250,000 acres, as of May 20. Those reports resulted in some significant spikes in corn futures prices between May 20 and last Wednesday, which have in turn started pressuring prices being paid for calves and
Cattle Market & Farm Reports, Editorials
by WLJ
May 30, 2005
The filibuster fight over judicial nominees appears to be over for now since 14 Republican and Democratic senators broke with their party leaders last Wednesday to avert a showdown vote. These Senators agreed to give an up or down vote on three of President Bush’s nominees, while preserving the right to filibuster others in “extraordinary circumstances.”
Cattle Market & Farm Reports, Editorials
by WLJ
May 30, 2005
The filibuster fight over judicial nominees appears to be over for now since 14 Republican and Democratic senators broke with their party leaders last Wednesday to avert a showdown vote. These Senators agreed to give an up or down vote on three of President Bush’s nominees, while preserving the right to filibuster others in “extraordinary circumstances.”
Cattle Market & Farm Reports, Editorials
by WLJ
May 30, 2005
Vernon Leonard Thornton Vernon Leonard Thornton, 76, died at home in Moores Valley, OR, of a brain tumor May 13. The son of Robert Baird and Marjorie Bell Thornton, he was born Feb. 25, 1929, in Payette, ID. The family moved to Moores Valley, west of Yamhill in 1932. Thornton graduated from Yamhill High School
Cattle Market & Farm Reports, Editorials
by WLJ
May 30, 2005
— Low $80s projected next few months. — Fall market impact mostly neutral. USDA’s May 1 Cattle-on-Feed Report, unveiled May 20, was viewed as being mostly bearish for the summer fed market and neutral for the fall, early-winter marketing season. That summer bearishness came to fruition last Monday when the first few


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