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Kerry Halladay, WLJ Managing Editor

Markets
Jul 24, 2015
The most recent Cold Storage report shows a growing stock of all the major protein in U.S. warehouses. All told, stores of all meat (red meat and poultry) as of June 30 stood at 2.33 billion pounds, up 17 percent from the same time last year. Most of this increase came from increases in stored beef, though all the major proteins saw increases.


Markets
Jul 24, 2015
Cash cattle trade was slow to develop last week ahead of the release of the monthly Cattle on Feed and bi-annual Cattle Inventory reports. By close of trade on Thursday, over 20,000 head had been confirmed sold with prices ranging from $144-147 live (averaging in the low $145s) and $230-233 dressed (averaging in the upper $231s).


News
Jul 24, 2015
During the National Cattlemen’s Beef Association (NCBA) summer conference, held July 15-18 in Denver, CO, the ESA was a matter of considerable concern. The matter of reforming the ESA—or rather, “modernizing” it—was a focal point of the Property Rights and Environmental Management/Federal Lands Policy Committee.


News
Jul 24, 2015
The Environmental Protection Agency is waging a watery war on two fronts over its Waters of the U.S. rule. While over half the states in the nation and industry groups are suing the agency saying the rule goes too far, environmental groups are suing the agency claiming it doesn’t go far enough.


Markets
Jul 17, 2015
The most recent World Agricultural Supply and Demand Estimates (WASDE) report was a boon to corn farmers and likely left a bitter taste in the mouths of cattle and beef ranchers concerned with the trade situation; corn stocks are down, meaning prices are up, and the U.S.


News
Jul 2, 2015
(WOTUS). The attorneys general of 13 states are attempting to sue the EPA over what they characterize as unlawful expansion of jurisdiction. They additionally call the WOTUS final draft “arbitrary, capricious, and abuse of discretion, and otherwise not in accordance with law.


News
Jul 2, 2015
For California, still suffering in its historic drought, it has meant an early and voracious start to its usual fire season. According to CalFire (the California Department of Forestry and Fire Protection), there have been 41 fires in the state since February of this year, burning a total of 49,696 acres as of publishing.




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