During the Colorado Wool Growers 86th annual convention on Wednesday, July 17, a number of federal agencies were represented and spoke about ongoing and upcoming issues of concern regarding federal lands and wildlife.
The negotiated cash trade held off last week as small showlists and reasonable strength in the futures gave the bargaining power to cattle feeders. Bids developed low on Tuesday at $115-117 in the South Plains and $190-191 in the Corn Belt, but sales were too few to set a market trend.
In a last-minute Thursday afternoon vote, the House of Representatives passed the split farmonly farm bill. The vote was a razor-thin 216 to 208 divide in favor of it. The bill-splitting occurred only the evening before and took out the supplemental food and nutrition elements from H.
The most recent World Agricultural Supply and Demand Estimates (WAS- DE) report came out Thursday, July 11, and was much anticipated on the corn front. Ending stocks of corn—what most were interested in—increased slightly, which had the immediate result of a decent rally in corn futures and a decline in feeders.
Though the summer isn’t the traditional “legislative season,” there are some bills and resolutions seeing some action, not to mention a constant stream of lawsuits which have, will, or might impact ranchers and agricultural producers of the West.
Jamie Oliver—celebrity chef and influential player in the “pink slime” debacle when he doused some beef with household cleaning solution and told audiences that was what was in their children’s school lunches— has launched a new nonprofit group.
Monday, July 1, the downtown streets of Klamath Falls were chock-full of cattle trailers, loghauling semis, and gooseneck trailers. There were signs, honks of support from passersby, and several speakers.
The impending implementation of the Affordable Care Act (ACA)— colloquially called “Obamacare” in many circles—has inspired many emotions, chief among them being distrust and concern, particularly among rural communities.
Last week’s short trade week saw surprisingly sluggish buying behavior from packers. Because of the July 4 holiday, markets—cash and futures alike—closed early on Wednesday and were closed Thursday, leaving only Monday through Wednesday and some of Friday for trading cattle.
Following recent congressional rumblings on the topic of antimicrobial use in food animals, U.S. Sen. Dianne Feinstein, D-CA, introduced the “Preventing Antibiotic Resistance Act of 2013” to the Senate on June 27. The bill—which lacked a number at the time of writing—is the Senate version of H.
In the last week of June, the Chicago Mercantile Exchange Group (CME) sent a letter to the U.S. Commodity Futures Trading Commission (CFTC) requesting permission to allow heavier cattle as deliverable on the CME live futures contracts.
The most recent Cattle on Feed report showed that cattle in feedlots of over 1,000 head capacity were down as of June 1, and placements into and marketings out of the same feedlots during the month of May were also down.
In its continuing effort to connect consumers to their farmers—and producers to helpful industry contacts—USDA’s “Know your farmer, Know your food” program has created a powerful online search tool called “Compass.
Light cash trade developed sporadically throughout last week with Iowa and Nebraska selling several hundred head on Tuesday and Wednesday at $120-122 live and $190-192 dressed with a few at $194 dressed going to a regional packer in Nebraska.
Western ranchers are no stranger to fire. The recent years-long drought in many states has made that an even closer relationship as massive wildfires devastate parched rangelands. But in Idaho, more and more ranchers are turning in their cowboy hats for firefighters’ helmets as this year’s fire season starts up.
Federal Judge Karen Schreier recently ruled that the defamation lawsuit brought against ABC News by Beef Products Inc. (BPI)—producer of lean finely textured beef (LFTB)—will return to South Dakota’s Union County Circuit Court.
Last week saw donut-like activity in the cash fed market. Light trade occurred on Monday and Tuesday in Iowa at $193.50-195 dressed and $122-124 live. This was called clean-up trade from the previous week by Troy Vetterkind of Vetterkind Cattle Brokerage.
Beef production estimates were increased by 330 million pounds (mp) to 25.52 billion pounds (bp) for 2013. Continued poor range conditions in key cattle states pushing relatively large placements of cattle into feedlots and continued high cow slaughter were credited by USDA as the motivation behind the estimate increase.
Monday, June 10, U.S. Rep. Blaine Luetkemeyer, R-MO, announced the U.S. Treasury inspector general for tax administration (TIG- TA) had agreed to review his request regarding IRS and HSUS. In late May, Luetke meyer sent letters to both the secretary of the U.
USDA’s Food Safety and Inspection Service (FSIS) recently announced a proposed labeling requirement for beef products. Addressing the recent concern over the increased potential for foodborne illness in “mechanically-tenderized” beef, FSIS’ proposal would require all such products to be clearly labeled and come with safe cooking instructions.