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Pete Crow, Publisher

Opinion
Jul 1, 2011
Boy, it really makes you wonder just how these guys in government think. This country owes more that $14 trillion and we are running a $1.6 trillion budget deficit, but Congress is squabbling over a few free trade agreements (FTAs) that would create more than $20 billion in commerce between
Opinion
Jun 24, 2011
There is more volatility in the commodity markets. Two weeks ago, cattle markets were on a roll, gaining several dollars going into Father’s Day weekend with cash fed cattle trading at $108-109. Then the June 1 Cattle on Feed report came out and, the following Monday morning, the markets took off. It was starting to look like the
Opinion
Jun 16, 2011
The big summer video sales are around the corner and they are usually the market setters. Cattle markets have been in a decline over the past six to eight weeks, but appear to have stabilized for now. Cash fed cattle seemed to have drawn a line at $104, but that is far from what unhedged feeders will require to
Opinion
Jun 9, 2011
In just a few weeks, the summer beef industry conference will be held in Orlando, FL. The National Cattlemen’s Beef Association, Cattlemen’s Beef Board, Federation of State Beef Councils, state cattlemen’s associations and just about anyone else connected to the beef industry will meet to set policy and
Opinion
Jun 3, 2011
There have been quite a few political issues on the front burner lately that have a huge effect on the cattle and beef industry. The political winds appear to be shifting, and a pro-business environment seems to be slowly developing. It seems that lawmakers are at least acting serious
Opinion
May 27, 2011
The fed cattle markets have been ugly the past month, down $19 in seven weeks. Many market analysts were expecting a decline going into the summer and forecast a typical seasonal decline around 15 percent by July. This average decline would have placed the market in the neighborhood of $105 from
Opinion
May 20, 2011
There has been a lot of talk about the National Western Stock Show in Denver, CO, making a move over the past few weeks. The idea of the 105-year-old livestock show moving to a new location has been in the works for the past 10 years and it appears there is some real traction behind the effort. At the NWSS annual board
Opinion
May 13, 2011
The National Cattlemen’s Beef Association (NCBA) is an interesting organization. It seems that cattle people either love them, hate them, don’t trust them, or don’t care about them. I suppose that every trade group could be viewed this way because no one can agree on everything. Last week, I was following up on a story
Opinion
May 6, 2011
It has been interesting watching all the debate about the issues concerning the beef checkoff and the turf war between National Cattlemen’s Beef Association and the Cattlemen’s Beef Board over the past several months. The debate essentially revolves around NCBA handling most of the money and
Opinion
Apr 28, 2011
Cattle markets were a bit softer last week, but recovered somewhat by the week’s end. We’ve all been wondering when this market would get a bit softer and it looks like we’re starting to see it. We’re approaching the high-demand summer grilling season and slaughter rates should start to pick up and keep the larger cattle inventory moving, barring any
Opinion
Apr 15, 2011
The bull sales have been awfully good this spring and there is a great deal of optimism in the cow/calf sector of this business. All classes of breeding stock are trading 30 percent higher than a year ago. Many of the bull sales are producing $500 to $800 more per bull than a year ago. Some outfits have seen their bull sale average
Opinion
Apr 7, 2011
Boxed beef may have peaked for a while at $191 two weeks ago; packers lost $5.60 per head on an average buy of $121.29 for last week’s purchases of cattle. Typically, we would see beef production slow down in response to a negative cut out value. However, packers processed an additional 8,000 head last
Opinion
Mar 31, 2011
It’s a perfect world when prices and production go up at the same time and that’s what we’re seeing in the cattle and meat business right now. Year-to-date beef production is up 1.1 percent from a year ago and prices are up some 30 percent. Unfortunately, we’re robbing Peter to pay Paul in this situation because we certainly won’t have enough
Opinion
Mar 25, 2011
It’s starting to appear that some ranches are thinking about expanding their herds. If individual production sales are any indication of herd expansion, then it’s starting to happen. Our team of field men have been busy attending the sales and most of the road talk isn’t about what someone’s bulls averaged or the
Opinion
Mar 11, 2011
Fed cattle markets have .been trading for over $1 for 13 weeks. Cash fed cattle traded between $117-119 live and $190 in northern Plains dressed trade last week. It’s hard to imagine this market trading much higher, but all the signals point to a higher market this fall. Trading cattle at this level looks
Opinion
Mar 3, 2011
The ethanol business has been a burr under the saddle of livestock producers ever since the government made the decision to pursue biofuels. The corn markets have been good for the farming business, but not livestock feeding. It’s an interesting relationship since many folks raise both. The current spending
Opinion
Feb 25, 2011
Fed cattle markets remain extremely good. I’ve lost track of how many weeks fed cattle have traded for over $100. The market has been so good that it has a lot of folks perplexed. The cash market traded at $109-$110 two weeks ago and was expected to trade a couple dollars higher last
Opinion
Feb 18, 2011
Looking ahead, we have August feeder cattle futures showing us $133.45 last Thursday, a new contract high. Fall cattle prices are as strong as ever and it forces me to ask the question: How many ranchers will sell in the fall on the cash market? I still contend that there are more reasons for the market to go down
Opinion
Feb 11, 2011
The National Cattlemen’s Beef Association, Cattlemen’s Beef Board, and the Federation of State Beef Councils held their annual meetings in Denver, CO, in early February. There was a good crowd despite sub-zero temperatures. For the most part, everyone was in good spirits due to the current cattle markets, but caution was the word
Opinion
Feb 3, 2011
The 70th Annual Red Bluff Bull Sale was an amazing event this year and reflected the pace of cattle markets. This sale made history, setting a record for all-breed range bull sales in the West. Demand for bulls was extremely good; buyers jumped right in to get the bulls they needed. This was a truly remarkable event and, by far,
Sales Calendar


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