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Pete Crow, Publisher

Livestock Industry Opinions
Aug 20, 2010
The U.S. Justice Department and USDA’s Grain Inspection Packers and Stockyards Administration will hold their next competition workshop this Friday, Aug. 27, in Fort Collins, CO. These workshops were scheduled last year for the government to learn more about livestock
Livestock Industry Opinions
Aug 13, 2010
Natural resources use is big business, and the distribution of resources like natural gas is really big business. By now, a lot of you have learned about El Paso Corporation’s plans for the $3 billion Ruby Pipeline running from southwest Wyoming across northern Utah and Nevada and into
Livestock Industry Opinions
Aug 6, 2010
The beef checkoff is possibly the most contentious issue ever involving the cattle business. This self-help program has created more heartache among folks trying to do something positive for the industry than I have ever seen. It appears that everyone wants to love the checkoff to death
Livestock Industry Opinions
Jul 23, 2010
1. he U.S. livestock industry has been a bit uneasy over the proposed competition rules that USDA’s Grain Inspection Packers and Stockyards Administration (GIPSA) proposed several weeks ago. Many livestock groups have had their attorneys pouring over the proposals to figure
Livestock Industry Opinions
Jul 16, 2010
It was a good week for feeder cattle markets. The big videos produced large volumes of yearlings, heavy yearlings that sold between $102 and $110. Calves for fall delivery were also strong and steady. The six-weight cattle were trading in the $115 range while the five weights were in the
Livestock Industry Opinions
Jul 9, 2010
JBS packing announced last week that they intend on buying the largest cattle feeding company in the Southwest, McElhaney Cattle Company in Welton, AZ. This acquisition would add 130,000 head to JBS’ feeding capacity for a total of 968,000-head one-time
Livestock Industry Opinions
Jul 2, 2010
The successful, but divisive, beef checkoff must live through another tormenting period of time. The program, structure and how it operates are again being challenged by several ag groups. The recent challenge is a product of the governance changes that NCBA had proposed, changes intended to
Livestock Industry Opinions
Jun 25, 2010
USDA released new amendments to the 1921 Packers and Stockyards Act. Those new rules were mandated by the 2008 Farm Bill. Congress’ wish was to provide basic protections for livestock and poultry producers. However, USDA may have overinterpreted Congress’ intent on this one.
Livestock Industry Opinions
Jun 18, 2010
New research from Stanford University suggests that production agriculture has slowed down the pace of global warming. This bit of news should have the grow-local and organic-food wonks and the environmental global warming, anti-agriculture crowd wondering what just happened.
Livestock Industry Opinions
Jun 11, 2010
Ethanol mandates have been a contentious issue over the past few years the and the run up in corn values in 2008 was very destructive to animal agriculture. It’s never been a secret that the majority of U.S. corn production has been sold as livestock feed, and when the federal
Livestock Industry Opinions
Jun 4, 2010
Do you ever wonder how the Humane Society of the United States (HSUS) would do in China? Perhaps not so well, considering there are dogs on the menu in many restaurants. HSUS has been getting a lot of press lately and I’m sure it's press they would prefer
Livestock Industry Opinions
May 21, 2010
It’s good to see someone attempt to trim the Environmental Protection Agency’s regulatory wings regarding their haphazard determination that carbon dioxide (CO2) is an air pollutant. Sens. Lisa Murkowski, R-AK, and Blanche Lincoln, D-AR, have proposed a Resolution of Disapproval
Livestock Industry Opinions
May 7, 2010
Cattle feeders have been selling fed cattle between $98 and $102 for nearly four weeks in a row and the cash market is still leading the way. If you look at the deferred futures and consider current fed and non-fed cattle supplies, this market appears to have some sustainability. This may be a different
Livestock Industry Opinions
Apr 30, 2010
Futures markets have been kind to the beef business over the past few months. Sometimes I don’t think we would have had this kind of price discovery without the futures markets, but then again, cash did lead the futures market around for a few weeks. Feeder cattle markets were also pushed into very high
Livestock Industry Opinions
Apr 23, 2010
Retail meat markets are starting to respond with higher prices at the meat case. The recent rally in the cattle markets looks like it will stick around for awhile. The boxed beef cutout appears to have found its comfort level in the mid- to upper-$160 range for the Choice product last week and has been trading steady there.
Livestock Industry Opinions
Apr 16, 2010
I hate to say it, but what goes up usually comes down. The stock market has been on a roll in recent weeks and the Dow has passed that magical 11,000 mark, hopefully providing fuel for improved consumer attitudes and increased discretionary spending. On the other hand
Livestock Industry Opinions
Apr 9, 2010
The cash fed cattle market advanced to over $1 this last week, and the futures went up to $99.45. This positive basis should keep cattle moving. This is about as good as it gets. Reports are that feeders are clearing $150-$200 a head on current cattle. While the recent market
Livestock Industry Opinions
Apr 2, 2010
The cattle markets had a nice rally last week after throwing a head fake the prior week. August feeders ran up to $114.07 and cash sales from Superior's last video sale are supporting these futures markets to some degree; the feeder cattle index is still about $108.
Livestock Industry Opinions
Mar 19, 2010
Two years ago, futures markets started to take off about this time of year. Grain, cattle and hog contracts took off like a rocket. Thoughts were that fed cattle would be in short supply and demand was pretty good. But, it just didn’t seem to make sense; the fundamentals


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