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Pete Crow, Publisher

Livestock Industry Opinions
Jun 12, 2009
Last week, the USDA supply demand report for grains suggested that the ethanol industry is estimated to consume another billion bushels, creating more pressure on the market and creating more pressure for cattle prices as well. In a report released last week by the Food Manufacturer Association and the National Turkey Federation, Implications for U.
Livestock Industry Opinions
Jun 5, 2009
This past week was a real lesson in the volatility of our cattle markets. Feeder cattle contracts took a beating, with the August contract taking nearly a $4 hit while chasing live cattle contracts down to new lows. I suppose there were some expectations that the mar.
Livestock Industry Opinions
May 29, 2009
Its time to start thinking about the summer cattle markets, or perhaps what to do this summer about the fall market, when most everyone delivers cattle. The big video sales are gearing up and well see what the first high-profile sale produces. These video sales seem to represent a peek into the fall calf and yearling markets.
Livestock Industry Opinions
May 22, 2009
Washington, D.C., is a busy place and the volume of legislation going through there is overwhelming. Too much for my liking. The irony is that most of it is overwhelmingly stupid. It’s no secret that we live in a global economy; that’s just the way it is. Passing free trade agreements is
Livestock Industry Opinions
May 8, 2009
Twenty-five years ago when the Beef Improvement Federation (BIF) only attracted about 60 folks, Expected Progeny Differences (EPDs) were the hot topic of the time. Two weeks ago, BIF held their annual meeting and gathered more than 450 people. This time, the major topics of concern were DNA and genome mapping.
Livestock Industry Opinions
May 1, 2009
The report was produced by the ususal universities with a cast that most everyone in the cattle and beef industry is familiar with. The report was funded by USDA. The report suggests that if beef producers do not adopt a full traceability system with at least a 90 percent compliance rate, we could lose $13.
Livestock Industry Opinions
Apr 17, 2009
Last week, the boxed beef cutout rallied around $10 from the previous week based on lower processing numbers. Cattle sold at $86 two weeks ago and moved up to $89- 90 on the cash market last week, which should put some profit back in the picture for both cattle feeders and packers.
Livestock Industry Opinions
Apr 10, 2009
Cattle markets are moving a little better; fed cattle trade was up to $85 last week and feeder cattle are a bit stronger. Grass fever should be adding a few bucks to the calf market soon, if it isnt already in some areas. With the summer high-demand grilling season around the corner, it will be interesting how consumers respond to beef prices.
Livestock Industry Opinions
Mar 27, 2009
There is only one way to phrase the nature of the congressional aggression over the AIG bonus situation last week: ?out of control.? The House of Representatives voted to pass a targeted tax on AIG employees who received bonuses. But it didn?t appear that the Senate wanted anything to do with the issue.
Livestock Industry Opinions
Mar 20, 2009
I have been traveling to bull sales the past few weeks and it is stunning how well the breeding bull market is going. Most operators are selling a lot of volume at good prices. I think having a $75-80 slaughter bull market last summer helped these bull sales in a big way.
Livestock Industry Opinions
Mar 6, 2009
It?sabsurd that Congress is dealing with a bill to ban the slaughter of horses in the U.S. Honestly, who are we to regulate what the rest of the world eats and desires, just because they are pets to some people and they can?t stand the thought of...
Livestock Industry Opinions
Feb 20, 2009
Cattle futures took a beating the day after Secretary of Agriculture Tom Vilsack announced he was going to ask the packing industry to voluntarily tighten up the regulations on Country of Origin Labeling (COOL).
Livestock Industry Opinions
Feb 13, 2009
I suppose big problems require big solutions, at least that?s what the political world seems to think. Seven hundred eighty-nine billion dollars for an economic stimulus bill that is built on a hope and a prayer is pretty amazing. This piece of wisdom passed in less than a week without any real debate.
Livestock Industry Opinions
Feb 6, 2009
CBB assigned a subcommittee the responsibility of coming up with a plan to streamline the organization and come up with a strategy for passing a new referendum which would increase the assessment to $2 and allow it to be increased later to $3. The task force asked nearly all producer groups to make comment on better ways for CBB to function.
Livestock Industry Opinions
Jan 30, 2009
Perhaps I spoke too soon regarding Country-of-Origin Labeling (COOL). The Obama administration decided to suspend any final rulemaking decisions and implementation of rules that have not been implemented.
Livestock Industry Opinions
Jan 23, 2009
Cattle processing has been a bit short of expectations so far this year. Two weeks ago, packers processed only 608,000 head and last week, it looked like it would be somewhere around 620,000 head. The reduced production is almost always an effort to raise boxed beef values and improve margins and it generally works.
Livestock Industry Opinions
Jan 16, 2009
Last week, the final rule was published for mandatory Country of Origin Labeling (COOL); the deed is done and packers are required to label product. Proponents of COOL won the war. Price differentials have been discovered with Canadian and Mexican cattle.
Livestock Industry Opinions
Jan 2, 2009
This is generally when we do the top 10 stories of the past year. I thought we might try and change that and look at what could be the top issues for the next year. Its clear that change is in the wind and I would expect the wind to start blowing Jan. 20 when President-elect Barack Obama is sworn in.

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