Home / Articles / by Pete Crow, Publisher
 

Pete Crow, Publisher

Opinion
Jun 7, 2013
This farm bill will cost nearly a trillion dollars over 10 years, according to the Office of Management and Budget, and will save somewhere between 24 billion over the 10-year span. I honestly don’t understand how Congress got into this 10-year budget idea.
Opinion
May 31, 2013
Market fundamentals are starting to look pretty good right now although a few things look a little out of line. The beef industry finally got the cutout over $2 on May 2 and it has remained there with the top coming in just before Labor Day at $211.67. The last.
Opinion
May 24, 2013
First I have to say that states that have seat belt laws have them for good reason. The Montana Highway Patrol said that they would have had a good chance of making it if they were wearing their seat belts. The Highway Patrol also told us that there have been seven accidents on that same curve in the last two weeks.
Opinion
May 10, 2013
Wholesale beef prices finally moved over the $200 mark and have remained there for the past five days. Last Thursday, Choice beef was $3.00 higher at $204.67 in the afternoon report. Trade volume has been light as everyone tries to adjust to this new price point.
Opinion
May 3, 2013
Corn is back in the news and it looks like the livestock industry has re-armed and is going after the Environmental Protection Agency (EPA) again over the Renewable Fuel Standards (RFS). Bob Goodlatte, R-VA, proposed legislation a few weeks ago that would reform the law.
Opinion
Apr 26, 2013
Boxed beef started to move higher last week and beef markets were turning more active for middle meats. Let’s hope that folks feel an overwhelming need to fire up the grills after several weeks of pent up demand from the delay of grilling season. Lateseason snows have hammered Plains states the past few weeks.
Opinion
Apr 19, 2013
have to wonder how US- DA will finally deal with Mandatory Country of Origin Labeling (MCOOL). I took a good look at the comments filed at USDA’s filing website, and if USDA looks at them closely, from a number of points of view, the beef industry will have a problem and CROW.
Opinion
Apr 5, 2013
The corn report sent corn prices into a tail spin, losing nearly $1 in the three days that followed Thursday, March 28. Conversely, feeder cattle were up the limit, $3, that Thursday and have been quite strong since, which suggests that the low for feeder cattle may have arrived.
Opinion
Mar 29, 2013
When you buy your bulls to breed the cows, you have tons of data that you can utilize to pick the right bull for your needs, and the list of selection traits is getting longer and more accurate. Add in the new DNA gene marker data and you have even more information to pick just the right bull.
Opinion
Mar 22, 2013
Cattle feeders are finding a little relief these days with feeder cattle prices much lower than a year ago. All classes of feeder cattle are down nearly $20/ cwt., which should give cattle feeders a chance to earn back some of their equity that has been lost over the past year.
Opinion
Mar 15, 2013
Mandatory Country of Origin Labeling (mCOOL) has been a contentious issue in the past and will continue to be contentious. The mandatory labeling law went into effect in 2009 and was a product of the 2002 farm bill. It took a lot of arm twisting to get Congress to.
Opinion
Mar 8, 2013
This sequester situation sure has to make one think about having faith in government. We all know that the federal government has been on a spending spree since President Obama took office four years ago. The thought of them being forced to cut 2.4 percent out of their 3.
Opinion
Feb 22, 2013
Fewer people are buying beef and even with smaller fed cattle supplies, the market isn’t responding to lower prices. The beef cutout value toyed around with $2 beef over the holidays but has been in a tail spin since the New Year; the beef cutout was CROW.
Opinion
Feb 15, 2013
Last week’s cattle industry convention held in Tampa, FL, was, for the most part, uneventful, and I suppose the National Cattlemen’s Beef Association prefers it that way after years of arguing over the checkoff and governance issues. There was a new committee structure in place that seemed to produce CROW.
Opinion
Feb 1, 2013
The live cattle market regained all the losses that were realized two weeks ago after Cargill announced the closing of their Plainview, TX, beef plant. The market has made nearly a full recovery. I’ll admit, it was a bizarre day at the CME when the news came about.
Opinion
Jan 18, 2013
Beef sales for 2013 have started off with a big thud; consumer demand is fading in the shadow of less expensive pork and poultry. Competing with those meats in the grocery store will be a big challenge for the beef industry this year. Most market watchers were looking for the beef cutout values to get much closer to $2 by now.
Opinion
Jan 11, 2013
I can feel it coming. That word sustainability is coming around again and from what I can see, it may be getting more political, driving food policy in the U.S. Last week, I stumbled upon an article from an Israeli university that was promoted by Israel’s green party.
Opinion
Jan 4, 2013
are currently very nice premiums for feeder cattle and live cattle on the futures markets. August feeders are at $163.50 and the February live cattle contract is at $133.70, with April at $137.10. The futures markets are offering good hedges and producers ought to take a look at locking down CROW.
Opinion
Dec 28, 2012
The so called fiscal cliff is set to occur early this week and it doesn’t appear that our leaders in Washington, D.C., are too concerned about the issue. There was a little noise made last Thursday. But it’s becoming apparent that we’ll take that ride over the cliff and it is probably CROW.
Opinion
Dec 21, 2012
We’re just about to close out another year and beef production is only 388 million pounds short of last year’s beef production numbers. Ironically, we did it processing 1.2 million fewer cattle passing through packing plants. Carcass weights were much larger than normal.
Sales Calendar


Goto live view to see the calendar