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Steve Kay, Contributing Columnist

Livestock Industry Opinions
Aug 10, 2012
Beef producers face the most widespread drought in their lifetimes. This means their drought management options are fewer than in years when droughts might have been just as severe but much more local. Take the historic Texas-Oklahoma drought that finally broke this spring.
Livestock Industry Opinions
Jul 6, 2012
We may be a ground beef nation but steaks still put the sizzle in wholesale beef prices and underpin fed cattle prices. That’s what occurred this spring, as beef cutout values responded to aggressive retail featuring of steak items for the Memorial Day weekend and throughout June.
Livestock Industry Opinions
Jun 1, 2012
Exports are a key contributor to the economic health of the U.S. beef industry. They allow the industry to maximize the value of certain cuts and by-products that have a much lower value at home. And they provide a counter-balance to the domestic market. The result is that exports boost cattle prices.
Livestock Industry Opinions
May 4, 2012
How much Americans spend on beef and how much they buy is how the industry determines domestic beef demand. Because all wealth to the industry comes from consumers, demand trumps everything else. This will be especially important the next two months as supplies of market-ready cattle start to increase seasonally.
Cattle and Beef Industry News
Mar 2, 2012
I ’ m a great fan of Costco, especially the way the warehouse chain sells beef. From the moment I see the giant “USDA Choice” banner above its fresh meat case, my pulse quickens as I anticipate finding a great beef deal. True to form, a visit last week produced not one but two terrific buys (although one wasn’t in the fresh case).
Cattle and Beef Industry News
Feb 3, 2012
Industry leaders have rightly focused on the shrinking U.S. cattle herd as one of the industry’s biggest issues. While a smaller herd means higher prices for cow/calf producers, it means small or negative margins for everyone else in the beef chain. And it’s not healthy for only one sector to be making money.
Cattle and Beef Industry News
Sep 30, 2011
This should be the best of times for beef producers. National herd numbers have fallen each of the past four years, yet domestic and global beef demand has improved steadily since the end of the 2008 recession. The U.S. has reclaimed its position as the world's leading beef exporter.
Livestock Industry Opinions
Jul 29, 2011
Although we export only 12-14 percent of our production, strong global demand has raised beef prices and has partially offset spluttering demand at home. Exports have significantly raised cattle values. The export boom is adding more than $200 per head to the value of fed cattle.
Livestock Industry Opinions
Dec 3, 2010
The continued strength of the feeder and fed cattle markets makes a mockery of claims that the market is broken. Just a month or so ago, some analysts were forecasting that fed cattle prices would fall to $90 per cwt. or go even lower. Yet cash prices topped $100 again the week before last and went even higher last week.
Livestock Industry Opinions
Oct 29, 2010
Here's a simple question to start. Why do you think live cattle prices shot above $100 the week before last? I'm sure you know the reasons, but let me offer another. Packers are throwing money at cattle feeders in a brazen attempt to bribe them into opposing the proposed Grain Inspection Packers and Stockyards Administration (GIPSA) rule.
Livestock Industry Opinions
Oct 1, 2010
The Great Recession might be over, but that's little comfort for the millions of Americans still out of work or working reduced hours. In fact, our nation of conspicuous spenders has become one of extremely cautious spenders, and this new attitude continues to show up in food spending.
Livestock Industry Opinions
Sep 3, 2010
Livestock producers have long had an ambivalent attitude about meat packers. They complain that packers make profits at their expense. Yet when producers own meat companies, the results have often been disastrous. Producers have discovered that operating a successful meat plant or company has unique challenges not understood by outsiders.


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