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Rain and disease reduce red meat production outlook

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Written by Kenneth Mathews   
Tuesday, 26 August 2014 08:48

Production forecasts for the corn and soybean crops to be harvested this fall indicate the potential for ample feed supplies. As a result, corn prices are declining. The recent rains have also improved pasture conditions in most of the northern half of the U.S. Despite recent improvements, most of the Southern Plains, Southwest and West remain under serious drought conditions.

 

U.S. pork, beef exports on record pace through June

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Monday, 11 August 2014 12:27

U.S. pork and beef exports remained strong in June, pushing export value for both products to a record first-half pace according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

 

Recent rains could further boost feeder cattle prices

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Written by Kenneth Mathews   
Wednesday, 23 July 2014 15:43

Precipitation in the Southern Plains recently could lead to reduced cow slaughter for the remainder of the second quarter and beyond if there is sufficient follow-up precipitation. However, as welcome as was the precipitation, it was well short of that needed to break the drought in the Southern Plains, Southwest and West.

 

Drought continues to boost cow slaughter

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Written by Kenneth Mathews   
Tuesday, 24 June 2014 13:27

CME feeder cattle indexSoil-moisture conditions in the Southern Plains have continued to deteriorate, and drought-affected areas appear to be expanding northward.

 

Summer cattle market conditions

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Written by Derrell S. Peel   
Monday, 23 June 2014 08:07

Summer officially started this past weekend and cattle markets so far have shown little of the seasonal pressure that has been expected. Fed cattle prices have strengthened counter-seasonally the past three weeks and cattle slaughter has continued down year over year. Feedlot marketings are expected to increase in June but the sharp spike in feedlot supplies that was implied by earlier placements may not materialize that way.  

 

Feeder cattle markets at mid-year: 2014 vs. 2013

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Written by Derrell S. Peel   
Tuesday, 17 June 2014 15:43

We are approaching mid-year with feeder cattle prices at historic levels and showing little sign of slowing down. The question of what to expect in the second half of the year is on many minds. So far, 2014 has been in sharp contrast to the first half of 2013.

 
 


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