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Plains Fed Cattle Active
Again
Wednesday For Second Go-Round
Plains cattle feeders have had two pleasant surprises in a week’s
time, selling cattle on Wednesday morning both this week and last.
The going price both times was $95-95.50, two to three dollars
better than the week before last.
Post-Holiday Sheep Trade
Mostly Better
The holiday-shortened week last week did not have a negative effect
on the sheep market as most offerings were able to post gains. In
San Angelo there were few feeders, but the money held compared to
two weeks ago. Light slaughter lambs were as much as $3 higher with
heavier lambs holding steady and ewes up as much as $2.
Slaughter Meat Goat Prices
Steady To Higher Where Tested
Slaughter meat goat prices were steady to higher in most tested
markets this week. Fredericksburg called prices steady, San Angelo
firm, Hamilton $7-10 higher, and New Holland, Pennsylvania $5-10
higher per head. Goldthwaite did not sell Friday because of the
Thanksgiving holiday, and winter weather held Junction’s receipts to
a negligible figure.
RANGE SALES
Experts Discuss Risk
Management
As Basis For Strategic Planning
Strategic planning is a good idea whether you’re in the banking
business, car business or the cattle business. It’s a particularly a
good idea in volatile times such as these.
Potentially Lucrative
Japanese
Beef Market Remains Difficult
"Currently, Japan is open to all products with a few minor
exclusions," said Chuck Lambert, deputy undersecretary for marketing
and regulatory programs for USDA, "but most products are eligible."
Economist Sees High Fed
Cattle
Prices, Uncertain About Calves
Live cattle prices could reach record highs in 2008, according to a
Kansas State ag economist, but what will happen to calf prices is
anybody's guess.
NCBA Spokesman Says
Premise ID Most Important Segment Of NAIS
In the ever-changing world of animal identification, Jay Truitt, the
National Cattlemen's Beef Association's vice president for
governmental affairs, notes that the U.S. Department of
Agriculture's Animal and Plant Health Inspection Service has finally
released its business plan to advance animal disease traceability.
Congressional Quartet
Pushing
For Extension Of 2002 Farm Bill
A trio of Congressmen from West Texas and one from Western Oklahoma
want to extend the 2002 Farm Bill because the Senate appears to be
unable to agree on a proposed replacement.
Animal Health
Officials Remain
Hot For Mandatory Livestock ID
A trio of officials from the California Department of Food and
Agriculture told a joint meeting of the California Cattlemen's
Association and Nevada Cattlemen's Association that there is a need
for animal identification and that it's coming.
Wind Energy Opinions
Plentiful,
Agreement Not Nearly As Common
Wind energy is a controversial subject these days, and emotions run
high on both sides of the issue. This was evident at the Wind and
Wildlife Conference here recently where heated questions were asked
by the audience, and the Point/Counterpoint section showed that
there are definitely two sides to this story.
Fallout Of Horse
Slaughter Ban
Exactly What Critics Predicted
Ranchers in the Old West saw their horse herds depleted by rustlers.
Today people are abandoning unwanted domestic horses on ranches and
public lands.
Japan
Snubs U.S. And Canadian
Efforts To Widen Beef Exports
Meeting in
Rome recently, Japanese officials snubbed requests from both the
U.S. and Canada to unconditionally lift all its anti-BSE beef import
restrictions.
TAHC Delaying New TB
Rules On Dairy Cattle
Livestock health officials have delayed enforcement through March 31
for a new in-state movement requirement for Texas dairy breed
cattle. The cattle tuberculosis regulation, adopted in September by
commissioners for the Texas Animal Health Commission, requires Texas
dairy cattle to be identified prior to movement within the state.
Because they are managed in close confinement, dairy animals can be
at a greater risk for disease exposure if an infected animal is in
the herd.
Feds Seek To De-List
Gray Wolf
As Numbers Soar In The Rockies
For rancher Randy Petrich, the removal of gray wolves from the U.S.
endangered species list — a move that would open up the animals to
hunting in the Northern Rockies for the first time in decades —
could not come soon enough.
Government Revamping
“No-Match” Crackdown
The government says it will rewrite rules for penalizing employers
of illegal immigrants to try to satisfy a federal judge in San
Francisco who put the crackdown on hold.
Amarillo Feeder Steer,
Heifer Prices Higher
Feeder steers and heifers under 700 pounds were $2-5 higher,
slaughter cows and bulls steady to $1 higher. Receipts totaled 969
head.
Angelo Packer Lambs, Ewes
Firm To Higher
Slaughter lambs sold firm to $3 higher Tuesday, the greatest advance
on light lambs, slaughter ewes firm to $2 higher, kid goats firm,
nannies firm to $2 higher. Receipts totaled 7100 head.
Boxed Beef Cutout Prices
Turn Higher
The national comprehensive boxed beef cutout report for last week
showed prices up $1.44 from the previous week at $143.42. A year
ago, the cutout value was $140.49.
Crockett Auction Sold
1600 Head Of Cattle
No market trends were available due to the reporter’s absence the
previous week. Receipts totaled 1600 head.
Hamilton Lambs Steady, Cattle Steady To
Higher
Lambs sold steady Monday, kid goats $7-10 higher, nannies steady to
higher. Other sheep and goat trends were unreported on receipts of
986 head.
Imported Meat Total 10.73%
Below Year Ago
Imported meat for the week ending October 13 totaled 20,925 metric
tons. This compares to 23,440 metric tons for the same period last
year and is a 10.73 percent decrease. The following figures
represent metric tons.
Industry Feed Cattle Sell
$2-4 Higher
Feeder steers and heifers $2-4 higher, slaughter cows $1-2 higher,
slaughter bulls steady. Receipts totaled 779 head.
Fredericksburg Lambs Up
$2-3, Goats Steady
Stocker and feeder lambs were $2-3 higher, light slaughter lambs
$3-5 higher, heavyweights steady, stocker and feeder goats steady,
slaughter goats steady. Receipts totaled 3186 head.
Mohair Wool LDP Unchanged
WASHINGTON — As of Wednesday the LDP remained at 49 cents. The LDP
for ungraded wool also remained unchanged at 15 cents.
U.S. Meat Production .4%
Above A Year Ago
Total red meat production under federal inspection last week was
estimated at 872.1 million pounds, 12.1 percent lower than the
previous week and .4 percent below last year. Cumulative meat
production for the year to date was two percent above last year.
Most Milano Feeder Cattle
$2-4 Higher
Feeder steers and heifers were mostly $2-4 higher, slaughter cows
steady to $2 higher, slaughter bulls steady. Receipts totaled 696
head.
Holiday Interruption
Precludes
Clear Feeder Cattle Trend Test
Reduced marketings during the Thanksgiving holiday-shortened period
preclude a clear picture of nationwide feeder cattle prices last
week, but there were positive signs.
Pleasanton Sells 653
Head Of Cattle
No market trends available due to Thanksgiving Holiday closing.
Receipts totaled 653 head.
National Finals Set To Begin;
Brazile Joins Elite PRCA Group
PRCA’s regular season has come to an end and the national finals are
now just around the corner.
Three Rivers Feeder Cattle
Firm To $4 Up
Feeder steers and heifers were firm to $4 higher, slaughter cows
$1-3 higher, slaughter bulls firm. Receipts totaled 525 head.
Tulia Feeder Steer, Heifer
Prices Rise
Feeder steers and heifers under 600 pounds were $2-5 higher, over
600 pounds steady to $2 higher, slaughter cows and bulls limited
test. Receipts totaled 1204 head.
Bulls Average $3063 In
Vermilion Fall Sale
The Vermilion Ranch Fall Performance Spectacular sale averaged $3063
on 228 fall yearling and two year-old bulls, $2180 on 187 registered
bred cows, $1594 on 122 registered bred heifers, $1390 on 83
commercial bred cows, and $1381 on 1317 commercial bred heifers.
Domestic Wool Quiet, Aussie
Market Higher
Domestic wool trading remained at a standstill last week with no new
confirmed sales and light to moderate demand for the balance of
unsold wool.
Hindsights
Coming Up...
December 1
— Special Replacement Female Sale, Jordan Cattle Auction, San Saba,
Texas.
December 6
— Special Stocker and Feeder Sale, Jordan Cattle Auction, San Saba,
Texas.
December 7-8
— Winter Horse Sale, Roswell Livestock Auction, Roswell, New Mexico.
December 10
— Special Stocker and Feeder Calf Sale, Producers Livestock Auction,
San Angelo, Texas.
December 10
— Special Stocker and Feeder Sale, Jordan Cattle Auction, Mason,
Texas.
December 15
— Special Tack/Open Consignment Sale, Speer Horse Company, Talpa,
Texas.
December 20
— Last issue of the Livestock Weekly for 2007. The first issue of
2008 will be dated January 10. |