Cash hogs and cattle trade lower

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The cattle trade was pretty well wrapped up by Friday afternoon, but USDA Mandatory reported there was a light trade in Iowa on moderate demand with a few dressed sales at 205.00 with some having greater than a two week delivery. In Eastern Nebraska a few dressed sales sold from 198.00 to 202.00. Trade remained… Read more »

Closing Grain and Livestock Futures: May 27, 2016

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Jul. corn closed at $4.12 and 3/4, up 4 and 1/2 cents Jul. soybeans closed at $10.86 and 1/2, up6 and 3/4 cents Jul. soybean meal closed at $402.60, down $7.00 Jul. soybean oil closed at 31.48, up 44 points Jul. wheat closed at $4.81 and 1/2, up 1/4 cent Jun. live cattle closed at $119.70, up 77 cents Jun. lean hogs closed at $80.52, down 2 cents Jul. crude oil closed at… Read more »

Midday cash livestock markets

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USDA Mandatory reported cattle trading and demand was moderate in Kansas and the Texas Panhandle on Thursday. Compared to last week, live sales were 5.00 to 7.00 lower at 125.00. In the Northern Plains trade was light to moderate on moderate demand. In Nebraska a few live cattle sold from 124.00 to 125.00 and a… Read more »

GIPSA rule would cost pork industry millions

The National Pork Producers Council (NPPC) says implementation of the GIPSA rule would be devastating to the pork industry. NPPC past-president Dr. Howard Hill told a Senate Agriculture subcommittee hearing last week that a 2010 study by Informa Economics found the Grain Inspection, Packers and Stockyards Act would’ve cost the pork industry more than $350… Read more »

Livestock futures close higher

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A light to moderate cattle trade developed in parts of cattle country with the best test evident in Kansas and Texas. With most sales at 125.00, the Southern live trade is nearly $6.00 lower than last week. Asking prices on unsold cattle appears to be around 128.00 plus in the South, and 200.00 plus in… Read more »

Consumer voices will matter in livestock production

An animal care and welfare specialist says the attitudes consumers have towards the way livestock raised for production are treated is changing. University of Calgary’s Ed Pajor says the “humanization” of animals has created additional challenges for the nation’s livestock producers. But, he says producers today better understand the needs of animals than they ever… Read more »

Livestock market volatility emphasizes need for safety net

A livestock market specialist says the extreme volatility in the livestock markets emphasize the importance of risk management tools available through the Farm Bill. University of Missouri’s Scott Brown testified in front of the House Agriculture Committee on Tuesday about the current financial situation for the nation’s livestock producers.  He tells Brownfield in 2009 the… Read more »

Closing Grain and Livestock Futures: May 26, 2016

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Jul. corn closed at $4.08 and 1/4, up 3 and 1/2 cents Jul. soybeans closed at $10.79 and 3/4, down 5 and 3/4 cents Jul. soybean meal closed at $409.60, up $2.40 Jul. soybean oil closed at 31.04, down 30 points Jul. wheat closed at $4.81 and 1/4, up 15 and 1/4 cents Jun. live cattle closed at $118.92, up 77 cents Jun. lean hogs closed at $80.55, up 37 cents Jul. crude oil… Read more »

U.S. unprepared for foreign animal disease outbreak

  A pork industry leader says the U.S. needs to be better prepared to handle a foreign animal disease outbreak. On Thursday, past president of the National Pork Producers Council (NPPC) Dr. Howard Hill told a Senate Agriculture subcommittee hearing on livestock that foot-and-mouth disease (FMD) poses a serious threat to hog farmers. “USDA and… Read more »

Worker safety improving in meat and poultry processing

A new report shows employee safety continues to improve at meat and poultry slaughtering and processing facilities. The Government Accountability Office says injury and illness rates from 2004 to 2013 significantly declined.  Meat workers had higher rates of injuries and illnesses when compared to poultry workers. Hazardous conditions for workers include tasks associated with musculoskeletal… Read more »