Beef and pork values end lower

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A few bids on the cattle were reported by private sources in Kansas on Thursday afternoon from 165.00 to 167.00. But overall the market was generally quiet. Buying apathy suggests significant trade will be delayed until Friday. Asking prices are around 172.00 to 173.00 in the South and 270.00 plus in the North. Cattle slaughter… Read more »

Closing Grain and Livestock Futures: October 30, 2014

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  Dec. corn closed at $3.74, down 1 and 1/4 cents Nov. soybeans closed at $10.24 and 1/4, up down 1/ and 3/4 cents Dec. soybean meal closed at $380.00, down $17.20 Dec. soybean oil closed at 34.31, up 13 points Dec. wheat closed at $5.36, down 2 and 1/4 cents Oct. live cattle closed at $170.50, up $1.50 Dec. lean hogs closed at $87.20, down $1.40 Nov…. Read more »

Thursday midday cash livestock market

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We should start to see the packer inquiry into the cattle improve as the day progresses, however significant trade may not develop until Friday. So far on Thursday no bids have been reported. Asking prices are around 172.00 to 173.00 in the South and 270.00 plus in the North. Boxed beef cutout values were near… Read more »

Cattle buying interest limited

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Private sources reported a few bids on the cattle in Kansas at 168.00 live and in Nebraska at 165.00. 263.00 was bid on a dressed basis in Nebraska, but generally buying interest remained quite limited. Asking prices are firm at 172.00 to 173.00 in the South and 270.00 plus in the North. Business looks to… Read more »

Tuesday midday cash livestock markets

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There is not a lot of action in cattle country so far on Wednesday. Bids and asking prices are still a little sketchy, but some ready steers and heifers have been priced around 172.00 to 173.00 in the South and 270.00 plus in the North. This week’s cattle slaughter is expected to drop back toward… Read more »

U.S. works to regain lamb business in Taiwan

U.S. lamb producers are trying to regain access to international markets that are still closed because of issues related to the 2003 bovine spongiform encephalopathy case in Washington state. U.S. Meat Export Federation technical services manager Travis Arp says an especially attractive high-value market for U.S. lamb is Taiwan. “The hotel and restaurant sector is… Read more »

Stressing the importance of agriculture in Minnesota

A number of farm groups in Minnesota have joined together to form “A Greater Minnesota”.  AGM seeks to spread the word about the importance of good farms, good food and good jobs in the state.   With the election next week, the group is asking members to ask their candidates to take “The 5 Point… Read more »

Lean hogs finish higher

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Cattle country was quiet on Tuesday and significant trade is not expected much before the end of the week. Although asking prices are not well defined, some cattle have been priced around 172.00 to 173.00 in the South and 270.00 plus in the North. The kill totaled 114,000 head, 1,000 below last week, and 9,000… Read more »

Closing Grain and Livestock Futures: October 28, 2014

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  Dec. corn closed at $3.64 and 1/2, up 1 and 1/2 cents Nov. soybeans closed at $10.08, up 2 cents Dec. soybean meal closed at $375.10, down $1.70 Dec. soybean oil closed at 32.79, up 56 points Dec. wheat closed at $5.30 and 3/4, up 8 cents Oct. live cattle closed at $169.20, down 35 cents Dec. lean hogs closed at $90.20, up $1.15 Nov…. Read more »

Another Nebraska county is ‘Livestock Friendly’

Knox County is Nebraska’s newest county to receive the “Livestock Friendly County” designation through the Nebraska Department of Agriculture. Knox County is the 28th county to receive that designation. The Livestock Friendly classification demonstrates a county’s commitment to rural economic development through livestock production.  To receive the designation, the county board must hold a public… Read more »