Harrington's Sort & Cull
John Harrington DTN Livestock Analyst

Friday 09/12/14

Beef's Bumper Bummer
In estimating a record corn harvest of 14.4 billion bushels this week, the USDA unwittingly delivered very bearish news to the beef industry.[Read Full Blog Post]
Posted at 3:08PM CDT 09/12/14 by John Harrington | 0 Comments | Post a Comment
 

Friday 08/22/14

The Lost Grills of Labor Day?
Where have the Labor Day barbeques of our youth gone?[Read Full Blog Post]
Posted at 1:26PM CDT 08/22/14 by John Harrington | Post a Comment
Comments (3)
Cash strapped wage earners just can't afford to pay these kinds of prices at the stores for beef, pork......its a rich mans item any more kind of like shrimp and lobster. Now with corn at 3.00 or less, when will meat products start going down at the store? Ethanol has not done much for the American consumer really. I think some of the agriculture entities are going to be in for a bumpy ride. Late model used combines seem to be taking a real hit now. Livestock equipment seem to be doing ok. 1400-1600 dollars for a calf ? How many people are going to jump into to the cattle business? When will this peak before it crashes? Lots of uncertainties in this world, it seems.
Posted by GWL 61 at 11:49AM CDT 08/24/14
At this time, beef has a long row to hoe...we are at all time lows of beef cows as many farmers sold off the cows, tilled up the pastures and are now farming those acres....drought in many areas has also made it hard for ranchers to expand. Now with the high price of replacement heifers it may become worse as you have feedlots trying to purchase the same heifers that the rancher wants as replacements...this also makes it hard for any young person that WANTS to get into the cattle business....takes way to much capital to start up, so dad or grandpa will need to help. With pork we have had some time to get beyond the PED and pig survival has been really good in our area...HOWEVER, PED likes the cooler temps and may come back this fall and winter...I hope not as I have friends who are pork producers and its not a fun thing when the PED hits the barn. If they can get PED under control, pork will probably be the meat of choice for families in the future...litters of 10 make more meat than the single calf.
Posted by Corey Gall at 11:39AM CDT 08/26/14
the habit of under paying for ag products needs to stop so stability can happen what the market people do not want.It is a threat to security in our country
Posted by andrew mohlman at 9:55PM CDT 08/26/14
 

Friday 08/15/14

Basis Anarchy
Livestock markets are often demonstrations of the tensions between speculative investing and the demand for real flesh-and-blood fats and feeders.[Read Full Blog Post]
Posted at 2:42PM CDT 08/15/14 by John Harrington | 0 Comments | Post a Comment
 

Friday 07/25/14

Radically Short-Bought
Beef processors and retailers once thought they knew all about the short-bought game. But the extraordinary summer of 2014 has taken the procurement strategy/awkward necessity to a whole new and frightening level.[Read Full Blog Post]
Posted at 4:40PM CDT 07/25/14 by John Harrington | 0 Comments | Post a Comment
 

Friday 07/18/14

When the Board Gets Bored
Once the board gets bored, long-standing friends of the trend need to get out of the way.[Read Full Blog Post]
Posted at 5:22PM CDT 07/18/14 by John Harrington | 0 Comments | Post a Comment
 

Friday 07/11/14

When Bubbles Pop
The wild party in the feeder cattle market that once seemed unending has finally started to wind down this week as multiple rounds of limit losses in the feeder pit signal the equivalent of bar stools turned upside down.[Read Full Blog Post]
Posted at 1:04PM CDT 07/11/14 by John Harrington | 0 Comments | Post a Comment
 

Thursday 07/03/14

Coals to Newcastle?
Whatever benefit the slumping corn market lent to further strength in the feeder pit this week was about as meaningful as Dick Cheney encouraging the Iraqi government to "hang in there."[Read Full Blog Post]
Posted at 4:19PM CDT 07/03/14 by John Harrington | Post a Comment
Comments (1)
The famous livestock feeder? not subsidated, I cant print this , but my ???
Posted by Mark Knobloch at 2:37PM CDT 07/09/14
 

Monday 06/30/14

Singing In the Rain
Although the 2014 grazing season got off to a slow and chilly start, grass potential has soared since Memorial Day thanks to the best June rainfall seen in years.[Read Full Blog Post]
Posted at 5:31PM CDT 06/30/14 by John Harrington | 0 Comments | Post a Comment
 

Friday 06/13/14

Goodbye Facts and Analysis, Hello Emotion and Dumb Luck
It's critical for both commercial and spec traders to honestly recognize the cattle market seems to be in the process of stepping through the looking glass, stepping beyond conventional assumptions and logic regarding fundamentals, moving outside the traditional rules of technical interpretation.[Read Full Blog Post]
Posted at 3:55PM CDT 06/13/14 by John Harrington | Post a Comment
Comments (1)
John, the charts are working fine. They say there is no upside resistance in cattle, and there is none! But futures were heavily discounted to cash and now they are rallying to where cash is trading, at the end of the delivery period. That is classic convergence. Hogs seem to be taking rather long excursions away from the CME Index, but they do come back at expiration. Don't get me wrong, this thing is eventually going to end ugly. Markets are the most bullish at the top, and it is going to be the technicals that tell us when the foundation is rotten enough for the building to collapse.
Posted by Unknown at 7:31AM CDT 06/27/14
 

Friday 06/06/14

Bad Dreams Not Entirely Forgotten
BSE seemed to rear its ugly head again this week. But, thankfully, the markets were not affected.[Read Full Blog Post]
Posted at 2:36PM CDT 06/06/14 by John Harrington | Post a Comment
Comments (1)
BSE and other terrible diseases are out there. The U.S. beef industry really needs precise traceability from the grocery store all the way back to farm/ranch and the breeding stock that produced the animal. We cannot afford not to have this system in place. But we go on with some false sense of misplaced security that what we have is adequate.
Posted by JAMES WINELAND at 6:35AM CDT 06/09/14
 

Friday 05/30/14

Take the Hog Market, Please
Waiting for the PED punch line.[Read Full Blog Post]
Posted at 3:18PM CDT 05/30/14 by John Harrington | 0 Comments | Post a Comment
 

Friday 05/09/14

Summer Hog Futures Play Like Broken Accordion
The summer live hog futures contracts are having a hard time playing a bullish tune.[Read Full Blog Post]
Posted at 3:05PM CDT 05/09/14 by John Harrington | 0 Comments | Post a Comment
 

Friday 05/02/14

Dancing the Bullish May Pole
From CME wall to CME wall, a frantic combination of new buyers and panicky short-coverers laid a sprawling carpet of all-time historical highs Thursday.[Read Full Blog Post]
Posted at 6:28AM CDT 05/02/14 by John Harrington | 0 Comments | Post a Comment
 

Friday 04/18/14

Behind the PED Curve
Nearly a year after the initial surfacing of the worst livestock disease to hit U.S. herds in several generations, the painfully deliberate and cautious minds in Washington finally sprang into action.[Read Full Blog Post]
Posted at 3:13PM CDT 04/18/14 by John Harrington | 0 Comments | Post a Comment
 

Wednesday 04/02/14

Efficiency in Another Key
If the PED death toll significantly dries up over the warmer months ahead (as many suspect), pig production could conceivably rocket higher as efficiencies begin firing from both barrels.[Read Full Blog Post]
Posted at 4:50PM CDT 04/02/14 by John Harrington | Post a Comment
Comments (1)
Seems as if when things are going great someone wants to "Rain on Our Parade". If you are so sure about your PEDv comments let's see you "sell the market". We're you so sure of yourself when the market was going up everyday. Seems as if I read like comments years ago on the grain side. I wonder how well you and your kind handle margin calls. I sure wouldn't be betting against this market right now and especially not before Easter. Seems as if momentum backs-off before Easter every year
Posted by Gale Schaefer at 10:43AM CDT 04/10/14
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Recent Blog Posts
  • Beef's Bumper Bummer
  • The Lost Grills of Labor Day?
  • Basis Anarchy
  • Radically Short-Bought
  • When the Board Gets Bored
  • When Bubbles Pop
  • Coals to Newcastle?
  • Singing In the Rain
  • Goodbye Facts and Analysis, Hello Emotion and Dumb Luck
  • Bad Dreams Not Entirely Forgotten
  • Take the Hog Market, Please
  • Summer Hog Futures Play Like Broken Accordion
  • Dancing the Bullish May Pole
  • Behind the PED Curve
  • Efficiency in Another Key
  • The Feeder Pit as Broken Rain Gauge
  • The Great Ghost Rally
  • Ambushed?
  • Let the Games End
  • Brawley Plug Pulled