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Shoring Up The Leaky Dike of MPR
Thu Jul 29, 2010 04:08 PM CDT
With mandatory price reports scheduled to expire on September 30, the clock is definitely ticking on the much-needed repairs noted by Senator Grassley. I vigorously applaud the first two proposals, the former a bit more than the latter.
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Better Late Than Never
Thu Jul 22, 2010 06:03 PM CDT
There are signs this week that fundamentals have turned a big corner in the hog market.
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Japan's Twisted Diet
Fri Jul 16, 2010 02:47 PM CDT
The "twisted diet" in question has nothing to do with eel sushi and everything to do with Japanese politics. This phrase is now being used to describe the new division of power within Japan's government.
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Political Extensions
Thu Jul 15, 2010 01:54 PM CDT
Understanding what is going on in Washington isn't the same as liking it.
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Is That Barbecue Sauce On Your Shirt Or Just Red Ink?
Fri Jul 9, 2010 01:42 PM CDT
John Harrington reminds us that no one too scared to buy a ticket ever wins the lottery and the cattle market has never been a game for the faint-hearted.
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Putting Lassie Down
Thu Jul 8, 2010 01:48 PM CDT
It's time to exercise much-delayed wisdom by putting belly futures and the morning hog report down.
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JBS Hikes Captive Supplies
Thu Jul 1, 2010 03:19 PM CDT
Brazil's JBS, the world's largest beef producer, is buying an Arizona feedyard. What does that mean for negotiated cash prices?
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The High Cost of Predictability
Wed Jun 30, 2010 11:44 AM CDT
Private forecasters seem to have gotten very good at accurately predicting the government's quarterly census of U.S. swine population. So how are they doing it?
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Kissing Your Sister
Wed Jun 23, 2010 05:56 PM CDT
It's always a matter of alternatives. That's why cattle feeders are feeling pretty good this week about trading steers and heifers at steady money (i.e., $91 in the South, mostly $146 in the North).
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Painfully Cautious Optimism Concerning China
Fri Jun 18, 2010 03:24 PM CDT
While we can all think of a billion and a half reasons why these indefinite stories sizzle, there is still little concrete evidence to suggest that Chinese beef buying will explode anytime soon.
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Call Pork Anything But Late To Dinner
Tue Jun 15, 2010 05:19 PM CDT
I bet DTN readers can come up with even better marketing copy than NPR listeners' suggestions. Let's hear it. If you can think of the perfect new slogan for the pork industry, post it ASAP.
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Memo To BK: Reorder
Fri Jun 11, 2010 02:28 PM CDT
Burger King is having success with its new pork rib dish and that's good news for hog producers.
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Three Cautious Cheers for a Bigger World Expo
Thu Jun 10, 2010 05:01 PM CDT
It sounds like crowds at this year's World Pork Expo are both bigger and happier than they were in the early summer of 2009. And why wouldn't they be?
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Different Names, Same Resistance
Wed Jun 9, 2010 03:16 PM CDT
With political change in Japan, don't look for any official in that country to take on the cause of getting U.S. beef back on shelves.
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Three Months Does Not a Recovery Make
Thu Jun 3, 2010 05:47 PM CDT
Well, it was nice while it lasted. But after just 90 days of significant farrow-to-finish profits, long-suffering pork producers can already feel the good time slipping away.
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Why Napoleon Really Sold Louisiana
Fri May 28, 2010 12:17 PM CDT
Recently, I asked a rancher friend of mine when was the last time he took a vacation.
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Drill Baby, Drill?
Wed May 26, 2010 05:09 PM CDT
So this bad news may be really a bit of good news for those seeking higher blend rates and prolonged governmental help for ethanol. On the other hand, this unfortunate development may be even darker for livestock producers who believe the competing ethanol industry should finally be forced to stand on its own feet.
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Risk Aversion
Tue May 25, 2010 05:32 PM CDT
When the Dow plunged under 10,000 this morning, cattle futures followed with all four hooves. Never mind extraordinary processing margins, never mind seasonally strong beef demand, never mind that the board was already trading $5-6 below feedlot cash. None of this is relevant to the all-crucial euro zone.
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Live By The Sword, Die by the Sword?
Fri May 14, 2010 03:37 PM CDT
No, what happened today was long on emotion and panicky psychology, short on reason and facts. I'm not even sure that it will significant alter cash prospects through the balance of the second quarter.
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Position Hedges for Basis, Not Delivery
Thu May 13, 2010 05:52 PM CDT
While it usually make sense for feedlot managers to hedge steers with the contract month closest to the estimated date of finish, sometimes it's smarter to bet on spread and basis probability.