Tag Archives: cattle prices

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Export expectations

Every year there are 78 million more people in the world. That’s like New York City…times five. To a gal who can only see a few farm places—with a whole lot of corn and cattle in between—from her home office, that number is really hard to imagine. It’s also hard to think it has anything […]

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Expectations

“Record high cattle prices!” When you’re sharing news like that at a cattle industry outlook seminar, you’d expect the audience to be teeming with excitement. That is if it’s a crowd of cow-calf producers. Mark attended the CattleFax 2014 Outlook and Strategies Session last week where he said the mood was decidedly mixed. “The audience is […]

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Hot topics, On the road
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Expensive bulls aren’t that expensive

Mark McCully, our assistant vice president for supply, has been traveling to bull sales this spring and that got him thinking….read on to find out what’s on his mind. –Miranda Growing up I remember arguing with my parents, telling them their economic reference points were stuck in the 1950s. They would tell me about times when a […]

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A new paradigm, again

It’s pretty much a law: When corn prices get high, feeder cattle go down. Why? Well, take a look at what cost of gain (COG) does in response.  Take another look at that chart. See what the high-performing cattle do vs. the low performers? As corn price increases, the COG on those high-performers doesn’t increase […]

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Hot topics, The Meat Market
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Expensive steak doesn’t have to cost us customers

Just as I hit “publish” on yesterday’s blog post, a fellow employee sent around an article from the Wall Street Journal, “Steakhouse Diners Feeling the Bite as Prices Rise.” The lead kind of sums up that problem I brought up yesterday, “To hike or not to hike? That is the question facing steakhouses and restaurants […]

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