1. Hot weather to put freeze on cattle prices? Hot weather to put freeze on cattle prices? Friday, June 22, 2007 Cattle prices this summer could start to cool down as the weather heats up, according to one market analyst. Chris Hurt, Purdue University ag economist, believes live cattle prices this summer could dip into the high-$80 range. USDA reported on Friday in its monthly cattle on feed report that the cattle inventory, at 11. Slaughter numbers also remained high through June which indicated to Hurt that cattle inventory could...
Source • Illinois Farm Bureau,IL •
2. DJ US Cash Cattle Midday: Markets Quiet As Traders Count Heads Department of Agriculture reported choice beef prices at midday were down $0. KANSAS CITY (Dow Jones)--Cash cattle traders in the central and southern Plains Monday said packer buyers are not yet bidding for slaughter-ready cattle while the industry goes about counting the number of cattle being brought to market this week. Select beef prices were off $0. Traders were concerned about weakness in beef markets and whether it would cause packers to pare their slaughter rates, brokers and...
Source • Missouri Ruralist,MO •
3. Aussie dollar puts pressure on cattle prices The high Aussie dollar is putting pressure on cattle prices for the export market. Aussie dollar puts pressure on cattle prices. close to [the] 85 mark, you're looking at a 15-year high against the Japanese yen so its having a fairly significant impact even though our export sales for May were still well up there in terms of the saleyards," she said. Over the past two weeks the dollar has hovered between 81 and 85 cents. National Livestock Reporting Service's Nicole Varley says that is...
Source • ABC Online,Australia •
4. Taiwan lifts ban on Canadian beef imports TAIPEI, Taiwan (AP): Taiwan has lifted a four-year-old ban on Canadian beef imports that followed a mad cow disease scare, but the meat is restricted to boneless cuts from cattle under 30 months old. The department said imported beef must also be free of brain or spinal material, believed to have a higher risk of carrying mad cow disease, also called bovine spongiform encephalopathy or BSE. Canada has had 10 reported BSE cases since the country's first discovery, on May 20, 2003, which...
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5. Midwest Messenger cattle markets prices but could affect the industry's competitiveness in the international arena and consumer confidence, according to a Montana agricultural economist. cull cow price will dive to the Canadian cull cow price because the small markets will follow the big market every time, said Gary Brester, Montana State University agricultural economist during the Livestock Nutrition Conference in April in Bozeman, Mont. cull cow price will dive to the Canadian cull cow price because the...
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6. S. Korean housewives monitor U.S. beef The housewives will also launch campaigns to raise people's awareness of the risk of mad cow disease, and will demand the government halt importing the meat, she added. It agreed to import only boneless meat from cattle under 30 months old, which are thought to be less at risk of carrying the illness. beef amid a campaign to get the government to halt recently resumed American beef imports. beef is being sold, and where in the country the beef originated, said Go Bong-kang, a member of the...
Source • 6/11/2007 •
7. Taiwan Ends Canadian Beef Import Ban Prompted by Mad-Cow Cases June 23 (Bloomberg) -- Taiwan's government today ended a ban on Canadian beef imports imposed four years ago because of mad- cow disease. Canadian cattle and beef exports dropped to C$1. The illness has a rare but fatal human form that has infected more than 150 people worldwide since the early 1990s. The island only will allow meat that's boneless and cut from cattle less than 30 months old, the Department of Health in Taipei said in a statement on its Web site today. The World...
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8. Taiwan to allow some beef imports The department said imported beef must also be free of brain or spinal material, believed to have a higher risk of carrying mad cow disease, also called bovine spongiform encephalopathy or BSE. The Department of Health said the decision, which took effect Saturday, was made after Taiwanese inspectors concluded Canadian beef is free of the risk of mad cow disease following stepped up control in the country. Taiwan banned Canadian beef imports in May 2003. Before the ban, Taiwan was Canada's...
Source • 15 hours ago •
9. Demand For Corn Could Mean Higher Meat And Milk Prices Cattle raisers are keeping their animals on pasture longer rather than taking them to feed yards. Demand also motivates farmers to plant more acres of corn and fewer acres of forage crops like alfalfa or milo. That means it takes more money to feed and raise cows, a cost many say will eventually be passed on to consumers. Falling supply of cattle and rising demand for corn create what feed yard manager Kyle Williams calls a "double whammy. Some mother cows were sold off during recent...
Source • 6/24/2007 •
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