Closeouts on cattle and hogs marketed last week remain modestly profitable for the sixth consecutive week, according to calculations by Sterling Marketing.
Cattle and hog finishing margins remain positive for the sixth consecutive week, but cash prices for both declined modesty last week and margins eroded.
Mexico will allow expanded imports of Canadian beef starting in October, leaders of the two countries said on Tuesday, ending 13 years of restrictions related to BSE.
Bigger and bigger cows may not be the best option.
Exports of U.S. beef closed 2013 by eclipsing the $6 billion mark for the first time, setting a new annual value record.
The U.S. Department of Treasury withdraws proposed restrictions on estate, gift and generation-skipping transfer tax.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Feedyard margins remained about $150 per head last week despite a $6 per cwt. retreat in cash cattle prices.