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Corbitt Wall feeder cattle report for July 1

July 1, 2011
National Feeder Cattle Summary for July 1.
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June Acreage report provides some surprises

July 1, 2011
Thursday morning, USDA released the results of its annual planted acreage survey, and the results took the market by surprise.   
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Four industry greats honored during Cattle Feeders Hall of Fame Banquet

July 1, 2011
Four outstanding individuals in the cattle-feeding industry were celebrated for their leadership, innovation and dedication during the annual Cattle Feeders Hall of Fame banquet on June 30 in Denver, Colorado.
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A short but impressive history

July 1, 2011
A few years ago, my wife and I traveled overseas. While visiting friends in their home, the conversation turned to our kids. This friend said her son enjoyed studying music, and I said my son had an interest in U.S. history. “American history,” she snuffed. “You Americans have no history.”
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0711pc mckevitt 1

States battling rapid jump in cattle rustling

July 1, 2011
Kathleen McKevitt
State livestock officials across the country are handling a dramatic increase in cattle rustling investigations as prices continue to soar during a rough economy. “Whether it’s a bad economy, greater drug usage, the price of cattle or anything else, a thief is a thief and there are more of them – in fact a tremendous increase – now in the rustling business,” said Larry Grey, director of the Texas and Southwest Cattle Raisers Association and Texas Ranger.
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Whose land is this? Fighting government on eminent domain

July 1, 2011
Jason Thomas
A recent flurry of activity regarding the rights of landowners in Texas and Nevada, states where the cattle industry is influential, should be a reminder to all cattlemen that their most valuable long-term asset – private property rights – should not be considered unconditionally protected from the government or a party the government favors over the landowner.
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Cattle Q&A with Bernard Rollin

July 1, 2011
Bernard Rollin
Bernard Rollin is a professor of animal science at Colorado State University and a prominent scholar on animal rights. He has written numerous articles and books on animal welfare and spoken to cattlemen in several states about animal use ethics. His new autobiography is titled “Putting the Horse before Descartes.” He spoke with Progressive Cattleman about animal welfare in today’s cattle industry.
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Global beef roundup: Huge Australian beef company optimistic in rapid growth

July 1, 2011
Clint Peck
A global food shortage, currency moves and good old-fashioned rain have seen the stars align for listed cattle producer Australian Agricultural Company, which has forecast a strong return to profitability and tapped the market for a fresh $86 million in capital. A year into a three-year turnaround after struggling with losses, AACO said it expected pre-tax earnings in 2011 of about $60 million to $65 million.
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Major changes looming ahead for U.S. beef industry

July 1, 2011
The cow/calf segment of the U.S. beef industry lost about 175,000 producers over the past 20 years, which equates to a loss of nearly 9,000 cow/calf producers per year.
Read More

Managing your risk is managing your equity

July 1, 2011
Larry Hicks
The increased volatility in commodity prices has everyone concerned about the speculators’ contribution to higher gasoline prices and food prices.
Read More
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