|Fed Cattle Commentary|
|Nebraska News – http://nebraska.statepaper.com/vnews/display.v/ART/2004/12/22/41c99d0ed53f0|
|Hackney Cattle Company / 402.680.4739|
Hackney’s comments from Tuesday, March 28, 2006.The views expressed here are those of Walt Hackney and are not
necessarily those of DTN, its management or employees.
Lyle Strom, a federal judge and the 11th District Court, sealed the fate of any livestock producer who may have had the idea to sue a corporate packer for price manipulation. His decision presented an open highway to any packer to do most anything in terms of market manipulation to the livestock production sector and have full support from the federal judiciary system. The P & S, acting in full cooperation with the corporate packers, will have the needed backstop now to support their lack of service to the producer sector. Cattlemen, without the pseudo support of the federal judiciary system, will need to engrave their personal mission statement, draw a line of defiance in the sand and defend themselves without any help from their own government.
Even after last Friday’s Cattle on Feed report was digested, and deemed to be somewhat bearish, the beef cutouts only lost .28 cents on Monday’s close, and packers could only conjure up 112,000 head for Monday’s kill.
Very little feedlot activity is expected before Thursday afternoon and Friday.
FYI: Walt Hackney’s practical insight into the livestock markets, also dictates that he spend much time in the production areas, buying/selling cattle, and periodically he cannot do his daily commentaries in a timely manner.
Feeder Cattle Commentary
Hackney Cattle Company / 402.680.4739
Hackney’s comments from Tuesday, March 28, 2006.
The views expressed here are those of Walt Hackney and are not necessarily those of DTN, its management or employees.
With manipulation tolerated by the CFTC by allowing the investment fund groups to dilly-dally at their leisure with futures contracts, and with the 11th District federal court, in support of Judge Lynn Strom, taking away any ability of the public livestock sector’s attempts to legally protect themselves from corporate packer’s price manipulation, the entire production livestock industry is basically left to fight-off the ever-tightening circles of corporate integration and market manipulation, by whatever means are left to the independent producer sector. The solution has evolved far past the idea of protesting, etc. and now is in the hands of the elected political members of Congress, to either change the force of power or promote its evolution! TALK TO YOUR ELECTED OFFICIALS, STATE AND FEDERAL!
So far, this week is quiet in the feedlots, as packers collect enough show-lists to do battle with later in the week, and sellers are waiting for some good news to fortify their positions.
Packers are laying in the weeds, waiting for the first cripple to come along, intending to pounce on the weak link with a lower bid.
FYI: Walt Hackney’s practical insight into the livestock markets, also dictates that he spend much time in the production areas, buying/selling cattle, and periodically he cannot do his daily commentaries in a timely
Stay Informed!Subscribe to information and news updates related to farming, food and health issues, click here!
Follow me on TwitterMy Tweets
- This Cattleman's Got A Beef
Photo: Sean Cayton - 2003People producing good food from happy animals, while improving the environment, shouldn’t have to fear the government.
Photo above featured in a 2003 article: This cattleman's got a beef, Mike Callicrate and Ranch Foods Direct take on the big meat packers by Kathryn Eastburn
- BIG Food Exposed
- Great Ranches of the West
Purchase Great Ranches of the West for only $34.95 and $20 will go to an Organization or Project of your choice!
"An eye opening and heart touching portrait of a culture and industry that we are in great danger of losing. This book will help readers understand the urgency of preserving the Western ranchlands inhabited by families and rural communities that provide nourishing food for our nation, preserve a healthy natural environment and entrust that great American values will endure."
- Mike Callicrate
An Endangered Species
Every month 1,000 ranches go out of production. It's the national security issue that no one is talking about.
Food Policy & LawE. Coli Confessions Part I
by John Munsell | Oct 11, 2011
Editor's Note: This is the first part in a series written by John Munsell of Miles City, MT, who explains how the small meat plant his family owned for 59 years ran afoul of USDA's meat inspection program. The events he writes about began a decade ago, but remain relevant today.
They say that confession is good for the soul. I've been involved in a series of ugly events since my plant in 2002 recalled 270 pounds of ground beef contaminated with E.coli O157:H7 and now want to admit the embarrassing truth for public review. more
- advanced meat recovery
- beef checkoff
- Big Food
- Callicrate Beef
- Callicrate Cattle Co.
- Colorado Springs
- Dudley Butler
- e. coli
- Eric Schlosser
- fast food nation
- food Inc.
- Industrial Agriculture
- meat packers
- Mike Callicrate
- Organization for Competitive Markets
- pink slime
- Ranch Foods Direct
- Rick Hughes
- Tom Vilsack
- U.S. Farmers and Ranchers Alliance
- Vandana Shiva
Top Posts & Pages
- 9 Disappointing Facts About Chipotle
- Alan Guebert Keynotes 2014 MOSES Conference
- Beef's Reputation On Sale - Price Shoppers Beware!
- Washington is investigating the IBP meatpacking plant after a secretly shot video shows cows kicking while being butchered
- Normalize from Reality: Musing on the Rural-Urban Political Divide and The Future of Food
- Building a Healthy, Humane, and Fair Food System - December 2018
- Meat Packer Concentration and Market Power Timeline
- Vice: Meathooked and End of Water
- Vicious Circles - Big meat packers continue to suck the blood out of cattle industry
National News Supplement