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Description
This program is a market intelligence report. Farmers and ranchers can get the numbers anywhere, what they truly want is information that tells them what moved the numbers and any special information that will give them a hint as to where the market is headed. M att Rice, graduate of the University of Idaho. In addition to voicing and producing the daily Market Line report, Matt is also Director of Business Development for CAYAC (Cattle Auction Advertising Co-op). CAYAC is a separate company operated under Allen Media, Inc.
Growing up in a farming and ranching community in Northern Idaho Matt spent summers competing at high school and college rodeos in tie-down and team roping and at sanctioned rodeos with his brothers and father. On most summer weekends you will still find Matt in a roping arena, training horses or being a tough competitor on the NW Rodeo circuit. Matt earned money for college working at a prestigious western horse training facility where he found he not only had a gift for training horses but also the ability to relate to a host of different people from clients, staff even renowned trainers like Clinton Anderson who would visit for clinics. Matt shares His passion for western agriculture and the cowboy way of life on air and with everyone he meets.
Growing up in a farming and ranching community in Northern Idaho Matt spent summers competing at high school and college rodeos in tie-down and team roping and at sanctioned rodeos with his brothers and father. On most summer weekends you will still find Matt in a roping arena, training horses or being a tough competitor on the NW Rodeo circuit. Matt earned money for college working at a prestigious western horse training facility where he found he not only had a gift for training horses but also the ability to relate to a host of different people from clients, staff even renowned trainers like Clinton Anderson who would visit for clinics. Matt shares His passion for western agriculture and the cowboy way of life on air and with everyone he meets.
1238 Episodes
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This weeks Beef Exports were 15 % higher than the previous week and 4% higher over the month.
Cattle Futures steady following Tuesday’s selloff, as Cash cattle remain resilient.
The selloff continues in the Beef Market, as prices hit 60 day lows.
Traders see a bit of a of correction in the Beef Market following the Cattle On Feed Report last.
Feeder Cattle fell sharply lower last week, as cash cattle prices remain red hot.
The Corn Market picked up some momentum yesterday with export expectations in line with USDA estimates.
Both the Beef and Grain Market fell into the red yesterday as outside markets continue to play a role in commodities.
Finally the Beef Market cools off as Live and Feeders found resistance in front running contracts.
Consumer demand for beef picks up as barbeque season heats up.
Feeders and Live Cattle hit a bit of a lull last Thursday but finished the week on in the Green.
Cash Cattle continue to trend higher, however Live and Feeder Cattle hit a wall as prices fell yesterday.
The strength continues in the Beef market in all sectors as prices are up over 30% from the past 12 Months.
The Beef Market continues to find momentum as Cash Cattle trend higher.
The Beef Market firms up but fails to break out following stronger Boxed Beef prices.
Live Cattle hit 6 Month High’s Friday, before cooling off to finish the week in the red.
Cash Cattle bring the heat once again, as prices continue to run at all time highs.
Boxed Beef prices directly reflecting on the Feeder Market as cattle demand slips.
Hesitation from the packers drove Feeder Cattle prices lower yesterday.
The Wheat Market kicks the week off with a rally, after buyers take advantage of lower prices.
Friendly fundamentals string together a nice rally for the Beef Market to finish the week. Let’s go to Virginia McGathey with the CME Group to hear more.
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