Joined April 2014
TX 95 mixed @ 115.00 37 strs @ 115.00 66 mixed @ 115.00 105 strs @ 115.00 60 strs @ 115.00
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TX 35 mixed @ 115.00 173 strs @ 115.00 44 hfrs @ 115.00
TX 343 strs @ 115.00 24 mixed @ 115.00
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KS 73 strs @ 115.00 176 strs @ 115.00 112 hfrs @ 115.00 74 hfrs @ 115.00
"perhaps we need an independent audit" could happen w/support from other Senators-Grassley (R-IA), Sasse (R-NE), Fischer (R-NE)
Sen. Ernst is asking the right questions. Mainstream, grassroots, Iowa (& KS & TX & NE) cattle feeders can provide her the truth.
In a mtg with Iowa cattle feeders, US Senator Ernst (IA-R) discusses competition in the cattle mkt..."perhaps we need an independent audit."
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Consolidation = buying or selling power. It's a core strategy of CBP. Consolidate with CBP! Counter buying power by CREATING SELLING POWER!
Price is the end game of a negotiated & competitive bid process. Poor competition=poor bid action. Poor bid action=poor price. Let's fix it.
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Last week was a competition-less mkt. Result=less $. Best measurement of a healthy mkt is # of competitive buyers. C-O-M-P-E-T-I-O-N needed!
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If this week's buying competition is same as last week's, the mkt is fine. If not, then it's not. It's all about the C-O-M-P-E-T-I-T-I-O-N
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Negotiation & competition improves the cattle industry...EVERY TIME!! We are better with them vs without them. Let's do it again this week!
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Remember the buying competition last week that boosted the mkt???? What are the chances of that competition revisiting the mkt this week?
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Trend reversal in Nebraska w/more cash trade. HOWEVER...That is creating buying competition. Prepare to resist committed arrangement offers
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+5 cattle mkt vs last week! C-O-M-P-E-T-I-T-I-O-N .. A cornerstone of the US free enterprise system & mkt fundamentals. Need more of it!
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% cash trade: YTD '16 vs '15 5-Area: 26.2 vs 21.3 KS: 23.3 vs 12.5 NE: 41.7 vs 32.6 CO: 12.9 vs 8.3 IA/MN: 52.1 vs 56.7 TX: 6.3 vs 2.6
US net beef supply for the remainder of 2016 will not measure up to mkt expectations
We appreciate the confidence/trust of our feedyard customers who work with us to "make a cattle mkt." Making a difference...Region by region
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Good morning! The best solution in the cattle mkt is allowing supply/demand fundamentals to work. Let's do more of that. CBP COMMITTED TO IT
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Px discovery/transparency, competition, mkt intel, fundamentals, negotiation, Values-based culture - Tools that advance the industry & CBP
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