| Traverse Global Communications Corp Announces Partnership with Wells ...
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U.S. cattle on feed up 1% from December 2006
The U.S. Department of Agriculture's updated cattle on feed estimates came out within pre-report expectations.
As of January 1, the total number of cattle on feed in the U.S. was up 1% from a year ago at 12.097 million head. Ahead of the report, the average estimate was for a 1.1% increase, in a range of 100% to 102%. December marketings were pegged at 1.645 million head, also up 1% from last year, and above the average guess of 100.3%. The range of estimates ran from 98.9% to 103%. Placements during December came out at 1.704 million head, down 1% from a year ago. The range of estimates was wide, ranging from a 6% drop to a 5% rise, with an average of 102.6%.
Analyst David Kohli of Ford and Young Futures says the placements number in particular caught his eye and says that it will probably lead to higher costs for beef down the road.
Raising a Ruckus
Also the assistant professor of public policy at George Mason University, author of "Republicans and The Black Vote," Michael Fauntroy is with us. All right, Armstrong, let me start with you. He also said one other thing, suggesting that if Hillary loses in South Carolina it's going to be because African-Americans, the black vote, went to Barack Obama. Is that, in and of itself, racial? ARMSTRONG WILLIAMS, RADIO TALK SHOW HOST: On former President Bill Clinton's part — I've got to tell you, many people in South Carolina who watched the debate in Myrtle Beach found her to be really nasty and sort of pretty disgusting. You noticed, she was booed when she mentioned the slum lord comment. The fact is, Mrs. Clinton, South Carolina was hers to lose, being a native of the state.
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