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Red ink flows for cattle feeders

2015-02-21 02:31:00| Beef

High calf and feeder prices, in tandem with softer fed cattle prices, are driving cattle feeding breakevens toward deeper losses. The Livestock Marketing Information Center estimates cattle feeding losses (basis the Southern Plains) at $200 per steer in January and February. read more

Tags: red ink flows cattle

 

Red ink flows for cattle feeders

2015-02-21 02:31:00| Beef

High calf and feeder prices, in tandem with softer fed cattle prices, are driving cattle feeding breakevens toward deeper losses. The Livestock Marketing Information Center estimates cattle feeding losses (basis the Southern Plains) at $200 per steer in January and February. read more

Tags: red ink flows cattle

 
 

Bank shares stretch record run as cheap money flows

2015-02-16 08:04:07| Automakers - Topix.net

Commonwealth Bank of Australia lifted 0.3 per cent to a record $93.47 on the last day investors could buy the shares and be entitled to the bumper $1.98 interim dividend. Photo: Getty Images Australian shares rallied to close at a fresh seven-year high Monday as a lowering of global interest rate expectations continued to push foreign capital into the domestic market, while local investors drove Commonwealth Bank shares to another record close, taking advantage of their last chance to qualify for a bumper interim dividend.

Tags: money run record bank

 

First gas flows from extended Discovery pipeline in Gulf of Mexico

2015-02-11 01:00:00| Offshore Technology

Williams and DCP Midstream Partners have started natural gas flows from the new extended Discovery gathering pipeline system.

Tags: of mexico gas extended

 

Oil Search to reap PNG LNG cash flows as project deemed complete

2015-02-06 09:59:58| Oil & Gas - Topix.net

Oil Search is set to enjoy a bounty of more than $US800 million to redirect toward LNG expansion after the $US19 billion Papua New Guinea liquefied natural gas project was deemed financially "complete" for its lenders. Some $US700 million of the total is Oil Search's first share of cash flows from the project since it began production eight months ago while the rest is the funds held in escrow to satisfy the company's lenders that will now be released.

Tags: search complete project cash

 

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