Giants’ waiver wire frenzy continues, team claims sixth player in six-week span

first_imgLOS ANGELES — The San Francisco Giants didn’t add a single player on waivers during the 2018 season.This week, they’ve brought three new players onto the 40-man roster through waiver claims as the front office continues to search for hidden gems.The Giants announced Saturday they’ve claimed left-handed reliever Wandy Peralta on waivers from the Cincinnati Reds. Peralta, 28, posted a 6.09 ERA in 32 games for the Reds this season, but the Giants will try to help him regain form when he reports …last_img

Beef industry traveling to a different drummer this year

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The beef industry stands alone in 2015 in its continued reduction in supplies available to consumers. The year of 2014 was a special year for the animal production industries with record high farm level prices for cattle, hogs, broilers, turkeys, milk and eggs. For 2015, a surprisingly fast expansion of poultry, pork and milk production will cause lower prices for those commodities. Beef stands alone in the continuation toward lower production, but prices remain uncertain.In the first four months of this year, beef production was down by 5%, with slaughter numbers down 7% but market weights up 2%. The reduction is the result of a beef cow herd that had been in decline from 2006, reaching its low point in 2014. Expansion of the beef cow herd began in the last-half of 2014 and current indications are that the expansion continues.Producers can increase cow numbers both by retaining heifers and by keeping older cows for another cycle when they normally would have gone to market. Slaughter of females so far this year indicate producers are doing both. Heifer slaughter last year was down 8% and so far this year heifer slaughter remains down 7%. Beef cow slaughter in 2014 was down 18% and remains down 17% so far this year. While these producer behaviors will build the beef cow herd and eventually increase beef production, the impact for this year is to pull down beef production.Meat availability per person had fallen by about 20 pounds from 2007 to 2014, but is making a sharp comeback in 2015. Current USDA estimates are that per capita meat availability could surge by nearly nine pounds this year. Chicken and turkey lead the way with over five pounds of increase and pork adds an impressive increase of near four pounds per person. This means that the meat industry in one year has restored about 45% of the lost meat availability from 2007 to 2014. The impacts of avian influenza will likely reduce poultry meat production in 2015, but are not included here.The recent Cattle on Feed report from USDA also shows some of the adjustments the beef industry is making. The number of heifers in feedlots as of April 1 was down 10% from previous year levels, most likely confirming a high rate of heifer retention for herd expansion. Secondly, as a result of record high calf prices and weak live cattle futures prices, fewer lightweight calves are moving to feedlots as producers keep those calves on forage diets and background them for longer. The number of calves under 700 pounds entering feedlots in March was down 11%, but the number over 800 pounds was up 16%. In fact, 40% of all placements in March were older calves that were 800 pounds and higher. Improved pasture conditions in the Central and Southern Plains provides some of the explanation, but there were also reports of calves staying on winter wheat pasture further into the spring this year.What are the implications for cattle prices this year? First, a review of the unusual year of 2014 when finished steers averaged a record high $155 per hundredweight. The normal seasonal price pattern for finished cattle is to peak in late March or early April, then move lower into mid-to-late summer, with a rally into the end of the year. In 2014 finished steer prices began the year at $140 and pretty much moved higher throughout the year peaking above $170 in late-November. So far this year, finished steers have averaged $161.50 compared with $146 for the same period in 2014.Live cattle futures are suggesting a return to a more normal seasonal price pattern this year. Peak finished steer prices in 2015 to-date came in early April in the mid-$160s and have declined since. The futures tone stays weak through summer with prices falling to the middle $140s by the end of summer and then rallying to the low $150s toward the end of the year. With prices so far this year and futures estimates for the remainder of the year, finished steers would average $153, a couple of dollars lower than 2014.USDA forecasters in the April 9 WASDE report have taken a much more bullish path with $163.50 at the mid-point of their annual estimated range. Also of note is that USDA analysts increased the potential range of prices as the year progresses. One reason to increase a price forecast range is because of greater uncertainty. Ultimately, prices may be somewhere between these two. Current high $150s prices could drop to the very low $150s by late summer and recover to the mid-$150s by the end of the year, with annual prices near last year’s $155. One thing seems certain — 2014 was an extraordinary year for the animal industries. So comparing this year’s prices to last year’s prices may bring inherent dangers. But, the beef industry is the only one which will not increase production this year and therefore has a reasonable chance of seeing annual price averages near 2014 levels.The wide difference of opinions about cattle prices for the remainder of this year point out the large price risks for cattle finishers. Cattle feeders already have record amounts of money invested in the cattle in their feedlots. Even with the lowest feed prices in five years, they are vulnerable to weak live cattle prices as the futures market is currently suggesting. Feedlot managers should strive to price calves based on budgets using current futures prices and then should look to hedge those cattle with either futures or put options. If feedlot managers find themselves bidding so much for calves that they have to have a sizable rally in the live cattle futures to cover costs, they may want to re-think buying the calves in the first place.last_img read more

Creamline makes it 3 straight, downs Motolite

first_imgPrivate companies step in to help SEA Games hosting View comments LATEST STORIES Kawhi Leonard lifts Raptors within one win of NBA title dream Cayetano: Senate, Drilon to be blamed for SEA Games mess Two-day strike in Bicol fails to cripple transport MOST READ Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next Catholic schools seek legislated pay hike, too Duterte wants probe of SEA Games mess With comebacking coach Tai Bundit calling the shots once again, Creamline was caught flatfooted as it ran smack against a determined Motolite side in the first frame.But the Cool Smashers gathered their wits, out-attacking in the second set, 12-6, and then witnessing the Motolite Spikers self-destruct with  13 unforced errors in the third set.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsKaewpin scored two of her points in the later fourth set when Motolite was trying to get back racing from 21-17 to 24-23.Motolite suffered its fourth defeat in as many games. ‘Rebel attack’ no cause for concern-PNP, AFP MANILA, Philippines—Creamline got its act together after a disastrous opening set to defeat Motolite, 13-25, 25-19, 25-16, 25-23, Saturday for its third straight win in the  Premier Volleyball League Reinforced Conference at FilOil Flying V Centre in San Juan.Kuttika Kaewpin banged in 17 points for the Cool Smashers who improved to 3-1, just behind the unbeaten leader PetroGazz Angels.ADVERTISEMENT DA eyes importing ‘galunggong’ anew Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue PH women’s volleyball team motivated to deliver in front of hometown crowd PLAY LIST 02:25PH women’s volleyball team motivated to deliver in front of hometown crowd00:50Trending Articles00:50Trending Articles02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krausslast_img read more