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EMRG
Jan 12, 2004 20:50:32 GMT -5
Post by swatteamequity on Jan 12, 2004 20:50:32 GMT -5
stockcharts.com/gallery?emrgLow float, over 40% insider owned Mad Cow play. Long term chart reversing at a $3.12 close down from $80.00. 5 yr chart is exceptionally attractive. As one can see fromk the article published today, the Mad Cow situation will be with us throughout 2004 and possibly beyond. EMRG was set to turn around in 2004 even before Mad Cow came into play... U.S. Cattle Prices Tumble on Mad Cow Monday January 12, 4:56 pm ET By Bob Burgdorfer CHICAGO (Reuters) - U.S. cattle prices tumbled in the Chicago markets on Monday after the U.S. Agriculture Department slashed its estimate for 2004 beef exports by 90 percent after the first U.S. case of deadly mad cow disease. "I think reality finally dawned on the CME cattle floor that the export markets will not reopen in weeks or even months," said Ann Barnhardt, livestock analyst with Colorado-based HedgersEdge.com. At the Chicago Mercantile Exchange, live cattle futures for February delivery closed 1.225 cents lower at 74.700 cents per pound. That is down 18 percent since the U.S. Agriculture Department on Dec. 23 announced the first case of mad cow disease in the United States in a Holstein dairy cow in Washington state. The news rocked the $27 billion industry, despite findings that the infected cow came from Canada and signs that U.S. consumer demand for beef has remained fairly strong. The problem is the large hole in demand caused by the overnight loss of the huge export market for U.S. beef. More than two dozen importers of U.S. beef, led by Japan and Mexico, immediately shut off U.S. beef imports, jolting an industry that had sales of $3.2 billion in 2003. Prior to the bans, the U.S. was exporting about 10 percent of its beef, or nearly 2.6 billion pounds a year. But on Monday, the USDA in its monthly agricultural supply/demand report put 2004 beef exports at a mere 220 million pounds. Cattle prices trended higher in the past week in part on hopes that deals might be reached soon with Japan and Mexico to lift their bans on beef. But Japan and Mexico have so far kept their borders closed to U.S. beef. USDA on Monday appeared to acknowledge that normal cross-border trade in U.S. beef will not resume soon. It cut its 2004 beef export outlook to the bone and reduced its estimate for 2004 cattle prices to a range of $72 to $78 per 100 pounds from the previous estimate of $84 to $91. The mad cow crisis has hit hard those cattle producers whose market-ready cattle in feedyards need to be sold now. Beef plants have been slow to buy without the export demand. "The beef packer is buying (cattle) hand-to-mouth. The packer is in a better bargaining position then he has been in many, many weeks," said Don Roose, analyst at U.S. Commodities Inc. Last week, two big packers, Cargill's (News - Websites) Excel Corp. unit and Tyson Foods Inc. (NYSE:TSN - News), announced beef plant layoffs tied to the loss of beef exports. Beef plants normally slaughter more than 600,000 cattle a week. Last week's slaughter dropped to 567,000 head. So the wild card for beef prices is the revival of exports. "Given the fact that the Japanese are willing to talk and that the Mexican authorities are willing to talk, I think that shows promise that we will be able to come to some sort of resolution with them much more quickly," said Chris Hurt, agricultural economist at Purdue University. He expects some exports to resume within six months.
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EMRG
Jan 12, 2004 20:51:59 GMT -5
Post by swatteamequity on Jan 12, 2004 20:51:59 GMT -5
UPDATE - USDA certifies eMerge's mad cow tracking tool Wednesday January 7, 5:34 pm ET By Wei Gu
(Adds details on other companies, industry expert comments, byline) NEW YORK, Jan 7 (Reuters) - EMerge Interactive Inc. (NasdaqSC:EMRG - News) said on Wednesday its animal tracking and data management product has become the first of its kind to be certified by the U.S. Department of Agriculture.
ADVERTISEMENT EMerge, whose shares soared 150 percent after the news, said its CattleLog system helps producers, meat packers and retailers track and manage data on cattle movements.
"I don't think it will have a dramatic impact on this quarter," Chief Executive David Warren told Reuters. "It all depends on how fast the industry feels it needs to put the system in place."
The Agriculture Department has said it will speed up the adoption of a national animal identification program to help safeguard the meat supply against mad cow. EMerge said the USDA will likely work with a few companies to develop the system.
Analysts say the nation's first mad cow case could boost the use of electronic radio tags, which were developed as a way to track retail inventories and are now being used to track fish and animals from salmon to dogs.
The idea of an animal ID program, now endorsed by a once- reluctant industry still reeling from the sudden loss of a $3 billion a year beef export market, is expected to bring $100 million a year for tag makers, database developers and others.
"Right now, every farmer makes the decision whether to use it or not," said Glenn Fischer, who heads sales and marketing at cattle tag maker Allflex USA. "The move to a national ID scheme means everybody has to have an ID, that does provide growth in the market."
He said 60 percent to 70 percent of the U.S. cattle now have identification ear tags, which cost less than $1 per piece. To enable better tracking, farmers groups are calling for the more complex radio frequency tags, which cost $2 to $10 a piece and are so far carried by a meager 2 percent of cows.
"We still do not know where the cow comes from, we probably will never know," said Scott Silverman, vice chairman of electronic tag maker Digital Angel Corp. (AMEX:DOC - News). "But with our technology, we will know in matter of hours where it has been every day in its entire life."
The month-old offspring of the Washington state cow infected will be killed along with about 450 other calves as a safety precaution. The planned slaughter leaves at least 4,000 other cattle linked to the mad cow investigation still under quarantine. Cattle prices have plummeted in U.S. markets.
"You look at the millions of dollars our producers are losing on a daily basis," said John Meyer, Chief Executive of the National Farm Animal Identification and Records Program. "There is a huge price to pay for not having a national animal identification program."
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EMRG
Jan 12, 2004 20:52:57 GMT -5
Post by swatteamequity on Jan 12, 2004 20:52:57 GMT -5
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EMRG
Jan 12, 2004 20:53:58 GMT -5
Post by swatteamequity on Jan 12, 2004 20:53:58 GMT -5
That is the cattle futures chart when 90% of US exports go out the window because the industry has not modernized....
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EMRG
Jan 12, 2004 21:25:25 GMT -5
Post by swatteamequity on Jan 12, 2004 21:25:25 GMT -5
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EMRG
Jan 12, 2004 22:01:53 GMT -5
Post by DJF on Jan 12, 2004 22:01:53 GMT -5
Quite the 5 year chart. Stockcharts only goes as far as 3 years. Cattle future prices are interesting - expect volatility to remain high as the spectre of Mad Cow will linger on for some months. There could be good money to be made playing this commodity. DJF
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EMRG
Jan 12, 2004 22:28:44 GMT -5
Post by swatteamequity on Jan 12, 2004 22:28:44 GMT -5
The 3 yr. weekly chart would be a good addition to the board. Like you have up above..
Nice site congrats.
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EMRG
Jan 12, 2004 22:42:22 GMT -5
Post by swatteamequity on Jan 12, 2004 22:42:22 GMT -5
I am accumulating EMRG for the real money as the long term weekly chart is in the midst of a reversal. Too much upside to sell at theses prices. EMRG could easily be the TASR of 2004. Also a stock split is rumored in 2004 or 5.
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EMRG
Jan 14, 2004 17:43:33 GMT -5
Post by swatteamequity on Jan 14, 2004 17:43:33 GMT -5
Good day today up on good volume. Weekly long term chart reversal in play. Accumulate and prosper.
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EMRG
Jan 14, 2004 17:46:47 GMT -5
Post by swatteamequity on Jan 14, 2004 17:46:47 GMT -5
www.usda.govRelease No. 0013.04 Contact: Alisa Harrison (202)720-4623 Julie Quick (202) 720-4623 Printable version Bush Administration Proposes Full Funding For Ames Animal Health Complex President's FY 2005 Budget To Include $178 million for Renovation Completion AMES, Ia., Jan. 13, 2004 -Agriculture Secretary Ann M. Veneman today announced that President Bush would include $178 million in the FY 2005 budget to complete the renovation of the U.S. Department of Agriculture’s new National Centers for Animal Health. "When completed, the center will become the most modern and best-equipped animal disease research facility in the world," Veneman said during remarks at the official groundbreaking ceremony for the complex. "The work that is done here is a crucial link to the overall effort to protect animal agriculture." The Ames complex is USDA's "flagship laboratory" for large animal research and diagnosis. It includes the National Animal Disease Center, the National Veterinary Services Laboratory and the Center for Veterinary Biologics. A 2001 report to Congress outlined options for updating and renovating the complex, now referred to as the USDA National Centers for Animal Health. Since that time, the Bush Administration has worked with Congress on a plan to renovate the facility. "The request of $178 million by the President would represent the final installment of the $460 million needed to fully renovate these facilities," Veneman said. "If approved by Congress, these funds will permit us to fully complete this project by the end of 2007. We intend to use accelerated contract procedures and construction techniques to meet this schedule." Veneman said the facility is more important than ever before in the context of recent animal disease threats. For instance, the National Veterinary Services Laboratory conducted the initial tests to confirm the case of Bovine Spongiform Encepholopathy, BSE, from a single cow in Washington State. "Even though the ultimate confirmation was made in England, we had the confidence in our own experts at the National Veterinary Services Laboratory in order to make an immediate announcement and respond quickly," Veneman said. When completed, Veneman said the National Centers for Animal Health would include almost 1 million square feet of thoroughly modern facilities that will be biosafe, energy-efficient and will provide state-of-the-art capabilities for research and diagnosis. It will house in a single location a critical mass of scientists who are at the top of their fields with programs across animal disease research, diagnostics and biologics making USDA better able to respond to foreign animal diseases and bioterriorism. Within USDA, the programs and facilities of the National Centers for Animal Health are operated by the Animal and Plant Health Inspection Service and the Agricultural Research Service.
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EMRG
Jan 14, 2004 17:48:06 GMT -5
Post by swatteamequity on Jan 14, 2004 17:48:06 GMT -5
Top Stories - Reuters Another Herd Quarantined Due to Mad Cow Link 1 hour, 36 minutes ago Add Top Stories - Reuters to My Yahoo!
By Randy Fabi
WASHINGTON (Reuters) - Another dairy herd in Washington state was quarantined after at least one animal was linked to a Holstein cow infected with mad cow disease, the U.S. Agriculture Department said on Wednesday.
Reuters Photo
AP Photo Slideshow: Mad Cow Disease
USDA said at least one herd mate of the infected cow was sent to a dairy facility in Quincy, Washington.
"USDA believes that as many as seven animals may have been sent to this facility," it said in a statement. "We are working to confirm how many may remain at this facility."
The USDA has been investigating the nation's first case of mad cow disease, discovered on Dec. 23 in a Holstein dairy cow in Washington.
Officials believe that some of the Quincy herd were imported from Canada with the infected cow. DNA tests have confirmed that the diseased animal was born in Alberta, Canada, more than six years ago.
Washington health officials have quarantined thousands of cattle in three other herds in Mabton, Mattawa and Sunnyside, also linked to the infected cow. Some 450 bull calves at the Sunnyside farm were killed last week.
The USDA said it has started killing some 130 cattle from the herd in Mabton. USDA officials said there was no evidence that any of these animals were infected with mad cow disease, but were taking these measures out of an "abundance of caution."
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EMRG
Jan 14, 2004 18:01:44 GMT -5
Post by swatteamequity on Jan 14, 2004 18:01:44 GMT -5
Long term weekly chart reversal this chart only goes back three years the 5 year chart gives a better picture. EMRG all time high $80.00. Very low float. stockcharts.com/def/servlet/SC.web?c=EMRG,uu[h,a]waclyyay[df][pf][vc60][iut!Uc20!Lah12,26,9]&pref=G **((This link did not post correctly click on weekly and 3yr time frame and enlarge the chart for a better view)))
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EMRG
Jan 14, 2004 18:05:16 GMT -5
Post by swatteamequity on Jan 14, 2004 18:05:16 GMT -5
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EMRG
Jan 14, 2004 18:38:53 GMT -5
Post by DJF on Jan 14, 2004 18:38:53 GMT -5
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EMRG
Jan 14, 2004 19:10:19 GMT -5
Post by swatteamequity on Jan 14, 2004 19:10:19 GMT -5
Yeah I am with accumulating EMRG. No OTC stuff to deal with and it is obviously in a long term reversal could be the TASR of 2004 with its low float.
Made TheStreet.com today but they messed up the closing price and volume: should of stated $3.63 up 19.41% on over 12MM shares.
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