A by-product of ethanol production containing 10 to 12 percent moisture and 28 to 30 percent protein value on a dry matter basis.

Updates automatically. In this instance, refers to the updating of data/ content between MARS and My Market News. 

Derived from cooking down fatty tissue from edible portions of beef carcasses under supervision of USDA Meat Inspection.  It is further refined by running it through separators and filters to remove all traces of solids and moisture.  It is transported in liquid form in rail-cars and taker trucks.  The main use of edible tallow is a frying oil.  It is also used as a shortening in a wide variety of baked goods.

An alternative automotive fuel derived from grain, primarily corn.

Used to identify cattle on market reports that typically sell at a premium, cattle denoted with this comment possess superior genetics or other known factors that allow for a higher price to be paid.

Typical fleshy feeder cattle are beginning to show moderate fat deposits in the cod, flanks, brisket, and around the tail head.  The rib bones and hooks and pins in the pelvic region are barely visible if distinguishable at all.  The animal has a smooth appearance including, the curvature over the loin.  Feeder cattle fleshier than typical may have fat cover more associated with slaughter cattle and show indications of being on a silage and/or grain ration.  Fleshy cattle often sell at a discount, due to the expected weight loss upon change of environment.

Market Channel type.

A marketing channel that includes purchases of dairy products by hotels, restaurants, fast food outlets, schools, and institutions.

Advance commitment of cattle for slaughter using a method for calculating price.  For slaughter cattle the base price is not negotiated but is based on some other price (such as plant average or weighted average price) or value determining mechanism that may or may not be known at the time the deal is struck.  The final net price is determined after application of premiums and discounts.[1]

An agreement for the purchase of cattle, executed in advance of slaughter, under which the base price is established by reference to prices quoted on the Chicago Mercantile Exchange.  In regards to slaughter cattle, premiums and discounts may be applied to the forward contract base price in order to determine the final net price.[1]

Free on board, regardless of the mode of transportation, at the point of direct shipment by the seller to the buyer (e.g. F.O.B Feedyard).[1]