The USDA’s Agricultural Marketing Service (AMS) has proposed changes to both the beef and soybean checkoff programs that would allow producers, under certain circumstances, to request that their assessments paid to a qualified state board or council be redirected to the national program, the agency announced in a press release.
Even well-designed horse barns can benefit from strategically placing large fans to circulate air. This may be the best option for older remodeled buildings that only have a couple windows or doors that facilitate airflow if the wind is blowing.
Most of Oklahoma has substantial standing forage in pastures as we go into late summer. As the day length shortens, plants become more mature and lower in protein content. However, the protein requirements for growth, milk production, and body condition maintenance of beef cattle do not decrease as the “dog days of summer” arrive.
In a typical cattle cycle, we expect that a cow should be able to turn a profit around 6 years of age. This assumption is the crux on which stayability expected progeny differences (EPDs) have been built. Unfortunately, we have not seen anything that would indicate a “typical” cycle in a while.
For the past week I have been traveling; first for meetings, then for vacation. However, a market analyst is never completely on vacation when there is a chance to observe agricultural conditions. A week ago, we traveled through the Oklahoma Panhandle, where the last bit of wheat harvest was finishing.
While 44 percent of all British exports go to Europe and 16 percent to the U.S., the Brits are now faced with possibly having to create new free-trade agreements with the EU and the U.S. The U.S. exports about $15.7 billion in ag goods to Europe overall, of which about $3.
The American Sheep Industry Association (ASI) outlined research, development and education priorities for the industry in a report released last month. The report came at the end of a nearly 15-month process that included review of scientific and economic journals and producer surveys.
Astute cow/calf sellers know now is the time to maximize the number of marketing programs for their calves. This is not too early to be checking marketing outlets to see how the calves should be identified so every sales opportunity can be realized, which pays out value that, in the end, increases net profit.
The IRC Section 1031 Exchange, the IRC Section 664 Charitable Remainder Trust, and the IRC Section 121 Principal Residence Exclusion are powerful tools for saving taxes on the sale of a farm or ranch. Below is an example of a family using these tools on the sale of their Montana ranch.
Like most of you, I’ve grown up in ranching, following several generations of my family in the cattle business. It’s been a way of life, and it’s something I really enjoy. While the ranch operation is predominantly cow/calf, I also began retaining ownership and taking them all the way to the feedlot.
I normally avoid state income tax issues in my column, given that our readership is national. But you might be amused at some of the political discussion in Minnesota over the state’s latest income tax hike. And there’s a lesson to be learned about a retired farmer’s ability to escape a high-taxing state.
The job of markets—any market—is to determine what will be produced; how much will be produced; and what resources will be used to produce; all relative to the demand for the product. The cattle industry produces fed cattle ready for slaughter.
Checking cows for pregnancy is nothing new, yet its adoption rates are still incredibly low. According to the 2008 United States Department of Agriculture (USDA) survey on cow/calf management practices in the U.S., only 18 percent of all operations and 58 percent of operations with 200 head or more check cows for pregnancy status.
Last Monday, the Western Watersheds Project, together with two other wildlife groups, announced its intent to sue the U.S. Fish and Wildlife Service (USFWS) over its rejection of petitions to list the Yellowstone bison as a threatened or endangered distinct population under the Endangered Species Act (ESA).
Once again, it’s time to start sorting through your photos. Remember that great shot you took during lambing? Or the one you snapped while pushing the sheep to summer range? Or how about the one you’ve been planning to take of the flock out on...
The cash fed cattle market was, like most of the cattle and beef markets, depressed last week. As of Thursday afternoon, almost 22,000 head had been confirmed sold. Cattle traded for $116-118 live and roughly $186 dressed, a $4 decline in all ranges compared to cash cattle the week before.
Based on simulations using farm-level survey data from USDA’s 2014 Agricultural Resource Management Survey (ARMS), about 3 percent of farm estates would have been required to file an estate tax return in 2015, while 0.8 percent of all farm estates would have owed any federal estate tax.
The report increased both area planted (94.1 million acres) and area harvested data (86.6 million acres). Even with a static yield estimate of 168 bushels per acre, this increase in expected harvested area brought up the projected 2016/2017 corn crop production to 14.