Dennis Hellwig, the primary investor in an Aberdeen, SD, beef processing plant having trouble getting off the ground, says he still plans on building the facility despite financing problems. Only now, the target date for commencing operations is sometime in Maya year later than initially planned.
In keeping with the general economy and beef markets, the steers fed in the recently completed Missouri Steer Feedout lost more money per head than any group since the program began in 1981. Eldon Cole, a University of Missouri Extension livestock specialist, says the $154.
As consumer attitudes towards the source of their food change, so do the minds of many school lunch planners who have adopted, or at least researched, a switch to meat and produce which is locally raised.
This is generally when we do the top 10 stories of the past year. I thought we might try and change that and look at what could be the top issues for the next year. Its clear that change is in the wind and I would expect the wind to start blowing Jan. 20 when President-elect Barack Obama is sworn in.
The Internal Revenue Service (IRS) raised a record of $48.7 billion in revenue in fiscal year 2006revenue generated from audits of individuals, small businesses and corporations. There are about 115,000 IRS employees. This translates into a significant net profit to the government.
Mr. Crow, While I am not totally certain of the readership base of this publication, I fully realize that my message needs to be directed to the members of Congress, specifically starting with those from the western United States. The issue of the health and welfare of our aging, ever-increasing horse population is most concerning.
The federal government made revisions last week to regulations regarding how the Department of the Interior and the Department of Commerce would handle the impact of greenhouse gas emissions on endangered species.
The 2009 National Western Stock Show (NWSS) is gearing up for its two-week run and preparing for another big year. The 103rd annual show will run Jan. 10-25, 2009, at the historic Denver Stockyards. There will be a wide variety of exciting and educational events for visitors, and tough competition for livestock producers at this years event.
Any hope farmers had of receiving full payment on their corn contracts from VeraSun Energy Corp. may have evaporated at the hands of a U.S. Bankruptcy Court judge in Delaware who ruled recently that the ethanol producer can accept or reject corn contracts within 10 days of their due dates.
Agriculture Secretary Ed Schafer on Thursday announced the intention to establish a new USDA Office of Ecosystem Services and Markets and the creation of a federal government-wide Conservation and Land Management Environmental Services Board
In order to better match supply with shrinking demand, Tyson Foods Inc. is cutting both beef and chicken production, the latter of which marks a significant development in the poultry industry, according to Stephens Inc. analyst Farha Aslam.
For purebred breeders and commercial cattlemen who sold calves early, it has been a pretty good year. Looking ahead is filled with a lot of uncertainty, but one thing about the food business is that there is always a market. I dont know how many purebred breeders have asked me its been a lothow I thought the bull market was going to be this next year.
Cash fed cattle trade started last week off light, but as the holiday break approached and packers began offering $135 on a dressed basis, trading picked up rapidly. Selling interest for the dressed deals significantly outstripped that of the live cattle, as the few deals done in the south early last week hovered in the $84-85 range.
USDA's National Agricultural Statistics Service issued the final cattle on feed report of 2008, Dec. 19, and it held some early Christmas surprises for the industry. Total numbers of cattle on feed remain well below year-earlier levels. Total cattle on feed numbers stood at 11.
Secretary of Agriculture Ed Schafer recently made the announcement that USDA intends to establish a new agency, called the Office of Ecosystem Services and Markets (OESM), along with a federal government-wide Conservation and Land Management Environmental Services Board (CLMESB).
In order to better match supply with shrinking demand, Tyson Foods Inc. is cutting both beef and chicken production, the latter of which marks a significant development in the poultry industry, according to Stephens Inc. analyst Farha Aslam. While the beef cuts are positive, the chicken cuts are truly significant, Aslam wrote in a note to investors.