Cash cattle trade was quiet today with no prices to report. Corn closed
up 5 1/2 cents in the September and up 5 1/4 cents in the December. The
Dow Jones Industrial Average rose 390 points or 2.4% on the close.
Compared to last week, yearlings traded mostly steady to 3.00 higher
(mostly early to midweek) with calves selling steady to 5.00 higher. In
the Southeast calves traded unevenly steady to 3.00 lower. Several
auctions late in the week mostly in the Northern Plains were 5.00-10.00
lower when compared to two weeks ago.
The cash fed cattle market was mostly completed by Thursday last week with almost 46,000 head confirmed sold. Live cattle were trading for $140-142 live with averages trending in the low end of the range and dressed cattle were a solid $222 dressed. This was $4-7 lower live and down $11-12 for dressed compared to the prior week’s sales.
With a value of $2.38 trillion, farm real estate (land and structures) accounted for 81 percent of the total value of U.S. farm sector assets in 2014. Because it comprises such a significant portion of the U.S. farm sector’s asset base, change in the value of farm real estate is a critical barometer of the farm sector’s financial performance.
U.S. cattle producers are responding to recent recordhigh prices by expanding their herds, but Americans’ appetite for beef will play a crucial role in how the larger supply will play out for the producer’s bottom line, according to a Kansas State University (K-State) agricultural economist.
Of the 911 million acres of land in farms in the continental U.S., 61 percent is operated by the land owner, according to the 2014 Tenure Ownership and Transition of Agricultural Land (TOTAL) survey. Another 8 percent (70 million acres) of land in farms is rented from other farm operators.
The Clean Water Rule, set to be implemented Aug. 28, was barred from implementation in all 50 states by a federal District Court judge in North Dakota. On Aug. 27, Judge Ralph Erickson ruled on behalf of 13 states that the effective date should be delayed due to “the irreparable harm it would cause the states.
On Aug. 27, several law offices— including Budd-Falen Law Offices and the Pacific Legal Foundation—filed suit against the Environmental Protection Agency (EPA) representing Wyoming rancher Andy Johnson.
Death by fire is threatening a growing number of livestock operations in the Northwest. As of Sept. 2, almost 2 million acres of active, large fires raged—mostly in Washington, Idaho, Montana and Oregon. Many of the infernos are less than 50 percent contained, according to the National Inter-agency Fire Center.
“The goal for this program is to provide cattle producers with the knowledge and skills to be profitable in their operation,” said Erin Davis, Texas A&M AgriLife Extension Service Agent for Freestone County.
Despite the challenges of a prolonged drought, data reported last week from USDA shows California farmers had just under $54 billion in cash receipts for crops and livestock in 2014. Of those totals, $38.7 billion came from crops, of which fruits and nuts accounted for $21.
Bred replacement heifers that will calve in January and February need to continue to grow and maintain body condition. Ideally, two-year-old heifers should be in a body condition score 6 at the time that their first calf is born.
Ohio 4-H is bringing agricultural science to two urban elementary schools in inner city neighborhoods. The idea is to increase student awareness that food and agriculture are viable career options, even in areas with little green space and limited local employment opportunities.
District Judge Robert Junell in the U.S. District Court of the Western District of Texas overturned the U.S. Fish and Wildlife Service’s (FWS) April 2014 listing of the lesser prairie chicken as threatened under the Endangered Species Act.
The Natural Resources Conservation Service (NRCS) is committed to continue working with ranchers and land managers to conserve habitat for sagegrouse. This was the message Aug. 27 as USDA Secretary Tom Vilsack announced a four-year strategy to invest approximately $211 million in conservation efforts to benefit the greater sage-grouse.
Lawyers for a group of 85 Nebraska landowners submitted written arguments in court on Aug. 31 in a continued battle over the Keystone XL Pipeline. They contend a 2012 Nebraska law unconstitutionally authorizes TransCanada, a foreign pipeline company, to use eminent domain and to take their land.
Corn is rapidly moving through dent stage (R5). Excess rain early in the summer, shallow roots, shortages of nitrogen and a dry August have contributed to corn moving through grain fill more rapidly than expected. Any stress, including a shortened grain-fill period would reduce kernel weight by hindering dry matter accumulation.
Weaning weights are used to evaluate differences in growth potential of calves and the milking ability of dams. In order to evaluate differences in weaning weights, individual calf records must be adjusted to a standard basis.