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Livestock News

2017 May 26
Selling this group creates opportunity for the remaining herd by lessoning the demands on the operation. Life does not always go the direction that we want. And so, there may be truth in the saying, “one person’s loss is another person’s gain.” But with good planning, both should gain, even if the challenge was not desired.

by WLJ
2017 May 19
USTR Robert Lighthizer being sworn in on May 15USTR official photoThe newly-minted U.S. Trade Representative lost no time on honeymoons. Just three days after he was sworn in, Robert Lighthizer jumped
by WLJ
2017 May 19
Verde Farms, based in Boston, MA, and a provider of 100 percent grass-fed and free-range beef, recently announced it has acquired Estancia Beef, the import division of El Raigon Natural Beef based in Petaluma, CA. The terms of the transaction were not disclosed.
by WLJ
2017 May 19
President Donald Trump nominated long-time Iowa Gov. Terry Branstad to be the U.S. ambassador to China and it was expected that the Senate would vote to confirm him last week. According to reports, the Senate is likely to confirm Branstad due in part to his long-standing relationship with China and agricultural acumen.
by WLJ
2017 May 19
We’ve all heard the old saying about the uselessness of closing the barn door—or the gate—after the cows get out.
2017 May 19
On Oct. 12, 2016, 50 percent (chemical lean fresh) trim set its recent low of $31.62/cwt., roughly half of what prices were during the height of the “pink slime” controversy in 2012. Since then, the market gained impressively, setting a new record with a national weighted average of $203.


2017 May 19
Late on the evening of Thursday, May 11, the Department of Commerce released an announcement that China will open to U.S. beef no later than July 16, 2017. The next day was flooded with announcements of appreciation and excited projections of the future.


2017 May 19
I understand why it’s tempting for cattlemen to ask, “Do we have enough quality? Can we start selecting for something else?” Not yet, says the data. Let’s take just take the Prime grade for example. For the last decade, the average annual spread between Select and Prime ranged from $25 to $50/ cwt.
by DTN
2017 May 12
Congress has given some unique privileges in the tax code to farmers. The most important is undoubtedly the ability to use the cash method of accounting. Income is only taxed when converted to cash. All other businesses that deal in goods, rather than services, must use the accrual method.
2017 May 12
March exports accounted for 12.5 percent of total beef production and just under 10 percent for muscle cuts only, each up slightly from last year. For the first quarter, the percentage of total beef production exported was down slightly from a year ago (12.
2017 May 12
For the first three months of the year total cattle imports from Mexico are up 24.3 percent while imports from Canada are down 18.5 percent leading to a combined year-to-date cattle import total up 5.6 percent compared to the same period one year ago. Total annual cattle imports from Mexico and Canada in 2016 were 1.
2017 May 12
Now we have another good excuse to cull cows due to bad temperament. Producers who routinely breed cows artificially realize that cows that are unruly and nervous are less likely to conceive to artificial insemination.
by WLJ
2017 May 12
Texas Gov. Greg Abbott announced May 5 that the state will receive an additional $3.7 million from the USDA to fight the spread of cattle fever ticks in South Texas. The increased funding, which came at Abbott’s request, will be added to the existing budget of $8.
2017 May 12
Compared to the 2016 appropriations bill, most line items dealing with agencies and programs important to agriculture and public lands were steady or slightly up. But there are a couple interesting trends in the new bill. Most notably, line items related to land acquisition by federal agencies were overwhelmingly down.


2017 May 12
Cash fed cattle had taken a hit last week. Over 77,000 head had been confirmed sold by Thursday at live prices of $135-140 down $4-12 compared to the prior week. Dressed prices were a different matter however. The roughly 26,000 head that sold by Wednesday saw dressed prices of $220-224, however, by close of trade Thursday, those prices.




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