The economic downturn that has slammed the residential and commercial real estate markets over the past three years has not spilled over to agricultural properties. A recent report by Rabobank points out that in the past two decades, agricultural land has increased in value by 20 percent to 70 percent, depending on geography.
Nearly 70 percent of rural Nebraskans define animal welfare in terms similar to those promoted by advocacy groups, but most dont think increased regulation of the states livestock practices is necessary to ensure proper care of animals in the state, according to the Nebraska Rural Poll.
It was 1986: A gallon of gas cost 89 cents; a pound of ground beef cost about $1.29 at retail; a movie ticket was $3.71; the average price of the average monthly rent was $385; the average price of a home was $89,430; and the national Beef Checkoff Program went into effect at $1 per head.
Most Nebraska land owners have experienced optimal precipitation this summer while devastation has been occurring in the drought-stricken areas of Kansas, Oklahoma and Texas. Nebraska Cattlemen (NC) is developing a list of individuals with available grass for lease or any other type of forage for sale to help our southern neighbors.
Pfizer Inc. reported higher quarterly earnings last week as higher sales of animal health and nutritional products that the company aims to divest helped offset falling sales of its core pharmaceuticals business.
The beef checkoff financial firewall at the National Cattlemens Beef Association (NCBA) is functioning as it should, according to officials of both NCBA and the Cattlemens Beef Board (CBB), which oversees the Beef Checkoff Program.
The U.S. semi-annual cattle inventory report released July 22 by USDA’s National Agricultural Statistics Service (NASS) confirmed what many industry analysts had been predicting for months; the U.S. cow herd continues to shrink and there is little likelihood the trend will reverse this year. The ongoing drought in the southern half of
As Texas experiences one if its worst droughts on record, the Texas Veterinary Medical Diagnostic Lab (TVMDL) in Amarillo, TX, is reporting increased numbers of cattle dying from water intoxication. Although rare, water intoxication occurs when cattle over-drink, usually following a period of water deprivation. It can
There was some early light trade last week that appeared to be setting the tone for the fed cattle markets. In Kansas, live cattle were trading in low numbers at $107 live at midday last Thursday. In the Corn Belt, early dressed trade was reported at $170. Although the volume was light, it was expected that most of the week’s trade would
He will speak at the Applied Reproductive Strategies in Beef Cattle (ARSBC) conference Aug. 31-Sept. 1. A large attendance of producers is expected from Missouri, Arkansas, Oklahoma and Kansas, says David Patterson, University of Missouri (MU) Extension beef reproduction specialist, Columbia.
The quantity of beef available to consumers in the U.S. has declined a startling amount in recent years, and that trend is going to continue. Unfortunately, even higher retail beef prices can be expected for consumers, said Chris Hurt, a Purdue University Extension economist.
Nearly all cow/calf producers will say their goal is to sell calves for a premium on sale day. However, most buyers will say their objective is to buy healthy calves as economically as possible. While these may seem like competing interests, both buyers and sellers can get what they want with calf preconditioning programs.
An updated report on the science surrounding Chesapeake Bay water quality confirms that serious and significant differences exist between the Environmental Protection Agencys (EPA) Bay Model and the model authored by the Agriculture Department.
These are encouraging times for the U.S. farm economy, said AFBF Chief Economist Bob Young. Higher prices for corn, cotton, wheat and soybeans are helping farmers, but higher energy prices are impacting profit margins.