Although it seems like I’m still brand new, November will mark the end of my first year as Executive Director of the Public Lands Council. It will also mark my first time notching 100,000 miles of air travel in a single year.
There was plenty of blame to go around as cattle owners assess their positions in a market that can’t find a bottom. Some advanced the notion that computerized trading in the futures was responsible for the large drop in prices. Others faulted formula selling.
Since 1918, the Tax Code has provided for the net operating loss carryover (NOL). It is a fundamental feature of U.S. tax law. According to IRS statistics, in 2014 over 1.2 million taxpayers filed for an NOL deduction, with the average amount being $163,292 for a total amount of $196.
When the country-fried Machiavellian named James Carville was advising future President Bill Clinton to stay on message and cut to the core worry of voters in 1992, he developed a mantra for the campaign to chant its way to victory: “It’s the economy, stupid.
It’s the expansion phase for the North American beef cow herd. For most farmers and ranchers, that means finding ways to increase the number of cows rather than the size of each. And of course, everybody’s talking about size— makes sense when you think about the escalating annual cost of keeping an average cow on the place.
Never before has the agriculture industry faced as many challenges as we do today, and they are not expected to subside anytime soon. We have all seen the statistics: 9 billion people by 2050. Feeding this increased population will require at least a 60 percent increase in agricultural productivity.
In the article on Sept. 23, 2016, “NCBA files for intervener status in checkoff case,” National Cattlemen’s Beef Association (NCBA) made false statements regarding the beef checkoff audits. Organization for Competitive Markets (OCM) would like to set the record straight.
Becoming Beef Quality Assurance (BQA)-certified allows us to share our story and ensure consumers that we are responsibly raising a safe, wholesome, and healthy beef supply. BQA practices show us the best management practices for handling cattle, tending to their health, and taking care of the environment.
Enacted in 1973, the Endangered Species Act (ESA) was intended to prevent the extinction of species through recovery and removal from the threatened and endangered list. However, after more than four decades, the ESA is failing with a recovery and delisting rate of less than 2 percent.
Not many people in the beef industry would prefer a pork chop to a beef ribeye, but consumers aren’t that faithful to one protein or another. While they have preferences, their choice of meat in the grocery store is often determined by price and how much meat their dollars will buy.
Some of my first assignments included writing about what the “prediction of $4 corn” would do to cattle management and the possibility of camera grading in U.S. packing plants. Many Reiman-authored articles circa 2006 or 2007 talk of “marbling as a lifetime event.
I appreciate your interest in investigating and resolving unauthorized grazing practices. As the Director of the State of Utah School and Institutional Trust Lands Administration (SITLA), I am entrusted with the responsibility of overseeing a 3.
Following is one such note: “I read with interest a recent column of yours dealing with selling calves in the fall at the same weights year after year despite the increasing overall carcass weights. The point of this email, though, is to question what the other alternatives are.
As producers, we ask, “Do consumers still want beef?” By volunteering as a member of the Cattlemen’s Beef Board, I’ve learned that the answer is, “You bet they do!” Consumer demand for beef remains strong despite marketplace challenges, such as issues around supply and weather.
The countdown has begun once again for beef and dairy producers to become Beef Quality Assurance (BQA)-certified for free online through Nov. 13. And, as an added bonus, anyone who becomes certified during this period is eligible to win a prize package, courtesy of Boehringer Ingelheim Vetmedica, Inc.
The producer may or may not be heavily involved, but the calf buyers are very involved. Buyers know most cattle and have kept track of previous years’ performance. For the most part, the performance history of each load of calves is noted and calls go out to get more calves like those.
It has been easy to observe the loss of speculative longs in the cattle futures. Futures prices have been volatile and the actual contract construction is flawed and left wanting in order to be an effective tool for use by the industry. Navigating through daily swings can be nerve racking.
In a pure and perfect free market, prices for our cattle and calves are determined by the supply of cattle, the value of the beef and byproducts, less the incremental or remaining costs to grow, finish, and transform our cattle into the end products. Prices are also influenced by forward expectations for those values.