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Livestock Industry Opinions

by WLJ
2016 August 26
The concept is simple and the analysis is the same regardless of the sector of the beef industry; beef producers are margin operators. Similar to other manufacturing businesses, you have inputs and outputs. You have fixed costs and variable costs.


by WLJ
2016 August 26
By now, you have certainly heard that changing U.S. Food and Drug Administration (FDA) regulations (VFD, Guidance 209 and 213) will change the way we use antibiotics in the near future. But what does that mean for your ranch or feedyard and what do you need to do about it? The short answer is to get to know your veterinarian, and make it official.


by DTN
2016 August 26
Depending upon shifting political agendas, many professional and amateur economists (past, present and future) insist that demand is much more complicated, significantly shaped, stretched, and shrunk by realities ranging from country of origin to...



2016 August 19
The nonprofit Property and Environment Research Center (PERC) produced an interesting report about the growing wildfire threat last week. They asked the question, “Did larger fires lead to larger wildfire budgets, or larger wildfire budgets lead to larger fires and greater suppression expenditures?”

2016 August 19
Contrary to what many agricultural families think, land does not need to be exchanged for other land. You can exchange land into many types of investment property, such as office buildings, rental houses, apartment complexes, storage facilities, retail strip malls, etc.

2016 August 19
When you have just enough cows to name them all, it’s easy to characterize them by appearance, temperament and some might even say personality. Kids like to find names to fit. Twister was one of ours 20 years ago, an outlier for poor docility that left no daughters in the herd.

by WLJ
2016 August 5
More of any commodity drives prices lower while less supply moves them higher. Certainly great examples of the latter would be the drought of 2007 driving corn prices up and the cow herd liquidation driving cattle prices higher in 2014. So we do know this supply/demand concept works.


by WLJ
2016 August 5
We write this open letter to the U.S. presidential and congressional candidates and your party to offer guidance as to the path forward for federal land policy in the western U.S. These are the top 10 position statements that would aid in mitigating the rhetoric and in advancing viable solutions associated with the working landscapes in the West:.


2016 July 29
Upper Iowa Beef in Lime Springs designed a traceability system that would allow consumers who bought its beef in a retail store or ordered it in a restaurant to use their smart phones to scan a QR (Quick Response) code to find out about the beef’s origins.
by WLJ
2016 July 22
Like most of you, I’ve grown up in ranching, following several generations of my family in the cattle business. It’s been a way of life, and it’s something I really enjoy. While the ranch operation is predominantly cow/calf, I also began retaining ownership and taking them all the way to the feedlot.


by DTN
2016 July 22
I normally avoid state income tax issues in my column, given that our readership is national. But you might be amused at some of the political discussion in Minnesota over the state’s latest income tax hike. And there’s a lesson to be learned about a retired farmer’s ability to escape a high-taxing state.


2016 July 15
If this person did a 1031 exchange on the $4 million property, the $875,000 that would have gone to pay taxes could be invested in additional real estate. Assuming the $875,000 of real estate returned 7 percent per year, it would provide an additional $61,250 per year of income.




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