Auctioneer, rancher, horse breeder, pilot, Dean Parker passed away peacefully at home August 20, 2009, due to heart failure at the age of 78. Mr. Parker served the Pacific Quarter Horse Association (PCQHA) for many years as a member of the board and as auctioneer for all the PCQHA auction sales for many years.
The market for yearling feeder cattle has stayed quite strong this summer and has appeared to trade without much of a freight basis. For example, 850-pound steers in Nevada are trading at or near the same price as they are in eastern Wyoming.
Most of tax law is in grey areas. For instance, reasonable people, including those within the IRS bureaucracy, will disagree on what constitutes an ordinary and necessary business expensea big area of tax deductions. Another area concerns whether litigation proceeds to compensate for damages to farm or ranch property constitute taxable income.
In food production, things are never the same because many variables come into play on a daily basis. The other day I noticed the raspberry bushes were full of raspberries. Most would say that they are supposed to be. However, the real answer is that the raspberries are not supposed to be there because the birds always eat them.
The Grain Inspection Packers and Stockyards Administration (GIPSA) is all of a sudden getting reacquainted with the cattle industry and has been very aggressive checking up on auction markets and cattle dealers. For many years, you could go on their Web.
Four things beef producers might want to think about are food safety, seamless regionalized calf-tofeedlot health connectivity, implementation of improved RFID (radio frequency identification) technology, and value capture for the producer. Realized or not, these four points have a significant impact on the beef industry.
It seems there is little on peoples minds these days that doesnt somehow relate to the issues being debated in Congress. There are so many plates on the table, its hard to know where to begin, and unfortunately, not much of it looks good. Its kind of difficult to swallow.
Food safety has been getting a lot of attention lately. In response to the peanut butter, pistachio, and toll house cookie recalls, the House Energy and Safety Committee has approved the Food Safety Enforcement Act of 2009 to strengthen and expand the U.
The new scores for beef cattle performance have just arrived. The scores are the annual North Dakota Beef Cattle Improvement Association (NDBCIA) benchmark values gathered from producers utilizing the CHAPS (Cow Herd Appraisal Performance System) program.
JBS has been on a tear, growing their global red meat operation. Five years ago, this global powerhouse didnt exist; JBS was just another beef processor in Brazil. In three short years, they have invested over $3 billion in just the U.S. beef industry alone, purchasing Swift, Smithfield Beef and Five Rivers Cattle Feeding.
Memo to federal food safety officials: Want to protect consumers by eliminating E.coli O157:H7 from the food supply? Then invest in the commercial use of a vaccine for cattle. Then make its use mandatory, but pay most of the vaccines cost to cattle producers for the first few years.
Management generally implies input followed by discussion, decision and implementation. The amount of input generally reflects the seriousness of the topic. Recently, the Dickinson Research Extension Center discussed the allocation of cattle resources. Believe me, everyone sat up at the table.
If you listen to USDA rant about cap and trade, you would think the program will be a big cash machine for agriculture. Last Wednesday, USDA Secretary Tom Vilsack, along with Environmental Protection Agency (EPA) boss Lisa Jackson, testified in a Senate Ag Committee hearing that cap and trade will be good for farmers in the near term and in the long term.
How does one capture value? That is not an easy question to answer. As a boy, I remember visits to the farm by some big city cousins who did not have the advantage of growing up on the farm. They wanted to help, and one particular point that stands out was the feeding exercise.
Pete, I greatly appreciate and agree with your comments on the pending legislation that is currently in D.C. Please continue to cover this regularly, as there are a lot of smoke and mirrors coming from the proponents of the legislation that have most folks too confused to decide whether these new regulation and programs are good or bad for the country.
Rollie Barnard, retired financier and former mayor of Greenwood Village, CO, named Citizen of the West in 1994, died of cancer on July 2. He was 87. A celebration of his life is scheduled to take place at 4 p.m., July 29, at the Denver Zoo.
Just think about it, our new, very young presidential administration, with the aid of a House of Representatives that has burned out nearly all their brain cells and a Senate that can do pretty much whatever the leadership wants, is wreaking havoc on the American economy.