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2009 July 17
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.
2009 July 17
A tax case, Mullins v. U n i t e d States, decided in the U.S. District Court in Knoxville, TN, considered an individual who owned and operated a cattle-raising operation who claimed he was entitled to deduct losses over a period of years.
by WLJ
2009 July 10
There are an awful lot of holes in government schemes these days. One of the biggest seems to be their knack for rolling out plans before theyve properly considered the various aspects and impacts of those plans. Once Congress gets done ramming these plans through, people sit up, take notice, and begin poking holes in the new laws.
2009 July 10
I have been a little tardy in writing this column. You may have heard that when you are busy, thats when you get the most done. Well, summer is not very busy, so I guess thats my excuse. There are some events that happen and are covered by the press and yet those stories dont always tell the whole story.
2009 July 10
Usually, when businesses buy and sell inventory, one of three things happens. Under option one, the item sells for more than it was purchased for and one has the opportunity to make money. The second is the break-even option. This is when an item sells for the same as the purchase price.
2009 July 7
Boy, talk about market volatility. The corn acreage report came out last Tuesday. USDA said there were 2 million more acres planted than they originally thought and bam, July corn dropped 30 cents to $3.47. The same day, live cattle dropped $2.10. But the good news, for many of our readers,
2009 July 7
The first set of cows averaged just more than 1,400 pounds at spring turnout on crested wheatgrass. They are part of a study involving cropping rotations and range systems harvested by grazing cow/calf pairs and early weaned calves. The second set of cows averaged 1,060 pounds when turned on crested wheatgrass this spring.
2009 June 29
As far as I can tell the debate over global warming was never finished. There still seems to be disagreement over whether or not its even a problem, but Congress is working on major legislation hoping to do something about it. For every scientist that endorses the concept of climate change there is one that disputes it.
2009 June 29
The cattle business is a profession that requires considerable education and experience. In other words, the managerial inputs need to be well thought out so that the ramifications or consequence of doing or not doing something has the desired outcome.
2009 June 26
As far as I can tell the debate over global warming was never finished. There still seems to be disagreement over whether or not it’s even a problem. But, Congress is working on major legislation hoping to do something about it. For every scientist that endorses the concept of climate change there is one that disputes it. The evidence used to justify climate change is equal to a nanosecond of geologic time.
2009 June 19
There is a lot of legislation concerning agriculture circulating in Washington, D.C. I dont think I have ever seen so many issues that would have a direct effect on agriculture being worked on at one time: The Clean Water Restoration Act, which just passed out of the Senate committe on
2009 June 19
Demand for beef is down. Can you blame the recession? Not entirely, but its a darned inconvenient coincidence. Its hard to argue that beef quality was too low, because production of every class of premium beef has been trending up for some time.
2009 June 19
The beef business never has been short on opinions. Good opinions and the willingness to share those opinions are the core to any dynamic, independent business. For beef producers, independence is manifested in the concept, I need to get the work done.
2009 June 12
Last week, the USDA supply demand report for grains suggested that the ethanol industry is estimated to consume another billion bushels, creating more pressure on the market and creating more pressure for cattle prices as well. In a report released last week by the Food Manufacturer Association and the National Turkey Federation, Implications for U.
by WLJ
2009 June 12
For the second time in just over a year, the Western Watersheds Project (WWP) has filed a lawsuit against the Washington Department of Fish and Wildlife (WDFW) to try and stop pilot grazing programs on WDFW land.
2009 June 12
In a lengthy decision, the Tax Court recently underscored the difficulties taxpayers have in convincing the IRS that family-run farms are engaged in for profit. The case, Smith v. Commissioner, T.C. Memo 2007-368, ruled on two families limited partnerships, involving a cow and dairy farm, a cutting horse operation, and dog breeding.
2009 June 5
This past week was a real lesson in the volatility of our cattle markets. Feeder cattle contracts took a beating, with the August contract taking nearly a $4 hit while chasing live cattle contracts down to new lows. I suppose there were some expectations that the mar.


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