eeder cattle markets had a nice rally last week with the August feeder cattle futures gaining nearly $4 for the week. Last Wednesday the contract finished the day at $226.77; Feb. 24 marked the low point at $196.87, so we’ve seen a 15 percent increase in the contract value.
A shepherd is one who cares for a flock. However, a shepherd does not necessarily just care for sheep because anyone can be a shepherd by caring for those around him or her and helping as needed. That caring and helping process also is a protection process.
All of our herd must be in optimal shape in order to attain prime breeding potential, but first-time heifers may have special needs. In order to create “reproduction momentum” in your herd, body condition scoring becomes paramount. A perfect world would allow for all cattle to breed and re-breed in an efficient, timely manner ever year.
Clean water is a good thing, but I’m not sure that the way the Environmental Protection Agency (EPA) is going about ensuring our clean water supply is a good thing. While EPA says that traditional uses of agriculture water are not affected by the new clean water rule, I have.
How often we hear a grocer or restaurateur say, “What I want to buy is some of that good Midwest corn-fed beef!” Where does that come from? Part of it relates to the long history of feeding cattle there.
The recent rulings with the WTO appear justified in their findings, as Canada and Mexico have been fighting the imposed rule as unfair and detrimental. The original intent of COOL was to increase the value of domestically raised beef; however, it has done the opposite.
Let’s say you really like steak. Maybe you’ve known that for decades or you only recently discovered that ideal combination of aroma, tender juiciness and flavor. Either way, this is a time when it costs more than ever to buy a steak, and it’s more likely than ever to be a great experience.
All wealth to the industry comes from consumers so it’s important to monitor retail and foodservice beef sales. There are divergent feelings among analysts about whether beef demand has gotten stronger or weaker in the past year, and I’ll leave it to them to fight it out.
It was quite a week for Country of Origin Labeling. The World Trade Organization (WTO) came out with their final ruling over the legality of COOL. Mexico and Canada had filed complaints with the WTO in 2012 and forced the USDA to come up with another rule.
Short phrases sometimes say a mouthful. For example: beef checkoff. Those two simple words amount to a return of $11.20 worth for every dollar that beef producers and importers invest! That’s not just a mouthful, that’s a fistful, and something worth shouting about.
I grew up working on large cattle ranches in Lewistown, MT. As a financial advisor for over 25 years, I’ve spent much of my time working with agricultural families. In my experience, farmers and ranchers are hard-working, industrious, self-reliant and frugal individuals.
Congress pushed back at the Environmental Protection Agency last week with legislation that would force them to back off their proposed rule redefining the Waters of the U.S., also known as WOTUS. The Regulatory Integrity Protection Act passed the House last.
Earlier this year I sat in on a presentation given by a “grill master,” who personally owns and uses 36 different grills. Trust me when I say he’s a professional. He said there are four keys to the perfect steak: good equipment; good meat; good seasoning; and good instructions.
Animal welfare has grown from providing adequate food, water and shelter to also managing pain control before, during and after procedures and aging changes. Managing pain control during common procedures such as dehorning, branding, and castration, as well as treating chronic lameness and acute injuries, are rapidly becoming more prevalent.
Some trends in the cattle industry we can predict but others surprise us—like the magnitude of the upswing in cattle prices over the past few years. But when grain prices slumped in 2014 and cattle prices headed still higher, it shouldn’t have surprised anyone that we starting adding days on feed (DOF) to feedlot cattle.
Agricultural producers often experience feelings of uncertainty that are sourced in many day-to-day issues. The biggest uncertainty is the weather. Those operations that push the limit for production will experience greater uncertainty than those that target production to the long-term average.
When I listen to arguments, I often find myself running mental commentary on the communication strategies used by the speakers to sway the other side. As I’ve watched the “conversation” over Waters of the U.S.
As the checkoff’s 2015 Beef Quality Assurance (BQA) Cow/Calf Award winner, for us, BQA and ranching is a family affair. We strive to teach our four children proper BQA techniques and provide them with every opportunity to expand their own knowledge.