Agriculture Secretary Tom Vilsack announced May 14 that the U.S. Department of Agriculture (USDA) is investing $6.5 million in the Ogallala Aquifer region this year to help farmers and ranchers conserve billions of gallons of water and improve water quality.
Agriculture Secretary Tom Vilsack has announced USDA’s plan to implement a farm bill provision that will have a major policy impact on the way the Department of Agriculture helps rural communities plan and finance regional economic development strategies.
The USDA’s National Institute of Food and Agriculture (NIFA) is seeking applications for the Veterinary Medicine Loan Repayment Program (VMLRP). The program is available to repay qualified educational loans for eligible veterinarians in exchange for veterinary services in designated shortage situations.
Auctioneer C.K. “Sonny” Booth, Miami, OK, will be the sixth person inducted into the North American Limousin Foundation (NA- LF) Hall of Fame with a ceremony on June 30, 2015 in Tulsa, OK. Induction into the NALF Hall of Fame is the highest honor the foundation can bestow upon an individual.
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.
If you are considering selling a farm or ranch, there are important tax and financial planning issues of which you need to be aware. Engaging in planning prior to a sale is critical for identifying these issues and for implementing strategies to effectively address them.
Production estimates for this year were increased 58 million pounds to 24.34 billion pounds, mostly on increased carcass weights. This plus trade changes upped the estimates for per capita availability of beef by a half-pound to 54.6 pounds per person.
Mexico is the second largest importer of U.S. beef and beef variety meats in volume (216,386 metric tons) and third largest by value ($925 million), according to the United States Meat Export Federation (USMEF). Mexico is also one of our largest trading partners, as more than $1.
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.
Although pork exports were down from the large totals recorded in March 2014, export volume was the largest in 11 months at 191,041 mt. This was 9 percent lower than a year ago, but a 10 percent increase from February. Export value of $495.3 million was down 18 percent year-over-year, but up 5 percent from February.
The grazing season is most commonly thought of as grazing during a period of time while the base forage is actively growing. This works great for producers who are seasonal in nature, such as stocker operators who grow winter annual pasture then completely utilize the pasture with stocker calves.
“USDA’s monthly Cattle On Feed report was the same song and pretty much the same verse,” said Steve Meyer and Len Steiner of the CME Daily Livestock Report of the recent report. They summed up the performance as “Big feeder cattle, low placement numbers, even lower marketings and tight, tight inventories.
In 2013, steers made up 50.1 percent of the total cattle processed. For 2014, that number is 51.8 percent. Heifer slaughter declined very slightly, from 28.6 percent in 2013 to 28.2 percent in 2014. Cow slaughter declined most notably—18.1 percent compared to 19.