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Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
Some ranchers engage in two separate activities, such as the raising of cattle and the raising of horses--and account for these separately on their tax returns. For example, in Charles Givens v. Commissioner IRS, T.C. Memo 1989-529, the taxpayer considered his horse breeding and cattle raising activities as one business. He disclosed the combined losses from these activities on Schedule F for the years at issue. However, in his testimony in Tax Court he frequently described his activities as “two businesses,” and he maintained separate profit and loss records for each activity. The court concluded that he was engaged in two
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
To the editor, On December 8th, the U.S. Supreme Court finally heard oral arguments on whether the Beef Checkoff is legitimate "government speech." The USDA side argued that the Checkoff is constitutional because federal bureaucrats approve Checkoff Beef Board member nominations and have the power to censor program content. Our side argued that the Checkoff structure amounts to both forced taxation and forced speech and association without the basic right to publicly elected representation. Constitutional law expert Laurence Tribe spoke on behalf of the livestock auctions (Livestock Marketing Association) and the Western Organization of Resource Councils (WORC) of which Northern Plains is
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
South Korea said the discovery of a new case of bovine spongiform encephalopathy (BSE) in Canada, the third known infection among North American cattle, may delay a resumption in beef imports from the country. South Korea earlier banned imports from Canada and the U.S. following BSE infections. South Korea consumed 443,000 tons of beef in 2004, the fourth largest in Asia after China, India and Japan, according to the USDA’s Foreign Agricultural Service (FAS). “We’ve been banning imports of Canadian beef since May 2003, and resuming imports from Canada may be delayed further,” said Kim Kyu, a veterinary officer at South Korea's
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
Far West and northern tier bull producers appear bullish about the 2005 bull sale season as bull consignments for the annual Red Bluff Bull & Gelding Sale, Red Bluff, CA, are up from last year. Not only is herd rebuilding or expansion projected this year, but sale officials said higher-than-ever calf and yearling prices for 2004 could result in more bulls being demanded and/or more money being paid for herd bulls. This year’s event is scheduled for Jan. 25-29. Bull entries for 2005 total 437, up from the 375 head consigned last year. This year’s bull sale features bulls from 12
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
The Russian government has experienced delays in issuing full implementing regulations for the 2005 poultry quota and beef and pork tariff rate quotas, according to a USDA trade attache report dated Dec. 30. Even if the necessary resolutions are passed before the New Year holidays, most Russian imports of U.S. poultry and pork will not resume until at least February 2005. “The Russian government has hindered access for the largest agricultural commodity imports for the second straight year by delaying the issuance of implementing regulations for the 2005 poultry quota and beef and pork tariff rate quotas (TRQ),” the report said. “The
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
The U.S. Fish and Wildlife Service (FWS) reinstated livestock producers’ rights to fully protect their animals against wolf depredation with the adoption of the “10j rule” on Jan. 3. The new rule will apply to Idaho populations, except those north of Interstate 90 in northern Idaho, and parts of Montana inhabited by the “nonessential experimental population.” No parts of Wyoming will be allowed to exercise the provision, since Wyoming’s wolf management plan has not been approved by FWS. Rule 10j says wolves on private property posing an “imminent threat” of attacking livestock, or livestock herding and guarding animals or dogs can
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
The 60 day average weight was 968 lbs. with a progressively concentrated ration, currently maintained at 30 percent. Shipping fever was at a minimum this year, but some low level respiratory infection briefly resurfaced. The highlights of the 60 day progress report show the Black Angus led by test bull #116 with an ADG of 4.13 lbs. He is owned by Henson Cattle Co. of Enterprise, OR. Tied for second are bulls #108 and #119 with an ADG of 4.11 lbs. Bull #108 is a Jan. 22 calf sired by Hyline Travel Agent. He is owned by Ye Ole Bovie Ranch,
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
Announcements of possible infections of bovine spongiform encephalopathy (BSE) in the cattle herd has a great impact on the market because of consumer concerns of contracting the human form of the disease. But, what if researchers find a cure for this family of diseases? The impact on the market, and on producers, could be greatly lessened. Doctors and executives at St. Louis-based GenoMed decided to find a way to treat or prevent prion diseases, also known as transmissible spongiform encephalopathies (TSEs). To help with a project to test the patent-pending treatment, GenoMed enlisted the cooperation of British and Japanese experts. GenoMed CEO
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
— Four plants shut down for 3-5 weeks. — Washington plant to single shift. Tyson Foods last week announced it was temporarily shutting down all shifts in four of its cattle/beef processing facilities and suspending one of two shifts in another facility. The company’s formal statement said the shutdowns are expected to last three to five weeks. There was some indication, however, that one or two plants may be “dark” for a longer period of time. The four operations suspending all shifts are in Denison, IA; Norfolk and West Point, NE; and Kuna, ID. The second shift is being discontinued at Tyson’s cattle
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 10, 2005
Several market analysts said last month’s boxed beef sales indicate domestic beef demand is better than once projected and that fed cattle prices could remain $90 or higher throughout much of the first few months of 2005. Most sources said a 14 percent increase in boxed beef sales between December 2003 and December 2004 and a 9.5 percent increase from December 2002 shows domestic demand is very strong for U.S. beef right now. Market analysts said that extra movement was surprising since 70-80 percent of U.S. export markets are still closed to U.S. beef. “There were over 2,700 more loads—108 million lbs.—of
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 7, 2005
— Marbling, quality grade not affected. Cattle feeders may be well served to feed cattle “organic” zinc supplements instead of more readily available “inorganic” sources of the important trace nutrient, according to researcher from Colorado State University (CSU). A cattle feeding study held during the summer and fall of 2004 showed that feeding organic zinc led to improved yield grades in fed cattle, compared to inorganic zinc supplementation. According to Terry Engle, assistant professor of animal science at CSU, organic zinc is bound to a group of proteins or amino acids, instead of being fed in the inorganic, or sulfate, form. “Our study
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 3, 2005
The Conservation Reserve Program (CRP) needs to refocus on improvements to water and soil quality, according to a news release from four grain-related organizations. Those organizations urged the USDA that substantial changes need to be made in the CRP to sustain growing demand for grains and oilseeds. The CRP should shift away from whole-farm enrollments, the four organizations said in a joint statement submitted in response to USDA’s request for comments on long-term CRP policy. Under the CRP, enrolled acreage is idled under 10- to 15-year contracts, with USDA making annual rental payments and financing up to 50 percent of the cost
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 3, 2005
The U.S. Congress recently approved the Miscellaneous Trade Bill, which includes language calling for a two-year extension of the American Wool Trust. As ranking member of the finance committee, Sen. Max Baucus (D-MT) led the effort in the Senate along with Sen. Craig Thomas (R-WY) in extending the trust through 2008. The American Wool Trust, which was established in 2000 in agreement with the American Sheep Industry Association (ASI), utilizes a portion of the wool tariff to advance the marketing potential for U.S. wool, improve wool quality and enhance production information. The Trust has been the instrumental factor in the success of the
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 3, 2005
Australia has suspended imports of beef from Brazil after a suspected case of hoof-and-mouth disease (HMD). The case has been reported on a property in a state of the country which had been recognized as HMD free. Australia’s Minister for Agriculture Warren Truss said Australia has only ever imported a small sample of Brazilian beef for processing, but all import permits have now been canceled. “We do not import beef from Brazil in any quantities and so there's no likelihood of there being significant quantities coming into Australia," he said. “But any risk is too much risk in these circumstances, and so all import
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 3, 2005
Promo boosts steak sales A recently-concluded 15-week retail promotion resulted in a spike in sales of steak cuts most commonly grilled, according to the National Cattlemen’s Beef Association. The promotion was said to have contributed to a 2.2 percent gain in unit sales over the summer and an 8.2 percent increase in dollar sales. Radio advertising and in-store promotions, as well as a partnership with Kraft's A-1 steak sauce, which gave away grills to contest winners, were some of the high points of the promotion. The promotion ran in 44 U.S. markets from May through Labor Day and was funded by
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 3, 2005
Brazil’s meat industry is looking to consolidate on a spectacular year of growth in 2004, cementing its position as the world’s largest meat exporter. Beef, chicken and pork exporters saw orders grow despite a recent import ban by Russia, its largest client, and continuing restrictions on Brazilian meat in the Far East. Meat shipments are expected to total $5.8 billion in 2004, some 42 percent higher than 2003, with physical sales expected to reach 4.2 million metric tons, 23 percent higher than the year before. The challenge for Brazil’s industry is to take advantage of the continuing sanitary problems in competing countries and
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 3, 2005
— Export, domestic demand both helped. While the Dec. 23, 2003 confirmation of BSE being found in a cow located in Washington-state turned the U.S. cattle industry on its ear, the U.S. pork industry found the ramification from that situation much more to its liking. According to Chris Hurt, livestock economist at the University of Purdue, that single case of BSE was almost singlehandedly responsible for one of the biggest pork market turnarounds in U.S. history. Hurt remembers that the U.S. hog market started out 2004 with cash prices mostly in the $30 range. By April, prices had risen significantly as export
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 3, 2005
— Earliest date to apply in April 25. California cattle producers are hopeful that 2005 brings fewer bovine tuberculosis (TB) testing requirements and that restrictions on shipping cattle across state lines will be significantly lessened. Currently, the California Department of Food and Agriculture (CDFA) projects it will ask USDA to consider reinstating TB-free status for the state in late April. The first day the state can do that, according to federal regulations, is April 25, and the process USDA would then go through is expected to be at least three months, if not a little longer. The date for reapplying could be
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 3, 2005
The U.S. Department of Agriculture (USDA) last Wednesday announced Canadian live cattle destined for slaughter and all classes of Canadian beef would be allowed reentry into the U.S. starting March 7, pending no more positive cases of BSE are found north of the border before that deadline. Questions surrounding Canada’s ability to meet the no more BSE infection criteria surfaced later that day after the Canadian Food Inspection Agency (CFIA) announced that preliminary testing indicated a 10-year-old cow could be infected with the disease. If confirmatory tests come back positive for the disease, it is unlikely Canadian producers will be allowed
Cattle Market & Farm Reports, Editorials
by WLJ
Jan 3, 2005
The Canadian cattle import rule was announced last week by USDA and the intention is to resume full beef and cattle trade with Canada starting March 7. The announcement comes one year after the U.S. found its Canadian case of BSE and nearly 19 months after Canada announced its first case of the disease. Last Wednesday’s announcement will, without doubt, cause an immediate reaction from R-CALF USA who is expected to file an injunction to the rule stating that a previous risk assessment of Canada’s BSE measures is not valid and that the Canadian feed ban has not been adequately implemented. The


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