The nonprofit Property and Environment Research Center (PERC) produced an interesting report about the growing wildfire threat last week. They asked the question, “Did larger fires lead to larger wildfire budgets, or larger wildfire budgets lead to larger fires and greater suppression expenditures?”
The House Natural Resources Subcommittee on Federal Lands met last week to discuss the wild horse problem. They discussed challenges and potential solutions to the Bureau of Land Management’s (BLM’s) Wild Horse and Burro Program. Steve Ellis, Deputy Director of Operations at
It’s been interesting watching the organic food movement develop over the past couple decades, especially when it comes to beef. I don’t have any concerns over the organic grass-fed beef production systems that have evolved. If ranchers are able to produce it and market it at a higher value.
Boarding wild horses must be a pretty good business and it looks as if it will only get better. I’ve seen many feedlots around the West with thousands of the wholesome creatures penned up and getting regular groceries. This past spring I even saw a band of burros in central Utah enjoying fresh hay.
A couple months ago the Utah legislators in the House Natural Resources, Agriculture and Environment Committee passed HB276, The Utah Public Lands Act, which would create the Utah Division of Land Management.
Having another marketing option available will be exciting to watch but the big question mark is: Will the Southern Plains feeders use it? They have cited transaction costs as their main motivation for using the formula pricing system. It will be key for this new market to establish a certain amount of volume to make this thing work.
It hasn’t been much fun to sit back and watch the cattle market erode, especially after such a tremendous high last fall. Now that the markets have fallen, it appears that they are looking for the summer low; where they go, no one really knows. But, at these levels, we’re going to have to figure out how to make this thing work again.
Here we go again. Ranchers-Cattlemen Action Legal Fund (R-CALF) just filed suit against USDA citing First Amendment free speech rights over the Montana Beef Council’s advertising efforts to promote beef. Bill Bullard, CEO of R-CALF, and our old friend, J.
boxed beef cutout values moved sharply higher last week to $224.43, which is signaling the start of the spring rally. Packers have also started to increase slaughter levels in preparation for the upcoming demand. This seasonal trend should allow cattle feeders to CROW.
Looking at the cattle futures markets down the road, it’s a little hard to get excited about feeder cattle through summer and fall. The June live cattle contract was at $132 and August is trading at $117.65. We need to see a good rally on the futures and cash markets so cattle feeders.
“We are filing this petition to force unelected bureaucrats to follow the law,” said PLF Staff Attorney Jonathan Wood. “This illegal regulation imposes onerous regulatory burdens on property owners and small businesses, and ultimately hurts the very species it purports to protect.