Snow is starting to fly and winter is just around the corner. By now, most of you all should have your winter feed secured so you can keep that valuable cow herd intact. It’s going to be tough if you haven’t got your plan figured out.
In the latest Beef Quality Audit that the Beef Board and the National Cattlemen’s Beef Association (NCBA) produced, they learned that we haven’t done a good job communicating beef production methods. The audit said we need to be more transparent to our customers so they have complete confidence in beef products.
I heard today on the radio that 25 percent of the young people in this country are not eligible for the armed services. Twenty-five percent wouldn’t pass basic boot camp because they are physically unable, according to the report. We sure are hearing a lot about obesity these days in the news and it seems the meddlers.
It seems that responsible news reporting is becoming a thing of the past. You expect to see bias news junk on the web in various blogs, but the large national news organizations like NBC, ABC, CBS, CNN and FOX news have a responsibility to get the story right, simply because they consid.
There’s that word again, sustainable, which has a different meaning to everyone. The Sustainable Beef Resource Center (SBRC) just released its interpretation of sustainable, which seems more like a justification for beef industry growth promotants to enhance.
After cogitating over the last cattle on feed report, something seemed a little odd. We’re in the middle of a widespread drought, pastures are scrubbed clean, and you would think there would be some early weaning going on with calves going into grow lots or feedlots.
The latest Cattle on Feed report showed that cattle placed into feedlots was 10 percent lower than a year ago, but it’s a little misleading since there were a lot of cattle placed last year because of the drought in the southern plains.
Who involved in agriculture, and of sound mind, would get involved with the Humane Society of the United States (HSUS)? The Organization for Competitive Markets (OCM)—that’s who. Two weeks ago, OCM, teaming up with HSUS, filed suit in Kansas district court against USDA.
beef industry’s report card came out during the National Cattlemen’s Beef Association’s midyear meeting a couple weeks ago. It shows that most beef producers have done a pretty good job improving the product over the past 20 years when the first National Beef Quality Audit CROW.
Cattle markets have declined a bit over the past few weeks but they are still relatively strong. Yearlings at 750 pounds are still selling for $150/cwt. And light calves are still selling around $200 or more. The big question is, what are you going to feed them?.
Corn went over $8 a bushel last week, and soy beans were around $17 a bushel. These are new record level prices for these commodities. This situation makes one wonder where the grain markets will end up when it’s time to harvest. I don’t see moisture conditions getting.
Last week, the markets pulled a fast one that I’m still having a hard time figuring out. Corn moved up the limit, feeder cattle moved up the limit, and fed cattle moved up near the allowable trading limit. When corn goes this high, feeder cattle just aren’t supposed to go limit up.
Last week we prayed for rain and it seemed to work pretty well here in Colorado with a couple inches of the golden material hitting the ground. It also was a godsend for the fires in the area. So far this has to be the most destructive fire season we’ve ever seen in Colorado.
Time to pray for rain, just don’t pray too hard. We certainly don’t want it all at once. Recent weather patterns have been very disturbing. It’s hard to make any kind of feed without water and we’re past the point where we’re going to make any summer pasture that is worth much.
I’m sure I don’t need to tell most of you about it, because most of you all can feel it, but this dry weather is really becoming a problem. Last year, the dry weather was limited to mostly the south and southwest. We had some hot weather in the Midwest, but it wasn’t the CROW.
The first big video sales are getting underway; Superior Livestock Auction held their first two-day sale in Des Moines, IA, last week and it was a good one. Buying feeder cattle this summer is going to take nerves of steel. It appears the heavy cattle will be selling for big money.
I have felt a little out of the loop the past few weeks, not keeping up with cattle markets and issues. A few weeks ago, I had to have major back surgery which took me out of the game for a while. It’s been difficult to stay up with the markets, but I figured it’s time to make some kind of appearance.
We’re just about to the point where we’re going to have full contact politics. This race for presidency is going to be interesting, to say the least. It really does get down to an ideology and voting for the man who possesses the same ideals you do. And the way I see it, it’s a simple choice who our next president should be.
Any time you see the futures markets trade limit down, on all contracts, inside of an hour, you know something went wrong, very wrong. It doesn’t happen all that much but did last Tuesday morning when traders got news that a cow was found in California with Bovine Spongiform Encephalopathy (BSE) and then the panic sell was on.