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by WLJ
2016 February 12
According to the most recent World Agricultural Supply and Demand Estimate report, estimated beef production for 2015 was lowered by 10 million pounds (mp) to 23.76 billion pounds (bp). This number is likely to shift slightly for the next few months as 2015 data is completed and assessed, but large changes are not likely.


2016 February 12
U.S. beef exports were below year-ago levels in December 2015 (most recent data) and posted the first full-year value decline since 2009, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
by USDA
2016 February 12
Net cash farm income and net farm income are two popular, but distinct, measures of farm sector profitability. The first measure tracks cash receipts and cash expenses, while the second also includes noncash transactions, including implicit rents, changes in inventories, capital replacement costs, and others.


2016 February 12
• The 179 expense election for 2015 is $500,000. Generally, the 179 expense election allows producers to deduct up to $500,000 of machinery or equipment purchases for the year of the purchase. There is a dollarfor-dollar phase-out for purchases of more than $2 million.


by WLJ
2016 February 12
Last Tuesday, the CME Group announced it will be reducing the trading hours of the live and feeder cattle contracts. Starting Monday, Feb. 29, the trading hours for the Globex futures will return to 8:30 a.m. to 1:05 p.m., CT, Monday through Friday. The open outcry options will range from 8:30 a.


2016 February 12
Trade representatives from the 12 countries representing the Trans-Pacific Partnership (TPP) agreement met Feb. 4 to formally sign the agreement that would open trade and reduce tariffs on a number of U.S. products including beef. U.S. Trade Representative Michael Froman was in Auckland, New Zealand, for the signing ceremony.


by WLJ
2016 February 12
They say everything’s bigger in Texas; the sky, the land, and life in general. It should come as no surprise then that Texas contains one of the country’s—and even the continent’s—biggest ranches. At almost 800 square miles, the W.T. Waggoner Ranch is roughly half the size of the State of Rhode Island and has remained under one family for 167 years.


2016 February 12
Last fall’s moderate weather allowed alfalfa plants to harden well for winter, leaving them with a high concentration of nutrients in their roots and adequate soil moisture. This winterized condition enables alfalfa crowns and roots to withstand temperatures down as low as 5 degrees above zero.


2016 February 12
The annual Cattle (inventory) report estimated that total cattle inventories in the U.S. were up 3.2 percent year-over-year at 92.0 million head. From various inventory categories we can calculate an estimated supply of feeder cattle outside of feedlots. For Jan.


by WLJ
2016 February 12
A preliminary injunction filed Feb. 9 in federal court by two environmental groups seeks to disrupt the water supplies of thousands of families throughout Ore gon’s Deschutes Basin, including families in the communities of Bend, Madras, Redmond and Tumalo.


by WLJ
2016 February 12
Nitrate poisoning and toxicity can occur when ruminants ingest excessive nitrate content in affected forages and water supplies. Nitrate is an organic compound that when ingested in normal amounts is converted to ammonia and then to protein in the rumen via bacterial metabolism.


by WLJ
2016 February 12
Also seated on the executive committee were Vice Chairman Brian DeFreese, West Point, IN, and Treasurer Tim Smith, Giddings, TX. Rounding out ASA’s five-member executive committee are Fred Schuetze, Granbury, TX; and Gordon Hodges, Hamptonville, NC..


by WLJ
2016 February 12
Ammon Bundy and 15 fellow protestors were indicted last week for their armed occupation of vacant federal buildings on the Malheur National Wildlife Refuge during most of January. The indictment states they were preventing U.S. Fish and Wildlife Service (USFWS) employees from discharging their duties by using “force, intimidation, and threats…”.


by WLJ
2016 February 12
Farmers and ranchers are invited to share their stories about advocating for agriculture with the American Farm Bureau Federation (AFBF) as part of the organization’s just-launched #iAdvocate campaign. Ten lucky contest winners will each receive a $100 Farm Bureau Bank gift card.


by WLJ
2016 February 12
Of all the components of soil, organic matter is probably the most important and most misunderstood. Organic matter serves as a reservoir of nutrients and water in the soil, aids in reducing compaction and surface crusting, and increases water infiltration into the soil.


by WLJ
2016 February 12
WR Reserve, a beef processing company in Hastings, NE, will send the first significant shipment of beef from the United States to Israel since that country placed a ban on U.S. beef imports in 2003. Israel is one of the last countries to open its doors to U.




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