WLJ - All News https://wlj.net/articles.sec-2-1-all-news.html Fri, 26 Aug 16 00:00:00 -0600 en hourly 1 Slight pullbacks in live cash, futures markets https://wlj.net/article-14-slight-pullbacks-in-live-cash-futures-markets.html Slight pullbacks in live cash, futures markets

Reality disappointed early-week projections of a strong-steady cash market last week. By close of trade last Thursday, over 78,000 head had been confirmed sold at prices ranging from $116-118.50 live and $185-187 dressed. These levels were down from the prior week’s $117-120 live and $186-188 dressed ranges



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Access to China’s beef market remains a priority https://wlj.net/article-26-access-to-china%25E2%2580%2599s-beef-market-remains-a-priority.html Access to China’s beef market remains a priority

Regaining access to export beef to China remains a priority for producers in the U.S. The market to that country was closed in 2003 after a cow in Washington State tested positive for bovine spongiform encephalopathy (BSE). The World Organization for Animal Health (OIE) has since classified



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BLM releases Gunnison sage grouse plan - BLM releases Gunnison sage grouse plan https://wlj.net/article-26-blm-releases-gunnison-sage-grouse-plan.html BLM releases Gunnison sage grouse plan - BLM releases Gunnison sage grouse plan

On Aug. 11, the Bureau of Land Management (BLM) released draft land-use regulations in the name of Gunnison sage-grouse protection in Colorado and southwest Utah. The draft regulations come in light of the U.S.





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Cash corn drops below $3 on news of record production https://wlj.net/article-26-cash-corn-drops-below-%25243-on-news-of-record-production.html Cash corn drops below $3 on news of record production

On Friday, Aug. 12, the USDA released its most recent World Agricultural Supply and Demand Estimates (WASDE) report. The report’s corn column caused quite a stir, both positive and negative.



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Producers should monitor water sources https://wlj.net/article-26-producers-should-monitor-water-sources.html Producers should monitor water sources

In the summer months, cattle will consume approximately two gallons of water per hundred pounds of body weight. Heat waves may increase this intake by 50 percent or more. If the water source you have is high in iron or sulfur, this represents a dramatic increase in.



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Korean cattle herd shrinks https://wlj.net/article-26-korean-cattle-herd-shrinks.html Korean cattle herd shrinks

Average June prices for hanwoo beef stood at 19,142 won ($16.89) per kilogram ($37.24/lb.), an increase of 20.8 percent from the previous year. Hanwoo is a local breed that shares traits with both European and African cattle breeds and its heavily marbled meat is prized by Koreans as of greater value than imported beef.



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Environmental groups file lawsuit challenging Montana’s proposed grizzly hunting regulations https://wlj.net/article-26-environmental-groups-file-lawsuit-challenging-montana%25E2%2580%2599s-proposed-grizzly-hunting-regulations.html Environmental groups file lawsuit challenging Montana’s proposed grizzly hunting regulations

Fish and Wildlife Service proposed to remove grizzly bears in the Greater Yellowstone Ecosystem (GYE) from the endangered species list and turn their management over to the states.





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WASDE makes a few beef changes https://wlj.net/article-26-wasde-makes-a-few-beef-changes.html WASDE makes a few beef changes

Projected production for 2016 rose slightly to 25.03 billion pounds and rose to 25.86 billion pounds for 2017. The report credited the increase for 2016 on higher-than-projected third-quarter slaughter which is currently underway. The increases made to the 2017 production estimates were credited to the projected decline in feed prices.



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Trump names agricultural and rural advisers https://wlj.net/article-26-trump-names-agricultural-and-rural-advisers.html Trump names agricultural and rural advisers

The 64-person committee announced by the campaign last Tuesday has five current members of Congress, including the chairmen of both the House and Senate Agriculture Committees; as well as eight current or former governors; nine current or former



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Few state ag initiatives on November ballots https://wlj.net/article-26-few-state-ag-initiatives-on-november-ballots.html Few state ag initiatives on November ballots

The summer heat makes it hard to remember that the upcoming—impending?— November election is just around the corner. Congress is still at recess and the presidential nominees continue to lob insults at one another, but it is not too early to check in on state issues.



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Fighting fires https://wlj.net/article-35-fighting-fires.html Fighting fires

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?”



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TAX TOPICS https://wlj.net/article-35-tax-topics.html TAX TOPICS

Contrary to what many agricultural families think, land does not need to be exchanged for other land. You can exchange land into many types of investment property, such as office buildings, rental houses, apartment complexes, storage facilities, retail strip malls, etc.



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Indicator cows https://wlj.net/article-35-indicator-cows.html Indicator cows

When you have just enough cows to name them all, it’s easy to characterize them by appearance, temperament and some might even say personality. Kids like to find names to fit. Twister was one of ours 20 years ago, an outlier for poor docility that left no daughters in the herd.



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Markets see pull back in cash fed cattle https://wlj.net/article-14-markets-see-pull-back-in-cash-fed-cattle.html Markets see pull back in cash fed cattle
There was a bit of a lull in the markets last week, almost as though the relative revelry of the markets in the last few weeks took a slight breather to look around. Announced changes to the futures market and the anticipation of the August World Agricultural Supply and Demand Estimates report likely clouded the market’s upward momentum.


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First-half volumes ahead of last year https://wlj.net/article-14-first-half-volumes-ahead-of-last-year.html First-half volumes ahead of last year
U.S. red meat exports ended the first half of 2016 on a positive note, as June export values for both beef and pork were the highest of the year. June also marked the second consecutive month of solid year-over-year volume growth, according to statistics released by USDA and compiled by the U.


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Use of crop insurance continues to grow https://wlj.net/article-14-use-of-crop-insurance-continues-to-grow.html Use of crop insurance continues to grow
Passage of the Federal Crop Insurance Reform Act in 1994 led to a spike in the use of crop insurance, reflecting the introduction of low-coverage, fully subsidized Catastrophic Risk Protection Endorsement (CAT) insurance and a temporary requirement that producers obtain insurance coverage to be eligible for other commodity support programs.


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Monetary policy and exchange rates https://wlj.net/article-14-monetary-policy-and-exchange-rates.html Monetary policy and exchange rates
For example, an appreciation of the U.S. dollar (stronger dollar) will increase the price of U.S. exports of currently produced agricultural goods. A depreciation of the U.S. dollar (weaker dollar) will decrease the price of U.S. exports in world markets..


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Remedies to calm those college tuition blues https://wlj.net/article-14-remedies-to-calm-those-college-tuition-blues.html Remedies to calm those college tuition blues
If the student is working on the farm for some part of the year, compensation can be a great tool. The student’s salary isn’t subject to income tax until it exceeds the standard deduction ($6,300 for 2016). Normally, there will be the 15....]]>
Few farms are affected by 2014 Farm Act eligibility income cap https://wlj.net/article-14-few-farms-are-affected-by-2014-farm-act-eligibility-income-cap.html Few farms are affected by 2014 Farm Act eligibility income cap
The 2014 Farm Act revised the maximum income limitations (the income cap) that determine eligibility for most commodity and conservation programs and payments by replacing the separate limits on farm and nonfarm income specified in the 2008 Farm Act with a single total adjusted gross income cap of $900,000....]]>
Investigating the wolves that aren’t https://wlj.net/article-26-investigating-the-wolves-that-aren%25E2%2580%2599t.html Investigating the wolves that aren’t
The study—led in part by Bridgett vonHoldt of Princeton University and Robert Wayne of University of California, Los Angeles—focused on the evolutionary and genetic background of wolves and coyotes in the U.S. and Canada. Researchers sequenced 28 different canine genomes looking at over 5.


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CME changes the live cattle futures https://wlj.net/article-26-cme-changes-the-live-cattle-futures.html CME changes the live cattle futures
At the beginning of August, the Chicago Mercantile Exchange (CME) Group announced changes to the live cattle futures market.


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National Historic Preservation Act in its 50th year https://wlj.net/article-26-national-historic-preservation-act-in-its-50th-year.html National Historic Preservation Act in its 50th year
Anyone who has stepped foot inside Notre Dame Cathedral or Prague Castle is sure to be grateful to the French and Czechian governments for preserving such awesome pieces of history. America has her own spectacular historic sites—ranging from Pueblo adobe buildings of the Southwest to the French Quarter of New Orleans.


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Managing the margins of cattle feeding https://wlj.net/article-26-managing-the-margins-of-cattle-feeding.html Managing the margins of cattle feeding
Round bales are often priced by the bale but the amount of hay in a bale depends on bale size and density. For example, assume a 5’x6’ round bale (5 feet wide and 6 feet in diameter or height) is priced at $52.50/bale. If the bale weighs 1,500 pounds, the price is equivalent to $70/ ton.


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WCA seeks repeal of Endangered Species Act detail https://wlj.net/article-26-wca-seeks-repeal-of-endangered-species-act-detail.html WCA seeks repeal of Endangered Species Act detail
The Pacific Legal Foundation (PLF) petitioned the U.S. Fish and Wildlife Service (USFWS) to repeal a regulation that applies the take provision of the Endangered Species Act (ESA) to every threatened species listed, according to a 19-page petition filed late last week.


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Extra forage from oats https://wlj.net/article-26-extra-forage-from-oats.html Extra forage from oats
Livestock producers who are in need of additional pasture or hay in late September and October could use an August seeding of oats for some additional forage. This system can produce extra tons of forage, but the crop needs moisture during this time and also enough time to grow before the end of the growing season.


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Japanese beetle eggs are in grass; not this year’s fields https://wlj.net/article-26-japanese-beetle-eggs-are-in-grass-not-this-year%25E2%2580%2599s-fields.html Japanese beetle eggs are in grass; not this year’s fields
But that is not likely, says retired University of Missouri (MU) Entomologist Ben Puttler, because Japanese beetles do not lay eggs where they feed. They feed in corn and soybean fields but lay eggs in turfgrass and pastures, he says. Grassy areas provide a desirable habitat with no effective natural enemies.


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Iowa lease case offers important estate lessons https://wlj.net/article-26-iowa-lease-case-offers-important-estate-lessons.html Iowa lease case offers important estate lessons
This case involves Iowa farmland that was owned by David Gumm’s mother; he had a lease agreement with her that allowed him to farm the land. Upon her death, ownership of the land passed to the Gumm Family Trust. The trust was governed by three trustees, one of which was Gumm.


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Cattle put on unexpected gains from nontoxic fescue https://wlj.net/article-26-cattle-put-on-unexpected-gains-from-nontoxic-fescue.html Cattle put on unexpected gains from nontoxic fescue
Toxic fescue, which causes heat stress in grazing cattle, brings problems with a high heat index in hot summer months. Cattle heat stress combines impact of fescue toxin and high daytime temperatures. Stressed cattle stop grazing and head for shade or ponds.


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Research: Eastern redcedar reduces grazing capacity, school funding https://wlj.net/article-26-research-eastern-redcedar-reduces-grazing-capacity-school-funding.html Research: Eastern redcedar reduces grazing capacity, school funding
A new article authored by agronomy and horticulture students at the University of Nebraska-Lincoln indicates that the expansion of eastern redcedar into grasslands reduces grazing capacity and therefore could reduce funding available for public school education in Nebraska.


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Bill would amend the Packers and Stockyards Act https://wlj.net/article-26-bill-would-amend-the-packers-and-stockyards-act.html Bill would amend the Packers and Stockyards Act
Before they left for recess, the House saw a short bill introduced that would bring one of the oldest mainstays of ranching law into the modern world. H.R. 5883— introduced by Rep. David Rouzer (R-NC7)—would change the nearly century-old Packers and Stockyards Act (PSA) of 1921 to account for new technology such as online cattle auctions.


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