WLJ - All News https://wlj.net/articles.sec-2-1-all-news.html Fri, 31 Jul 15 00:00:00 -0600 en hourly 1 Report show stores of boneless beef increase https://wlj.net/article-14-report-show-stores-of-boneless-beef-increase.html Report show stores of boneless beef increase
The most recent Cold Storage report shows a growing stock of all the major protein in U.S. warehouses. All told, stores of all meat (red meat and poultry) as of June 30 stood at 2.33 billion pounds, up 17 percent from the same time last year. Most of this increase came from increases in stored beef, though all the major proteins saw increases.


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Over 90 percent of U.S. crop acres GE in 2015 https://wlj.net/article-14-over-90-percent-of-us-crop-acres-ge-in-2015.html Over 90 percent of U.S. crop acres GE in 2015
Herbicide-tolerant (HT) crops, developed to survive the application of specific herbicides that previously would have destroyed the crop along with the targeted weeds, provide farmers with a broader variety of options for weed control. Insect-resistant crops (Bt) contain a gene from the soil bacterium Bacillus thuringiensis that produces a protein.


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Cutout prices search for a seasonal low https://wlj.net/article-14-cutout-prices-search-for-a-seasonal-low.html Cutout prices search for a seasonal low
Cash cattle trade was slow to develop last week ahead of the release of the monthly Cattle on Feed and bi-annual Cattle Inventory reports. By close of trade on Thursday, over 20,000 head had been confirmed sold with prices ranging from $144-147 live (averaging in the low $145s) and $230-233 dressed (averaging in the upper $231s).


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Unique U.S. beef and cattle trade situation continues https://wlj.net/article-14-unique-us-beef-and-cattle-trade-situation-continues.html Unique U.S. beef and cattle trade situation continues
The unique U.S. beef and cattle trade situation that developed in 2014 has continued in 2015. Falling beef production is keeping beef supplies tight and prices near record levels in the U.S. This discourages beef exports and attracts more beef and cattle imports.


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Summer meat demand explained https://wlj.net/article-14-summer-meat-demand-explained.html Summer meat demand explained
The All Fresh retail beef price was $6.114/lb., up $0.059 cents from May and up $0.606/lb. from one year ago. The June retail pork price was $3.703/lb., up $0.007/lb. from last month but $0.413/lb. lower than June of 2014. The retail broiler composite price was $1.


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Median farm income exceeds U.S. households https://wlj.net/article-14-median-farm-income-exceeds-us-households.html Median farm income exceeds U.S. households
Since USDA’s Agricultural Resource Management Survey began collecting data in 1996, the median income of farm households has risen while real U.S. median household income has remained essentially flat. This may be due to a variety of factors including farm consolidation, increasing commodity prices, and minimal increases in hourly wages for all U.S.


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ESA reform discussed at industry conference https://wlj.net/article-26-esa-reform-discussed-at-industry-conference.html ESA reform discussed at industry conference
During the National Cattlemen’s Beef Association (NCBA) summer conference, held July 15-18 in Denver, CO, the ESA was a matter of considerable concern. The matter of reforming the ESA—or rather, “modernizing” it—was a focal point of the Property Rights and Environmental Management/Federal Lands Policy Committee.


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Roundtable focuses on sage-grouse initiatives https://wlj.net/article-26-roundtable-focuses-on-sage-grouse-initiatives.html Roundtable focuses on sage-grouse initiatives
Ranchers from several western states participated in a roundtable discussion with the Natural Resources Conservation Service (NRCS), Partners for Conservation (PFC) and Utah Grazing Improvement Program last week to discuss their efforts at improving and maintaining habitat for the greater sage-grouse.


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Farmers and ranchers certify to follow conservation compliance guidelines https://wlj.net/article-26-farmers-and-ranchers-certify-to-follow-conservation-compliance-guidelines.html Farmers and ranchers certify to follow conservation compliance guidelines
Implementing the 2014 farm bill provisions for conservation compliance is expected to extend conservation provisions for an additional 1.5 million acres of highly erodible lands and 1.1 million acres of wetlands, which will reduce soil erosion, enhance water quality, and create wildlife habitat.


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Supplemental feed to stretch pasture forage https://wlj.net/article-26-supplemental-feed-to-stretch-pasture-forage.html Supplemental feed to stretch pasture forage
Available acres for summer grazing have been shrinking in recent years, particularly in areas where it is feasible to convert grass into cropland. The combination of fewer acres and strong cow/calf returns results in increased pasture costs, either for purchase or for rent.


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Tips for preventing insect-borne vesicular stomatitis in horses https://wlj.net/article-26-tips-for-preventing-insect-borne-vesicular-stomatitis-in-horses.html Tips for preventing insect-borne vesicular stomatitis in horses
Colorado’s first vesicular stomatitis (VS) cases of 2015 have been detected in horses, and Colorado State University’s (CSU’s) Veterinary Diagnostic Laboratories have gained special certification to test for the highly contagious virus, which causes painful sores in animals’ mouths and forces mandatory quarantines.


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The 'positive associative effect' of high protein supplements https://wlj.net/article-26-the-positive-associative-effect-of-high-protein-supplements.html The 'positive associative effect' of high protein supplements
For the first time in several years, western states such as Oklahoma have substantial standing forage in most pastures as summer continues. As the day length shortens, plants become more mature and lower in protein content.


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Select breeding bulls for grass-finished beef https://wlj.net/article-26-select-breeding-bulls-for-grass-finished-beef.html Select breeding bulls for grass-finished beef
Expected Progeny Differences (EPDs) are the best selection tool available to beef cow/calf producers for bull selection. The data is derived from performance information collected on the given individual, its ancestors, collateral relatives and progeny.


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Federal government denies liability on U.S. Forest Service-lit Pautre fire https://wlj.net/article-26-federal-government-denies-liability-on-us-forest-service-lit-pautre-fire.html Federal government denies liability on U.S. Forest Service-lit Pautre fire
“Our review of the claim discloses no liability on the part of the United States. Therefore your FTCA (Federal Tort Claims Act) claim is denied,” said an assistant with the Office of General Counsel under the USDA to the claimants, in individual letters received last week.


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Cattle-feeding leaders in Hall of Fame https://wlj.net/article-26-cattle-feeding-leaders-in-hall-of-fame.html Cattle-feeding leaders in Hall of Fame
These are just some of the adjectives used to describe those who have been successful in the cattle-feeding industry. What makes this industry so demanding and distinguishes it from other vocations? Former Hall of Fame inductee Roy Dinsdale shares one reason: “It’s a challenge every year between Mother Nature and me.


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Harvest a tax loss? https://wlj.net/article-26-harvest-a-tax-loss.html Harvest a tax loss?
This calendar year is predicted to deliver the worst economics in grain farming in 20 years. Low grain prices and high input costs could actually lead to an operating loss, unless yields come in exceptionally high. However, this looming dark cloud may have a silver lining in the form of tax benefits.


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Beef industry leaders lay out strategies for future https://wlj.net/article-26-beef-industry-leaders-lay-out-strategies-for-future.html Beef industry leaders lay out strategies for future
During the 2015 Cattle Industry Summer Conference July 15-16 in Denver, CO, beef industry leaders representing every link in the beef value chain presented a plan for meeting aggressive goals to strengthen the industry from 2016-2020. The Beef Industry Long Range Plan Task Force has been meeting since December, 2014.


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Researchers investigate salmonella in Texas feedlots https://wlj.net/article-26-researchers-investigate-salmonella-in-texas-feedlots.html Researchers investigate salmonella in Texas feedlots
A study examining the presence of salmonella in beef cattle feedyards was the focus of a series of studies by Texas A&M AgriLife Research scientists and faculty in the department of animal science at Texas A&M University, College Station.


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Hay helping facilitate expansion https://wlj.net/article-26-hay-helping-facilitate-expansion.html Hay helping facilitate expansion
A common metric that indicates expansion or contraction in the cattle herd is the availability of forage. Pasture conditions are one indicator of the short-run amount of grass, while measures of current and expected stockpiled forage indicate the level of feed available to mitigate short-run changes.


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USDA chief economist announced https://wlj.net/article-26-usda-chief-economist-announced.html USDA chief economist announced
Agriculture Secretary Tom Vilsack has announced the selection of Dr. Robert Johansson as U.S. Department of Agriculture (USDA) Chief Economist, effective July 12. Johansson has served as USDA’s Acting Chief Economist since Jan. 3, 2014, and as Deputy Chief Economist since 2012.


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No rest for the watery https://wlj.net/article-26-no-rest-for-the-watery.html No rest for the watery
The Environmental Protection Agency is waging a watery war on two fronts over its Waters of the U.S. rule. While over half the states in the nation and industry groups are suing the agency saying the rule goes too far, environmental groups are suing the agency claiming it doesn’t go far enough.


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Red Angus board announces changes https://wlj.net/article-26-red-angus-board-announces-changes.html Red Angus board announces changes
Marston stated, “It has been a privilege to serve as CEO of RAAA. While the board and I have mutually agreed to pursue other options, I leave RAAA with great memories of bringing outstanding talent to key staff positions and building industry-leading teams in key areas.


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Test grains before feeding damaged wheat to livestock https://wlj.net/article-26-test-grains-before-feeding-damaged-wheat-to-livestock.html Test grains before feeding damaged wheat to livestock
Wet growing conditions in the Midwest have opened the door for several challenges in the 2015 wheat crop. As a result, farmers are seeing price docks and discounts at the elevator, mainly due to increased disease, low test weight, and sprout-damaged wheat.


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Leadership challenge https://wlj.net/article-35-leadership-challenge.html Leadership challenge
The National Cattlemen’s Beef Association (NCBA) and Cattlemen’s Beef Board (CBB) set some lofty goals a couple weeks ago at their mid-year meeting in Denver. They released their new Long Range Plan (LRP) for the beef industry, as they have done every five years since 1990.


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DID YOU KNOW - Tenderness always key factor in consumer demand https://wlj.net/article-35-did-you-know.html DID YOU KNOW - Tenderness always key factor in consumer demand
On my bucket list was eating at a quaint old hotel in the Flint Hills known for quality steaks. So I met an old friend, ordered a glass of Merlot and a USDA Prime but otherwise unbranded sirloin. When the steak arrived, flavor was outstanding, juiciness great—but it was so tough I did what I have never done before and sent it back to the kitchen.


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Consumers have questions; BQA is your answer https://wlj.net/article-35-consumers-have-questions-bqa-is-your-answer.html Consumers have questions; BQA is your answer
It is clear that consumers are asking more questions than ever about where their food comes from and how it is raised and the use of antibiotics is at the forefront of the consumer’s mind.


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Will corn be king again? https://wlj.net/article-14-will-corn-be-king-again.html Will corn be king again?
The most recent World Agricultural Supply and Demand Estimates (WASDE) report was a boon to corn farmers and likely left a bitter taste in the mouths of cattle and beef ranchers concerned with the trade situation; corn stocks are down, meaning prices are up, and the U.S.


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Diminishing beef demand continues to weigh on markets https://wlj.net/article-14-diminishing-beef-demand-continues-to-weigh-on-markets.html Diminishing beef demand continues to weigh on markets
Cash fed cattle trade was slow to develop last week. By Thursday’s close of trade, not even 2,400 head had been confirmed sold for the week. Analysts expected that general cash trade would be a couple dollars lower than the prior week’s $150 live and $238-242 dressed prices.


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Profitability varies by farm size https://wlj.net/article-14-profitability-varies-by-farm-size.html Profitability varies by farm size
Seventy-nine to 86 percent of retirement, off-farm occupation, and lowsales farms are in the “red zone” (farms with an RRA of less than 1 percent), indicating a very low return to farming. The share of farms in the red zone drops rapidly for the remaining family farm types, those with moderate sales and higher.


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Retirement income tips https://wlj.net/article-14-retirement-income-tips.html Retirement income tips
Accumulating assets is one thing. Converting those assets into a retirement income stream you can’t outlive is another. One way to derive income from your investments is to distribute only the interest and/or dividends the investments generate each year.


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