The Cattle Business Weekly
  • The current estimate of cropland that will be lost to the lake in 2015 is 133,888 acres, according to Jeff Frith, manager of the Devils Lake Basin Joint Water Resource Board, and Bill Hodous, North Dakota State University Extension Service Ramsey County agent. 
  • he WTO ruled against the requirements for meat to have information regarding where the animal was born, raised and harvested. This is the fourth time the WTO has voted against COOL. 
  • USDA has released a new report showing tremendous demand for recent college graduates with a degree in agricultural programs with an estimated 57,900 high-skilled job openings annually in the food, agriculture, renewable natural resources, and environment fields in the United States.  
  • UNL breaks ground on new Veterinary Diagnostic Center
    The VDC, Nebraska’s only accredited veterinary diagnostic lab, improves animal health through diagnostics and disease surveillance, protecting the state’s livestock industry.  
  • While a wealth of information is available on current (and upcoming) meat and livestock supplies (e.g. reports including Cattle Inventory, Cattle on Feed, and Cold Storage), there comparatively is much less information available regarding demand strength.  Nonetheless, nearly all economists highlight it takes an understanding of BOTH supply and demand to appreciate the current and possible future market situation. 
  • Once you and your family or partners have a vision of what your operation will look like in 5, 10, 20 years or farther into the future, you can begin setting goals to reach your vision.  
  • Looking forward, the question becomes in what region will these additional calves be fed? A change in feedlot capacity by region that began during the severe drought during the early 2010s, which triggered a shift in cattle to the north, appears to still be in underway. 
  • Dave Nichols of Bridgewater, Iowa, has been selected as the 2015 inductee into the Saddle and Sirloin Portrait Gallery, largely considered the highest honor in the livestock industry.  
  • With 95% of the global population living outside of the U.S., there remains a vast market potential for American beef. Currently, beef checkoff funding supports promotion of U.S. beef in 80 countries – and international consumers are responding. In 2014, the value of U.S. beef exports reached nearly $6 billion – 15% ahead of the record pace set the year prior. 
  • Land exchange concerns landowners, commissioners
    When land owner Martha Whitcher spoke to the Pennington County Commission April 21 about the proposed Cain Creek Land Exchange, she pulled no punches. 
    “Today it’s 2,500 acres. Tomorrow, it may be 3,000 acres. The day after that, it may be 10,000” she said. “Pennington County cannot handle any more land taken away from the tax rolls.” 
  • Agriculture Secretary Tom Vilsack and Senior White House Advisor Brian Deese announced a plan April 23 to partner with farmers, ranchers and forest land owners to address the threat of climate change. 
  • With cow-calf producers experiencing record-high profitability over the last couple years, Charles Hart has a recommendation for producers as they consider where to invest their profits.  
  • Happenings in D.C.: Estate Tax and Trade Deals
    The U.S. House of Representatives voted to repeal the estate tax, a long awaited measure for many farm organizations. 
  • All market classes of beef cattle are at record high levels for this time of the year, but are lower than the all-time record highs established in the last half of 2014.  
  • What will your farm look like in the year 2020? How about 2030? How many cows will it take to make a living? Is it better for you to raise or buy feed? What are input prices going to be?  
 
Cattle Business Weekly P.O. Box 700 Philip, SD 57567
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