Genetics and Beef: Hot Topics From the 2018 Angus Convention

American Angus Association CEO Allen Moczygemba says Angus is poised for continued growth. ( Sara Brown )

More than 2,000 cattle producers convened in Columbus, Ohio, this past weekend for the 2018 Angus Convention. There was much cause for celebration, and a thorough look at the business of Angus.

Highlights include a preview of coming genetic tools, a deep dive into succession and tax planning and a recap of the four decades of Certified Angus Beef.

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State of Angus Genetics

Despite the challenges across the country in the past year, Dr. Dan Moser, Angus Genetics, Inc., says the breed is continuing to identify new genetic characteristics for their members. This requires continued research and investment with industry partners.

In the near future Angus Genetics will also address high-altitude performance, cow longevity and heifer fertility.

Related Content: Angus Bull Sells For All-Time Record Price

Attendees Flock to Succession Planning Information

Transitioning the ranch or farm to the next generation was a focus of many attendees at the Succession Planning workshop, sponsored by Drovers.

Paul Neiffer, CPA with CliftonLarsonAllen, and Polly Dobbs, Dobbs Legal Group, both part of the Farm Journal Legacy Project, gave updates on the 2018 tax laws and discussed various options used in farm business transfer.

The most important step is asking the “What if” questions and big picture thinking of what each stakeholder wants from the operation. Then steps can be made to move forward. Just remember, Dobbs says, “fair isn’t always equal.”

 

You can learn more from Paul Neiffer and Polly Dobbs at the 2019 Top Producer Summit in Chicago and find additional succession planning resources from the Farm Journal Legacy Project.

FJ Legacy Project

40 Years of Certified Angus Beef

Certified Angus Beef (CAB) celebrated 40 years of business, and a continued jump in profits and number of qualified cattle.

 

 

See additional coverage from the Certified Angus Beef Convention, held earlier this year:

Certified Angus Beef Annual Sales Up 8.1%

CAB Has Helped Change Beef Industry, Says Randy Blach, CattleFax CEO

CAB Insider: Where Are the Fed Steers

CAB's “Brand the Barn” Puts Passion for Beef Up to For All to See

 CAB Insider: Seasonality Rules September

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