Consider what passersby think when they see your headquarters or machinery on the highway. Do you want them to draw their own conclusions, or do you want to be the one telling the story?
Many farm kids grew up with the long, hot summer job of painting the barn. But a project to from Certified Angus Beef (CAB) is putting the fun back into what used to be a chore.
The great states of Iowa, Nebraska, Colorado and Wyoming haven’t disappointed. The adventure thus far, has provided our boys opportunity to learn about cow-calf operations, large-scale hay and Colorado agriculture.
As grain prices remain fairly stagnant, momentum is gaining in the cattle complex. Cattle futures at the Chicago Mercantile Exchange (CME) are on fire this week after hitting contract highs. It’s the livestock sector carrying agriculture’s balance sheet the latter half of 2017 - a trend that could continue to wrap up the year.
What should have been good news for the grain and oilseed markets ended up having the opposite effect as we ended the week down, sharply down some cases says Jerry Gulke, president of the Gulke Group.
Prices were higher for all classes of cattle for the week ended Oct. 13, with cash fed cattle trading at $111 per cwt., $2 higher. Cattle sold on a dressed basis at $175 per cwt., $2 to $3 higher.
Following two days of falling cattle futures prices, Joe Vaclavik, president of Standard Grain, is calling the market moves a knee-jerk reaction to the latest Cattle on Feed report from the USDA.
The U.S. Meat Export Federation (USMEF) said Japan is continuing to buy U.S. beef. Exports to the island country continued to gain momentum in June, with volume up 7 percent and value up 13 percent compared to 2016.
There are few losers in the cattle market right now. From packers all the way down to cow-calf producers, current prices this summer are turning profits far into what is typically a seasonal lull.
Drought and dryness in the northern Plains hasn’t been enough to stop cattle growth, according to the mid-year cattle inventory numbers from the U.S. Department of Agriculture (USDA).
China’s market halted in 2003 when the U.S. investigated a case of bovine spongiform encephalopathy (BSE) from an imported dairy cow. Up to that point, the U.S. was China’s largest supplier of beef.
Brazil was plunged back into a political crisis reminiscent of last year’s impeachment saga following reports that President Michel Temer was embroiled in an alleged cover-up scheme involving the jailed former speaker of the lower house of Congress.
Wild weather in the Corn Belt in the beginning of the month flooded freshly planted fields and dumped inches of snow on Kansas wheat. Farmers were expecting to see a bump in prices, but failed to see any reaction in the markets.
The so-called Weak Flesh probe launched Friday by Brazilian police into the alleged bribing of federal inspection agents to clear the sale and export adulterated meat has taken a toll on the world’s largest exporter of beef and chicken.
The cattle market has been pretty interesting as of late. Elaine Kub, author of “Mastering the Grain Markets” discusses the fundamentals behind the recent strengthening of the cattle market.
So much for the winter blues. It’s been so balmy across part of the U.S. that Americans have been firing up their grills at a time that’s usually better suited to sipping hot cocoa.
The annual Cattle Industry Convention and NCBA Trade Show was held Feb. 1-3 in Nashville, Tenn. Industry leaders talk about the health of the overall beef industry.
The cattle market has seen fluctuation, not only from the highs of two years ago but also from last fall when live cattle futures traded under a $1.