BeefTalk: The Goal is $1,000 Per Cow Exposed, Including Market Beef
Kris Ringwall, Beef Specialist, NDSU Extension Service
At the Dickinson Research Extension Center, a goal of $1,000 of income from every cow exposed was set. This income goal includes the calf and the market beef that a cow herd generates. If a cow does not sell a calf valued at more than $1,000, the cow or heifer is sold with the same expectation of $1,000 or more generated as market beef.
No matter the market, genetics impact beef bottom lines
Expected Progeny Differences are undisputed as a key selection tool and decision maker for cattlemen. However, determining which EPDs to prioritize can be complex and have an impact on an operation’s bottom line.
Cattle Inventory: Never Right, Sometimes Close, and Always Changing
Dr. Andrew Griffith
University of Tennessee
As of January 1, 2017, all cattle and calves were just shy of 93.6 million head which is a 1.8 percent (1.67 million head) increase in cattle inventory from one year ago. All cattle and calves inventory increased 5.0 percent in two years (2015, 2016). Cattle inventory has not grown at this rate over a two year period since the years 1973 and 1974 when all cattle and calves reached 132.0 million head on January 1, 1975
Even before the calving season starts, cow-calf producers should be working to ensure that their cows will resume fertile cycles and be ready to become pregnant again early in the next breeding season.
Stockyards Ag Experience opens to public
The Cattle Business Weekly
The Sioux Falls Stockyards Ag Experience opened its doors March 1 with a ribbon cutting. It was a packed house at the old horse barn at Falls Park in downtown Sioux Falls. Board members and executive director Jennifer Hoesing were on hand to greet visitors, many of whom worked at the stockyards or sold livestock through it.
Iowa Senate Approves Limits on Livestock Nuisance Lawsuits
The Iowa Senate has approved a bill that limits damages in nuisance lawsuits filed against livestock producers, arguing the operations are in the public interest. Republican Sen. Dan Zumbach of Ryan tells The Des Moines Register the legislation is intended to protect animal agriculture, which generates $38 billion annually in economic impact and provides 160,000 jobs in Iowa.
Avoiding the Succession Plan Discussion? Six Questions You Should Discuss Immediately
If I were to say to you that every family business, including a ranching operation, could be on a downward track without proper succession planning, would you believe me?