The Cattle Business Weekly
  • Chevrolet, a division of General Motors, recently purchased almost 40,000 carbon dioxide reduction tons generated on working ranch grasslands in the Prairie Pothole region of North Dakota. 
  • The Nov.11 announcement by the U.S. Fish and Wildlife Service (USFWS) that the Gunnison sage grouse would be listed as threatened is disheartening, according to Colorado Cattlemen’s Association (CCA) President Frank Daley. 
  •  For those unfamiliar with a flexible cash lease, Kim Dillivan, SDSU Extension Crops Business Management Field Specialist explained that it is a contractual arrangement between a landowner and operator in which the final rent payment is determined after the crop has been harvested,” 
  • Each winner is responsible for raising, breeding and maintaining complete records on care of the animal while providing monthly progress reports to the original owner and the Minnesota Beef Expo. The breeders who donated heifers will also serve as mentors to the respective winners. 
  • The former Iowa governor, who will surpass former President Bill Clinton’s longtime agriculture secretary, Dan Glickman, has been in the position since the start of the Obama administration in January 2009 - a span of five years and nine months, making him the sixth-longest-serving agriculture secretary in U.S. history. 
  • 2014 Election Recap
    In North Dakota, a measure that would have allocated oil tax revenue for clean air, land and water usage was voted down.  
  • The Iowa Hereford Breeders Association (IHBA) announces the first IHBA Hereford Influence Female Sale at noon Saturday, Nov. 15 at the Creston Livestock Auction in Creston, Iowa. 
  • A 550 lb steer calf in South Dakota is worth, on average, about $300/cwt in today’s market.  If the calf were backgrounded for 80 days and gained 2.5 lb/day, it would weigh 750 lb in late January 2015.  Using an historical average basis for 750 lb steers in South Dakota in late January to adjust the January 2015 feeder cattle futures price, a cash price of $230/cwt could be projected at the end of the backgrounding period.  This leaves only a $77/head spread between the value of the 550 lb and 750 lb steer calf to add 200 lb of weight.  In other words, the breakeven cost of gain based on these prices is about $39/cwt. 
  • Red Angus producers from Texas to Montana reported 954 head of Red Angus cattle that reached tremendous yield and quality combinations earning them the title of Grid Master in 2014. 
  • A final piece of advice is to consider your least favorite "chore" and delegate it to someone else for the New Year. She points out, "If you don't like to do it, you're probably not very good at it anyway." She suggests finding an employee better suited to handling that job, or contract someone to do the task for you. 
  • The plant has undergone a $48.6 million renovation to prepare to process about 1,100 cattle a day. If the business is successful serving food service, retail and international customers, production could double eventually. 
  • COOL rules still unfavorable to trade partners says WTO
    It was found that the most current COOL revision - offering labels with information of where an animal is born, raised and slaughtered - "gives Canadian and Mexican livestock less favorable treatment than that accorded to U.S. livestock." 
  • The workshop will be held in four locations Nov. 12-13. 
  • Meat Industry News: Vilsack wants a second beef checkoff
    The new checkoff program, according to Secretary Vilsack, would be separate from the existing Beef Checkoff, and would be up for a referendum in three years. 
  • Research in Brief: A roundup of research efforts happening in the ag industry
    A U.S. patent was recently awarded for technology created by researchers at Kansas State University that improves the health and welfare of beef cattle and other ruminant animals suffering from lameness and following castration, dehorning and other painful but necessary management procedures. 
 
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