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This year farmers have more alternatives to consider with respect to cost recovery or depreciation on assets that they placed in service during 2008, said a Purdue University tax law specialist. “Congress wanted to stimulate the economy, so they made two changes that apply to 2008,” said George Patrick....
The take-home message to producers about the looming cattle market from the director of the Livestock Marketing Information Center (LMIC) was advice straight from the Boy Scouts – be prepared. Yet the edginess of his presentation to the 200-plus attendees at the Beef Production Convention in Torrington was softened by his parting words: “These are not fun times,” said Jim Robb, “but this is not a bad time to be in the cattle business....
To many producers, adding value means implementing management practices to maximize the price received for their calves on sale day. Some practices simply avoid discounts: dehorning; castration; breeding-in adequate frame and muscling; and managing away from extremes of body condition at sale time....
Commercial cattlemen now have access to a new information source from Team Angus. With the help of the American Angus Association® and Certified Angus Beef LLC (CAB), Angus Productions Inc....
The Optimum Cow- defining, identifying and propagating her has proven to be a challenge over time. Perhaps part of our challenge has been that she can be a moving target, as the pressure points affecting revenue and input costs change as a result of many factors influencing our industry....
Higher costs and lower selling prices are expected to rob cow-calf producers in Arkansas and the rest of the nation of profits in 2008. Arkansas cow-calf producers should expect two or even three lean years ahead, said Tom Troxel, Extension professor and associate animal science department head with the University of Arkansas Division of Agriculture....
Young bulls that are purchased at production sales are often in “good” body condition. Lets face it, well conditioned bulls look better on sale day and sell better. Gain tested bulls have been fed for maximum gain while on test....
BRENHAM – It’s a mixed bag when trying to predict the future of the calf and feeder cattle markets, but there may be some good news heading into 2009, according to a Texas AgriLife Extension Service economist....
Increased input costs, tight profit margins and two major hurricanes created a difficult year for many of Louisiana’s agricultural producers. To help the state’s farmers, the LSU AgCenter has established a farm financial hotline to help them make financial decisions, according to Dr....
The preliminary All Farm Products Index of Prices Received by Farmers in October, at 145 percent, based on 1990-92=100, decreased 9 points (5.8 percent) from September. The Crop Index is down 17 points (9....
Dr. Roy Burris, University of Kentucky Beef Specialist, has provided a good listing of timely management information that our beef cattle producers should review and include in the upcoming days. This “Tip List” can serve as a good reminder as we enter the fall production season....
WASHINGTON, D.C., – In the year ahead farmers will probably continue to realize fairly strong cash receipts, but by the same token they will see significant increases in input costs Overall, the farm sector may very well see a down-turn in profits in 2009 compared to 2008, according to the American Farm Bureau Federation....
Kansas State University is now accepting enrollment from farmers and ranchers, for this year’s Management, Analysis and Strategic Thinking Program, better known as the MAST Program. K-State Research and Extension ag economist Kevin Dhuyvetter, one of the instructors featured in the program’s online videos, says the course is tailored for busy ag producers....
LUBBOCK, Texas (AP) — There is new trouble at the ranch. The worsening financial crisis is making it harder and more expensive for farmers and cattlemen to borrow money to pay for feed, land and salaries....
Between the autumns of 2006 and 2008, we have seen some real volatility in the cattle and grain markets. This condition has forced producers to reevaluate how they go about doing business. We have seen prices for corn double, and fertilizer and fuel triple....
With high feed, seed, fuel and fertilizer costs, beef producers need to consider alternative approaches to feeding and managing their herds, said a Purdue University expert. “They need to make sure they have a feeding and management plan in place to minimize feed costs, optimize herd performance and maximize profit,” said Ron Lemenager, Purdue Extension beef management specialist....
(Lincoln, Neb.) – Feed efficiency is rapidly becoming a cattle industry priority. Its impact on profitability is tremendous, and its heritability allows rapid progress. Studies to date have shown that selecting for efficiency has immediate impact, and the impact is on the cow herd as well as in the feedlot....
MANHATTAN, Kan. - High feed costs in recent months have made it attractive to "grow" cattle to heavier weights and feed them fewer days than usual, but there are factors to consider, a Kansas State University animal scientist said....
Lloyd Noble's legacy lives on today. Noble, visionary oilman and philanthropist, established The Samuel Roberts Noble Foundation more than 60 years ago to provide education and assistance to agricultural producers....
Body condition scores (BCS) describe the relative fatness of a cow through the use of a nine-point scale and is an effective management tool to evaluate nutritional status of the herd. The body condition scoring system allows producers to visually assess their cow herd using a number system that objectively describes the amount of condition or fat reserve of an animal....
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