BEEF_DAILY
A Penton Media Property
October 21, 2009
If you want to view this on the web go to:
http://enews.penton.com/enews/beef/v/897
--Farmers on List of America's Most Dangerous Jobs
At times, it feels like the general consumer doesn't understand what we
do on our farms and ranches. In the past few years, it has become
evident that the public mistrusts the American farmer and rancher, which
is unfortunate, because we have the same worries and concerns as they
do. Like our consumers, we worry about animal care, the environment,
food safety and sustainability. Yet, so often, the plight of the
ranchers themselves is forgotten. Profitability, good health and a
well-balanced lifestyle are sometimes hard to achieve in the 24/7
business of producing food, but it hardly seems like the media is ever
concerned about that. However, this week in MSN Careers, Career Builder
Editor Kate Lorenz identifies America's Most Dangerous Jobs, and she
lists the challenges farmers face in her countdown. Finally, a media
source that remembers humanity and recognizes the hard and dangerous
work farmers and ranchers do on a daily basis. Read on for an excerpt of
her article... And, please remember to be safe and smart this harvest
season. God Bless.
To view the full article go to:
http://blog.beefmagazine.com/beef_daily/2009/10/21/farmers-on-list-of-americas-most-dangerous-jobs/
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--Economist: Cattle Producers Predicted to See Profitable Outlook in 2
A weak U.S. dollar has encouraged investment in commodities, resulting
in positive activity for agriculture, according to a Texas AgriLife
Extension Service economist. "With regards to index investments, they
(investors) buy these as a hedge against inflation, and when you have
investment dollars coming out of the closet, many are putting money into
commodities and that's good for agriculture," said Dr. Mark Welch,
AgriLife Extension grain marketing economist. A weak dollar allows
foreign investors more purchasing power for U.S. products, and this has
led to investment opportunities in commodities such as oil, which hit
$78 a barrel recently. Index funds will also seek other commodities
outside the energy sector, Welch said. "This will also include
agricultural commodities, which can lead to some positive activity for
the agricultural industry as a whole," said Welch, who recently
discussed market implications at the 2009 Brock Faulkner Cattleman's
Clinic in Bryan.
To view the full article go to:
http://beefmagazine.com/markets/1021-cattle-producers-profitable-2010/
--Pilgrim's Pride Receives Early Antitrust Clearance
Pilgrim's Pride Corp. today announced that it has received early
antitrust clearance from the Federal Trade Commission (FTC) and
Department of Justice for the company's previously announced stock
purchase agreement with JBS USA Holdings Inc. (JBS U.S.A.), a subsidiary
of JBS S.A. Last month, Pilgrim's Pride and six of its subsidiaries (the
Debtors) filed a joint plan of reorganization and related disclosure
statement with the U.S. Bankruptcy Court for the Northern District of
Texas. Under the terms of the joint plan of reorganization, Pilgrim's
Pride has entered into an agreement to sell 64% of the new common stock
of the reorganized Pilgrim's Pride to JBS U.S.A. for $800 million in
cash.
To view the full article go to:
http://beefmagazine.com/sectors/processing/1021-pilgrims-pride-early-antitrust-clearance/
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--Sides Clash Over Livestock Rules
Supporters and opponents of state Issue 2 clashed last night about
whether the livestock-standards proposal is a "constitutional grab" by
powerful agribusiness interests or much-needed protection for Ohio's
farms and food supply.
Both sides of the issue that Ohioans will see on the Nov. 3 ballot got a
full airing during a two-hour debate at Independence Hall on the Ohio
State University campus. The event was sponsored by the Ohio Liberty
Council, a coalition of on- and off-campus organizations.
To view the full article go to:
http://beefmagazine.com/people/1021-livestock-rule-issue-2/
--BEEF Daily Blog
Meet BEEF Daily Editor Amanda Nolz. With
her boots planted firmly on the ground as both a cattle producer and an
agriculture writer and speaker, this young cattle industry professional
presents her unique perspective on pertinent industry issues and trends
each Monday to Thursday morning.
To view the full article go to:
http://blog.beefmagazine.com/beef_daily/
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